Epiroc profit lags forecasts, shares fall

Decision is in response to falling uranium prices, a local union leader said.

Results will be announced on October 30.

The LME expects three more clearing members to join its precious metals contracts by year-end.

Representatives from Elliott have in the last month met with major BHP investors based in London, South Africa and Australia to lay out the activist fund's arguments for an overhaul of the miner.

The company says that labour disruptions in South Africa and the confiscation of a parcel of diamonds by the Tanzanian government are to blame.

Gold prices finished higher last Friday and followed the upward trend on Monday, with December gold GCZ7, +0.67% rising to $1,283 an ounce.

Company will combine its salt and potash businesses to make savings and target customers more effectively.

A September proposal to replace the tax on high-end assets with just a real estate tax was met with public uproar.

Australia’s Department of Industry, Innovation and Science sees iron ore prices averaging $50 a tonne next year, and dropping to $49 a tonne in 2019.