Metals & Mining Commodity News | Commodities News – Gold, Silver, Platinum
Copper tumbles on weak China data
Source: Financial Times, 23rd May 2013
After a six-week high, price of the red metal falls 2.6% following weak Chinese manufacturing data and a plunge in the Japanese stock marketCopper tumbles on weak Chinese data
Source: Financial Times, 23rd May 2013
China is the world’s biggest importer of copper, and other industrial metals, and a slowdown would have a significant impact on metals markets and the mining industryVedanta sells landmark offshore bond
Source: Financial Times, 23rd May 2013
Indian groups have already almost doubled the record full-year amount of debt raised offshore in 2011 when companies notched up a total of $3.3bnSilver’s slide shows hedging benefits
Source: Financial Times, 23rd May 2013
The successful programmes may help convince sceptical miners and equity investors to seek protection against price declinesCopper rises to six-week high
Source: Financial Times, 22nd May 2013
Continued outage at Freeport’s Grasberg mine in Indonesia heightens supply worriesAluminium chief to leave Glencore Xstrata
Source: Financial Times, 21st May 2013
Gary Fegel, who has run Glencore’s aluminium division since 2006, is the first senior departure since the completion of the takeover of XstrataRiverstone eyes $1bn commodities venture
Source: Financial Times, 20th May 2013
The US-based private equity is in talks with a new global asset-backed merchant to be run by David Silbert, a former Deutsche executiveSupplies in focus in cotton court battle
Source: Financial Times, 20th May 2013
Lawyers for a former head of the commodity at Glencore and top merchant Louis Dreyfus Commodities squared up for nearly two hours on MondayIron ore prices fall to five-month low
Source: Financial Times, 20th May 2013
Fall in prices will weigh on the profitability of the mining industry, since iron ore has been one of the mined commodities to have outperformed expectationsGold tumbles as silver hits 2½-year low
Source: Financial Times, 20th May 2013
The grey metal and gold fall to the lowest level since September 2010 on reports of a large sell order in early Asian trading, amid thin trading volumesMore Articles...
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