Commodities are at risk from a “double whammy” of rising trade tensions and a substantial slowdown in global growth, the Australian government warned, as increasing uncertainty threatens to hinder record exports from the raw materials powerhouse.
Whil…
Australia warns of ‘double whammy’ risks to commodities outlook Read More »
The Trump administration is ready to remove sanctions on Russian billionaire Oleg Deripaska’s aluminum company, United Co. Rusal, after reaching an agreement to significantly reduce his ownership stake.
Deripaska will remain under US sanctions and his…
Trump poised to lift Rusal sanctions as Deripaska cuts stake Read More »
Alcoa will further curtail production at a Canadian smelter as the biggest US aluminum producer faces a shortage of workers amid a dispute with unionised workers and the impact of US tariffs on shipments of the metal.
The Pittsburgh-based company said…
Alcoa cuts more aluminum output in Quebec as labour dispute bites Read More »
AngloGold Ashanti is considering listing its shares in either London or Toronto in a move that could see the company hive off its remaining South African operations, according to people familiar with the situation.
While no final decision has been mad…
AngloGold is said to weigh London listing, South Africa exit Read More »
It all started so well in 2018 for investors in European metal and mining stocks, but as the year closes out, the sector index is languishing about 25% below its June peak.
Fractious trade-war rhetoric between Washington and Beijing, plus growing worr…
After Europe mining stocks’ humbling year, five themes for 2019 Read More »
John Thornton is a Goldman Sachs alumnus educated at Yale, Harvard and Oxford. Mark Bristow is a South African geologist and big-game hunter.
Together, this corporate odd couple has a plan to turn around the lagging fortunes of the world’s largest gol…
This odd couple plots to save $100bn gold mining business Read More »
The Canadian government announced C$1.5-billion in loans for the oil and gas sector, as well as some government funding for unspecified projects, after a supply glut sank heavy crude prices to as low as $13.46 a barrel last month.
The country’s Energy…
Canada offers C$1.5bn in loans for oil-sector liquidity Read More »
The world’s most contentious coal project is edging closer toward development, potentially unlocking one of the biggest untapped resources even as a debate rages around the fuel’s future.
Indian billionaire Gautam Adani’s Carmichael is located in Aus…
The world’s most controversial coal mine is set to break ground Read More »
The world’s most contentious coal project is edging closer toward development, potentially unlocking one of the biggest untapped resources even as a debate rages around the fuel’s future.
Indian billionaire Gautam Adani’s Carmichael is located in Aus…
The world’s most controversial coal mine is set to break ground Read More »
Glencore’s billionaire head of copper trading, Aristotelis Mistakidis, was among executives fined and banned from being a director by Canada after admitting that its Congolese copper and cobalt unit misstated how much metal it mined.
Mistakidis, who i…
Glencore billionaire among directors banned, fined by Canada Read More »
