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Copper prices plunge to the lowest levels in four years , down as much as 8% to $4,371/metric ton in Asia trading amid forecasts that the coronavirus will cause huge damage to global industrial production. More news on: Teck Resources Limited, Freeport-McMoRan Inc., BHP Group, Commoditie...
Newmont ( NEM +11.5% ) says it will ramp down operations at its Yanacocha gold mine in Peru, after the government imposed a 15-day national quarantine to stop the spread of coronavirus. More news on: Newmont Corporation, Compañía de Minas Buenaventura S.A.A., Anglo American p...
Copper prices ( HG1: COM ) slip to their lowest levels since November 2016 among demand worries prompted by the coronavirus outbreak in Europe and the U.S., but today's 1%-4% declines in industrial metals are more measured than in equity and oil markets; May Comex copper -3.2% to $2...
Diversified global miners lead the rebound in European bourses, with Rio Tinto (NYSE: RIO ) +12.3% , BHP +13.3% , Glencore ( OTCPK:GLNCY ) +10.7% , Anglo American ( OTCPK:AAUKY ) +13.1% in London trade. More news on: Rio Tinto Group, BHP Group, Glencore plc, Commodities news, Stocks...
Copper fell to its lowest in more than three years after the U.S. imposed curbs on travel from Europe due to the coronavirus. More news on: Freeport-McMoRan Inc., Teck Resources Limited, Southern Copper Corporation, Commodities news, Stocks on the move, News on ETFs, Read more ...
Iron ore prices have remained relatively strong so far during the coronavirus crisis, leading some players and analysts to describe the steelmaking ingredient as an surprising safe haven compared to other metals commodities, S&P Global Platts reports. More news on: Rio Tinto Gro...
Anglo American ( OTCQX:AAUKF , OTCPK:AAUKY ) plunges more than 8% in London to its lowest levels in seven months after its South African platinum subsidiary declared force majeure following last month's explosion at a key metals processing plant in South Africa. More news on: Anglo Amer...
Anglo American ( OTCQX:AAUKF , OTCPK:AAUKY ) reports full-year net profit came in flat in 2019 at $3.55B but ended slightly ahead of the $3.42B analyst consensus estimate. More news on: Anglo American plc, Anglo American plc ADR, Anglo American plc, Commodities news, Read more ...
Hedge fund Odey Asset Management says it will vote against Anglo American's ( OTCQX:AAUKF , OTCPK:AAUKY ) bid to acquire Sirius Minerals ( OTCPK:SRUXF ), as it believes the current offer does not represent fair value. More news on: Anglo American plc, Anglo American plc ADR, Sirius Mine...
Botswana plans to conclude negotiations by the end of April with Anglo American's ( OTCQX:AAUKF , OTCPK:AAUKY ) De Beers on a diamond sales agreement to replace the current 10-year deal, the country's minister of mineral resources says. More news on: Anglo American plc, Anglo American p...
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