COPPER

Mineworkers

Power cut hits Zambia's Copper Belt

A four-hour power cut hit Zambia's capital and main mining region on Wednesday, although it was not clear what if any impact there was on output from Africa's biggest copper producer.

Peaceful Demonstration at Newmont Mining Site in Peru

Yanacocha Mine
A one-day protest by communities in the northern region of Cajamarca on Wednesday against Newmont's $4.8 billion Conga gold project was peaceful and did not hurt mining operations, the government and the company said.

TSX may open lower on Italian debt worries

TSX ''stars align'' as resources, banks rise
Toronto's main stock index looked set to open lower on Wednesday, hurt by weaker commodity prices as doubts about Italy's ability to tackle its debt problems persisted even after Prime Minister Silvio Berlusconi pledged to resign.
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Police, miners clash at Grasberg mine

Grasberg Miners Repel Police Trying to Open Key Road

Police failed to lift road blockades stopping fuel and food reaching Freeport McMoRan Copper & Gold's mining operations in Indonesia's Papua region, after clashes with striking miners and local tribesmen on Friday.
A foreign currency dealer of the Korea Exchange Bank looks at computer monitors at the bank's dealing room in Seoul

World Stocks, Euro Rise on Hopes Greece Drops Referendum

World stocks and the euro rose on Friday, boosted by expectations that Greece will avoid a referendum on a new bailout package, easing imminent concerns of a Greek default and its potential shockwaves through the euro zone.
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Asian Shares Rise on Hopes Greece will Drop Referendum

Asian shares rallied more than 3 percent and the euro steadied Friday on hopes that Greece will abandon a proposed referendum on a European Union bailout, but investors remained cautious over a confidence vote scheduled for later in the Greek parliament.
Mineworkers

Chinese firms abusing Zambian miners: rights group

Chinese mining companies in Zambia, Africa's biggest copper producer, are routinely flouting laws designed to protect workers' safety and the right to organise, Human Rights Watch (HRW) said on Thursday.
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Freeport's Grasberg Mine Operating at 5% - Govt Official

Freeport-McMoRan Copper & Gold Inc.'s massive Grasberg mine in Indonesia is producing copper, gold and silver ore at 5 percent of its full capacity, a senior official at the energy and mineral resources ministry said on Thursday.
Historic Toburn Mill, Kirkland Lake, Ontario

Historic Canadian Gold Mining Town Reviving

With a gleam in his eyes, Sidney Hamden recalls the glory days of Kirkland Lake, the little Canadian mining town in northern Ontario that was long ago dubbed The Mile of Gold.
Workers at Grasberg Mine

U.S. Union Wants Freeport-McMoRan Investigated

The largest U.S. industrial labor union is suggesting publicly that Freeport-McMoRan Copper & Gold Inc., a top global gold producer, is violating the law by bribing police in Indonesia.
Traders work on the floor of the New York Stock Exchange

U.S. Shares Seen up after Tuesday's Plunge

Stock index futures pointed to a higher open for equities on Wall Street on Wednesday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 0.6 to 1 percent.
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Zambia's c.bank slashes reserve ratios

Zambia's central bank slashed its reserve ratios on Tuesday to cut the cost of borrowing for commercial banks and consumers in a bid to stimulate economic growth in Africa's biggest copper producer.
Mine workers is seend underground in Modderfontein east mine, outside Johannesburg

Congo's Gecamines refuses to publish mining contracts

Congolese state mining firm Gecamines has refused a request from the mines ministry to publish all revised contracts, saying it cannot do so without the permission of firms involved, according to a letter from Gecamines published on the ministry website.
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Freeport-McMoRan Copper & Gold to Cut 4Q Sales

Freeport-McMoRan Copper & Gold Inc said on Tuesday that production and processing rates at its strike-hit Grasberg nine in Indonesia have fallen below levels needed to meet fourth-quarter sales targets.
Ghana Faces Poisoning from E-waste.

E-waste Poisons African Community, Research Shows

Researchers found dangerous levels of metals - iron, magnesium, copper, zinc, cadmium, chromium, nickel and lead - across Accra removed from the Agbogbloshie scrap yard where residents burn away plastic to extract metals.

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