Loading
US to re-impose tariffs on Canadian aluminum imports
The Trump administration is set to re-impose tariffs on aluminum imports from Canada next week, a move that is likely to cause a political uproar and an economic fallout for the maple leaf country. If Canada declines to impose export restrictions, Bloomberg reported,...
Overview Market Close – June 23, 2020
Americas Name Value Net Change % Change DOW JONES INDUS. AVG 26,156.10 +131.14 +0.50% S&P 500 INDEX 3,131.29 +13.43 +0.43% NASDAQ COMPOSITE INDEX 10,131.37 +74.89 +0.74% NYSE COMPOSITE INDEX 12,077.75 +48.84 +0.41% S&P/TSX COMPOSITE INDEX 15,564.75 +47.85...
Freeport Indonesia to shift to all-underground mining by 2022
Freeport Indonesia, operator of Grasberg, the world’s second-biggest copper mine, is on track shift to all-underground mining by 2022, its chief executive said on Sunday. “By 2021, approximately 75% of our operations will be underground mining, with it reaching 100%...
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...