Posts by Mineweb:

Cuts in COMEX gold, silver longs, copper shorts

The past week saw money managers, hedge funds etc. cutting their long positions in gold and silver as safe haven buying failed to materialise, alongside trimming copper shorts. Money managers, including hedge funds and other large speculators, slashed

Rio said to be looking at 1bn Portuguese iron ore project

Sources are reported as saying that mega miner Rio Tinto is looking at reopening Portugal's Torre de Moncorvo iron ore mines in the country's north. Mining giant Rio Tinto is negotiating with Portugal's government for a concession to mine iron ore in the

Outotec recognized again in Carbon Disclosure Leadership Index

For the third consecutive year Outotec is included in the Nordic Carbon Disclosure Leadership Index, which highlights companies with the most professional approach to climate change disclosure practices. Outotec received 81 out of 100 points and was

Amerigo posts lower Q3 copper/molybdenum output

Amerigo Resources, which produces copper and molybdenum from tailings from Codelco's giant El Teniente mine in Chile, saw sharp 3Q falls in production of both metals, but says will be back on track in Q4. (Reuters) - Canadian copper and molybdenum

Chinalco to buy 45 mln T of Tavan Tolgoi’s coking coal

Chinalco signed a contract with Mongolian miner Erdenes MGL in July for the purchase of 45 million tonnes of Tavan Tolgoi's coking coal over the next three years, and the first delivery of coal to China was made this week. Aluminium Corp of China Ltd