BHP expects a plant at its Olympic Dam mine to restart this month following repairs and the company has found a way to deliver returns from the asset as part of a focus on maxmising productivity, its head of Australian operations said on Tuesday."The expectation remains that we'll have that back up and running this month," Mike Henry, president of operations, minerals Australia, said in an intervi...Read More
* Iranian crude exports slip to 1.1 mln bpd in 1st week Oct* Gulf of Mexico producers cut oil output by 40 pct ahead of storm* IMF cuts global growth forecast as trade war curbs begin* API, EIA data to be released Wednesday, Thursday, respectively (Adds settlement prices, commentary, market activity)By Stephanie KellyNEW YORK, Oct 9 (Reuters) - Oil prices rose about one percent on Tuesday on growi...Read More
* Move comes after RBI's data localisation directive* WhatsApp has been testing payments in India* Visa (NYSE:V), Google (NASDAQ:GOOGL), PayPal, others seek extension of RBI deadline -source (Updates to add context, detail)By Sankalp Phartiyal and Aditi ShahMUMBAI/NEW DELHI, Oct 9 (Reuters) - WhatsApp has built a system to store payment-related data in India, in line with a central bank directive...Read More
* BSE, NSE indexes end nearly 0.5 pct lower* Tata Motors plunges 13 pctOct 9 (Reuters) - Indian shares ended lower on Tuesday at their lowest closing level since April, with market heavyweight Tata Motors Ltd TAMO.NS dragging down the indexes amid weak global cues.The benchmark BSE index .BSESN closed down 0.51 percent at 34,299.47. The broader NSE index .NSEI ended 0.45 percent lower at 10,301....Read More
* European and Chinese stocks manage modest bounce* Beijing allows yuan to slip past 6.90 per dollar* US benchmark yields make fresh 7-year top, underpin dollar* Yen up on safety bid as risk appetite sours* Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVh* Asian stock markets https://tmsnrt.rs/2zpUAr4*By Marc JonesLONDON, Oct 9 (Reuters) - European stocks were sucked back into the red on T...Read More
* European and Chinese stocks manage modest bounce* Beijing allows yuan to slip past 6.90 per dollar* US benchmark yields make fresh 7-year top, underpin dollar* Yen up on safety bid as risk appetite sours* Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVh* Asian stock markets https://tmsnrt.rs/2zpUAr4*By Marc JonesLONDON, Oct 9 (Reuters) - Europe battled to fend off a four-day losing strea...Read More
Fatality at Serabi mine: NMBCapital markets"We have had some really positive surprises out of this process"LeadershipNew thinking carves out strong zinc position for Europa MetalsSPONSOREDeuropa metalsStoried past, future potential for Sierra RutileSPONSOREDsierra leoneGolf is, at its core, an individual game. Yes, we play with others - we socialise, we tell silly jokes and we eat a...Read More
Vice chairman, president and CEO Richard Adkerson told Bloomberg if an opportunity arose to sell to another company that would be good for shareholders, "you would see us trying to get the best deal we can get as opposed to being a company where management is trying to protect itself".As the miner nears closure on a long-running negotiation with Indonesia over control of the massive Grasberg coppe...Read More
PolarX points to upsideSPONSOREDpolarx ltd Following a meeting in Lima today, the board of creditors agreed to give Samsel Group until their next meeting scheduled for November 20 to come up with the necessary US$139 million.If not, they will schedule final auctions for La Oroya and the Cobriza copper mine for April next year, an advisor to the workforce told Mining Journal on October 9. PolarX p...Read More
PolarX points to upsideSPONSOREDpolarx ltd Full-year guidance was increased to 39,000-41,000 tonnes copper from the previous 37,000-40,000t after Riotinto produced a record 11,055t of copper in the September quarter, up 3.5% year-on-year.The period was also the second straight quarter where output exceeded 10,000t, bringing the year-to-date production to 30,942t. PolarX points to upsideSPONSOREDp...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
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
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
Oct 9 (Reuters) - Proxy voting adviser PIRC has recommended that BHP Billiton shareholders oppose the mining company's remuneration report at its annual general meeting on Oct. 17."... the maximum potential award for the CEO under all incentive schemes is considered excessive as it can represent more than 200 percent of base salary. There are concerns over certain features of the LTIP which are n...Read More
With a resolution to Freeport-McMoRan Inc.'s Indonesian saga in sight, Chief Executive Officer Richard Adkerson says any strategic move is now possible, including acquisitions, partnerships, or even a sale of the entire company.With a package of agreements close to being sealed, the future, strategically for us, is going to be wide open, Adkerson said.Freeport is planning to remain an independent...Read More
Aristotelis Mistakidis is one of the world's most powerful commodity traders. For nearly 20 years, the brash, hyperactive Greek known to everyone simply as "Telis" has ruled over the global copper market, buying and selling enough of the red metal to supply every factory in the U.S. twice over.Today, the man who built Glencore's reputation in copper is facing tough questions about how he did it....Read More