Nornickel sees $500m hit from new export duties – RIA

The world's largest miner has stepped up its cost-cutting plans as it battles a sharp slide in iron ore, coal and oil prices.

The two-year investigation concluded that Goldman Sachs, Morgan Stanley and JP Morgan have been manipulating commodity prices.

More may really be better for end users and mining companies when it comes to graphite.

The news comes barely a day after the miner announced it was scrapping the sale of its Nickel West division.

The world’s largest miner is only two weeks away from shedding more light on an upcoming spin-off of unwanted assets.

The move is seen by analysts as an attempt to strengthen the firm’s image.

Total worldwide budget for nonferrous metals exploration dropped to US$11.36 billion in 2014 from US$15.19 billion in 2013 — a 25% decrease.

The LME says its electronic solution for the platinum and palladium price — LMEbullion — could benefit gold bugs.

The mining giant has made a sharp U-turn on its initial decision to snub a London listing for its $17 billion spinoff.