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

LBMA Gold Price successfully launched

London, 20 March 2015

The LBMA Gold Price today replaced the historic London Gold Fix. The first LBMA Gold Price settled at $1,171.75. ICE Benchmark Administration (IBA) administers the “LBMA Gold Price”. They provide the auction platform, methodology as well as overall independent administration and governance for the LBMA Gold Price. The LBMA holds the intellectual property rights.

Read more: LBMA Gold Price successfully launched

Wolf’s UK tungsten mine ready to start

Source: Financial Times, 18th March 2015

First British metals mine for decades nears completion

Read the full article on FT.com

Finalists announced for 2015 Platts Global Metals Awards

London, 17 March 2015

Executives and companies from 10 countries have been selected as finalists for the third annual Platts Global Metals Awards, which recognize exemplary accomplishments in a dozen categories, according to program host Platts, a leading global provider of energy, petrochemical metals and agriculture information.

Read more: Finalists announced for 2015 Platts Global Metals Awards

Gold slides to 10th day of losses

Source: Financial Times, 13th March 2015

Losing streak is its worst in more than 40 years

Read the full article on FT.com

Cairn India hit by $3.2bn tax demand

Source: Financial Times, 13th March 2015

UK explorer rejects second demand on former subsidiary as authorities look to keep options open

Read the full article on FT.com

Thomson Reuters brings new depth to copper mine analytics

London, 13 march 2015

Thomson Reuters, the world’s leading source of information for businesses and professionals, now offers detailed mine-by-mine analysis of the world’s copper production to users of its flagship desktop, Eikon.

Read more: Thomson Reuters brings new depth to copper mine analytics

Gold surrenders gains for the year

Source: Financial Times, 9th March 2015

After high of $1,300 in mid-January it has retreated to $1,168

Read the full article on FT.com

SGX sees 3 morning trades as it launches 58% Fe iron ore derivatives

Singapore, 9 March 2015

Three contracts to be settled against Metal Bulletin’s 58% Fe Premium Index have been traded on the Singapore Exchange (SGX) on the morning of its launch of lower-grade iron ore derivatives.

Read more: SGX sees 3 morning trades as it launches 58% Fe iron ore derivatives

TSI-based Iron Ore (58% Fe Fines) Swap and Futures Launched Today

Singapore, 9 March 2015

The Singapore Exchange (SGX) is utilizing The Steel Index (TSI) daily iron ore price index published by Platts, a leading global provider of energy, petrochemicals, metals and agriculture information, as the settlement basis for its new iron ore swap and futures contracts launching today.

Read more: TSI-based Iron Ore (58% Fe Fines) Swap and Futures Launched Today

Chocolate lovers face a stark choice

Source: Financial Times, 6th March 2015

Pay more or watch your favourite product disappear, warns report

Read the full article on FT.com

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