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Rio Tinto cuts Pilbara shipment outlook after cyclone Damien
Rio Tinto on Monday lowered its forecast for the volume of iron ore it expects to ship from the Pilbara region in Australia after tropical cyclone Damien hit the country’s west coast. The company said it is resuming operations following the passing of the cyclone and...
Overview Market Close – February 17, 2020
Americas Name Value Net Change % Change DOW JONES INDUS. AVG 29,398.08 -25.23 -0.09% S&P 500 INDEX 3,380.16 +6.22 +0.18% NASDAQ COMPOSITE INDEX 9,731.18 +19.21 +0.20% NYSE COMPOSITE INDEX 14,097.34 -1.70 -0.01% S&P/TSX COMPOSITE INDEX 17,848.36 +27.19 +0.15%...
Glencore held stocks of 12,797 tonnes of cobalt at end of 2019
Glencore’s Katanga operation in Africa held unsold stocks of 12,797 tonnes of battery material cobalt with a current market value of more than $400 million at the end of last year, statements from Katanga show. Its cobalt stocks at the end of 2018 stood at 3,769...
Il settore minerario peruviano ha subito un rallentamento nel 2019
Peru’s mining sector fell by 0.05% in 2019, a report by the National Institute of Statistics and Informatics shows. According to the government agency, a 0.84% contraction in the metallic mining subsector is to blame for the downfall. In the world’s No. 2 copper...