Metal Minings News

Southwestern Resources Corp. announce that Hochschild Mining plc has acquired Newmont Mining Peru Limited’s direct and indirect 50% interest in the Liam Regional Joint Venture and certain other related assets for total consideration of …

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Southwestern Resources Corp.: New Liam Joint Venture Partner

According to a newspaper article in the Huntington Herald Dispatch, it appears that the Ohio Valley Environmental Coalition has settled its lawsuit objecting to the extension of the Hobet 21 mine. It will now seek attorney fees. …

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Settlement in Mountaintop Mining Case

Seasonal slow demand, rising stocks and expectations the dollar will pick up pulled copper lower Monday, with the red metal struggling, having earlier hit a 4.5 month low. Copper has lost almost 10 percent since the start of the month as demand weakened amid summer trading conditions, and as stocks, as tracked by the LME, have risen …

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Metals - Seasonal slow demand, high stocks send copper to 4.5 month low

Copper prices touched a high of $7700 on the LME and Rs. 335.30 on the MCX yesterday. Inventories for the red metal declined marginally by 25 tonnes yesterday. Hence, yesterday’s inventory impact on copper was neutral. Aluminum prices …

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Base Metal Prices Outlook Aug 21

FG Approves N9bn For Power, Education, Mining. August 21, 2008. The Federal Executive Council (FEC) yesterday approved various contracts covering power, education and mining in the sum of about N9 billion. …

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FG Approves N9bn For Power, Education, Mining