India’s gold imports seen falling as record price prompts jewellery swaps

Proceeds from the offering, as OceanaGold had disclosed, will be applied towards debt repayment.

Iron ore shipments from top suppliers Australia and Brazil tumbled by 28.8% week-on-week.

Goldman Sachs also said it did not expect an immediate supply shock.

CME Group has suspended from its platform aluminium produced in Russia from April 13

Record prices pushing toward $2,500 an ounce are proving hard to resist.

The London Metal Exchange (LME) on Saturday banned from its system Russian metal produced on or after April 13.

A UK official said London expected any market disruption to stabilize quickly.

An index of deals compiled by CRU shows the discount for copper ore – known as treatment and refining charges – has fallen to a record low in data going back to 1989.

Beyond politics, the takeover must still pass a review by the Committee on Foreign Investment in the United States.