BASE METALS

NICKEL MARKET

Expect a 10,000 tonne nickel deficit this year - Brook Hunt

Thursday , 18 Mar 2010
The research house says demand is slowly returning but more production is on the way
SILVER, PGMS WILL OUTPERFORM GOLD

BMO forecasts gold, silver, and PGMs to do ‘very well' next few years

Thursday , 18 Mar 2010
BMO Global Commodity Strategist Bark Melek says global growth is reigniting industrial metals, as silver and PGMs are expected to outperform firm and stable gold.
200,000 T/Y COPPER RISING TO 400,000T/Y

Outotec to deliver a new copper smelter for Tongling in China

Wednesday , 17 Mar 2010
Metallurgical specialist Outotec has been awarded a contract for copper smelter design and delivery by Tongling Non-Ferrous Metals Group in China
NO DETAIL ON HOW LONG IT WILL BE SHUT

Nickel production at Kwinana refinery interrupted - BHP

Wednesday , 17 Mar 2010
The ongoing problem at the nickel refinery in Western Australia is the result of a hydrogen shortage
QUARTERLY COMMODITIES REVIEW

Commodities "moderately bullish" in a two-speed world - SocGen

Wednesday , 17 Mar 2010
Moderately bullish on commodities as a whole for the year, Société Générale asserts that prices are likely to vary considerably from metal to metal with a strong emphasis on developing economies still a major theme.
KOLWEZI TAILINGS

First Quantum in $12bn court farce

Tuesday , 16 Mar 2010
In a sad war of attrition, touching on insanity, the USD 787m Kolwezi tailings project is despoiled further, this time by a Congolese jungle court.
COPPER, GOLD, GOING FOR NICKEL

First Quantum raises the bar

Tuesday , 16 Mar 2010
Record copper and gold production, as the group continues to expand, also outside Africa, and into serious nickel production from 2012.
LA OROYA

Doe Run Peru could restart La Oroya smelter within six weeks - union

Tuesday , 16 Mar 2010
The smelter has been inactive for nine months because the company got into financial difficulties
BIDDING WAR HEATS UP

Counter bid for CBH Resources by Toho Zinc

Tuesday , 16 Mar 2010
Toho Zinc Co Ltd of Japan, a major shareholder in miner CBH Resources has come up with a new offer for the Australian company to counter a takeover bid from Belgium metal refiner Nyrstar NV.
4TH LARGEST ALUMINUM COMPANY

Press says Vedanta Aluminum IPO may be in the offering

Tuesday , 16 Mar 2010
London tycoon Anil Agarwal's Vedanta Resources may be spinning off its aluminum division, the first of several spin-offs under consideration.
BRIDGE REBUILDING

Chinalco may be lining up for a stake in massive Oyu Tolgoi gold/base metals mine

Tuesday , 16 Mar 2010
The big Oyu Tolgoi base metals and gold project in Mongolia could see investment from Chinalco as Rio Tinto continues to rebuild bridges with China.
CHILEAN POWER OUTAGE

Key Chilean copper mines restart after blackout

Monday , 15 Mar 2010
Two weeks after an 8.8 -magnitude earthquake most of the country was left without power when a transformer failed in the central electricity grid
AFTERSHOCKS

Chilean mining, refinery sectors escape damage during aftershocks

Friday , 12 Mar 2010
Seven tremors, one 6.9 in magnitude, rocked the quake-ravished country but both Codelco and Anglo American say their mines were unharmed
SUDBURY SAGA

Sudbury workers reject Vale's new contract settlement offer

Friday , 12 Mar 2010
The decisive rejection of the offer means the stoppage, now into its eighth month will continue.
AIMING TO BECOMES A GLOBAL PLAYER

Antofagasta looking to double output after 2015

Thursday , 11 Mar 2010
The Chilean miner's CEO says the group has already had informal discussions with banks about debt financing for Reko Diq and will also look at possible takeover targets
COPPER PRICES

Copper to average $6,600 per tonne in 2010 - Antofagasta

Thursday , 11 Mar 2010
The Chilean miner expects improving US and European demand to support prices
METALS NEEDED FOR RECONSTRUCTION

Undamaged Chilean mining sector powerful economic rebuilding tool for Chile's new president

Thursday , 11 Mar 2010
As Sebastian Pinera assumes Chile's presidency today, an economically powerful and healthy domestic mining sector could prove a powerful tool in the rebuilding of the earthquake damaged nation.
REKO DIQ

Barrick CEO optimistic Reko Diq gold-copper project will go ahead

Wednesday , 10 Mar 2010
Aaron Regent said Tuesday the company is continuing to have discussions with the Baluchistan government but added a resolution could take months
REKO DIQ

Tethyan still hopeful Reqo Diq will go ahead

Tuesday , 09 Mar 2010
The operator of the $3bn copper and gold joint venture between Barrick and Antofagasta still hopes it will go forward despite a government threat to scrap it
WILL HELP TO FUND SIERRA GORDA

Shares in Quadra Mining jump on JV with Chinese utility

Monday , 08 Mar 2010
The group has formed the joint venture with China's largest utility company to help expand its Chilean operations
LOUNGE LIZARD PROJECT

Kagara says new drill assays provide big hits outside resource boundary

Monday , 08 Mar 2010
The Queensland polymetallic miner Kagara Ltd which broadened its base to mining nickel in Western Australia late last year has produced some major new assays from the Lounge Lizard project in the Forrestania belt of Western Australia.
COKING COAL PRICING

BHP strikes coking coal deals in China, Japan, India, Europe

Monday , 08 Mar 2010
The group has reached terms for a significant portion of its 2010 hard coking coal volumes
GLOBAL METAL PRICES

Economic growth to boost metal prices - Bart Melek

Monday , 08 Mar 2010
But, the BMO Capital Markets global commodity strategist says that the advance may be slow
99% OF CONSOLIDATION DEALS COMPLETED

China Shanxi province to grow coal output 30% in 2010

Monday , 08 Mar 2010
The province's party boss said coal output will be 700 to 800 tonnes for the year
CHILE DISASTER

Anglo American restarts copper mines in Chile

Monday , 08 Mar 2010
The diversified miner said in a statement out Monday it had restarted operations at Ls Bronces and El Soldado
PDAC CONVENTION

HPAL process crucial to future nickel market development

Monday , 08 Mar 2010
With a plethora of new nickel projects scheduled to come on line in the next three years, T.D. Newcrest's Greg Barnes said the HPAL process will be critical to the future mining of nickel laterite deposits.
PROFIT ANNOUNCEMENT

Kazakmhys posts 26% drop in core profit, resumes dividend

Thursday , 04 Mar 2010
The group blames the fall on a drop in copper prices and output
INVESTOR HUB: Base metals

   

   

   


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VANADIUM ENHANCEMENT PROMISE

The future's hot for lithium - and getting hotter

Saturday , 20 Mar 2010
Lithium is not just a flavor of the year. It is in high demand for hybrid and electric vehicles, laptops, cell phones and will remain even more so as technology is perfected and consumer demand increases globally. The Gold Report interviews Jon Hykawy.
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