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An abundance of aluminium scrap to spur US recyclers
The growing use of aluminium by transport and packaging firms in the United States has created an abundance of scrap and is encouraging recyclers to expand capacity in what industry analysts see as the start of a new trend. Those already expanding include Novelis, one...
Alamos Gold to hike dividend by 50% on ‘strong’ 2020 outlook
Canadian-based diversified gold miner Alamos Gold (TSX: AGI) has provided its production and operating guidance for the upcoming year. The company remains on track to meet its 2019 production and cost guidance, driven by strong performance from its Canadian operations...
Rio Tinto scores big win in Mongolia
The world’s second largest miner Rio Tinto (ASX, LON, NYSE: RIO) has scored a major win in Mongolia after the country’s parliament unanimously approved a resolution that reconfirms the validity of all the Oyu Tolgoi mine-related agreements approved since 2009. The...
Overview Market Close – December 12, 2019
Americas Name Value Net Change % Change DOW JONES INDUS. AVG 28,132.05 +220.75 +0.79% S&P 500 INDEX 3,168.57 +26.94 +0.86% NASDAQ COMPOSITE INDEX 8,717.32 +63.27 +0.73% NYSE COMPOSITE INDEX 13,697.41 +117.49 +0.87% S&P/TSX COMPOSITE INDEX 16,946.90 +7.29...