Gold fell on Tuesday but remained range-bound around $1,600 as investors stayed on the sidelines in the final week of the year, subdued by concerns about the euro zone debt crisis. Recent U.S. economic data had spurred a rally in riskier assets includi...
LONDON, Dec 22 (Reuters) – The inflows into gold-backed exchange-traded funds that helped drive bullion demand sharply higher during the financial crisis […]
Europe's No.2 copper producer, KGHM, may make joint acquisitions with China Minmetals Corporation, KGHM Chief Executive Herbert Wirth said on Wednesday.
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.
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.
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.
Canada is reviewing a policy that restricts foreign ownership of uranium mines, but there has been no decision on revising those rules at this time, Natural Resources Minister Joe Oliver said on Friday.
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.
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.
Stock index futures fell on Friday with equities eyeing a seventh straight session of losses, their longest losing streak in four months, as investor fret about global growth and the euro zone's debt crisis.
