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Some preliminary numbers on how much production and how long Freeport-McMoRan's world class Grasberg copper-gold mine will be shut down are trickling out.
The exchange had warned of hefty increases after years of operating as a member-owned market that kept a lid on trading fees.
The contract for the construction of a sulphide concentrator, the project's most costly item, has been awarded to Non Ferrous China.
Alto Capital research forecasts an average nickel price of US$20,000 per tonne for Australian nickel producers in 2015.
Shareholders in London would otherwise have been left out from BHP's plans to spin higher cost, less core mines into new listing.
Base metals get some support after China's PMI, as forecast by HSBC in its flash update, were better than expected.
Axiom says it can now start exploring the Isabel nickel deposit in Solomon Islands.
KCM last week lost a court application to stop Copperbelt, one of the biggest power suppliers to mines in Zambia, from cutting its electricity over disputed bills, Reuters reports.
Newmont now says it will produce more copper with ops in Indonesia back to shipping concentrate.
Meantime, Kazakhmys, grappling with falling copper grades and rising costs, is spinning off some loss-making and more labour-intensive assets.
The first new hardrock mine to open in northern Michigan’s Copper County in decades has finally commenced production.
Zinc prices are forecast by many analyst to respond to a supply deficit.
Feasibility studies have been completed and the Abu Dhabi refinery will be operational by the end of 2017.
The global copper market is expected to be in a surplus of around 285,000 tonnes, next year.
The updated Oyu Tolgoi feasibility study “implies solid economic & improving government relations”, observes J.P. Morgan Cazenove.
Australians believe mining plays an important role in the prosperity of the nation, but much needs to be done to bolster the industry’s acceptance, trust and support - CSIRO
The 137-year-old exchange set out to build its own clearing house 3 years ago to take over from LCH.Clearnet.
A strike at one of the world's most important copper mines began today.
Copper generates 20% of government revenue and 60% of all Chilean exports.
Sonora state regulators are now threatening to permanently close Grupo Mexico’s Buenavista operation.
The cost of making a penny is down to about 1.6 cents this year, from 2.4 cents in 2011.
One analyst suggests the strike impact will be minimal. But if prolonged, the action could hurt.
'The property market in particular is a real risk for copper, because you haven’t actually seen that have a negative impact on copper yet,' one analyst warns.
LME stocks of tin have fallen sharply in recent weeks so watch the metal's price closely.
People with knowledge of the matter say Hindalco has postponed the share sale on uncertainty about access to cheap raw materials.
Recalling 2011, unionized workers at Escondida, the world's largest copper mine, have proven willing to take a long walk.
The Sindicato No. 1 union says it will call on its 2,800 members to stage two 24-hour strikes at the mine next week.
Any fall in tin exports from Indonesia could potentially be positive for London benchmark prices, which hit a 13-month low last week.
China’s Shandong Xinfa is in talks with Guinea to invest $14 billion in the bauxite concession north of Conakry.
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