Glencore deposits more Russian aluminum on LME system
Glencore has deposited more than 100,000 tonnes of aluminum in LME registered warehouses in South Korea.
Rio Tinto to weather storm of fragile global economy
Rio Tinto, the world’s third-largest miner, expects global markets to remain fragile in the near term and sees itself in a strong position to weather any turbulence, its chairman said on Thursday.
The company said that it expected little impact on demand for commodities following the earthquake and tsunami disasters in Japan, and said in the long run demand may increase as Japan moved to rebuild.
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General Motors competes for stake in Vale’s base metals unit
Automakers have been stepping up efforts to lock in supplies of nickel and copper.
BHP halts Western Australia iron ore operations for a day after worker dies
Western Australia police have showed up on the site and BHP has informed safety regulators of the incident.
Fancy colour diamond prices up 3.9% in 2022
Prices for yellow diamonds climbed by 4.6% from the previous year, followed by a 3.9% rise in pinks and 1.8% in blues, the FCRF says.