Basic Materials


UPDATE 2-Kinross mulls more job cuts at Mauritania mine to reduce costs

July 29 - Kinross Gold Corp is again considering cutting jobs at its Tasiast gold mine in Mauritania, Chief Executive Officer Paul Rollinson said on Wednesday, as the Canadian miner looks for ways to reduce costs at its higher-cost mines amid sliding metals prices.

29 Jul 2015

UPDATE 1-Brazilian police probe nuclear submarine program -Folha

SAO PAULO, July 29 - Brazilian federal police are investigating potential irregularities in a military program that aims to build a nuclear-powered submarine in partnership with France by 2023, newspaper Folha de S. Paulo reported on Wednesday.

29 Jul 2015

Vilmorin would consider Syngenta seed assets bid

PARIS, July 29 - French seeds group Vilmorin would consider taking over part of Syngenta's seed activities if these were put up for sale as part of the proposed takeover by U.S. rival Monsanto, the company said on Wednesday.

29 Jul 2015

HeidelbergCement emerges from Hanson shadow to reenter M&A arena

FRANKFURT, July 29 - Germany's HeidelbergCement has re-emerged as a global M&A player with the 6.7 billion-euro ($7.4 billion) takeover of Italcementi, after spending the best part of a decade repairing the damage from its last major acquisition.

29 Jul 2015

Metallon's gold output falls short in further setback for Zimbabwe mining sector

HARARE, July 29 - Metallon Corp, the biggest gold producer in Zimbabwe, said it missed its first-half output target by 19 percent due to equipment breakdowns, in another setback for the country's mining sector, which has been hit by slumping commodities prices.

29 Jul 2015
Basic Materials
BHP Billiton PLC 1,168.00p +2.14%
Rio Tinto PLC 2,454.00p +2.00%
Mondi PLC 1,543.00p +1.85%


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