September 2009
Chinalco to start Toromocho copper mine in 2012
Chinalco said it plans to commission its Toromocho copper mine in Peru by end 2012, a slight delay from the earlier target of first quarter 2012.
Third guard in four days shot at Grasberg
Yet another security guard has been shot near Freeport McMoran's Grasberg copper-gold mine in Indonesia, the third in four days.
(AMM) Indiana service center adds multi-blanking line
Metal Processing Corp., a service center that processes aluminum, stainless and carbon steel sheet, has installed a 72-inch-wide B&K/Formtek multi-blanking line that is able to process 20-ton coils in thicknesses from 0.021- to 0.135-inch in lengths from 18 to 168 inches.
(AMM) LME lead prices tick up on greenback woes, upbeat industrial data
Lead prices rose 5.5 percent on the London Metal Exchange Wednesday as the commodities complex received a boost from the slumping dollar and positive industrial production numbers.
PPC to start work on Chile copper-moly project in 2010
Japan's largest copper producer Pan Pacific Copper (PPC) will start construction of a $1.86 billion copper and molybdenum project in Chile in the second half of 2010.
LME ASIAN WRAP: Copper falls alongside Asian bourses
Copper softened in early Asian trading on Wednesday due to decreasing Asian stock markets in the morning.
***CHINA LEAD & ZINC CONF: Zinc stocks rise to '720,000 tonnes'
Zinc stocks in an oversupplied China have risen to about 720,000 tonnes as at end-August, including 159,000 tonnes in state reserves, said Antaike analyst Feng Juncong.
Rungta Mining to raise Mn ore output to 250,000 tpy
India's Rungta Mining plans to raise its manganese ore output to 250,000 tpy next year from about 175,000 tpy, following rising manganese ore and alloy prices.
(AMM) Stingray issues shares to Xstrata
Stingray Copper Inc. has issued 1,829,837 common shares to Xstrata Plc, the final step in acquiring the El Pilar copper property in Mexico.
(AMM) Inmet denies selling 13% stake to Kores
Canadian base metals miner Inmet Mining Corp. denied selling an equity stake to Korea Resources Corp. (Kores).