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ArcelorMittal considers sale of Canadian assets
ArcelorMittal, the world’s biggest steelmaker, is evaluating the potential sale of its infrastructure assets in Canada, where it has the largest and most profitable iron ore operation, as it seeks to cut debt by divesting non-core businesses. The facilities the...
State miner to acquire 20% stake in Vale Indonesia
Brazilian mining giant Vale announced on Friday that its Canadian subsidiary Vale Canada Limited (VCL) has reached an agreement to sell a 20% stake in the nickel producer PT Vale Indonesia to state-controlled PT Indonesia Asahan (Inalum). The sale is valued at $290...
Codelco says to suspend northern construction projects due to pandemic
Chile’s state-controlled Codelco copper miner said on Saturday it will suspend construction projects in the northern part of the country and try to maintain production at its Chuquicamata mine while staffing the operation with local personnel. The company issued a...
Economic Calendar – Weekly June 22, 2020
Time Zone Event Forecast Previous Monday, June 22, 2020 00:00 AUD RBA Governor Lowe Speaks 02:30 CNY PBoC Loan Prime Rate 3.85% 06:30 GBP Investing.com GBP/USD Index 43.8% 06:30 USD Investing.com Gold Index 51.5% 06:30 USD Investing.com S&P 500 Index...