Mining Industry Market Reports

ALROSA has summed up the results of the international auction for the sale of special size large diamonds (weighing over 10.8 carats) held in Vladivostok from April 16 to April 27. The United Selling Organization (USO) of ALROSA sold 101 special size rough diamonds with the total weight of 1751.1 carats.…
ArcelorMittal announces that it has been granted merger clearance by the European Commission for AM Investco Italy Srl (AM Investco)’s proposed acquisition of Ilva S.p.A (Ilva). EC merger clearance follows the conclusion of the Commission’s Phase II investigation into the proposed acquisition of Ilva, and has been granted on the basis…
PJSC MMC Norilsk Nickel, the largest palladium and refined nickel producer in the world, announces today preliminary consolidated production results for the first quarter 2018. First Vice-President, Chief Operating Officer, Sergey Dyachenko commented on the 1Q18 production results: “As the main phase of our downstream reconfiguration program was completed last year…
Investors sold off copper on Wednesday as the US dollar strengthened and equity and bond market volatility spilled over onto commodity markets. Comex copper plunged more than 3% to a low of $3.085 a pound ($6,800 per tonne) in New York, an eight-week low. Volumes were particularly heavy,  with more…
Rio Tinto , the world’s No.2 mining company, showed investors Wednesday how well it has ridden the wave of higher commodity prices by announcing a record dividend on the back of a big surge in annual profit and its cost cutting drive.The company, which admitted is hunting for acquisitions, including…
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