South Africa to make oil, mining announcement in says, ANC says
An agreement has been reached on separating laws for the country’s oil industry and dropping a bill to govern the two sectors.
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Glencore seeks to grow Brazil fuel distribution unit -Ale CEO
Glencore expects its recently acquired Brazilian fuel distribution company Ale Combustíveis SA to pursue growth opportunities without making acquisitions.
China’s Western Mining to launch Qinghai copper smelter next month -chairman
Qinghai, which involved investment of 2.4-2.5 billion yuan, is undergoing test production and output will ramp up gradually after commercial launch.
Viceroy says it’s shorting Canadian miner Pretium
Arguing the company has artificially inflated the value of its Canadian gold mine, which risks being taken over by creditors in coming months.
South African miner Assore reports profit fall on stronger rand
Assore reported a 1.9 percent fall in annual profit on Thursday as a strong rand currency offset favourable commodity prices and higher sales.
Norsk Hydro working to convince Brazil to resume full output at Alunorte refinery
Hydro was ordered to slash output by half at Alunorte after the company admitted to making unlicensed emissions of untreated water during severe rains.
Rusal’s August aluminium exports up 7 percent from July – Ifax
MOSCOW, Sept 6 (Reuters) – Russian aluminium producer Rusa , under U.S. sanctions since April, increased its aluminium exports by 7 percent […]
Dalian coking coal extends gains as smog crackdown tightens supplies
Chinese coking coal futures rose their most in a month on Thursday, buoyed by firm physical prices.
ArcelorMittal reaches Ilva deal with unions, opening way for takeover
ArcelorMittal signed a preliminary agreement last year to buy Ilva, which has the largest steel-producing capacity in Europe.
