Acacia Mining core profit slumps as Tanzanian troubles bite

A drop.

The world's largest diversified miners are sold off Monday as copper, iron ore and coking coal prices slide.

African Barrick Gold up 3.18%

Aurora Williams, Chile’s new mining minister, takes office on Tuesday.

The first contest in a series of many, kicks off on March 17.

But it expects to return to profitability by the end of the current fiscal year.

Shanghai copper, in turn, went down beyond its 5% daily limit on Monday, hitting its lowest in more than four years.

Calls the currency a Ponzi scheme.

Drop attributed to higher gold price, end of gas-for-gold deal with Iran.