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Death toll rises to 28 at Freeport Indonesia tunnel collapse

Wednesday , 22 May 2013
Freeport McMoRan Copper & Gold said Wednesday that 28 people have been pronounced dead after a tunnel collapsed last week at a training tunnel close to its Grasberg mine collapsed.

Indian cable makers face tight spot after copper smelter closures

Wednesday , 22 May 2013
India's copper cable makers a facing potential manufacturing delays as the closure of the country's two biggest copper smelters pushed up prices and metal shortages

HudBay/Thompson Creek combo would be earnings monster--Ecclestone

Wednesday , 22 May 2013
If a HudBay/Thompson Creek combine was achieved the entity would have a significant option on the future of the moly price, contends Hallgarten analyst Christopher Ecclestone.

Freeport Grasberg death toll now 21 – expected to rise further

Tuesday , 21 May 2013
The Grasberg copper/gold mine tunnel collapse has now claimed the lives of 21 workers, and little hope remains for the seven employees still trapped underground.

Metals prices to continue to drop this year - S&P

Tuesday , 21 May 2013
In a commentary on Latin American mining prospects, Standard & Poor’s predicts a continued price drop for the major metals mined including copper and iron ore.

ENRC details founders' $2.3bn cash-and-share bid plan

Monday , 20 May 2013
ENRC’s trio of founders said last month they were weighing up a buyout of the miner's minority investors and had the support of the Kazakh government.

Bolivia's top tin mine hit by worker strike

Monday , 20 May 2013
Miners at state-run Huanuni tin mine have cost the mine $5 million in lost output since they walked off the job on May 6, the government said on Friday.

14 still missing, feared dead in Freeport Indonesia’s Big Gossan catastrophe

Monday , 20 May 2013
The death toll in the collapse of an underground training tunnel at Freeport Indonesia’s Big Gossan mine in Papua Indonesia has now risen to 14.

Death toll rises to 5 in Freeport Indonesia tunnel collapse, dozens still trapped

Friday , 17 May 2013
Rescuers have been working around the clock for two days to rescue and recover Freeport Indonesia employees and contract workers trapped in a classroom after a mine tunnel collapse.

Vedanta sends Dubai copper to India after Sterlite closure

Thursday , 16 May 2013
Vedanta is exporting 4,000 t of refined copper a month from Dubai to customers of India's Sterlite Industries, whose smelter was closed on March 30.

Norilsk Nickel halts Arctic shipments due to flooding

Thursday , 16 May 2013
The Russian miner has suspended shipments from the Arctic port of Dudinka, its main export outlet, due to seasonal flooding.

China nickel-pig-iron producers cut costs amid weak demand

Thursday , 16 May 2013
Producers are racing to upgrade their facilities as reduced demand from stainless steel mills and weaker nickel prices drive them to cut costs.

Freeport suspends Indonesia mine after tunnel collapse

Thursday , 16 May 2013
39 workers were attending an underground training class near the Grasberg mine when a tunnel collapsed on them early on Tuesday morning.

Antofagasta Q1 profit hit by lower copper price

Thursday , 16 May 2013
The Chilean miner says the realised price for its copper in the quarter dropped to 341.1 cents per pound from 429.6 cents per pound in the first quarter of 2012.

Large pipe flowmeter installed at Cuajone copper mine

Wednesday , 15 May 2013
In an area where water is scarce, precise measurement of water flows is particularly important and CIDRA Mineral Processing has successfully installed a measurement system on a 1.22m diameter pipeline at the Cuajone copper mine in Southern Peru

Spot Gold USD/oz	1,360.50	-1.18%
Spot Silver USD/oz	22.23	-1.08%
Spot Platinum USD/oz	1,457.50	-0.17%
Spot Palladium USD/oz	744.30	+0.01%
LME Copper USD/t	7,384	+1.48%
LME Aluminium USD/t	1,835	+1.33%
LME Nickel USD/t	15,035	+1.25%
LME Lead USD/t	2,002	-0.05%