Ex LME CEO to set up new metals trading platform for London
Martin Abbot says brokers are unhappy with the exchange's new fees as well as the sense that the LME is moving away from its traditional metals trading roots.
Latest Stories
Coal rides commodities rally in push to 10-month high in Europe
The fuel has rallied 50% since February, when it plunged to the lowest since at least 2007.
Cyprium Mining finalizes rehabilitation of shaft #3 of the Potosi Silver Mine
The project, which began in February 2016, consisted in the rehabilitation and improvement of the extraction capability of shaft #3 as well as improvement of infrastructure, security and preparation of prospective mining areas at levels 2 to 4 of the mine.
$67 million raised for Mali gold project
Confidence about a prospective gold mine in Mali got a significant boost, after the company behind the project raised US$67 million to go toward construction.
Are junior gold stocks following 2008-2009 recovery?
Given the reaction to the jobs news, the probabilities say the juniors are more likely to follow the red path (2009) or something close to it then the blue path (2001).
$50/barrel oil won’t last: Why chances of a breakdown are high
Technical analyst and newsletter writer Clive Maund lists the reasons he believes oil prices, which recently peaked above $50/barrel, are headed for a fall.
Niobium mining – The first step in building a fighter jet
In what was probably the least publicized bidding war in mining history, fifteen companies took part in the sale of Anglo American’s niobium and phosphates operations located in the states Goiás and São Paulo, in Brazil.
Copper price rebounds
Copper up 3% to three-week high and back in positive territory for the year as weaker dollar should boost Chinese demand.
