The MSC Fabiola, with a carrying capacity of 11,000 containers, docked last week in the Port of Long Beach, one of a few shipping facilities in the U.S. that can handle the enormous new vessels.
Commodity giant Glencore International PLC has reached a $6.1-billion deal to buy Canada’s grain handler and agricultural retailer Viterra Inc., and announced plans to sell most of its Canadian assets to Agrium Inc. and Richardson International Ltd.
African diamond mining and exploration company DiamondCorp Plc., has received validation for its development plan at its Lace mine in South Africa, from SRK Consulting, an independent local consultant.
Anglo-Australian mining giant Rio Tinto (ASX, LSE & NYSE: RIO) has voluntarily published its "Taxes paid report," outlining the US$10.2 billion it has paid in tax globally this financial year.
China Molybdenum Co. (HKG:3993), the country’s largest producer of the element by output, plans to launch an initial public offering in Shanghai, which may raise around 3.65 billion yuan (US$579 million), to fund its new alloy project and boost output, according to a statement to the China Securities Regulatory Commission (CSRC).
The company proposing to build a huge iron ore mine in northern Wisconsin has taken steps to withdraw from the project, the Duluth News Tribune reported on Monday night.