Saturday, December 8, 2012

Iron ore at 2 week high on Chinese demand hopes

Friday , 07 Dec 2012
The miner hopes the project, in the Centinela Mining District in northern Chile, will start construction in 2014. Friday , 07 Dec 2012
The Luxury jeweller said it sold more small diamonds, but cut its full-year production target to about 7.1 million carats from about 8 million Friday , 07 Dec 2012
Expectations that demand from China will rise ahead of the Lunar New Year break in February, traders are buying up cargoes of the metal. Friday , 07 Dec 2012
According to the coal miner, 178 workers at its Mooiplaats mine have been fired after going on an illegal strike. Thursday , 06 Dec 2012
Johannesburg-based Village Main Reef has shut its Blyvooruitzicht operation following a conflict among rival labour unions. Thursday , 06 Dec 2012
SA Cabinet backs new steel and ore export taxes despite additional strain on strife-riven mining sector. Thursday , 06 Dec 2012
Vale's iron ore chief, Jose Carlos Martins, says the company is losing $2 to $3 a tonne in iron ore shipping costs because of China?s port ban on its giant Valemax ships. Thursday , 06 Dec 2012
Prices steadied above $1,690/oz on Thursday, as buyers took to the sidelines ahead of an ECB policy announcement, and on uncertainty over negotiations to avert a U.S. fiscal crisis. Thursday , 06 Dec 2012
The gold price edged down early Thursday in Europe but has attracted some physical buyers in Asia, underpinning market sentiment. Wednesday , 05 Dec 2012
Thomas Keller is hopeful a new labour deal with its union at the massive Chuquicamata copper mine will be reached. Wednesday , 05 Dec 2012
Caserones is one of the few new copper mines coming online in Chile and the project?s VP expects construction to be finished by the end of 2013. Wednesday , 05 Dec 2012
The gold price rose above $1,700 an ounce on Wednesday as stock markets firmed and a dip in prices to one-month lows tempted some buyers back to the market. Wednesday , 05 Dec 2012
The steelmaker will spend $180.59 million and preserve jobs at its Liege site after reaching an agreement with unions and the regional government. Wednesday , 05 Dec 2012
Evans & Partners says bearish investors are overlooking the potential for expansion at Alacer?s Copler mine, which could prompt a buyer to pay 40% more than the company?s market value in a takeover. Wednesday , 05 Dec 2012
Current chairman, Colin Knight, plans to step down from the role at the start of 2013, after almost 8 years with London Mining. Wednesday , 05 Dec 2012
Polymetal, which joined London?s FTSE 100 index last year, had previously said it will discuss in December whether to pay a special dividend. Wednesday , 05 Dec 2012
Shares in Zhengzhou Coal Mining Machinery slid in their first day of Hong Kong trade, underscoring poor demand that bodes ill for Chinese insurer PICC's bigger debut on Friday.

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Source: http://www.mineweb.com/mineweb/content/en//mineweb-fast-news?oid=165720&sn=Detail

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