Finance & Economy

Brazil Demands $44 Billion From BHP and Vale Over Samarco Disaster

In a blatant case of posturing ahead of inevitable compensation negotiations, lawyers —acting on behalf of Brazil’s public prosecutors — are said to have lodged claims totaling $44 billion ($155 billion Brazilian Reais) against mining companies Vale SA and ...

Friday, May 13, 2016

LME and LME Clear Boards Appoint New Independent Director

The Boards of the London Metal Exchange (LME) and LME Clear are pleased to announce the appointment of Antony Stuart as an independent non-executive director.

Wednesday, May 4, 2016

China’s Latest Trade Data is Much Worse than Anyone Expected

China’s trade data released today (Feb. 15) shows the country’s economic slowdown may be even steeper than feared.

Monday, February 15, 2016

China's GDP Growth Slows in Q3

BEIJING, Oct. 19 (Xinhua) -- China's economy posted a 6.9-percent growth year on year in the third quarter of 2015, lower than 7 percent in the first half of the year, the National Bureau of Statistics (NBS) announced on Monday.

Thursday, October 29, 2015

IMF: China's growth outlook good, despite headwinds

China's economy faces strong external headwinds, even though its contribution to world's growth this year is likely to exceed that of the United States, the country's vice-finance minister said.

Monday, October 19, 2015

BHP Billiton Paid $7.3b in Taxes in 2015

BHP Billiton yesterday released a new Economic contribution and payments to governments Report as part of its long-standing commitment to transparency and voluntary disclosure.

Thursday, September 24, 2015

Glencore in R2.5bn Equity Raising, $10bn Capital Preservation, Debt Cutting

Global commodities mining and marketing company Glencore on Monday announced a fully committed proposed equity capital raising of up to $2.5-billion alongside additional $10.2-billion capital preservation and debt reduction measures, portfolio optimization and...

Tuesday, September 8, 2015

EY’s Mining Eye Index Climbs First Time in a Year

Professional services firm EY’s Canadian Mining Eye index has gained 4% during the three months ended June, recording a gain for the first time since the second quarter of 2014, compared with a 1% decline in the first quarter

Tuesday, August 25, 2015
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