LME to make improvements to electronic pricing during ring closure

The London Metal Exchange will make changes to its electronic system for closing prices to make it more efficient during the suspension of open outcry trading due to the pandemic.

Reuters | March 11, 2021 | 8:04 am

Glencore chairman Tony Hayward to step down by 2022

Announcement heralds a changing of the guard at the company, with long-serving chief executive Ivan Glasenberg due to step down in June.

Cecilia Jamasmie | March 11, 2021 | 6:42 am

Global mining cross border M&A deals worth $7.7bn in Q4 – report

The value marked an increase of 593.7% over the previous quarter.

MINING.com Editor | March 10, 2021 | 10:29 am

Trader buys $36m of copper and gets painted rocks instead

The saga unfolds like a gangland thriller, with the Swiss trading house saying it’s been the victim of cargo fraud.

Bloomberg News | March 10, 2021 | 9:58 am

Neo Performance eyes expansion of European rare earth processing plant

European officials expect the continent's demand for specialized minerals to jump as much as tenfold by 2050.

Reuters | March 10, 2021 | 8:02 am

More platinum deficits to come after record undersupply in 2020 – WPIC

By disrupting mining activity, the coronavirus pandemic affected platinum supply much more than demand, pushing the roughly 8-million ounce market into a deficit of 932,000 ounces last year.

Reuters | March 10, 2021 | 7:29 am