Nickel – France 24 reported that Patrick Buffet, chairman and CEO of Eramet SA (EPA:ERA), is blaming losses at Societe Le Nickel, the company's New Caledonia-based subsidiary, on a "violent crisis" that he says is gripping the nickel market.
Articles Tagged "France"
Uranium – Bloomberg reported that US Secretary of State John Kerry said that no nuclear deal with Iran has yet been made, noting that "there are some important gaps that have to be closed." Kerry, along with government members from France, Germany and the United Kingdom, is currently in Geneva to seek an accord over Iran's recent nuclear activities.
Diamond – The Globe and Mail reported that 31 people across France, Switzerland and Belgium have been detained as part of the police investigation into the $50-million diamond heist that took place at the Brussels airport in February. Further, police believe that diamonds recently uncovered in Switzerland were part of the stolen cache.
Uranium – Uranium spot prices may be stuck in a slump post-Fukushima, but the nuclear power industry is showing signs of recovery.
Uranium – Major companies like AREVA and Cameco understand how important it is to mitigate risks such as fighting in Mali and Nigerian resource nationalism by geographically diversifying their assets.
Uranium – Germany's views on the nuclear renaissance may have flipped, but nations like China, France, Argentina, Bangladesh and even oil-rich Saudi Arabia are staying the course.
Oil – Major oil companies including ExxonMobil and Rosneft are set by mid-2013, after almost a year of effort, to retrieve $250 million of oil held by a French pipeline company that they stopped using in favour of less expensive routes.
Uranium – Reuters reported Areva (EPA:AREVA) has signed contracts to supply more than 30,000 tonnes of natural uranium to power group EDF (EPA:EDF) from 2014 to 2035
Oil – Reuters reported that the International Energy Agency may intervene in the oil market by calling for a release of emergency oil reserves.
Europe's woes are weighing down on the global economy and that’s spilling into the commodities markets.