Gold trading kicks off on Nigerian exchange ahead of launch
For the first time the metal will be offered on a bourse in the West African nation.
Latest Stories
Elon Musk crafts new master plan before Tesla pulls off the old one
Before readers of Musk’s next plan get their hopes up about all he intends to achieve, this track record suggests cautious optimism is warranted.
China’s hunger for commodities is wavering after years of growth
China’s imports of key commodities face some mighty headwinds in the second half.
Glencore strikes one of Japan’s most expensive ever coal deals
Nippon Steel agreed on an annual supply deal through March with Glencore for power plant coal at $375/t.
Grupo Mexico’s Q2 net profit falls 40.5%, copper production hit by Peru’s protests
Grupo Mexico's second-quarter net profit was $611 million, down from the $1.03 billion from the year-ago period.
Glencore sells Yancoal Australia stake in $293m block trade
The sale comes almost a month after Glencore and other shareholders rejected an offer by China's Yankuang Energy to buy the remaining 37.7% of shares in Yancoal.
Rio Tinto slashes dividend as profits take a hit; shares tumble
Rio Tinto reported a 29% drop in first-half profit and more than halved its dividend on Wednesday.
Teck Resources boss to leave after 17 years at top job
Don Lindsay, who will leave by the end of September, led a number of large deals during his time at Teck, but also received criticism from investors over his pay and performance.
How a lake and a volcano produced a rare mineral on Mars
Researchers have figured out how tridymite formed in Mars’ Gale Crater.
