Copper Stock Articles

Mining engineer appointed to get Nifty mine humming

13 November 2018 / Staff reporter

Amerigo MVC plant ramp-up on courseSPONSOREDamerigo resourcesMarantelli, who came onto the Metals X board in September, has more than 40 years' experience in the mining sector, including the past 18 years running openpit and underground mines in Australia, Turkey, Spain, Zambia, Canada and Mexico.His job will be to get the Nifty underground mine to a run-rate of circa-40,000 tonnes per annum of co...Read More

Euro Sun rises on licence ratification

13 November 2018 / Staff reporter

DR Congo: Is government intervention the real risk to watch?SPONSOREDverisk maplecroftKyzyl ramp-up signals new growth path at buoyant PolymetalSPONSOREDpolymetal internationalNew Energy brings experience to new dawnSPONSOREDnew energy mineralsBezant's Mankayan back in copper-gold spotlightSPONSOREDbezant resourcesThe company said the mining licence was signed by Romania's prime minister Viori...Read More

Rhyolite Ridge PFS beats expectations

13 November 2018 / Staff reporter

That's the scenario outlined by ASX-listed ioneer, formerly Global Geoscience, in the much-anticipated prefeasibility study for its Rhyolite Ridge lithium-boron project in Nevada, released late last month.Potentially more impressive to a market still trying to recover its risk appetite is that the economics remain robust at levels well below those at which lithium currently trades.ioneer has ridde...Read More

Euro Sun gets mining license for Rovina in Romania

Nov. 12, 2018, 1:07 PM / Northern Miner Staff

Euro Sun Mining (TSX: ESM) has become the first non-state-owned entity to receive a ratified mining licensce for its Rovina Valley copper-gold project in Romania, signaling that the East European nation is open for business, the company says.The mining company will now embark on an Environmental and Social Impact Assessment (ESIA), and continue its work on a feasibility study on the project, whic...Read More

Crude Oil Prices - Weekly Outlook: November 12 - 16

November 12, 2018 / Staff reporter

Investing.com - Oil traders are likely to stay fixated on rising global crude supplies in the week ahead, after prices suffered their fifth straight weekly loss and plunged into bear market territory.Global oil prices are down by around 20% since early October, buffeted by signs of growing output from key producers, mainly the U.S., Saudi Arabia and Russia, and indications of a global economic slo...Read More

Gold / Silver / Copper Prices - Weekly Outlook: November 12 - 16

November 12, 2018 / Staff reporter

Investing.com - This week precious metals traders will be focusing on U.S. inflation data after the Federal Reserve indicated that it is on track to hike interest rates again in December and early next year.Wednesday’s inflation data is expected to show that U.S. consumer prices rose in October. Investors will get another update on the health of consumers from Thursday’s retail sales n...Read More

US STOCKS-Oil slide, China worries send Wall Street tumbling

November 12, 2018 / Staff reporter

* Falling oil prices stock growth worries* Industrial, material shares suffer on China growth worries* U.S. producer prices rise more than expected in October* Tobacco shares fall on e-cigarette restriction worries* Indexes down: Dow 0.77 pct, S&P 500 0.92 pct, Nasdaq 1.65 pct (Updates to close, adds commentary)By Sinéad CarewNEW YORK, Nov 9 (Reuters) - Wall Street's three major stock i...Read More

DIARY-Emerging Markets Economic Events to Dec 18

Nov 12, 2018 / Reuters

Nov 12 (Reuters) -For other diaries, please see:Top Economic EventsM/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt AuctionsD/DIARYPolitical and General NewsPOL/DIARYU.S. Federal ReserveFED/DIARYToday in WashingtonWASH/DIARY ----------------------------------------------------------- This Diary is filed daily. ** Indicates new events -----------------------------------------------...Read More

