LME launches seven new contracts to try to boost volumes, profit
The steel and alumina contracts have the best chance of succeeding, according to analysts, traders and other industry sources.
Latest Stories
Indonesia’s Antam 2018 profit surges on robust nickel sales
Indonesian state miner PT Aneka Tambang (Antam) targets to start operation of its ferronickel smelter in East Halmahera in the second half of this year.
South Africa’s alluvial diamond miners hampered by lack of government support, funding and inappropriate regulations
The alluvial diamond mining industry has attempted to highlight the diversity of the junior mining sector and the challenges of the ‘one size fits’ all approach to minerals policy by regulators.
Russia’s Polymetal says its ore, gold reserves rose in 2018
Polymetal increased its ore reserves by 15 percent last year to 24 million ounces of gold equivalent.
China iron ore futures hit lowest in March so far on steel curbs
The drop in futures mirrored weakness that has prevailed in the physical market since last week, as steel mills reduced output to comply with anti-smog measures.
Gold miners don’t quite put a ring on it: Liam Denning
After a parade of insults, suspect numbers and pitch decks, Barrick Gold Corp. and Newmont Mining Corp. have agreed to a deal.
Luxfer’s acquisition of Neo Performance falls through
The Manchester-based company had agreed to acquire Neo for $612 million in cash and stock.
SEMAFO and Savary Gold join forces to expand in Burkina Faso
The deal will allow the Canadian miners to consolidate their Karankasso and Mana properties.
Barrick gives up plans to acquire Newmont, will form Nevada JV instead
Under the deal, Barrick will take a 61.5% stake in the joint venture consisting of the duo’s Nevada mines, with Newmont holding the remainder.
