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·Berkeley Mineral secures Zambian mining rights [11 Jul 2008 10:28]
Mining company Berkeley Mineral Resources has secured the mining rights to process zinc and lead from certain tailings dumps at the Kabwe Mine in Zambia.
Berkeley Mineral Resources (BMR) has agreed t...
·Mining boom will save economy, say experts [11 Jul 2008 10:28]
THE mining boom will help keep Australia's economy from falling into a hole until at least 2013, a report suggests.
Economic forecaster BIS Shrapnel said record levels of mining investment together w...
·Aluminum Rises to Record as China Producers Agree to Cut Output [11 Jul 2008 09:41]
Aluminum reached an all-time high in London after the biggest smelters in China, the world's largest producer, agreed to cut output by as much as 10 percent, increasing expectations that a supply glut...
·Rio Tinto sells Kintyre project [10 Jul 2008 10:52]
Rio Tinto will sell its Kintyre uranium project in Western Australia to a joint venture consortium for $US495 million ($518.3 million), as it moves closer to completing its $US10 billion ($10.5 billio...
·Australia Mining Investments to Stay High, BIS Says [10 Jul 2008 10:43]
Oil and gas companies may help sustain record mining and energy investment in Australia, the world's biggest shipper of coal and iron ore, until 2023 because of demand from China, according to forecas...
·Metals - Aluminium continues lower; lead jumps almost 5 percent [10 Jul 2008 10:17]
Aluminium continued lower on Wednesday in London, drifting further away from all-time highs seen at the start of the week as abundant supplies and weak demand knocked prices lower.
At 12:55 p.m., Lon...
·US copper futures end up on Peruvian strike threat [10 Jul 2008 09:52]
U.S. copper futures snapped a three-day losing streak to end higher on Wednesday as supply concerns again took center stage after workers at Peru's third-largest copper mine planned to strike.
NOTE: ...
·Copper Rises for First Time in Four Sessions on Slumping Dollar [10 Jul 2008 09:50]
Copper rose for the first time in four sessions as the declining dollar spurred demand by investors seeking a hedge against inflation.
The dollar fell the most in a week against the euro and dropped...
·Murchison scraps iron-ore merger bid [09 Jul 2008 09:59]
Australian iron-ore miner Murchison Metals announced that it will abandon a proposed merger with Midwest Corp, saying that it could not reach an agreement with Sinosteel, which intends to gain a contr...
·Aluminum falls 5.7 pct on weak oil [09 Jul 2008 09:37]
Aluminum fell by 5.7 percent on Tuesday, retreating from the previous session's record high as large stocks offset worries about power problems in China and softer oil prices dampened sentiment.
Alum...
·Copper Falls in New York as Traders Sell on Growth Concerns [09 Jul 2008 09:26]
Copper dropped to the lowest in three weeks on speculation the credit crisis will continue to slow global economic growth, curbing demand for raw materials.
Equity markets in New York rose, stemming...
·Rio Tinto among 17 companies eying development of coal mines in India [09 Jul 2008 09:25]
Australian miner Rio Tinto Ltd. (RIO.AU) is among 17 local and foreign companies looking at projects to develop underground coal mines in India, a person with direct knowledge of the matter said Monda...
·China May Delay Start of Coal Tax Hikes, Securities News Says [09 Jul 2008 09:21]
China may delay the introduction of higher taxes on coal and other resources on concerns about inflation, the Shanghai Securities News reported, citing a unnamed source familiar with the situation.
...
·Kaiser Aluminum issues update on status of Anglesey Aluminum Metal - Quick Facts [09 Jul 2008 09:14]
Kaiser Aluminum (KALU: News, Chart, Quote ) on Tuesday said that Anglesey Aluminum Metal Ltd. is in the process of restarting production on the non-operating portion of the first of two potlines at th...
·Hindustan Zinc cuts product prices [08 Jul 2008 14:02]
Hindustan Zinc has cut lead prices by Rs 2,700 a ton and zinc product prices by Rs 1,600 a ton, reports Business Standard.
