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Metals & Mining Commodity News | Commodities News – Gold, Silver, Platinum

Gold hits -week low on ETF selling

Source: Financial Times, 16th May 2013

Poll by Credit Suisse of 185 investor clients finds 60% believe the yellow metal is the commodity with the worst 12-month outlook

Read the full article on FT.com

Gold hits 4-week low on ETF selling

Source: Financial Times, 16th May 2013

Poll by Credit Suisse of 185 investor clients finds 60% believe the yellow metal is the commodity with the worst 12-month outlook

Read the full article on FT.com

Gold hits four-week low on ETF selling

Source: Financial Times, 16th May 2013

Price of the precious metal falls to $1,369 as institutional investors liquidate their holdings, while ETF outflows total 236 tons

Read the full article on FT.com

Gold at four-week low on ETF selling

Source: Financial Times, 16th May 2013

Price of the precious metal falls to $1,369 as institutional investors liquidate their holdings, while ETF outflows total 236 tons

Read the full article on FT.com

Hayward takes chair at Glencore Xstrata

Source: Financial Times, 16th May 2013

Former BP chief executive makes extraordinary return to the forefront of British business, succeeding Sir John Bond at the helm of the commodities and trading group

Read the full article on FT.com

Bond steps down from Glencore Xstrata

Source: Financial Times, 16th May 2013

Sir John Bond, the chairman of the commodities and trading group will not be re-elected to the group’s board at the annual meeting

Read the full article on FT.com

Rusal raises profits amid falling prices

Source: Financial Times, 14th May 2013

World’s number-one aluminium producer is reducing capacity at lossmaking smelters as it attempts to mitigate effects of a vastly oversupplied market

Read the full article on FT.com

Petropavlovsk delays new plants

Source: Financial Times, 13th May 2013

Without the moves, Liberum’s estimates suggest net debt will rise from $1.1bn at end 2012 to $1.25bn by the end of 2013 at current gold spot prices

Read the full article on FT.com

Gulf petrochemicals expansion threatened

Source: Financial Times, 13th May 2013

Shift of price advantage leaves Mideast companies less likely to build more chemicals and plastics plants which in turn spawn new industries and jobs

Read the full article on FT.com

Tata Steel reveals $1.6bn writedown

Source: Financial Times, 13th May 2013

Metals division of the broader Tata conglomerate blamed weak European macroeconomic conditions for the decision

Read the full article on FT.com

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