* Latest of several extrajudicial killings - activists* Two police officers arrested, apology issued* Police action is rare after such killings* Activists say state reputed for gangsterism* Tiwari was jovial, hard working Apple employeeBy Pawan Kumar and Aditya KalraLUCKNOW/NEW DELHI, Oct 1 (Reuters) - The deadly shooting of an Apple AAPL.O manager by police in India's most-populous state prompted...Read More
(Repeats text unchanged)LONDON, Sept 28 (Reuters) - Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.1/IF NOT 4Q The fourth quarter gets underway on Monday, the time of year when investors hope things quieten down and allow them to lock in the profits they've accrued throughout the year. That's the theory,...Read More
Fatality at Serabi mine: NMBCapital markets"We have had some really positive surprises out of this process"LeadershipAmerigo MVC plant ramp-up on courseSPONSOREDamerigo resourcesDavenport puts South Harz potash back in global spotlightSPONSOREDdavenport resourcesInertia, or perhaps more accurately, momentum, is a terrible thing. As I have pointed out many times in this column, both...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipAmerigo MVC plant ramp-up on courseSPONSOREDamerigo resourcesDavenport puts South Harz potash back in global spotlightSPONSOREDdavenport resourcesCritically, the new reserve did not include the New Ingerbelle resource, nor any of the aset's sizeable remaining resources.The new...Read More
Fatality at Serabi mine: NMBCapital marketsAmerigo MVC plant ramp-up on courseSPONSOREDamerigo resourcesDavenport puts South Harz potash back in global spotlightSPONSOREDdavenport resourcesAMC Consultants: San Sebastian Mining Method Case StudySPONSOREDamc consultantsImportantly, the company said the Makoko high-grade discovery showed "characteristics identical to the tier-one Kamoa-Kakula discove...Read More
PolarX points to upsideSPONSOREDpolarx ltdThe Vancouver-based miner, which is listed in Canada and Australia following its merger with ASX-listed Altona Mining in March, said Eva had the potential to add significant cashflow to its op...Read More
A heated debate is taking place in Argentina after opposition senator Alejandro Abraham presented a project to modify Law 7722, which regulates mining activities in the central Mendoza province, known for its wine production.Among other things, Abraham's bill establishes a new Special Mining Rate, which is 50 per cent higher than royalties and specifies in which sectors the revenue it generates ca...Read More
HAMBURG, Oct 1 (Reuters) - Aurubis, Europe's biggest copper smelter, will offer 2019 copper premiums to its customers of $96 per tonne, the company said on Monday, confirming earlier reports from traders.This compares to $86 per tonne in both 2018 and 2017.The premium is paid by customers above the London Metal Exchange (LME) copper prices."I think the increase shows the positive state of market...Read More
(Bloomberg) - Commodities just posted the longest losing streak in more than three years, and analysts and investors are giving conflicting signals over whether the worst is over.The Bloomberg Commodity Index fell 2.5 percent in the third quarter amid a stronger dollar, trade frictions and concerns over the Chinese-demand outlook. Copper slid into bear markets and gold posted its longest run of m...Read More
Shares in Canadian miner Ivanhoe Mines (TSX:IVN) jumped Monday after it announced a significant new discovery of high-grade copper on its 100%-owned Western Foreland asset, west of the Kamoa-Kakula mining licence in the Democratic Republic of Congo (DRC).The find, named Makoko, is Ivanhoe's third major copper discovery in the DRC, as well as the first of multiple high-potential target areas ident...Read More
NEW DELHI, Sept 30 (Reuters) - State police have arrested two constables in northern India over the fatal shooting of an Apple employee in an incident during a routine patrol on Saturday.Vivek Tiwari, a sales manager for Apple AAPL.O , was shot dead early on Saturday by a police constable in the Gomti Nagar neighbourhood in Uttar Pradesh state, about 13 km (8 miles) from state capital Lucknow.The...Read More
(Repeats story from Sept. 28 for wider readership with no change to text)* Refiners brace for plunge in HSFO demand, diesel boom in 2020* Some to stay flexible as HSFO demand may rebound on scrubbers* Fuel upgrade projects take time, require govt approval and money* Refiners may process more low-sulphur crudeBy Florence Tan, Osamu Tsukimori and Julia PayneSINGAPORE/TOKYO/LONDON, Sept 28 (Reuters)...Read More
(Repeats Friday's story without changes to text)* Emerging market make up almost all oil demand growth* Currency risk, high crude price to cut 100,000 bpd in oil demand* Brent crude in different currencies: https://tmsnrt.rs/2N67zl9By Jessica Jaganathan and Florence TanSINGAPORE, Oct 1 (Reuters) - Asia's emerging markets, the key driver for global oil demand growth, are being hit hard by soaring c...Read More
* Brent crude above $83 ahead of November Iran sanctions* Stagnant U.S. rig count supports U.S. crude prices* High prices, trade disputes threaten demand growth* Brent crude in different currencies: https://tmsnrt.rs/2N67zl9By Henning GloysteinSINGAPORE, Oct 1 (Reuters) - Oil prices opened firmly on Monday, with Brent hovering close its highest in nearly four years ahead of U.S. sanctions against...Read More
By Promit MukherjeeMUMBAI, Sept 30 (Reuters) - India's troubled Infrastructure Leasing and Financial Services Ltd (IL&FS), whose recent defaults have roiled Indian markets, said on Sunday its shareholders have approved a plan allowing it to raise fresh funds through debt and equity issuances.The shareholder approval gives the privately-held Indian infrastructure financing and construction firm...Read More
Gold, base metals downCapital marketsOn the first page of a business that only started trading a few days ago are a series of items for sale such as white Solitaire diamond studs weighing a total of half-a-carat for US$600, or pi...Read More
PolarX points to upsideSPONSOREDpolarx ltd "This agreement is a significant step towards the sale of our interest in Grasberg and provides further evidence of our commitment to strengthening the portfolio by selling non-core assets and driving higher returns across the business," Rio CEO J-S Jacques said."We will continue to shape the portfolio, maintain a strong balance sheet and allocate capita...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The future of transport is evolving. Our analysis points to a gradual but exponentential rise in electric vehicle (EV) sales globally, driven by rapidly changing EV economics and technological innovations. In...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The future of transport is evolving. Our analysis points to a gradual but exponentential rise in electric vehicle (EV) sales globally, driven by rapidly changing EV economics and technological innovations. In...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The future of transport is evolving. Our analysis points to a gradual but exponentential rise in electric vehicle (EV) sales globally, driven by rapidly changing EV economics and technological innovations. In...Read More