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Rio Tinto set to decide on expansion of Mongolia copper mine
Thu, 26 Nov 2015 05:49:50 GMT
Reuters - Rio Tinto is lining up project financing for a $4 billion expansion of its long-delayed Oyu Tolgoi copper mine in Mongolia and will make a final investment decision early next year, a senior executive said on Thursday. The mine, which started producing from an open pit over two years ago, is the biggest single foreign investment in Mongolia, and resolution of disputes over its second phase in May revived hopes for a string of other stalled mining projects.*

Rio Tinto sees commodity prices subdued in short term
Thu, 26 Nov 2015 01:51:25 GMT
Reuters - Commodity prices are likely to remain subdued in the short term as markets come to terms with oversupply and slower Chinese growth, the head of global mining giant Rio Tinto's copper and coal divisions ...*

NovaCopper Year End Corporate Update
Tue, 24 Nov 2015 22:00:00 GMT
TSX, NYSE-MKT Symbol: NCQVANCOUVER, Nov. 24, 2015 /PRNewswire/ - NovaCopper Inc. (TSX, NYSE-MKT: NCQ) (NovaCopper or the Company) is pleased to provide a review of this year's activities and a year-end corporate update. All amounts are in US dollars unless...

Metals prices fall to multiyear lows
Mon, 23 Nov 2015 17:13:26 GMT
at Financial Times - Metals prices suffered a broad sell-off on Monday that sent prices to their lowest levels in years, intensifying the pressure on miners from Chile to China to cut production. Copper fell to a new six-year ...*,s01=1.html?ftcamp=traffic/partner/feed_headline/us_yahoo/auddev

Copper price slump could create headwinds for Glencore's debt plan
Tue, 17 Nov 2015 16:49:05 GMT
Reuters - UK Focus - JOHANNESBURG/LONDON, Nov 17 (Reuters) - Further falls in copper prices might yet undermine the fightback mounted by mining and trading company Glencore after its shares tumbled to record lows this year, analysts said. London Metal Exchange benchmark copper plunged to $4,590 a tonne on Tuesday, its lowest in more than six years, as fears about slowing demand growth in top consumer China and a higher dollar fuelled negative sentiment.*

Commodities rout sends index to lowest level since crisis
Thu, 12 Nov 2015 18:51:52 GMT
at Financial Times - A renewed sell-off in oil and metals has shaken investors as fears grow that falling demand for commodities is signalling a sharper slowdown in China's resource-hungry economy. Copper, considered a barometer ...*,s01=1.html?ftcamp=traffic/partner/feed_headline/us_yahoo/auddev

Mining sector hit by weak copper prices and rating downgrade
Tue, 10 Nov 2015 18:28:46 GMT
Telegraph - Market Report: Miners weigh on the FTSE 100 after copper eyes six-year lows and Barclays downgrades the sector.*

Why Arent BHP and RIO Cutting Copper Production
Wed, 04 Nov 2015 17:24:30 GMT
Market Realist - While major mining companies like Freeport-McMoRan and Glencore are declaring copper production cuts, BHP Billiton says it is reluctant to decrease its copper production.*

Glencore Copper Mines Seen Top of China's Asset Shopping List
Wed, 30 Sep 2015 09:46:00 +0100
Metal companies from China are stepping up acquisitions of mining assets overseas, including copper, according to Bloomberg Intelligence. Ministry of Commerce data shows deals have continued even as prices slump, analysts Yi Zhu and Kenneth Hoffman wrote ...

Stocks volatile as growth worries persist
Tue, 29 Sep 2015 21:01:41 +0100
Copper steadies and oil prices jump

Copper-rich Zambia hit by global drop in commodity prices
Tue, 29 Sep 2015 20:02:00 +0100
Demand for copper, which is used across industry from construction to car manufacturing, has suffered from the slowing Chinese economy. Commodity prices have been plunging in recent week, caused by China's economic slowdown. The depth of the slump was ...

China shocker drops copper price to 6-year low
Mon, 28 Sep 2015 02:00:00 +0100
On Monday copper futures declined for the eight sessions in a row wiping out a supply-cut rally sparked by top producers Glencore and Freeport McMoRan at the start of the month. On the Comex market in New York copper for delivery in December sagged more ...

Copper glut, low demand could knock bullish confidence
Fri, 25 Sep 2015 01:46:00 +0100
We will only get more output cuts if prices fall to around $4,500, producers need to be incentivized to cut, for the market to rebalance, Widmer said. Glencore plans to suspend 400,000 tonnes of copper output in Africa over the next 18 months, while ...

Chile quake shifts copper market focus back onto supply risks
Thu, 17 Sep 2015 04:52:00 +0100
These worries pushed down benchmark copper prices to a six-year low last month. But early on Thursday, prices surged to an eight-week top of $5,440.50 per tonne on news of the 8.3 magnitude Chile earthquake that prompted two miners to suspend operations.

Newmont Mining (NEM) Stock Slumping with Copper Prices
Mon, 14 Sep 2015 10:20:00 +0100
NEW YORK (TheStreet) -- Newmont Mining stock is lower by 1.66% to $15.97 in late morning trading on Monday, as copper prices are dragged down by China's economic data. China, the world's largest copper consumer, released economic data on Sunday that showed ...

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