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Mitsubishi seeks new partner for Aussie iron mine – Nikkei

Mitsubishi Corp said it plans to invite Chinese and South Korean steelmakers to participate in developing the Jack Hills iron ore mine in Australia after its joint venture partner decided to withdraw, Japanese business daily Nikkei reported.
Reuters | December 9, 2011 | 10:10 pm

BHP job changes, CEO comments, fan talk of asset sales

Management changes at BHP Billiton and comments by CEO Marius Kloppers have fanned speculation the world's biggest miner will try to sell less profitable assets to better exploit its crown jewels — iron ore, coal, copper, gas and potash.
Reuters | December 8, 2011 | 7:19 pm

Gold falls 1.5 percent on ECB disappointment

Gold fell on Thursday after the head of the European Central Bank played down expectations that the central bank would dramatically increase the measures it is using to fight the debt crisis, thereby undermining the euro.
Reuters | December 8, 2011 | 5:48 pm

Codelco enjoying one of its best years ‘ever’, profits jump to $5.3 billion

The world's top copper producer, Chile's Codelco, said on Friday it produced 1.25 million tonnes of copper in the nine months to September, up 3.5 percent from the same period last year. The state-run miner said pre-tax profits rose 37 percent during the January-September period from a year earlier to $5.3 billion. Codelco is having one of its best production years ever, and will beat its 1.7 million tonne output target for 2011, Chairman Gerardo Jofre told Reuters on Wednesday.
Reuters | November 25, 2011 | 6:10 pm

Codelco vows to guard "value" of Anglo option

World No.1 copper producer Chile's Codelco said on Friday it is open to negotiating a deal with global miner Anglo American that safeguards the "value" of a disputed asset option, but the two sides have yet to talk.
Reuters | November 25, 2011 | 5:28 pm

Peru government urges calm before Newmont protest

Peru's government urged opponents of Newmont Mining's proposed $4.8 billion Conga gold mine project to refrain from violence during a protest scheduled for today as President Ollanta Humala scrambles to solve the bitter dispute.
Reuters | November 24, 2011 | 12:22 pm

China’s Minmetals extends offer for Anvil to Dec 9

China's Minmetals Resources Ltd has extended its $1.3 billion takeover offer for Africa-focused copper miner Anvil Mining Ltd by two weeks to Dec. 9. This comes after Anvil warned last month that the offer may not be completed if the company failed to agree with its partner, state-owned Democratic Republic of Congo miner La Generale des Carriere et des Mines Sarl (Gecamines), on contractual arrangements.
Reuters | November 23, 2011 | 11:35 pm