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Overview Market Close – September 17, 2020
Americas Name Value Net Change % Change DOW JONES INDUS. AVG 27,901.98 -130.40 -0.47% S&P 500 INDEX 3,357.01 -28.48 -0.84% NASDAQ COMPOSITE INDEX 10,910.28 -140.19 -1.27% NYSE COMPOSITE INDEX 12,948.45 0.00 0.00% S&P/TSX COMPOSITE INDEX 16,246.72 -48.94 -0.30%...
First Quantum eyes operations expansion at Zambia mine
Canadian miner First Quantum Minerals Ltd said on Monday it plans to expand operations at the Kansanshi mine in Zambia, Africa’s biggest copper mine. In a technical report, the company said it plans to expand the sulphide ore processing facility at the Kansanshi mine...
Codelco reaches contract agreement with El Teniente supervisors
Chile’s state-owned copper miner Codelco said on Monday it had reached a contractual agreement with the supervisors’ union at El Teniente mine, reflecting the new constrained realities of the industry following the economic blow dealt by the covid-19 pandemic. The...
Iron ore price jumps to fresh 6-year high on China building boom
Iron ore prices hit fresh six-and-a-half year highs on Monday on the back of a Chinese construction and factory expansion boom. China is expected to set a growth target of 5.5% in its 2021–2025 economic development plan, the fourteenth five-year plan since 1953. While...