LME draws takeover interest from rivals after nickel crisis
Intercontinental Exchange made an approach to buy the LME earlier this year from owner Hong Kong Exchanges & Clearing, sources say.
Latest Stories
Gold price hits record in Pakistan as economic woes spur buying frenzy
Gold demand in Pakistan jumped 34% to 13 tons between July and September from a year earlier, according to data from the World Gold Council.
Vale forsakes volume for value in boost to iron ore’s nascent price recovery
The Brazilian mining giant has been slowly ramping back up after losing its mantle as the world’s biggest producer of the steelmaking raw material.
Britain approves first new coal mine in decades despite climate targets
The Woodhouse Colliery would take two years to build at a cost estimated in 2019 of 165 million pounds.
Rio Tinto plays chancy round of Mongolian roulette
December 9 is shaping up to be a big day for Rio Tinto chief executive Jakob Stausholm.
Banyan Gold to raise $8.5 million for Yukon projects
This financing follows up on a C$17 million private placement announced earlier in June.
JPMorgan helps MineSense raise $42m to close copper gap
Funds raised will help MineSense to speed up the commercial release of a solution that could help close an expected copper deficit.
Nyrstar’s Auby zinc plant on care and maintenance until further notice
High power prices have spurred suspensions and cutbacks by smelters throughout Europe.
Mongolian PM meets with protesters over millions in missing coal
People have been demonstrating since Sunday in the capital Ulaanbaatar to protest reports that 385,000 tons of coal were missing from stockpiles at the border with China.
