COPPER

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.

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.

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.

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.

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.

Futures drop With Commods After Yen Intervention

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.

Pages

Gold bar

Gold helps lift TSX as euro deal optimism fades

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.
Barrick Gold Corp. mining

Barrick Gold's 3Q Profit Jumps 52%

Barrick Gold Corp. said Thursday its third-quarter profit jumped 52 percent as higher prices offset lower production. The world's biggest gold miner also increased its dividend.
IBTimes 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.
EDITOR'S PICK