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Skeptical CPA
Dec 5
Comment
"Ten years after launching a hostile takeover of US copper refiner Asarco LLC and four years after forcing it into Chapter 11 bankrupcty, Mexican billionaire German Larrea Mota-Velasco finally has what he wanted: control of the copper giant free...
Mining Weekly
Dec 4
Comment
Two days after violence erupted in the Peruvian province of Huancabamba, leaving two dead and eight injured, fingers are being pointed at police for their role in the events.
Police said they had arrested two suspects for a fatal attack in...
Mining Weekly
Dec 4
Comment
Copper prices fell on Friday after touching their best level since September last year, as a much better-than-forecast U.S payrolls number strengthened the dollar at the expense of metals.
Benchmark copper on the London Metal Exchange ended at $7...
Mining Weekly
Dec 4
Comment
Shareholders of JSE-listed Metorex would meet on December 21 to vote on the sale of a 55% stake in fluorspar producer Vergenoeg Mining to Spanish company Minerales Y Productos Derivados (Minersa), for $60-million.
The proceeds from the proposed...
Commodity Online
Dec 4
Comment
Switzerland based mining giant Xstrata is evaluating the assets benefits of its four copper smelting businesses in the wake of a global shortage for the metal concentration.
Metal Bulletin
Dec 4
Comment
Copper eased slightly in early trading on the London Metal Exchange on Friday on weaker gold prices
Mining Weekly
Dec 4
Comment
Diversified miner Rio Tinto and the University of Queensland, in Australia, have established the Rio Tinto Centre for Advanced Mineral Sorting, at a cost of $11-million, to develop technologies for the separation and upgrading of minerals, such as...
Metal Bulletin
Dec 4
Comment
Shanghai copper fell for the first day this week, as inventories rose and gold prices fell back.
Mining Weekly
Dec 4
Comment
Budget negotiations and a new Prime Minister mean that Mongolia will likely delay to early next year the selection of winning bidders for the giant Tavan Tolgoi coking coal deposit, industry executives said.
Mongolia had earlier planned to select...
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