Search Results

Chile Copper Export Revenue Falls 18.4 Pct In August


The value of Chile’s copper exports amounted to $2.177 billion in August, down 18.4 percent from $2.669 billion in the same month a year ago, central bank figures showed on on Tuesday.
The value of Chile’s copper exports totaled $2.542 billion in July, the central bank reported last month.
Chile is the world’s top copper producer, mining [...]

Chile’s Copper Mining Company, Codelco May Synergies Between Los Bronces and Andina Copper Mines


State copper giant Codelco and global miner Anglo American Plc are seeking synergies between the Los Bronces and Andina copper mines, rich back-to-back deposits along the Andes mountain range in central Chile, the nation’s mine minister said on Friday.

Mining Exploration Result Demand Slowdown, Nickel, Zinc, Copper Fall as Slumping Demand Boosts Inventories


Nickel, zinc and copper fell as a global economic slowdown weakened demand for industrial metals used in manufacturing and construction.

Mining Exploration Project, Production and Finance in World Trade and Market


LONDON (Dow Jones)
- United Company Rusal is to increase the level of aluminum production it cuts to 4% of its total global output, or around 168,000 metric tons a year, a company spokeswoman told Dow Jones Newswires Monday.

Two Biggest Mining Companies After Merge, An Ambition Becomes The Biggest Mine Company In World


Marius Kloppers is determined to win his $127bn battle to merge BHP Billiton and Rio Tinto, but must beat regulatory hurdles – and Rio’s opposition. Ruth Sunderland met a late starter who could become one of the globe’s most powerful men.
Marius Kloppers, chief executive of mining giant BHP Billiton, could be the patron saint of [...]

Report Result Of Exploration of Mine, Anglo Mine American Plc. Mining Company


Result of exploration of mine in afrika south done by Anglo mine company American Plc, experiences downdraft following report result of exploration of Anglo mine American Plc :
Platinum Anglo Ltd, experiences downdraft of 24 % or 428,600 ounces from year before all. Result of exploration of coal 28 percent or 223 million metric tons. Produce [...]

Oil eases while gold breaches $900


Oil prices weakened on Thursday after a strong surge in the previous session while gold briefly regained the $900 level and base metals weakened across the board.
Nymex May West Texas Intermediate dipped 70 cents to $104.18 a barrel after rising $3.85 on Wednesday and touching a session high of $105.10.
ICE May Brent lost 80 cents [...]

Metals Bubble Poised to Burst on Increasing Supplies (Update2)


Copper, nickel and lead, the best performing commodities in the past four months, may be the worst by year-end.
On Wall Street, the chorus is getting louder that rising metal supplies are outpacing demand. From Goldman Sachs Group Inc. to JPMorgan Chase & Co. to Societe Generale, there are warnings of a mania that is showing [...]

Scotiabank’s Commodity Price Index Climbs to a New Record, As The Mining Boom Continues


Expansion of nuclear power pushes up both uranium and molybdenum prices
Scotiabank’s Commodity Price Index, which measures price trends in 32 of Canada’s major exports, rose to new heights in March, up 3.8 per cent month-over-month and 3.2 per cent above the previous record in December 2006. The All Items Index has advanced by 123.4 per [...]