Combined estimate investment exceeds $13 billion, says the government.
The price of gold may be enjoying a double-digit increase so far this year and some equities may even have doubled their value, but Jeff Killeen of CIBC World Markets says it's not time to jump into metals with both feet. Be selective, he says.
The bank's ties to Iran date back to the 1970’s.
Last year alone there were 149 conflicts involving mines in the country.
The steep, last minute metal concentrate tax slapped on copper miners has brought exports to a standstill.
Top exporter Indonesia's ban on ore shipments largely off-set by record global stockpiles of ore and metal and rising mine output.
Against expectations of a last minute climbdown by authorities, Indonesia's nickel, bauxite and tin ore ban went into effect Sunday.
But bubbly stock markets could see investors return to the sector as 2013's plunge in commodity prices make metals and minerals look cheap.
The potential is appealing. Peru holds13% of the world's copper reserves, 4% of gold, 22% of silver, 7.6% of zinc, 9% of lead and 6% of tin reserves.
Deutsche, Europe's number two bank, has joined the US exodus and is getting out commodities trading, although it is keeping precious metals in its portfolio.
China’s yuan has overtaken the euro to become the second-most used currency in trade finance.
Existing infrastructure at Caribou includes a 3,000 tonne per day (tpd) processing plant along with a geochemical laboratory and tailings treatment facility.
Investors eager to get the new industry off the ground willing to finance projects that can secure the availability of the key element.
The scientists have been working at the one-of-a-kind laboratory located at the bottom of what was once North America's deepest gold mine.
Hong Kong Stock exchange purchased the LME for $2.2 billion in 2012, hoping to set up warehouses on the mainland.
The world's biggest and oldest metals market is getting a makeover under new CEO.
Wood Mackenzie also predicts the global base metals market will grow from 96Mt in 2013 to 122 Mt by the end of 2018.
First set of key findings to be released next week.
Water sitting in flooded abandoned mines can be a source of cheap geothermal energy.
Less state involvement, possible lifting of ban on ore exports and smoother licensing process envisaged for South Asian nation.
Lowly lead predicted to be 2014's best performing metal.
Vancouver-based copper miner sticks to full year guidance ahead of closing of $650 million Pinto Valley acquisition.
Initial production from the Eagle Mine is expected to commence in Q4 2014.
Miners protest against a decree that modifies pension payments.
Peter Jones has over 40 years of experience in the mining industry, including work in Europe, Africa, North and South America, Australia and Asia.
The proceeds of the offering will push forward the Kamoa copper discovery and the Kipushi zinc-copper-lead-germanium-precious metals project
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