October 10, 2012

Lumina Copper not ready for a takeover this year

Canadian Lumina Copper Corp. (CVE:LCC) fell 8.5% Tuesday after the company hinted its expected sale will have to wait as it plans to carry a study at its Taca Taca…

October 10, 2012

Stronger yuan will cheapen commodities for China: Leeb

Renowned investment guru Stephen Leeb says China is pushing for a stronger yuan in order to cut the cost of its commodities purchases.

October 10, 2012

Chinese copper consumption to drop for the first time in four years

China's copper consumption levels are set to fall for the first time since 2008 on the country's easing growth and the resulting tepid demand for commodities.

October 9, 2012

Rio to cut jobs on concerns over China slowdown

Rio Tinto (ASX:RIO) has announced further retrenchments and cost cutting measures due to concerns that the slowdown in China's economic growth will be more pronounced than expected.

October 9, 2012

Oyu Tolgoi: All that’s left is for China to flip the switch

First ore from the massive copper-gold-silver mine is expected to be processed within six weeks of China and Mongolia signing the final power agreement.

October 9, 2012

Anglo Asian gold production on the rise

Anglo Asian Mining disclosed Tuesday a surge in gold production at its flagship gold, copper and silver mine, in Azerbaijan, in the third quarter.

October 9, 2012

What Alcoa’s earnings mean for the stock market

Question: If Alcoa misses Tuesday's Wall Street’s profit target is that a troubling sign for the rest of corporate America and the stock market, which has yet to take a…

October 8, 2012

Chile’s Codelco taps BHP exec Arriagada as new CFO

Chilean state copper giant Corporacion Nacional del Cobre, or Codelco, tapped BHP Billiton Ltd. ( BHP Billiton Limited (ADR)) Codelco had been searching for a new CFO as the former…

October 8, 2012

Ruling party aligned union losing grip on South Africa mining

NUM's diminishing influence – blamed in part on its political affiliations and its perceived closeness to big business – is most striking at Impala Platinum's Rustenberg mine where its enrollment…

October 8, 2012

Aluminium spearheading substitution of costly copper

Copper, enjoying much superiority over any other metal in electrical and thermal conductivity and also ductility, is today about four times as expensive as aluminium.