Jiangxi Copper said that it has agreed with Freeport-McMoRan and another company on a 10% rise in treatment charges and refining charges of copper concentrates for 2013.
The Kimberley Process, ensuring good origins of diamonds, imposes restrictions prohibited by the WTO, but the latter agreed in 2003 to grant exemptions to the process' members.
According to Bloomberg, Chinese ore imports totaled 65.78 million metric tons in November, down 4.6% YoY. Stockpiles at China's major ports declined 3.3% to 71.32 million metric tons as of December 21.
For the fiscal year ended September 30, 2012, Orvana Minerals Corporation posted production of 55,929 ounces of gold, 15.4 million pounds of copper, 716,280 ounces of silver and 636,810 pounds of lead.