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MMG CEO Andrew Michelmore is very bullish on zinc, in part resulting from the impending closure of his company’s Century mine next year with nothing of comparable size to replace it.
The exchange plans to expand its ‘mini’ contract range to include more base metals as well as coal.
Boliden’s Garpenberg base and precious metals mine is to establish a new haulage operation based on dedicated mine trucks.
Nyrstar smelters processed 821,000 tonnes of zinc metal in the first nine months of the year.
Codelco needs to invest roughly $30 billion to upgrade its copper mines and counter falling output.
Global exploration for nonferrous metals has fallen sharply again this year – by 25%, according to data collected by SNL.
Rising shipments from Myanmar and elsewhere will thwart Indonesia’s bid to raise prices, says Macquarie.
The Chilean miner will almost run out of copper by 2030 if it doesn’t invest billions of dollars at all of its mines.
Smelters are experiencing a bottleneck of the raw material, says a member of the Aurubis executive board.
Norilsk will transfer to BCL its 50% interest in the Nkomati mine and 85% stake in Tati Nickel Mining Company.
The ICSG says industrial bellwether copper will be in deficit for the fifth successive year, yet prices are lowest for four years.
Patricia Mohr advises that copper will drift lower in 2015, as zinc prices remain steady at “lucrative levels” this year.
Fresh from a court win in London, the exchange has to convince U.S. lawmakers its reforms are enough.
Its Ouro Preto aluminum smelter is the latest casualty of high energy costs and low metal prices.
A further 20% stake of the unit will be divested to Indonesian parties within five years.
MMG led a Chinese consortium that bought the Las Bambas mine for $7 billion from Glencore.
The average LME price for special high grade zinc soared by 26% in July 2014.
EMED and Trafigura have long been at loggerheads over the restart of the Rio Tinto copper mine near Seville, Spain.
ICSG say the market will be in deficit for a fifth straight year in 2014 before switching to a surplus next year.
Rio Tinto Alcan says it will work with Cameroon's government to find a new investor for Alucam Group.
Miners however say they will be able to fulfill their contracts as they have factored in the impact of the annual monsoon.
Sources close to the matter say Codelco will offer its customers in Europe premiums of $112/t next year.
Exports will probably plunge this quarter as the government moves to impose stricter rules on exports.
US dollar and a Swiss referendum may swing it.
A three-judge panel at Britain's Court of Appeal overturned an original March ruling in favour of RUSAL.
Two-thirds of land with potential for discoveries is in the hands of major mining companies and are lying idle.
The two new copper deposits at Sierra Gorda in Chile could extend its mine life by another 20 years.
Lundin’s proposed purchase of the Candelaria copper complex was playing to mostly positive reviews among analysts.
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