Democratic Republic of Congo’s state-owned mining company, Gécamines, has submitted a bid for Chemaf Resources Ltd.’s permits in the country, a few months after announcing its intention to block a previous agreement to sell the copper and cobalt company to a Chinese investor. Chemaf, backed by the Trafigura group, spent nine months searching for a […]
Freeport-McMoRan (NYSE: FCX) shares have fallen 12% so far in 2020. But wait, Barrick Gold (NYSE: GOLD), the stock of the same company, has risen 45% so far in 2020. If we compare the stock price trends of these mining giants over the past few years, we can see that FCX’s stock price has fallen 37%, from $19 at the
Barrick Gold is doing better than Freeport-McMoRan Copper & Gold Read More »
One week before the start of Mining Indaba 2017 in Cape Town, our editorial team had asked the organizers to facilitate interviews with some captains of banks, global financial organizations and multinational mining companies. Rawbank was on our shortlist because of its growing importance in the mining sector of the Democratic Republic of Congo. It
Michel Notebaert, Director of Rawbank: “The customer is at the heart of our concerns.” Read More »
Chris Dodd and Barney Frank to the right of Barack Obama, on the day the Dodd-Frank Act was signed, July 21, 2010 The US authority in charge of regulating derivatives, the Commodity Futures Trading Commission (CFTC), approved a new proposal on November 5 to limit speculative trading in these products. Passed by a vote of
The United States is taking new anti-speculation measures on raw materials Read More »
