Tin plunged the most in more than seven years in London following a wave of selling from China’s onshore metals market, where sentiment has soured as investors focus on signs of economic weakness. The metal, which is mostly used in soldering, dropped 6…
Tin slumps most in seven years on spike in Chinese selling Read More »
Tin plunged the most in more than seven years in London following a wave of selling from China’s onshore metals market, where sentiment has soured as investors focus on signs of economic weakness. The metal, which is mostly used in soldering, dropped 6…
Tin slumps most in seven years on spike in Chinese selling Read More »
An 18-month labour dispute at an aluminum smelter in Quebec controlled by Alcoa Corporation ended after workers accepted a deal, defying the recommendation of their union’s leadership. On Tuesday, about 80% of workers at the Becancour plant voted to ra…
Alcoa’s workers accept offer, ‘exhausted’ from 18-month dispute Read More »
An 18-month labour dispute at an aluminum smelter in Quebec controlled by Alcoa Corporation ended after workers accepted a deal, defying the recommendation of their union’s leadership. On Tuesday, about 80% of workers at the Becancour plant voted to ra…
Alcoa’s workers accept offer, ‘exhausted’ from 18-month dispute Read More »
Before dawn Tuesday, troops escorted more than 1 000 police officers to seize a remote mountain at the center of a gold rush at illegal mines in Ecuador’s northern Andes. As many as 10 000 people flooded the remote region known as Buenos Aires over the…
Police swarm gold rush mountain as Ecuador declares emergency Read More »
The Environmental Protection Agency on Monday moved to ensure it has a role negotiating the terms of any permit for the massive Pebble Mine planned near Alaska’s Bristol Bay, a move that may bolster the permit’s chances of approval. The EPA’s action co…
Alaskan gold mine gets boost as Trump’s EPA intervenes on permit Read More »
South Africa’s largest platinum-mining labour union said it would meet the nation’s top three producers on successive days next week as it starts formal negotiations for a three-year wage deal. The Association of Mineworkers and Construction Union (AMC…
South African platinum mine wage negotiations to start next week Read More »
The risk of South Africa’s struggling state power utility going bust doesn’t appear to faze one of its biggest creditors – the World Bank. The Washington-based lender agreed to lend Eskom Holdings $4-billion almost a decade ago to boost its generation …
Good news for Eskom – World Bank says South Africa will save it Read More »
Gold rebounded from its biggest decline in more than two years on signs of fresh strains on the global economy. Prices rose after factory activity across Asia and Europe shrank in June, while the US showed only meager growth, according to purchasing ma…
Gold resumes trek higher as weak economic data point to stimulus Read More »
Chubb said it will stop underwriting the construction or operation of new coal-fired plants to fight climate change. The insurer will also stop underwriting or making new debt or equity investments in companies that derive more than 30% of their revenu…
Chubb ceases new coal-plant business to fight climate change Read More »
