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| 8 Feb 2010 | Copper | ► | URSA Major Minerals starts mining operations at Shakespeare Nickel Mine, Sudbury Area URSA Major Minerals Incorporated is pleased to announce that the Company has started mining operations at the Shakespeare Nickel Copper Mine located 70 km west of Sudbury, Ontario... more ► |
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| Vale sending nickel off to Welsh refinery The first shipment of nickel concentrate to be processed into matte at Copper Cliff Smelter Complex since a strike by Steelworkers began seven months ago is on its way to Vale Inco's refinery in... more ► |
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| Teck Resources' sale of Waneta Dam gets approval nod news Canada's mining major, Teck Resources Ltd (Teck) has received the approval of British Columbia Utilities Commission for the sale of its one-third interest in the Waneta Dam to British Columbia Hydro... more ► |
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| Grupo México's 2009 consolidated income down 17.6% to $887m Grupo México posted 2009 consolidated net income of US$887mn, a drop of 17.6% from US$1.08bn in 2008, according to the group's quarterly results released Friday... more ► |
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| Geo Minerals finds copper at prospect in Arizona Geo Minerals Ltd. announced initial drilling results for the Copper Springs porphyry copper prospect located in south-central Arizona. Geo has a letter of intent with Bronco Creek Exploration Inc... more ► |
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| Blackwell officials accept $54m settlement with Freeport over contamination Blackwell officials have accepted a $54 million settlement in a lawsuit against an international mining company whose entity was blamed for pollution in the northern Oklahoma city... more ► |
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| Proposed copper-nickel mine draws 'extraordinary' interest State and federal regulators will take several months to review voluminous public feedback about the PolyMet project... more ► |
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| Codelco registers products under REACH regulations Bloomberg reports that Chilean state company Codelco became the first copper miner in the world to register its products before the European Chemicals Agency (ECHA) in order to meet its obligations... more ► |
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| Metals prices heading for the roof Speakers at the Mining Indaba in Cape Town this week seemed as one in warning of a near-term supply-demand squeeze and some solid price increases for a swathe of metals... more ► |
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| Chinese factor behind up and down of gold Currently, the metal markets are correcting as most pundits are calling for a bubble collapse in all commodities. The prices of metals both precious and base moved up rapidly throughout 2009... more ► |
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| Value-added production and diversification hold keys for growth in Western Canada With $216 billion in resource-based projects under construction or planned, Alberta has become the leading location in the Western Hemisphere for energy development... more ► |
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| Debate on nationalising the mines in South Africa A storm erupted in policy circles in South Africa after Julius Malema the leader of the African National Congress Youth League (ANCYL) boldly proclaimed the need for the mining industry in South... more ► |
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| Copper at 3-month low LME copper ended at $6,265/mt on Friday, $125 down... more ► |
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| Gold slides as dollar jumps to 8-month highs Gold futures slumped on Friday as a drop in the U.S. jobless rate couldn't offset a surge in the dollar, which jumped to 8-month highs against the euro on fears about sovereign debt in Europe... more ► |
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| 5 Feb 2010 | UBS forecasts explosion in copper prices UBS Securities has revised upward copper price forecasts because it expects strong demand to meet supply problems in coming years. UBS now expects copper prices to average $3.80/lb this year and... more ► |
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| Collahuasi expansion project to 600,000t/y receives environmental approval Northern Chile's region I environmental regulator Corema approved an EIA for copper miner Minera Doña Inés de Collahuasi's US$750mn expansion project, aimed at increasing ore processing capacity by... more ► |
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| Lunar New Year to weigh on metals demand Major market participant says, as Lunar New Year holiday that will close Chinese markets for a week from February 14 "started to take its effect on volumes"... more ► |
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| Why copper is crashing The red metal is reeling... more ► |
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| LME copper at 3-months low LME copper fell to $6,329/mt, its lowest since Oct. 19, ending at $6,390/mt, $200 down... more ► |
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| Gold has biggest drop in 16 months; Europe woes lift dollar Gold saw its biggest slide in 16 months Thursday, joining other metals in a broad sell-off of commodities and stocks, as investors fled to the safety of the U.S. dollar over mounting concerns about... more ► |
