October 11, 2011

Palabora lifts Q3 copper mine production

JOHANNESBURG (miningweekly.com) Palabora Mining on Tuesday reported increased third-quarter copper mine production, but said that its refined output dropped. The company, South Africa’s only major copper producer, increased the ore…

October 11, 2011

ROCKWELL DIAMONDS: Rockwell to ramp up production profile with finalization of Tirisano acquisition

VANCOUVER, Oct. 11, 2011 /PRNewswire/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI; OTCBB: RDIAF) announces the completion of the Tirisano Mine project acquisition. The effective…

October 11, 2011

Barclays: Chinese Copper Buyers Appear ‘Cautious’ For Now

By Kitco News (Kitco News) - Chinese copper buyers appear “cautious” despite stable consumption within the country, say analysts with Barclays Capital. Price movements may have fallen short of expectations…

October 11, 2011

Monument announces private placement of up to $70,000,000

Vancouver, B.C. Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) ("Monument" or the "Company") announces its intention to carry out a non-brokered private placement of up to 156,250,000 units at…

October 11, 2011

Israel’s diamond trade sees doubled-digit growth in Q3

Israel's diamond industry has continued to show growth during the third quarter of 2011, according to figures published by the Ministry of Industry, Trade and Labor's Diamond Controller Shmuel Mordechai.…

October 11, 2011

Activists, groups lash BHP mega-mine

Eco-activists and Aboriginal groups on Tuesday condemned Australia's approval of a mammoth BHP Billiton mining pit expansion, warning of an environmental and public health disaster if it goes ahead.

October 11, 2011

UAE primary aluminium sector targets growth in Turkey

(MENAFN Press) Against the economic instability in neighbouring Europe, Turkey remains a strong regional economy. Indeed, the International Monetary Fund ("IMF") recently revised the forecast growth for Turkey's economy upwardly…

October 11, 2011

European stocks, copper falls on debt concern; treasuries drop

Oct. 11 (Bloomberg) -- Stocks in Europe and copper dropped for the first time in five days after European Central Bank President Jean-Claude Trichet said the debt crisis threatens the…

October 11, 2011

Copper Declines Most in a Week on Concern About Chinese Demand

Oct. 11 (Bloomberg) -- Copper fell the most in a week in London on concern about the outlook for demand in top global consumer China, where figures due this week…

October 11, 2011

Sluggish steel demand to affect ArcelorMittal SA and Highveld Steel in Q3

It is reported that sluggish domestic and international steel demand and operating problems will weigh on third quarter profits at South Africa's two biggest steelmakers, ArcelorMittal SA and Evraz Highveld…