Hochschild Mining's Silver Output Falls In 2Q

Precious metals company Hochschild Mining Plc reported a drop in its attributable production of silver equivalent for the second quarter, and said there was an inventory pile-up at its San Jose mine in Argentina due to regulatory changes.
More news
US Treasury Secretary Tim Geithner

Retrospective Tax Law: US Seeks Reassurance From India

US Treasury Secretary Timothy Geithner pressed India’s Finance Minister Pranab Mukherjee on Thursday for reassurance that New Delhi welcomes foreign capital and remains committed to boosting bilateral trade and investment, following concerns connected to India's newly proposed retrospective tax measures.
HSBC bank branch logo is seen in central London

HSBC Plans To Sell Yuan Bonds Listed In London

HSBC Holdings PLC is planning to sell yuan-denominated bonds listed on the London Stock Exchange, a move that will make the City the first place outside mainland China or Hong Kong to do business in the currency.
Coup leaders in Mali, captured from TV image, Thursday, March 22, 2012

Mali Coup Leaders Steer Clear Of Economic Upheaval

Although leaders of the military coup in Mali appear to be rounding up and jailing potential opponents among politicians and policymakers, they seem to be trying to minimize disruptions to the economy and daily life, leaving in place government ministers in charge of finance, trade and industries.
A man stands next to a globe displaying international stock market prices at the London Stock Exchange in the City of London

LSE Jumps More Than 8% On $614M LCH.Clearnet Deal

Shares of London Stock Exchange Group Plc (LON:LSE) soared more than 8 percent Friday morning, after the namesake bourse operator agreed to buy a majority stake in LCH.Clearnet, one of Europe’s largest clearing houses, for €463 million ($614.6 million).
IBTimes Logo

Polymetal Eyes Asian, European Acquisitions

Russian precious metals miner Polymetal is eyeing acquisitions in Kazakhstan, Armenia, Ukraine, the Russian Far East and Urals, chief executive Vitaly Nesis told Moscow's RBC Daily in an interview published on Thursday.
Detail seen at the NYSE Euronext cash markets operations room in Paris

NYSE Euronext Eyes New Sectors for Growth

NYSE Euronext signaled it would shift focus to faster-growing areas like supplying computer systems and information from trading, as the U.S. exchange looks to an independent future following the collapse of a takeover by Deutsche Boerse.
IBTimes Logo

Monti, Cameron Want EU to Push for Growth

Italy and Britain called on the European Union on Wednesday to promote steps to boost economic growth and not focus solely on austerity to bring down the debt levels that have thrown the single currency into crisis.
FTSE rises as China data lift miners, UK data eyed

Nord Gold to be Listed in London - Severstal

Russian steelmaker Severstal said on Monday that a planned London listing of its Nord Gold mining unit would proceed after investors representing 10.6 percent of the share capital in the business participated in a share swap.
Men walk past the London Metal Exchange (LME) in London

LME Finds 2 Potential Bidders among 15 Suitors

At least two serious potential bidders have emerged so far for the London Metal Exchange (LME) from 15 suitors who expressed interest in the world's biggest metals marketplace, a source with knowledge of the matter said on Wednesday.
IBTimes Logo

RSC Holdings Downgraded at Robert W. Baird

Robert W. Baird downgraded its rating on shares of RSC Holdings Inc. (NYSE: RRR) to neutral from outperform following United Rentals Inc.'s (NYSE: URI) intention to buy RSC Holdings for $18 per share.
IBTimes Logo

Higher Gold Output Cuts Mwana Africa 1st Half Loss

Mwana Africa reported a narrower first-half loss, driven mainly by a jump in production at its Freda Rebecca gold mine in Zimbabwe, and said it continued to be in talks with the government there about the issue of turning over a 51 percent stake to locals.
IBTimes Logo

Putin Delays Polyus Gold's LSE-Listing Plan

Gold miner Polyus Gold's plans for a premium listing on the London Stock Exchange have been delayed, after an investment committee chaired by prime minister Vladimir Putin said it would not consider approval for the move until 2012.
IBTimes Logo

Logica Downgraded at Jefferies

Jefferies downgraded its rating on shares of Logica Plc (London Stock Exchange: LOG) to underperform from hold and lowered its price target to 60 pence from 85 pence.


IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.