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Weaker precious metals prices were taking a toll on miners in London on Thursday after the end of the Federal Reserve's quantitative easing programme set the tone across global markets. Randgold Resources made the biggest single fall on a neutral FTSE ...and more » Read more...
RIO DE JANEIRO—Brazilian mining giant Vale SA surprised investors Thursday by coughing up a net loss in the third quarter due a sharp depreciation in the local currency and the lowest iron-ore prices since 2010. Vale posted a $1.44 billion loss in the ... Read more...
It already has mine assets and the Nyrstar move follows similar investments by other commodity traders, looking beyond their traditional hunting grounds to secure metal. Swiss-based Mercuria, for example, said it wants to grow its metal business by ...and more » Read more...
The initial project capacity will be 4.8 million tpy of bauxite, before ramping up to 10 million tpy. "The Bel Air project is a leading contender to fill the current bauxite market shortfall," Andries Cilliers, chief technical officer, told Metal ... Read more...
Lundin Mining is bolstering its presence across Europe and beyond with a number of promising expansions, along with exploration and mine construction projects which will see the company head. Read more...