China copper giant’s downfall sealed as court accepts bankruptcy

Third consecutive year the Chinese government has mandated an output limit in line with its emission reduction program.

Larger rivals BHP Group and Rio Tinto Group have already made billion-dollar moves to grow in copper in the past year.

The latest rally comes despite a sharp jump in the US currency, which would usually weigh on demand for the greenback-priced bullion.

Global markets were uneasy after Credit Suisse's biggest shareholder said it could not provide more financial support to the bank.

That marked the highest output for the two months since at least 2015.

The company has approached Mark Cutifani about becoming chair of the base metals business

PT Trimegah Bangun Persada IPO would be Southeast Asia's biggest IPO so far this year.

Newcrest rebuffed Newmont’s initial $17 billion takeover bid in mid-February,

Burgundy Diamond Mines is buying Arctic Canadian, owner of the Ekati mine, to become one of the world’s biggest diamond operations.