The commodity price weakness from 2012 to 2015 was the result of an over-allocation of capital from 2006 to 2012, Glencore CEO Ivan Glasenberg told an American audience on Monday....
Tuesday, 28 February 2017
Monday, 27 February 2017
'We took an awful beating': Anglo American boss Mark Cutifani on steering a turnaround
Mark Cutifani, chief executive of Anglo American, looks cheerful. Having just presented the mining giant’s full-year results, in which it posted a first pre-tax profit in five years, he has reasons to smile.......
Wednesday, 15 February 2017
Trump’s impact on commodities: 6 things to watch
US president Donald Trump has upended the equity, bond and foreign currency markets. But his proposed policies have also got commodity traders and producers on high alert....
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Tuesday, 14 February 2017
Finland inks $266 million deal to revitalize Europe's largest nickel mine
A large but troubled nickel mine in Finland may be back on the road to profitability thanks to a recent deal that saw commodities trader Trafigura take a 15.5 percent stake.....
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Nickel market rebalancing put on hold as divergent Indonesia, Philippines strategies signal standoff
A rebalancing of the nickel market has been cast into doubt as divergent strategies by major producers Indonesia and the Philippines muddle the outlook, a recent report by Bank of America Merrill Lynch (BofAML) has found.
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