South32 boosts Brazil green aluminum supply with bauxite mine buy
Australia’s South32 (LSE: S32; ASX: S32) is on track to double its green aluminum production in Brazil by early 2023 with the acquisition of an 18.2% stake in the Mineração…
Alcoa Inc
US markets fall during Apr. 4-8 trading week
The Dow Jones Industrial Average fell 200.76 points or 0.57% to 34,721.12 and the S&P 500 fell 94.36 points or 2.1% over the week to 4,488.28. Shares of Gatos…
US markets rise, Jan. 31-Feb. 7: Arch Coal, Peabody Energy, Alcoa; Lithium Americas
The Dow Jones Industrial Average rose 3.0% to 29,102.51 and the S&P 500 advanced 3.17% to 3,327.71. Spot gold fell US$18.50 per oz. to finish the trading week at US$1,570.00…
US markets down, Sept. 16-20: AngloGold, Peabody, Alcoa
The Dow Jones Industrial Average fell 1.05% to 26,935.07, and the S&P 500 Index fell 0.51% to 2992.07. Spot gold gained US$28.80 per oz. to finish the trading week at…
Top 10 US-based miners
The Northern Miner presents the top-10, U.S.-based mining companies by market capitalization. 1. Newmont Goldcorp Market cap: US$31.8 billion Newmont Goldcorp (NYSE: NEM) is a leading gold and copper producer…
Rio Tinto’s Barrios calls Elysis biggest aluminum smelting breakthrough in 130 years
In May, Rio Tinto (NYSE: RIO) and Alcoa (NYSE: AA) unveiled what they call a “revolutionary” new aluminum smelting technology that eliminates carbon emissions and produces oxygen as a by-product,…
Editorial: Rusal sanctions sow market turmoil
The global aluminum markets have been in an uproar since April 6, when the U.S. government imposed tough sanctions on Russia’s oligarchs. Caught in the net are aluminum giant Rusal…
Wall Street gains, April 17–21
U.S. equities edged up, as the Trump administration confirmed that it would soon reveal a tax reform package to boost the economy. The Dow Jones Industrial Average advanced 0.5% to…
US stocks slip, Oct. 10-14
U.S. equities ended in the red overall, as investors focused on third-quarter earnings. The Dow Jones Industrial Average fell 0.6% to 18,138.38, while the S&P 500 Index lost nearly 1%…
US markets recoup post-Brexit losses, June 27-30
U.S. equities largely recovered from the turmoil after the Brexit vote, as diminished prospects of interest rate hikes in the U.S. drove gold and silver prices higher. For the trading…
Editorial: Rio Tinto bets heavily on aluminum with Alcan offer
There hasn’t been the slightest slowdown this summer in mergers-and-acquisitions activity, with the week ended July 14, the 28th trading week of 2007, punctuated by the largest takeover in global mini…
Alcoa Bids for Alcan
A meaty hostile offer has been tabled; now let the politics begin. On May 7, U.S. aluminum giant Alcoa (AA-N) unveiled a cash-and-share bid for Canada’s largest mining company, Alcan (AL-T, AL-N), in …