Rudolf Wolff
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Rudolf Wolff
Rudolf Wolff & Co. was founded in London in 1866 as a metal merchant. In 1877, Rudolf Wolff was amongst the group of merchants who formed the London Metal Exchange. Over the years Rudolf Wolff & Co became one of the leading brokers and Ring dealing member of the London Metal Exchange and members of the Company have played a very active role in the organization and running of the Exchange. In 1982, Rudolf Wolff & Co. Ltd. became a wholly owned subsidiary of Noranda. In the 1990s Rudolf Wolff dealt in a range of over 150 commodity futures and options, covering metals, agricultural commodities, energy, currencies, financial instruments and stock indices, trading on more than 20 international exchanges. In 2000, Noranda decided to close Rudolf Wolff & Co. and assets from the company were brought by Metallgesellschaft. Continuation of name Rudolf Wolff Limited is now a specialist London based fund management firm under the helm of Howard Colvin and authorised and regulated by the F ...
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London
London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Romans as '' Londinium'' and retains its medieval boundaries.See also: Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national government and parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London, governed by the Greater London Authority.The Greater London Authority consists of the Mayor of London and the London Assembly. The London Mayor is distinguished fr ...
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London Metal Exchange
The London Metal Exchange (LME) is a futures and forwards exchange with the world's largest market in standarised forward contracts, futures contracts and options on base metals. The exchange also offers contracts on ferrous metals and precious metals. The company also allows for cash trading. It offers hedging, worldwide reference pricing, and the option of physical delivery to settle contracts. Overview Ring trading Trading Times are 11:40 to 17:00 GMT. The LME is the last exchange in Europe where open-outcry trading takes place.BBC Radio 4 ''Today'', broadcast 25 October 2011. The ring was temporarily closed in March 2020 due to the COVID-19 pandemic. In January 2021, LME proposed closing the ring, Europe’s last open-outcry trading floor, and moving permanently to an electronic system. In addition to the 9 companies that have exclusive rights to trade in the Ring, around 100 companies are involved in the LME in total. Precious metals The LME used, however, to provide t ...
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The Daily Telegraph
''The Daily Telegraph'', known online and elsewhere as ''The Telegraph'', is a national British daily broadsheet newspaper published in London by Telegraph Media Group and distributed across the United Kingdom and internationally. It was founded by Arthur B. Sleigh in 1855 as ''The Daily Telegraph & Courier''. Considered a newspaper of record over ''The Times'' in the UK in the years up to 1997, ''The Telegraph'' generally has a reputation for high-quality journalism, and has been described as being "one of the world's great titles". The paper's motto, "Was, is, and will be", appears in the editorial pages and has featured in every edition of the newspaper since 19 April 1858. The paper had a circulation of 363,183 in December 2018, descending further until it withdrew from newspaper circulation audits in 2019, having declined almost 80%, from 1.4 million in 1980.United Newspapers PLC and Fleet Holdings PLC', Monopolies and Mergers Commission (1985), pp. 5–16. Its si ...
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Noranda (mining Company)
Noranda Inc. was a mining and metallurgy company originally from Rouyn-Noranda, Quebec, Canada. It was listed on the TSX under the symbol NRD.LV. After eventually acquiring a large interest in rival mining company Falconbridge, it merged with that company in 2005. The combined company continued under the name Falconbridge Limited, ending the Noranda name. Only one year later in 2006 Falconbridge was acquired by the Swiss-based mining company Xstrata. On 2 May 2013 ownership of Xstrata was fully acquired by mining behemoth Glencore. History and operations Noranda was incorporated in 1922 as Noranda Mines under the leadership of James Y. Murdoch to exploit the Horne deposit, discovered by Edmond Henry Horne on mineral claims he staked in 1920. Extraction of copper began on 17 December 1927. Although extraction was originally predicted to last for only three years, additional reserves (the gigantic "Giant H Orebody") were quickly discovered; the mine would form the backbone of Nor ...
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Metallgesellschaft
Metallgesellschaft AG was formerly one of Germany's largest industrial conglomerates based in Frankfurt. It had over 20,000 employees and revenues in excess of 10 billion US dollars. It had over 250 subsidiaries specializing in mining, specialty chemicals (Chemetall), commodity trading, financial services, and engineering (Lurgi AG, Lurgi). Henry Merton & Company, Ltd was previously a branch of the Metallgesellschaft. History Metallgesellschaft AG was incorporated in Frankfurt am Main in 1881 by Wilhelm Ralph Merton, his father Ralph Merton, and Leo Ellinger. Merton was responsible for business strategy, Ellinger for operations, and a cousin of Merton, Zachary Hochschild, for marketing and international activities. Their main competition were the two other large metal trading companies of Germany: ''Aron Hirsch & Sohn'' in Halberstadt, and ''Beer, Sondheimer & Co'' in Frankfurt am Main. Although Metallgesellschaft was a joint stock company, it was operated like a family business ...
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Metal Bulletin PLC
Fastmarkets MB, previously known as Metal Bulletin, is a specialist international publisher and information provider for the global steel, non-ferrous and scrap metals markets. History What was later known as ''Metal Bulletin'' was started in 1913 as ''Quin’s Metal Market Letters'', a subscription newsletter, transitioning to ''Metal Bulletin'' journal two years later. The publication provided price and other information for the steel and non-ferrous metals markets and was published twice a week. In 1967 the company introduced a spin-off publication, ''Industrial Minerals'', which covered non-metallic minerals industry. In 2001 Metal Bulletin bought ''American Metal Market''. Metal Bulletin PLC was in turn bought in 2006 by Euromoney Institutional Investor PLC, owned by Daily Mail and General Trust for 221 million British Pounds (408 million dollars). Products and services Metals covered include carbon steel, stainless and special steel, scrap and secondary, ores and alloys, ...
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