Organizers of Investing in Asian Mining Indaba said Wednesday that the World Bank and its International Finance Corp. development unit along with the diversified multinational Earthstone Group have been line up as sponsors.
Financial information provider SNL Financial, Charlottesville, Va., has moved into the metals and mining sector by acquiring Metals Economics Group, Halifax, Nova Scotia. The acquisition makes metals and mining the fifth vertical market for SNL.
The transaction is contingent upon a vote of LME shareholders expected to take place in late July as well as court and regulatory approval in the United Kingdom by the Financial Services Authority, which regulates the LME as a recognized investment exchange.
Much lower supplies and lower volumes of autocatalyst recycling will move the platinum market from surplus to deficit in 2012, according to Johnson Matthey in a “Platinum 2012 Interim Review”, released today.
The almost 100 significant gold discoveries between 1997 and 2011 could potentially replace only 56% of the estimated gold mined during that same period, a study by Metals Economics Group, Halifax, Nova Scotia, has concluded.
Resources business intelligence provider IntierraRMG and mining investments events presenter Mining Indaba have announced a partnership which will present IntierraRMG’s Mining Insight seminars at the next two Mining Indaba events.
The combination will expand Molycorp’s technology portfolio to include production of magnetic powders, and rare metals including gallium, indium and rhenium, as well as zirconium oxide used in a wide variety of technologies,
The United States, European Union and Japan have filed requests with the World Trade Organization for formal consultants with China on unfair export restraints of rare earths, tungsten and molybdenum almost a year and a half after the launch of a US review of Chinese rare earths trade practices.
Shareholders of the London Metal Exchange voted in two venues on Wednesday to approve a £1,388 million ($2.15 billion) takeover bid by the Hong Kong Exchanges & Clearing Ltd., ending 10 months of debate on the sale of the exchange.