Copper price jumps on weaker dollar
The head of the European Central Bank said further interest rises would come despite the rising probability of a euro zone recession.
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‘Bait and switch’: House Committee asks A.G. to investigate alleged Pebble deception
A US Transportation and Infrastructure House Committee report recommends asking the attorney general to investigate alleged false statements made by the company to Congress.
Turquoise Hill delays shareholder meet on $3.3bn Rio Tinto buyout
Rio recently raised its offer but still faces opposition from multiple parties including Turquoise Hill's second-largest shareholder.
PIF, Mitsui eye stake in Vale’s base metals business
Vale is seeking to raise more than $2 billion from the deal, Bloomberg sources say.
China Hongqiao: Plan to shift aluminum output on track despite Yunnan’s power woes
The government ordered primary aluminum producers to cut their power usage by at least 10% in September.
Banks bolster metals-trading desks after wild year for markets
Top banks are reinforcing their metals divisions to cash in on the volatility that’s lifted trading profits over the past three years.
First Majestic drills 19.97 g/t Au over 20.9m near active underground mine area at Jerritt Canyon
The latest results come from the area along the connection drift between the Smith and SSX underground mines.
Saudi Arabia courts Australian miners for $170 billion plan
The kingdom says it’s sitting on top of $1.3 trillion worth of untapped mineral deposits including copper, zinc, phosphates, and gold.
Lead to get more fund investment after joining BBG index
The index looks at five-year averages of exchange liquidity and production data to determine which commodities are included and which weightings are assigned.
