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Wardell Armstrong International has been commissioned by Global Cobalt to do a resource assessment on the Karakul cobalt project in south-central Russia.
Equivalent refined platinum output fell 39%, largely due to the prolonged strike affecting some of its South African operations.
State-owned Gecamines plans to boost copper output 46% this year while still seeking funding for new projects.
The mini-futures for the three base metals will be based on settlement prices of the futures on the London Metal Exchange.
Teck Resources’ cost-savings goal to achieve a 5% reduction in its workforce means 600 positions will be eliminated.
Dr. Copper may be in a supercycle, but there are serious problems. Raymond Goldie explains that the base metal acts pathologically and has a bad case of seasonal affective disorder. Gold Report interview.
The top names in global mining, gathered in Chile last week, publicly shrugged off concerns that copper financing deals in China could unravel.
Nickel has advanced 30% this year, the best performer among the six main metals traded on the London Metal Exchange.
BHP Billiton posts record production figures and one analysts comment they were 'very good' especially as regards iron ore and met coal.
The company’s board approved the Koksay acquisition in February when it also unveiled its plan to sell off less-profitable mines.
Australian private company QCG Resources has agreed to buy the long-idle Avebury nickel mine in Tasmania from MMG Ltd for A$40 million.
The B.C. Securities Commission will decide whether to strike down Augusta’s 2013 shareholder rights plan adopted after HudBay increased its stake in the junior company’s Rosemont copper project.
“A warming economy steadies metals firms while a cold winter helps some coal miners,” say Standard & Poor’s analysts.
Perhaps giving them some attention would be a better idea than hiving them off at a time when commodity assets are going cheap, says Clyde Russell.
Some analysts suggest the sale of Las Bambas by Glencore Xstrata to Chinese consortium is encouraging for global copper mining.
Copper is down about 9.8 percent, the biggest drop among the main six materials on the London Metal Exchange.
Nickel prices surge on the back of political issues in Indonesia and Ukraine.
Copper is headed for its biggest surplus in years, yes. But consider these mine delays.
Chileans want the mining sector to contribute more in taxes a new poll shows.
In its latest analysis GFMS sees the copper price perhaps testing $6,000/tonne on the downside in the second half of the year as new production comes fully on stream.
Projecting an end to an almost decade-long surplus driven by Chinese output.
Anglo American says its copper operations are running “exceptionally well,” opening the door to exceeding output forecasts.
Consumers say the exchange's mainstay contract is broken because of the yawning gap between the futures and the physical market.
Moody's reckons the Las Bambas mine will likely enhance Glencore Xstrata's long-term growth, but could put its credit rating under pressure.
Should two Alaska charitable foundations deliberately hang on to 19.1% of a mining company trying to develop what is the most controversial of U.S. copper/gold mining projects?
The company had to trim spending last year and focus on its lucrative Soviet-era operations in Russia's far north to cope with weak prices.
Copper output is expected to rise 4.4% in the 6 months between April and September on the back of recovering local demand and higher processing fees.
Chinalco halted all operations at its Toromocho mine after the environmental regulator, OEFA, demanded it stop dumping waste into two nearby lakes.
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