Copper $ 5.51 / lb 1.52%
Brent Crude Oil $ 60.48 / bbl 1.19%
Palladium $ 1788.75 / ozt 0.60%
Crude Oil $ 56.58 / bbl 1.22%
Natural Gas $ 3.972 / Btu 0.76%
Silver Futures $ 67.62 / ozt 3.37%
Aluminum Futures $ 2966.75 / ton 1.59%
Micro Gold Futures $ 4386.6 / ozt 0.51%
Micro Silver Futures $ 67.605 / ozt 3.34%
Platinum $ 2023.25 / ozt 3.59%
Gold Futures $ 4386.6 / ozt 0.53%
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MMG swings to loss and books $784 million write down

Cecilia Jamasmie | March 09, 2016 | 4:00 am Base Metals Australia China Europe Latin America Copper Zinc 

China-backed miner MMG Ltd (HKG:1208) revealed Wednesday it lost $1.05 billion last year as metals prices traded at multiyear lows, forcing it to book a $784.3 million write down. The overseas unit of China’s largest state-owned copper and zinc producer said revenue fell...

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