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Copper Hits Record Above $11,000 on Bets That Shortage Looms - Vimarsana News

Copper Hits Record Above $11,000 on Bets That Shortage Looms

(Bloomberg) -- Copper surged to its highest-ever level, extending a powerful, months-long rally driven by financial investors who’ve piled into the market in anticipation of deepening supply shortages.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeChina’s Housing Rescue Too Small to End Crisis, Analysts SayEven If Alito Is Right, the Upside-Down Flag Was WrongRescuers Found No Signs of Life at Ira

Source: yahoo.com
First Quantum Bonds Rally as Miner Works to Free Up Cash - Vimarsana News

First Quantum Bonds Rally as Miner Works to Free Up Cash

(Bloomberg) -- First Quantum Minerals Ltd.’s dollar bonds have staged a rebound, recovering most of the losses they incurred amid a fallout with Panama over the company’s copper mine.Most Read from BloombergDonald Trump Loses London Case Against Ex-MI6 Spy Over Kremlin DossierA $560 Billion Property Warning Hits Banks From NY to TokyoApple’s China Slump Deepens Even as Total Sales Grow AgainMark Zuckerberg’s Wealth Surges by $27 Billion as Meta RalliesStock Bull Run Powers Ahead as US Economy Ro

Source: yahoo.com
Magnate forecasts shortage of copper - Vimarsana News

Magnate forecasts shortage of copper

Copper is poised to follow other commodities upended by recent price surges as the mining industry struggles to expand ahead of accelerating demand, warns the man behind some of the world's biggest mines.

Here's a Rundown of How Greensill Unraveled, the Key Players, and What Could Be Next - Vimarsana News

Here's a Rundown of How Greensill Unraveled, the Key Players, and What Could Be Next

Here’s a Rundown of How Greensill Unraveled, the Key Players, and What Could Be Next Lex Greensill’s business has unraveled at a blistering pace, leaving a tangled trail of destruction all around it. On Monday, Greensill Capital filed for administration in the UK, capping a stunning collapse for its founder. The bank that he owns in Germany has been shut down by regulators, the funds he ran in partnership with Credit Suisse are being liquidated and his firm is in the process of being broken up with its core perhaps sold to Apollo-backed Athene Holding Ltd. Greensill himself has lost his b...