Category Archives: People, companies & exchanges

News about metals people/companies on the move and about the markets themselves.

Freeport in ‘at-will’ pay deal with CEO, grants $36 mln in stock

Posted on December 23, 2013 by jvbmetals | Comments Off on Freeport in ‘at-will’ pay deal with CEO, grants $36 mln in stock

Chinese broker applies to trade on LME floor

Posted on December 23, 2013 by jvbmetals | Comments Off on Chinese broker applies to trade on LME floor

Commodity People Moves – December 2013

Posted on December 23, 2013 by jvbmetals | Comments Off on Commodity People Moves – December 2013

Tougher times ahead for smaller commodity exchanges

Posted on December 23, 2013 by jvbmetals | Comments Off on Tougher times ahead for smaller commodity exchanges

Italian court reverses seizure of Riva steel assets

Posted on December 23, 2013 by jvbmetals | Comments Off on Italian court reverses seizure of Riva steel assets

Southwire buys Coleman Cable for $492 mln

Posted on December 23, 2013 by jvbmetals | Comments Off on Southwire buys rival Coleman Cable for $492 mln

High-speed trader Infinium Capital reduces portfolio -president

Posted on December 23, 2013 by jvbmetals | Comments Off on High-speed trader Infinium Capital reduces portfolio -president

ADM to pay $50m to settle bribery charges

Posted on December 20, 2013 by jvbmetals | Comments Off on ADM to pay $50m to settle bribery charges

MILLING ABOUT: Joel Spier leaves LME broker Jefferies

Posted on December 20, 2013 by jvbmetals | Comments Off on MILLING ABOUT: Joel Spier leaves LME broker Jefferies

Gripes over JPMorgan’s commodities sale

Posted on December 20, 2013 by jvbmetals | Comments Off on Gripes over JPMorgan’s commodities sale

China’s Bohai exchange to launch rubber, iron ore trading in yuan

Posted on December 18, 2013 by jvbmetals | Comments Off on China’s Bohai exchange to launch rubber, iron ore trading in yuan

Glencore’s former No. 2 aluminum trader sets up new shop

Posted on December 18, 2013 by jvbmetals | Comments Off on Glencore’s former No. 2 aluminum trader sets up new shop

Goldman names new global commodities, metals chiefs- sources

Posted on December 18, 2013 by jvbmetals | Comments Off on Goldman names new global commodities, metals chiefs- sources

London Metal Exchange: HKEx and LME announce formation of LME Clear Board.

Posted on December 17, 2013 by jvbmetals | Comments Off on London Metal Exchange: HKEx and LME announce formation of LME Clear Board

Augusta Closes Red Kite Loan Facility Increase.

Posted on December 17, 2013 by jvbmetals | Comments Off on Augusta Closes Red Kite Loan Facility Increase

Singapore Exchange plans steel derivatives launch, to take on China rebar

Posted on December 17, 2013 by jvbmetals | Comments Off on Singapore Exchange plans steel derivatives launch, to take on China rebar

Oil trader Vitol applies for London Metal Exchange membership

Posted on December 17, 2013 by jvbmetals | Comments Off on Oil trader Vitol applies for LME membership

Goldman Sachs Aluminum Antitrust Suits Shipped to NYC

Posted on December 17, 2013 by jvbmetals | Comments Off on Goldman Sachs Aluminum Antitrust Suits Shipped to NYC

JP Morgan to ban staff from instant messaging

Posted on December 17, 2013 by jvbmetals

http://www.bobsguide.com/guide/news/2013/Dec/16/jp-morgan-to-ban-staff-from-instant-messaging.html

Posted in People, companies & exchanges | Comments Off on JP Morgan to ban staff from instant messaging

Deutsche Bank under scrutiny in gold price-fixing probe

Posted on December 16, 2013 by jvbmetals | Comments Off on Deutsche Bank under scrutiny in gold price-fixing probe

Wells Fargo looks to build London commodities desk.

Posted on December 13, 2013 by jvbmetals | Comments Off on Wells Fargo looks to build London commodities desk

KW Metals to pay $15.8M for Keywell

Posted on December 13, 2013 by jvbmetals | Comments Off on KW Metals to pay $15.8M for Keywell

Hebei Iron and Steel managers resign

Posted on December 12, 2013 by jvbmetals | Comments Off on Hebei Iron and Steel managers resign

Asarco adds jobs with mill expansion.

Posted on December 12, 2013 by jvbmetals | Comments Off on Asarco adds jobs with mill expansion

Goldman Sachs Group Inc : Shanghai-Based Warehouse Developer Gets $120 Million Loan

Posted on December 12, 2013 by jvbmetals | Comments Off on Goldman Sachs Group Inc : Shanghai-Based Warehouse Developer Gets $120 Million Loan

Mercator Minerals and Intergeo Combine to Create a New Copper-Focused Base Metals Company.

Posted on December 12, 2013 by jvbmetals | Comments Off on Mercator Minerals and Intergeo Combine to Create a New Copper-Focused Base Metals Company

LME updates systems to support EMIR requirements

Posted on December 11, 2013 by jvbmetals | Comments Off on LME updates systems to support EMIR requirements

Bekaert expands in Central America and grows its Ropes platform

Posted on December 10, 2013 by jvbmetals | Comments Off on Bekaert expands in Central America and grows its Ropes platform

Kazakhmys sells assets to strengthen balance sheet and re-focus

Posted on December 9, 2013 by jvbmetals | Comments Off on Kazakhmys sells assets to strengthen balance sheet and re-focus

ArcelorMittal SA CEO Nyembezi-Heita to step down next year

Posted on December 9, 2013 by jvbmetals | Comments Off on ArcelorMittal SA CEO Nyembezi-Heita to step down next year

Hudbay bulks up for three growth projects.

Posted on December 9, 2013 by jvbmetals | Comments Off on Hudbay bulks up for three growth projects

ABN Amro to Add Commodity Staff in Asia as Demand Increases

Posted on December 9, 2013 by jvbmetals | Comments Off on ABN Amro to Add Commodity Staff in Asia as Demand Increases

Deripaska Accused Of Fraud In Kaluga

Posted on December 9, 2013 by jvbmetals | Comments Off on Deripaska Accused Of Fraud In Kaluga

COLUMN-Commodity traders face consolidation: Kemp

Posted on December 9, 2013 by jvbmetals | Comments Off on COLUMN-Commodity traders face consolidation: Kemp

Deutsche Bank to Shrink in Commodities as Revenue Slides

Posted on December 6, 2013 by jvbmetals | Comments Off on Deutsche Bank to Shrink in Commodities as Revenue Slides

LME’s bared teeth warn warehouses off steep rent rises

Posted on December 6, 2013 by jvbmetals | Comments Off on LME’s bared teeth warn warehouses off steep rent rises

Deutsche Bank quits commodities, but keeps index funds

Posted on December 6, 2013 by jvbmetals | Comments Off on Deutsche Bank quits commodities, but keeps index funds

LME wants aluminum warehousing suits heard in New York

Posted on December 6, 2013 by jvbmetals | Comments Off on LME wants aluminum warehousing suits heard in New York

Shanghai FTZ may get international board to lure yuan for gold

Posted on December 6, 2013 by jvbmetals | Comments Off on Shanghai FTZ may get international board to lure yuan for gold

INTERVIEW-CME eyes Q1 2014 for delayed launch of London exchange

Posted on December 5, 2013 by jvbmetals | Comments Off on INTERVIEW-CME eyes Q1 2014 for delayed launch of London exchange