Cornish Metals sells Canadian royalties to Elemental Altus
The move follows the sale of the Nickel King property, highlighting the company's focus on advancing the South Crofty tin project in the UK.
The London Metal Exchange (LME) will move its open-outcry trading to a disaster recovery site northeast of London on Friday to test the operations, it said on Tuesday.
The exchange, the world’s oldest and largest market for industrial metals, said in a statement it tests the site in Chelmsford twice a year and that Friday’s move was not part of its coronavirus contingency planning.
The 143-year-old LME, owned by Hong Kong Exchanges and Clearing Ltd., runs the last open-outcry trading venue in Europe.
The exchange has said it has contingency plans to relocate or ditch open-outcry trading if the coronavirus outbreak worsens in Britain.
(By Eric Onstad; Editing by Louise Heavens)
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