Iron ore

SAM has made its trading debut a cent from its IPO price

The Southeast Asian initial public offering (IPO) market got off to a good start in the first quarter of this year. There were 31 deals, up 63% y-o-y, and with a total of US$3 billion ($4.2 billion) raised, a whopping 885% increase from 1Q2019.

Iron-ore producer Southern Alliance Mining (SAM) launched its Initial Public Offering (IPO) on the Catalist Board of the Singapore Exchange on Tuesday

SINGAPORE (Mar 25): UOB KayHian says upcoming market entrant Fortress Minerals (FMIL SP) is well positioned to ride on increasing demand from Chinese steel mills.

SINGAPORE (Dec 24): CNMC Goldmine Holdings says plans for a dual primary listing in Hong Kong has been rejected by the Mainboard of the Hong Kong Stock Exchange (HKSE).  

SINGAPORE (Dec 3): Singapore Exchange (SGX) today launched SGX MB Iron Ore CFR China swaps and futures to complement the bourse’s bellweather 62% Fe Brazilian derivatives.

(Nov 13): Call it the iron ore wars. Two of Asia’s financial heavyweights are going head-to-head as Hong Kong Exchanges & Clearing starts futures for a commodity that’s seen extraordinary volatility and been a popular way to bet on China, challenging

SINGAPORE (March 20): CNMC Goldmine Holdings is proposing to acquire a 100% stake in what would be its third mining asset in Malaysia, KelGold Mining, for RM2.5 million ($0.8 million) in cash.

SHANGHAI (Feb 14): Steelmakers aren’t out of the woods yet. A year-long resurgence risks cooling as a slowdown in China’s property market deepens, exposing bullish sentiment as overblown, according to a U.S.-based hedge fund manager and former Citigr

(Feb 8): Rio Tinto Group will pay a much higher dividend than expected and buy back US$500 million ($708.8 million) of shares after the world’s second-biggest mining company reported the first gain in annual profit since 2013.