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World’s largest coal miner looking to buy metal mines abroad

Coal India's plan to diversify into mining metals such as copper and nickel with no prior experience is being seen by analysts as a long-term strategy to firm up revenues, with no immediate results in sight.

Reuters | September 29, 2017 | 2:00 am

Freeport can seek extension for Grasberg permit talks -minister

Indonesia’s mining minister said on Thursday that Freeport McMoRan Inc could request an extension of six months to renegotiate rights to Grasberg.

Reuters | September 28, 2017 | 12:53 pm

Petra Diamonds’ shares sparkle as its solves labour disputes in South Africa

Company reached wage agreement with the main union at two of its mines in South Africa. Workers will return to work on Friday.

Cecilia Jamasmie | September 28, 2017 | 7:11 am

Chile sees no obstacle to Albemarle request to hike lithium output cap

Albemarle said it could invest $1-billion in Chile over the next 5 years if request to the government to let it extract 125,000 tonnes per year is approved.

Reuters | September 28, 2017 | 2:14 am

Indonesia’s Freeport victory sets tone for foreign miners

After months of negotiating with U.S. giant Freeport-McMoRan Inc, minister Ignasius Jonan secured majority local ownership of Grasberg gold and copper mine.

Reuters | September 27, 2017 | 10:22 am

Petra jumps on Tanzania letting it resume diamond exports

Stock closed 12.2% higher at 64.80p, after it had fallen on Tuesday to its lowest since late 2015.

Cecilia Jamasmie | September 27, 2017 | 9:39 am

Brazil’s president revokes decree allowing mining in Amazon

It would have opened up for mining a vast national reserve in the country’s Amazon, larger than the size of Switzerland.

Cecilia Jamasmie | September 26, 2017 | 6:55 am

BHP says 2017 a ‘tipping point’ for electric cars

Arnoud Balhuizen, head of marketing at BHP, said the impact of the looming electric vehicle boom for raw materials producers would be felt first in the metals markets and only later in oil.

Cecilia Jamasmie | September 26, 2017 | 3:09 am

Copper claws back lost ground after four-day run lower

Copper rose on Tuesday, snapping four straight days of losses as a rally in oil prices to more than two-year highs boosted commodities more broadly, and on longer-term expectations that demand will grow and supply remain constrained.

Reuters | September 26, 2017 | 2:10 am

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World’s largest coal miner looking to buy metal mines abroad

Freeport can seek extension for Grasberg permit talks -minister

Petra Diamonds’ shares sparkle as its solves labour disputes in South Africa

Chile sees no obstacle to Albemarle request to hike lithium output cap

Indonesia’s Freeport victory sets tone for foreign miners

Petra jumps on Tanzania letting it resume diamond exports

Brazil’s president revokes decree allowing mining in Amazon

BHP says 2017 a ‘tipping point’ for electric cars

Copper claws back lost ground after four-day run lower

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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