Metal Minings News

(Updates to close)SAO PAULO, (Reuters) - Brazil’s stock market had its biggest one-day rally in more than three months Wednesday as rising metals and oil prices helped lift shares of mining giant Vale, state-controlled Petrobras and …

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Brazil stocks surge most in 3 months, currency gains

Centennial, which booked a A$223 million profit from the sale of the Anvil Hill mine and its 86 percent stake in Austral Coal Ltd. last year, plans to start production at its new A$100 million underground coal mine …

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Australian Coal Mine Producer, Centennial Coal Co. Reported …

ArcelorMittal will pay London Mining Plc about $810 million for the mine, Luxembourg-based ArcelorMittal said today in a statement. It will also take an 80 percent stake in a port in Rio de Janeiro state for $40.5 million and will …

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Steelmaker Company, ArcelorMittal Acquire an Iron Ore Mine and …

Congress is unlikely to get guidance from states on creating a federal royalty on hardrock mining, according to a new federal audit that found little consistency among state programs. The…

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MINING: GAO finds little consistency in states' hardrock royalties

São Paulo, 20 - Following the $810 million sale to ArcelorMittal of London Mining’s Itaiaçu mine in Minas Gerais, announced Wednesday, the state is likely to become the stage for other deals involving small-scale mining assets over the …

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MINAS GERAIS STATE SET TO BE STAGE FOR MORE MINING INVESTMENT