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.

The Oppenheimers, the dynasty involved in South Africa's diamond industry for a century, sold their 40 percent stake in De Beers to Anglo American.

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.

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.

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.

Freeport McMoRan Copper & Gold and its Indonesian union are discussing a possible pay deal to end a three-month strike that has crippled output from the world's second biggest copper mine, which would double pay for some skilled workers.

Canada's competition watchdog has cleared global miner Rio Tinto's C$654 million ($630 million) takeover offer for Hathor Exploration , Rio Tinto said on Wednesday.

Australia’s plan to impose a 30 percent tax on its booming iron ore and coal sectors cleared its biggest political hurdle on […]

Nov 16 (Reuters) - BHP Billiton Finance Ltd on Wednesday sold $3 billion of three-part notes, said IFR, a Thomson Reuters service. Barclays Capital and J.P. Morgan were the joint bookrunning managers for the sale. BORROWER: BHP BILLITON FINANCE LTD...

Goldcorp said on Monday that the Quebec government has given the green light to its Eleonore project, allowing Canada's second largest gold producer to start full construction at the mine in Northern Quebec. The project, which is located in the James Bay region of Quebec, is expected to boost Goldcorp's output by 600,000 ounces of gold a year, with cash costs under $400 per ounce.

Reuters reported that copper surged almost 2% bolstered by a weaker dollar, the better political situation in Italy and a pickup in Chinese bank lending. Benchmark copper on the London Metal Exchange (LME) closed at $7,639 a tonne, about 2 percent up from a last bid at $7,475 on Thursday and the first move up this week.