Sulphur squeeze spells trouble for Congo’s miners

September's Precious Metals Summit at Beaver Creek, followed hard by the Denver Gold Forum, brought a huge chunk of the gold mining and investing community to Colorado.

Protesters are demanding management to review safety conditions following a fatal accident on Sept. 27.

In the official opening the firm said it expected to start shipping from Sierra Gorda in November

The standoff marks a major setback for the miner, which is in the process of upgrading its copper assets in Zambia hoping to increase output by at least 50% by 2017.

Fresh selling sees gold price end September down 6% vs historical average gain of 3%, silver tanks 13%, platinum drops 9% and palladium collapses 15% over the course of the month.

It would also create a a 15-kilometre long ‘‘super pit’’ from the union of Rio’s Mount Thorley Warkworth and Glencore’s Bulga open-pit mines.

30,000 tonnes of copper concentrate were sent out Monday.

This is the first fee hike since Hong Kong Exchanges & Clearing Ltd. acquired LME for $2.2 billion in 2012.

With 24 million cubic metres of water and tailings flushed downstream of the Mount Polley gold and copper mine, the company’s biggest challenge now is to keep the remaining tailings and water contained.