MINING.COM

Ivanhoe Australia turns into nice little earner earlier than scheduled, still on the chopping block

Ivanhoe announced on Thursday its Australian project is producing copper and gold ahead of schedule. Last week the company said Ivanhoe Australia is on the chopping block as its mega-mine in Mongolia requires all its financial resources.

Frik Els | March 8, 2012 | 11:55 pm

Mexico leads Latin America’s exploration expenditures

Mexico’s exploration expenditures are the highest in Latin America, reaching a record high of almost US$1 billion in 2011, says the latest report released by the Metals Economics Group’s (MEG), a think tank based in Halifax, Canada.

Cecilia Jamasmie | March 8, 2012 | 3:19 pm

Indonesia mine rule applies to all, not just aimed at Freeport – minister

The country's deputy energy and mining minister says the new regulation that changes the rules on foreign ownership of mines applies to all companies and is not aimed specifically at Freeport McMoRan.

Mineweb | March 8, 2012 | 11:27 am

Hudbay’s cash grows 42% in fourth quarter

Hudbay Minerals (TSE:HBM) rang in the fourth quarter with a $34.3 million profit or 21 cents per share, compared to $7.9 million or seven cents a share at the end of 2010.

MINING.com Editor | March 8, 2012 | 6:42 am

Indonesia rule change rattles foreign mine owners

Indonesia will take more of the profits from its vast mineral resources by limiting foreign ownership of mines in a move likely to scare off new investment in the world's top exporter of thermal coal and tin.

Reuters | March 7, 2012 | 3:28 pm

Kagara lays off 130 employees after posting A$48.9 million loss

Queensland base metal miner, Kagara Mining, said 130 of its staff were becoming redundant after the company posted an A$48.9 million loss in the first half of its financial year.

Michael Allan McCrae | March 6, 2012 | 11:07 pm

South American mining boom is now in the rearview mirror: Citigroup

In Latin America the decade-long bull run for mining and hydrocarbons is mostly behind us, according to Jason Press, a regional specialist analyzing equities for Citigroup.

Michael Allan McCrae | March 6, 2012 | 8:08 pm

Chile Copper Giant Codelco to invest over US$4.3 bln in 2012

Chilean state giant Codelco, the world's biggest copper producer, plans to invest over US$4.3 billion this year, said the company’s president Diego Hernandez said on Tuesday

Cecilia Jamasmie | March 6, 2012 | 4:58 pm

Body blow for mining heavyweights as China growth expected to slow to near decade low

The mining sector's bellwether companies were all beaten down on Monday after China's premier Wen Jiabao delivered a downbeat outlook for the world's second largest economy adding that there were "new problems" to deal with.

Frik Els | March 5, 2012 | 6:44 pm

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Ivanhoe Australia turns into nice little earner earlier than scheduled, still on the chopping block

Mexico leads Latin America’s exploration expenditures

Indonesia mine rule applies to all, not just aimed at Freeport – minister

Hudbay’s cash grows 42% in fourth quarter

Indonesia rule change rattles foreign mine owners

Kagara lays off 130 employees after posting A$48.9 million loss

South American mining boom is now in the rearview mirror: Citigroup

Chile Copper Giant Codelco to invest over US$4.3 bln in 2012

Body blow for mining heavyweights as China growth expected to slow to near decade low

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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