The prices of lead and zinc products, after the rate cut stood at Rs 84,300 ...
·Japan steelmakers sign iron ore pact with BHP [08 Jul 2008 13:55]
Japan's top four steelmakers, including the world's No.2 Nippon Steel Corp, said they have struck a deal with BHP Billiton on a near doubling of contract iron ore prices this business year.
The Japan...
·Mining investments tipped to stay high till 2023 [08 Jul 2008 10:23]
Mining and energyy investment in Australia, the world's biggest shipper of coal and iron ore, may remain historically high until 2023, driven by demand from China for metals and energy, BIS Shrapnel s...
·US copper futures track oil, gold to weaker finish [08 Jul 2008 09:31]
U.S. copper futures ended lower on Monday, extending a pull-back from last week's surge above $4 a lb, as profit-taking losses in the energy and precious metals sectors dragged the red metal down in t...
·Peru mining strike is over [08 Jul 2008 09:31]
Peru's largest federation of mining workers decided on Sunday to end its nationwide strike after nearly one week, union leaders and the country's vice minister for labor said.
Mine workers, hoping to...
·Aluminium reaches record high [08 Jul 2008 09:26]
Aluminium jumped to a record high of $3,327 a tonne on Monday after power shortages cut production at smelters in China’s northern Shanxi province.
Aluminium Corp of China, the nation’s biggest p...
·BHPB bid for Rio - BHP gets 20 day extension from EC [07 Jul 2008 13:57]
The Australian Business reported that RIO Tinto shareholders are unlikely to know until December whether the USD 170 billion takeover offer from BHP Billiton will survive an investigation by the Europ...
·BHP starts production at Neptune facility [07 Jul 2008 10:05]
BHP Billiton, the world's largest mining company, said it started production at its Neptune development platform in the Gulf of Mexico.
The platform is capable of producing as much as 50,000 barrels ...
·Vale Plans $12.8 Billion Share Sale, Brazil's Biggest [07 Jul 2008 09:44]
Cia. Vale do Rio Doce plans to sell as much as $12.8 billion of new shares, the biggest offering in Brazilian history, to fund projects and acquisitions intended to create the world's largest mining c...
·China to retain 5-pct-export rebate policy for special steel products, SSEA [07 Jul 2008 09:37]
Chinese industrial expert has called on the government to retain the policy of five percent export rebate for special steel products, and amend tariff standards to guard against export duties avoidanc...
·Wine hills overflow with miners [07 Jul 2008 09:33]
THE green, rolling Adelaide Hills are home to some of the country's better wines and a growing number of olive groves and tree-changers.
Some time towards the end of next year, when Hillgrove Resourc...
·Asian Stocks Fall on Global Growth Concern; Samsung, BHP Drop [07 Jul 2008 09:26]
Asian stocks fell, with the region's benchmark index declining for the sixth day out of seven, on concern slowing global growth is hurting demand for goods and commodities.
Samsung Electronics Co. d...
·Little possibility for further hike of China's steel export duty, analysts [05 Jul 2008 10:54]
There is little possibility for China to further up adjust steel export duty in short term despite of the rebound of steel export, according to analysts here.
 
     China's...
·Stemcor acquires US pig iron and scrap distributor Ferrosource [05 Jul 2008 10:13]
The world’s largest independent steel trader Stemcor announced that it has purchased the assets and business of Ferrosource in the USA. Ferrosource is engaged in pig iron distribution and ferrous sc...
·South African Mine Deaths Declined 22% in First Half [05 Jul 2008 10:08]
Mine deaths in South Africa, the world's biggest producer of precious metals, fell 22 percent in the first half after the government intensified efforts to make mining safer.
``We're quite happy tha...
·China oil import tax rebate may be quietly dropped [05 Jul 2008 09:56]
China's state-owned oil refiners are increasingly fearful that Beijing has quietly ended its partial rebate on crude oil import taxes after a big hike in fuel prices last month, officials said on Wedn...
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