R/€ = 15.98 Change: -0.01
R/$ = 14.14 Change: -0.02
Au 1324.83 $/oz Change: 1.78
Pt 808.93 $/oz Change: 3.83


Mercuria to grow iron-ore business with major financing of US mine

By: Reuters     12th September 2018 Global commodities trader Mercuria Energy Group is expanding its iron ore business with a $650-million financing package for US producer Mesabi Metallics in exchange for a majority stake in the firm, Mercuria said in a statement on Wednesday. The Geneva-based firm said it had signed a memorandum... 

Vast extends completion date for Mercuria agreement

By: Megan van Wyngaardt     9th March 2018 Aim-listed copper and zinc miner Vast Resources said on Friday that, while it continued to make good progress with Mercuria Energy Group to finalise a $9.5-million prepayment offtake agreement for the construction of the metallurgical complex near the Manaila mine, and in restarting the mining... 

As global economy hums, Davos turns bullish on commodities

By: Bloomberg     27th January 2018 The last two editions of the World Economic Forum were somber affairs for oil industry chieftains and commodities tycoons. The consensus in Davos was that oil was going to stay low, OPEC would fail to lift prices, and the mining industry faced a difficult time. Roll forward to 2018 and there’s... 


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