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Add German complications to Papua New Guinea problems for Nautilus undersea mine

The Toronto-based company said in the report it continues to engage the government of PNG in legal proceedings held in Sydney Australia but that it has run into trouble with its German partners building a surface vessel for the operation which would lead to delays.

Frik Els | August 2, 2012 | 2:53 pm

Dilution ahoy! Nautilus offers major investors new shares for less than 52-week low

Nautilus Minerals dropped 7.3% to $1.02 in late-afternoon trade on Wednesday, after the Toronto-based firm announced that it is raising $34 million from its major shareholders at 90c a share to build its seabed mining system.

Frik Els | August 1, 2012 | 9:08 pm

No more queuing – LME embarks on warehouse review

LME's warehousing operations "have been dogged by controversy since big banks and trading houses including Goldman Sachs and JP Morgan Chase bought warehousing operations."

Frik Els | August 1, 2012 | 7:04 pm

BHP’s performance on the ground fails to lift shares off 3-year lows

The stock hit a high of $50 in May 2008 and came close again in April 2011, but at $170 billion, the Melbourne-based company is now valued at some $80 billion less that at its peak.

Frik Els | August 1, 2012 | 6:22 pm

Barrick stock falters after S&P downgrades over Pascua-Lama ‘execution risks’

Barrick announced last week a 50-60% cost blow-out for the copper-gold-silver project straddling the Chile–Argentina border which could end up with a final bill of as much as $8 billion with $3 billion already spent.

Frik Els | August 1, 2012 | 2:20 pm

Retreating ice reveals huge riches in Greenland

Business Insider has the story about Greenland and global warming, which is peeling back thick ice and uncovering vast mineral wealth.

Michael Allan McCrae | July 31, 2012 | 9:15 pm

Dour mining report substantiates warnings of an Australian resource sector slowdown

A report indicating weak sentiment on the part of Australian mining companies would appear to substantiate warnings that Australia's flourishing resources sector is headed for a slowdown.

Marc Howe | July 31, 2012 | 4:03 am

Dud investments the norm for China’s state-owned companies, says former Rio Tinto exec

People should stop worrying about Chinese businesses buying up resource companies in Australia because the Chinese are no good at investing, says former Rio Tinto executive, Michael Komesaroff.

Marc Howe | July 30, 2012 | 5:56 pm

Fresh doubts over Olympic Dam as BHP freezes hiring

BHP's board was to make a decision on the $30 billion project this year, but a newspaper report over the weekend said a decision will not be made until 2014 and BHP's uranium division "confirmed the deferral and said a recruitment freeze was now in place".

Frik Els | July 30, 2012 | 12:32 am

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Add German complications to Papua New Guinea problems for Nautilus undersea mine

Dilution ahoy! Nautilus offers major investors new shares for less than 52-week low

No more queuing – LME embarks on warehouse review

BHP’s performance on the ground fails to lift shares off 3-year lows

Barrick stock falters after S&P downgrades over Pascua-Lama ‘execution risks’

Retreating ice reveals huge riches in Greenland

Dour mining report substantiates warnings of an Australian resource sector slowdown

Dud investments the norm for China’s state-owned companies, says former Rio Tinto exec

Fresh doubts over Olympic Dam as BHP freezes hiring

Copper

1 Week

1 Month

3 Months

6 Months

1 Year

5 Years

Historical

Nickel

USD/lb

Aluminum

USD/lb

Zinc

USD/lb

Lead

USD/lb

Aluminum Alloy

USD/lb

Tin

USD/lb

Aluminum 3M Futures

USD/t

Copper 3M Futures

USD/t

Lead 3M Futures

USD/t

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