Broking firm Kotak Commodity Services gave following outlook on base metals segments: Copper - MCX Copper may note some decline tracking slight retreat in international markets, however the downside. LME Copper trades slightly lower ...
Reuters reported that demand for base metals in India could rise next week, particularly for copper and zinc, helped by a surge in construction activity and on higher buying of geysers and other heating equipment as winter sets in. ...
Tags: demand for base metals, copper and zinc, heating equipment
Bloomberg reported that the International Monetary Fund halted the Democratic Republic of Congo's USD 532 million, three year loan program after the government failed to publish details of a 2011 mining deal. The lender, based in ...
Tags: contract mining, no credit loans, copper market, copper ore mining
It’s not India but China and Iran that Steel Authority of India Ltd might be serving initially from the iron ore mine at Hajigak in Afghanistan for which negotiations are at a final stage and signing of the project likely to happen in ...
Tags: iron ore mine, steel, iron ore, ore
Mr Thomas Keller CEO of Corporación Nacional del Cobre de Chile said that China's commitment to urbanization and industrialization should give the global copper market a healthy boost in the coming years. Mr Keller said that ...
Tags: copper market, iron ore price news, copper tube sizes, copper scrap
PepinNini Minerals has started drilling the Yagen Prospect in the west Musgrave Province, South Australia which hosts electro magnetic conductivity anomalies similar to those at the Byron Prospect. This drilling along with ground ...
Tags: mining gold, mining exploration, scrap gold, copper ore mining
Frontier Resources has been awarded two exploration licences on New Britain Island, Papua New Guinea that are prospective for copper and gold. The two licences cover a total of 2,780 square kilometers and are mostly unexplored though the ...
Tags: scrap gold, mining gold, gold price, gold market
Quintessential Resources has completed its AUD 1.77 million raising to accelerate exploration of its Bismarck copper and gold project in Papua New Guinea. The company will start a 1,000 meter diamond drilling program at the Irak Prospect ...
Tags: mining gold, gold price, gold market, gold per gram
Mr John Rickus President & CEO at Kincora Copper said that the company continues to drill and is consistently finding evidence of copper. The strategy remains to further the drill campaign until it finds a large deposit that it believes is ...
Base metals at LME posted major recovery last week on signs of improved demand for the industrial metal from China and the US highlighting market's belief that demand is going to be significantly improved in 2013. London Metal Exchange ...
Reuters reported Myanmar's president asked opposition leader Ms Aung San Suu Kyi to head an investigation into the planned expansion of a copper mine that has led to evictions and protests that were forcibly put down by riot police this ...
Reuters reported that London and Shanghai copper prices hit their highest in nearly 7 weeks cheered by news that China is seeking more effective policies to ensure stable economic growth. Concerns about the budget talks in Washington were ...
Tags: copper market, scrap metal price, copper scrap, copper price
IRIS reported that Broking firm Kotak Commodity Services gave following outlook on base metals segments: Copper - MCX Copper may trade under pressure amid stronger Indian rupee and rangebound movement in international market. LME Copper ...
Tags: base metals, international market, rangebound movement
PTI reported that leading bourse BSE has halved the circuit limit for the Hindustan Copper scrip capping its maximum movement in a day at 10% even as the stock continued its downward trend on the bourses for the third consecutive day. The ...
Tags: BSE, copper scrip, lowers circuit
Reuters reported that Chilean manufacturing production surged in October beating expectations and posting its biggest annual gain in 2012 on the back of extra working days and a pick up in already buoyant domestic demand. The government ...
Tags: manufacturing production, domestic demand, world No.1 copper producer