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52 weeks USD/lb
Low 1.04 | High 1.4
Last Close: Aug 31, 2024

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Latest Stories

Friedland company may be out of step with copper project sale

Ivanhoe Australia Ltd (ASX & TSX: IVA), controlled by North American-based Ivanhoe Mines, today put out what it quaintly described as a clarification of its position on Exco Resources Ltd (ASX: EXS) selling the Cloncurry copper project to Xstrata Copper. Ivanhoe, which is Exco's major shareholder made it clear it was not supporting the sale, pointing out that the company's chief executive Peter Reeve, as a director of Exco, excused himself from the deliberation of this transaction.

Indonesian investment agency to buy 7% of Newmont Indonesia

The Indonesian government said on Sunday that state investment agency Pusat Investasi Pemerintah (PIP) would buy a 7 percent stake in Newmont Mining Corp's Indonesian unit, paving the way for an initial public offering for the unit in coming months.