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BHP expands nickel exposure as Norilsk exits Australia
BHP said on Friday it was expanding its exposure to nickel by purchasing nickel tenements in Western Australia in a deal marking the exit from the country of Russian mining group Norilsk Nickel. The mining giant said it had agreed to buy the Honeymoon Well Nickel...
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...
Overview Market Close – June 19, 2020
Americas Name Value Net Change % Change DOW JONES INDUS. AVG 25,871.46 -208.64 -0.80% S&P 500 INDEX 3,097.74 -17.60 -0.56% NASDAQ COMPOSITE INDEX 9,946.12 +3.07 +0.03% NYSE COMPOSITE INDEX 11,980.12 -92.47 -0.77% S&P/TSX COMPOSITE INDEX 15,474.21 -5.62 -0.04%...