Thursday, October 9, 2014

Glencore considered Australia listing: report

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Europe News Digest
Friday 10 October 2014
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The commodities trader and miner explored a stock-exchange listing Down Under.

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The firm mined 93,624 ounces of the yellow metal in the three months to end September and it also maintained its full-year production forecast of 420,000 ounces of gold.

The head of the iron ore division, Andrew Harding, defens Rio's own plans to ramp up ore production.

Cameco's Cigar Lake mine is set to become one of the world's biggest by 2018.

A proposal that the Swiss National Bank should hold a fifth of its assets in gold and be prohibited from selling the precious metal in the future would severely restrict its ability to conduct monetary policy, the WSJ reports.

Anglo's chief warned the company plans to take severe measures over the next two years.

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The iron ore miner warned Wednesday that its shares now had "little or no value."

The EU new plan changes how refiners label the carbon intensity of their fuel.

Preferring to "successfully execute" alone.

It's good to be Ivan Glasenberg's neighbour.

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