Battle lines drawn for London Metal Exchange
Away from the seminars and cocktail parties, metal producers, traders and users will meet behind closed doors to hammer out details of next year's contracts.
Latest Stories
Asia Gold-India discounts widen; Bangladesh launches trade policy
Higher domestic prices dented demand for physical gold in India, prompting dealers to offer the biggest discounts in 3-1/2 months this week.
Hudbay doesn’t deny rumours of interest in Chile’s Mantos Copper
The Chilean miner has been seeking a buyer for all or part of itself to raise $1 billion to dig for copper and gold in two of its mines in the country's north.
Chile’s court ruling allows Tianqi to buy stake in lithium miner SQM
The country's antitrust court has approved a deal between the competition regulator and Tianqi, allowing the Chinese miner to buy a nearly one-quarter stake in lithium producer SQM .
Centamin drops more than 12 percent on second cut to annual output target
The miner now expects to produce 480,000 ounces of gold, down from a range of 505,000 to 515,000 ounces it estimated in May.
Guinea’s bauxite boom upending rural communities
Mining companies are upending rural communities and undermining air and water quality while government authorities fail to rein in abuses.
Glencore, Tohoku Electric set coal contract price at $109.77/T
The agreed price serves as an industry benchmark for supplies of seaborne thermal coal in Asia.
Hydro shutdown pushes up shares of South 32, Alumina Ltd
Hydro plans to halt production and lay off 4,700 people at Alunorte, which has been operating at half capacity since March due to an environmental dispute.
Global trader Concord takes minority stake in Noranda alumina parent
The stake comes as New Day Aluminium Holdings LLC completes a $110 million refinancing and as it readies two major expansion projects in Louisiana.
