GOLD 1216.40 $/ozChange: -0.63
PLATINUM 1339.00 $/ozChange: 4.00
R/$ exchange 11.08Change: 0.00
R/€ exchange 14.20Change: 0.11
We have detected that the browser you are using is no longer supported. As a result, some content may not display correctly.
We suggest that you upgrade to the latest version of any of the following browsers:
close notification
powered by
Advanced Search
Most Popular Articles - Americas
S&P launches global base metals index
Embed Code Close
25th June 2009
Text Smaller Disabled Text Bigger

TORONTO ( – Index compiler Standard & Poor's (S&P) on Thursday launched its new S&P/TSX Global Base Metals Index, which aims to provide investors with an investable index of global securities involved in the production or extraction of base metals.

The new index is a subset of the existing S&P/TSX Global Mining Index, which provides investors with a broadly representative benchmark for global mining portfolios.

Eligible securities for the S&P/TSX Global Base Metals Index are classified under diversified metals and mining or aluminum.

The S&P/TSX Global Base Metals Index includes companies that mine industrial metals like aluminum, zinc, copper and nickel.

To be included in the index, a security’s float-adjusted market capitalisation must be at least $300-million, and it must meet certain liquidity requirements.

The top ten companies by weight included in the index are: Rio Tinto, Anglo American, Freeport McMoRan Copper & Gold, Vale, BHP Billiton (both Ltd and plc), Teck Resources, Alcoa, Southern Copper Corp and Aluminum Corp of China.

“The index complements the existing S&P/TSX resource based indices which includes the S&P/TSX Global Gold Index and the S&P/TSX Global Mining Index,” S&P said in a statement.

Edited by: Liezel Hill


To subscribe to Mining Weekly's print magazine email or buy now.

FULL Access to Mining Weekly and Engineering News - Subscribe Now!
Subscribe Now Login