KGHM looking to sell two US copper assets

Question of whether government should be industry overseer or collaborator is at centre of resource platforms of Liberals, NDP and Greens

Entrepreneur, financier and company-maker.

Rick sees a very interesting market, which flirted with an upside breakout, that failed.

The company had warned it would evaluate options for the mine, including walking away form it, if it didn’t receive the necessary permits.

The Russian miner wants to recover $271 million it lost when a state-backed company failed to complete the acquisition of a 50% stake in its Nkomati mine in South Africa.

The company has officially informed workers of its plans to offload the mine, noting that while there are several interested parties, the process could take months.

Prohibition only affects planned mines, not the ones currently in operations, but it will take effect immediately.

New World Bank outlook for commodities predict 32% price jump for zinc and 18% for copper and lead, but outlook for nickel price in 2017 is murky.

The miner said decision was unrelated to Elliott Management's call earlier this month to unlock shareholder value by spinning off about $22 billion of BHP's US oil assets.