COPPER

Zambia election

China Nervously Watches Zambia's Election

Zambia held presidential elections Tuesday, but two days later only 85 of the country's 150 constituencies have reported results, sparking wide-scale unrest in the country and again bringing up fraud allegations. While all eyes are on Zambia, one nation's gaze is especially fixed: China.

Anglo Asian Mining to Start Work in Azerbaijan

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Anglo Asian Mining plans to start work at the Gosha gold mine in Azerbaijan in the second half of 2012 after the successful launch of production at the neighbouring Gedabek mine, the company said in a statement on Thursday.
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A mother casts her vote during the Zambian presidential election,

Zambians vote in 'King Cobra vs RB' election

Zambians voted on Tuesday in a closely contested election between President Rupiah Banda and opposition leader Michael Sata, who has been a critic of foreign investment in Africa's biggest copper producer, most notably from China.
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Mongolian Investment Limits May Be Loosening - Report

The Mongolian government is discussing possible changes to a 2009 investment agreement for its massive copper-gold deposit at Oyu Tolgoi, media reports quoted the country's Finance Minister S. Bayartsogt as saying on Tuesday.
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Mongolia's President Defends Mining Ban

Mongolia's law banning mining in the country's river and forest areas is necessary to protect the mineral-rich Asian country's environment and herdsmen's livelihoods, President Tsakhia Elbegdorj said on Monday.
Zambian opposition leader Michael Sata leaves an election results centre in Lusaka

Zambia deploys police on eve of close election

Zambia's police chief deployed thousands of officers across the southern African country on Monday, the eve of a closely contested election between incumbent Rupiah Banda and nationalist opposition leader Michael Sata.
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Peruvian Miners Agree to End Strike

Workers at Peru's Cerro Verde mine, which yields 2 percent of the world's copper, agreed to end an indefinite strike they began last week, but may down tools again on Sept. 27, a union leader said Monday.
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Freeport McMoRan's Indonesian Workers Returning to Work

More than a thousand workers have returned to Freeport McMoRan Copper & Gold's strike-hit Indonesia mine, the company said on Monday, leading the union to say some production has restarted at the world's third-biggest copper mine.
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Foreign Investors Eyeing Mongolian Gold

Foreign investors in mineral-rich Mongolia hope parliament will revoke a controversial law banning mining in the country's river and forest areas when it convenes for its busy autumn session next month.
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Don't Worry about Higher Royalties in Peru - Miner

A drive by Peru's leftist president to raise mining royalties should not derail multibillion-dollar investments, industry executives said, but they added that the final law must reflect the spirit of negotiations with companies.
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Foreign Miners Being Attracted to Philippines

Foreign investors are bullish in pursuing mining ventures in the Philippines, with few signs of a slowdown in mineral demand from Asian neighbors such as China, but policy bottlenecks are hampering a faster flow of investments to the sector.
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Freeport McMoRan's Grasberg Operations Come to Halt

Production and shipments ground to a halt at Freeport McMoRan's Grasberg copper mine in Indonesia after thousands of workers began a month-long strike on Thursday, stoking fears of a global shortage following similar action at a major Peruvian mine.
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Peruvian Mining Company Workers Launch Strike

Workers at Peru's Cerro Verde mine, which accounts for about 2 percent of global copper output, started an indefinite strike for better pay and benefits on Wednesday, a union leader said.
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European Stock Index Futures Rise off Seven-Month Low

European index futures rose and the euro edged off a seven-month low on Tuesday after a report that Italy may get financial support from China sparked a bout of short-covering but did nothing to ease fears that Europe is sliding into another banking crisis.
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Commodity imports shows China economy resilient

China's key commodity imports, including crude oil, copper and iron ore, all climbed in August from the previous month, adding to evidence that demand in world's second-largest economy was still going strong despite the economic turmoil in the West.
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European Markets Start Trading Day Down

European shares fell early on Friday, tracking Wall Street's Thursday losses, after U.S. Federal Reserve chairman Ben Bernanke gave no indications of new stimulus measures.

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