COPPER

Futures drop With Commods After Yen Intervention

Silhouettes of passersby are reflected on an electronic board displaying a graph showing yen-dollar exchange rates outside a brokerage in Tokyo
Stock index futures fell in lackluster volume on Monday, following four weeks of equities gains, as a spike in the U.S. dollar weighed on commodity prices and dried up bids on other risky assets.

Gold helps lift TSX as euro deal optimism fades

Gold bar
Canadian stocks edged higher in early action on Friday, led by a rise in shares of gold and base metal miners, even as fading optimism over a European debt deal weighed on the broader market.
Ollanta Moisés Humala

Peru Aims to Broker Union-Newmont Mining Talks

Peru's government will broker talks on Friday between townspeople and U.S.-based miner Newmont in a bid to solve a conflict over the planned $4.8 billion Minas Conga gold mine, officials said.
More news
International Business Times Logo

EU Crisis Deal Lifts Stocks, Euro to 2-Month High

World stocks and the euro rose to their highest levels in nearly two months on Thursday after European leaders struck a deal to resolve a two-year-old sovereign debt crisis, which threatens the survival of the single currency.
Luxembourg's Prime Minister Juncker France's President Sarkozy and Germany's Chancellor Merkel attend an European Union summit in Brussels

Stocks, Euro Hit 2-Month High after European Debt Deal

World stocks and the euro rose to their highest levels in nearly two months on Thursday after European leaders struck a deal to resolve a two-year-old sovereign debt crisis, which threatens the survival of the single currency.
Argentine President Fernandez

Argentine Mineral Extraction Co.s Must Repatriate All Export Revenue

Argentina's oil, gas and mining companies must start repatriating all export revenue, according to an order by President Cristina Fernandez de Kirchner's administration, which is struggling to halt capital flight from the inflation-plagued economy.
International Business Times Logo

Newmont Mining Faces Opposition to Peruvian Mine

Townspeople in northern Peru are demanding an end to construction of the $4.8 billion Minas Conga gold mine because they fear it will threaten local water supplies, residents said on Tuesday.
London-listed company African Minerals recently achieved a remarkable milestone with its shipment of a first batch of iron ore from its mine in central Sierra Leone, the country’s first export of the commodity after almost 30 years. The 40,000 metric ton

Drought, mining doubts hit Mauritania economy: IMF

Mauritania's current economic growth rate is not high enough to significantly dent poverty and the country will next year face the twin challenge of drought and uncertainty over mining revenues, the International Monetary Fund said.
Gold bars

Eurasian Development Bank to Lend $100M to Gold Miner

The Eurasian Development Bank, a state-run joint venture between six former Soviet republics, has agreed to lend about $100 million to a Kazakh gold miner to help boost output of the precious metal in the Central Asian country.
A security guard walks past a shipment of copper in a file photo.

Dubai firm plans $500 mln copper smelter in Tanzania

Dubai-based City Energy & Infrastructure LLC plans to build a copper smelter and sugar plant in Tanzania over the next three years at a total investment of $500 million, a senior company official said on Monday.
International Business Times Logo

Mongolian Supreme Court Orders Govt to Enforce Mining Ban

Mongolia's Supreme Court has ordered the government to enforce a ban on mining in river and forest areas following an appeal submitted by activists who said the country's fragile environment was threatened by reckless mining.
Man looks at a stock quotation board outside a brokerage in Tokyo

Fresh Delay in Euro Debt Deal Prompts Cautious Trading

Stocks bounced on Friday after France and Germany said a comprehensive euro zone debt deal was on its way, if a little late, although a weaker euro and rising bund futures suggested not everyone was convinced.
Man looks at a stock quotation board outside a brokerage in Tokyo

Asian Markets Cautious Ahead of European Summit

Asian shares inched up while the euro clung to overnight gains on Friday, but markets largely stayed within range, as investors awaited a weekend meeting of European leaders for signs of progress in resolving the region's debt crisis.
Mineworkers

Zambia suspends issuance of new mining licences

Zambia has suspended the issuance of new mining licences to root out potential corruption and clean up the process, the mines minister in Africa's top copper producer said on Thursday.
Grasberg mine

Striking Miners to Return to Work at Grasberg Gold Mine

Miners at Freeport Indonesia will end a month-long industrial action and blockades at the world's second-biggest copper mine if the firm scraps sanctions against striking workers and considers a five-fold pay hike, the union said on Thursday.
International Business Times Logo

Taseko Mines' Plan for Gold Mine in BC Draws Fire

If Taseko Mines presses ahead with a plan to build a mine on aboriginal lands in British Columbia it could harm the Canadian province's plans to expand the mining sector, a native leader said on Wednesday.
International Business Times Logo

UN draft resolution would hit Eritrea mining

Mining companies would be banned from investing in Eritrea's potentially booming minerals sector under a draft U.N. resolution that Security Council members are due to start negotiating on Tuesday.

Pages

  • Prev
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • Next

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.