Iron ore's growing scrap threat

12 November 2018 / Staff reporter

Perhaps even more ironic, much of the BHP train wreck on the line to Port Hedland in Western Australia, including wagons and pieces of the locomotives, could end up in a Chinese scrap-metal yard and become part of a growing scrap problem for iron ore miners. One recent estimate is that 70-80 million tonnes of iron ore could soon be displaced by the rising tide of scrap in China, which is used...Read More

Resolution Copper destroys historic smelter in Arizona

Nov. 11, 2018, 7:00 AM / Valentina Ruiz Leotaud

Resolution Copper, a joint venture between giants Rio Tinto and BHP Billiton, demolished a 94-year-old copper smelter stack that belonged to the Magma Mine, now the Resolution Copper Mine near the Arizonian town of Superior, some 60 miles east of downtown Phoenix.According to the company, the chimney stack was structurally unsound and posed a significant threat to safety. "In addition to proactive...Read More

UPDATE 2-U.S., EU denounce dissolution of Sri Lanka parliament

November 11, 2018 / Staff reporter

* Sirisena calls election for Jan. 5* Political crisis deepens after dissolution of parliament* Western nations concerned about instability* President sides with pro-China strongman (Updates with comment from the EU)By Shihar Aneez and Ranga SirilalCOLOMBO, Nov 10 (Reuters) - Sri Lanka President Maithripala Sirisena's decision to dissolve parliament, worsening an already major political crisis, ha...Read More

Albania picks group led by India Power for solar plant

November 11, 2018 / Staff reporter

By Benet KolekaNov 10 (Reuters) - Albania's government picked a group led by India Power DPSC.NS Corporation Ltd. to build the Adriatic country's first solar power station worth 70 million euros ($79.34 million) with a capacity of 100 MW, the Energy Ministry said on Saturday.The offer by India Power, Mining Resources FZE based in the United Arab Emirates and the Hong Kong-based Midami Ltd. was the...Read More

MEDIA- Airbus order tally shows biggest Neo customer, IndiGo, upgraded 125 jets- Bloomberg

November 11, 2018 / Staff reporter

NEW DELHI, Nov 10 (Reuters) - -- Source link: https://bloom.bg/2JZlhGV -- Note: Reuters has not verified this story and does not vouch for its accuracyRead More

DIARY-Emerging Markets Economic Events to Dec 18

Nov 11, 2018 / Reuters

Nov 10 (Reuters) -For other diaries, please see:Top Economic EventsM/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt AuctionsD/DIARYPolitical and General NewsPOL/DIARYU.S. Federal ReserveFED/DIARYToday in WashingtonWASH/DIARY ----------------------------------------------------------- This Diary is filed daily. ** Indicates new events -----------------------------------------------...Read More

UPDATE 14-Oil falls 1 pct, U.S. crude on longest losing streak since 1984

November 10, 2018 / Staff reporter

* U.S. crude down 22 pct from October peak, Brent down 20 pct* Iran sanctions impact dampened by broad exemptions* U.S., Russia, Saudi crude output: https://tmsnrt.rs/2Rua0R8* Asia gasoline margins turn negative: https://tmsnrt.rs/2PNUIcZ (New throughout, updates prices and market activity, adds CFTC data)By Devika Krishna KumarNEW YORK, Nov 9 (Reuters) - Oil prices fell nearly 1 percent on Friday...Read More

India clears sale of "enemy shares" held by people who moved to Pakistan

November 10, 2018 / Staff reporter

By Sanjeev MiglaniNEW DELHI, Nov 9 (Reuters) - India's government said it will sell stocks worth millions of dollars seized from people who moved to Pakistan following partition in 1947 and the wars since, as a way to make up for a shortfall in revenues.The stocks worth at least 30 billion rupees ($412.26 million) are part of what India calls "enemy properties" that once belonged to people who wen...Read More

Indian shares edge lower as IT, energy stocks drag

November 10, 2018 / Staff reporter

* NSE index down 0.2 pct, BSE index 0.1 pct lower* IT, energy stocks drag; financials top boostNov 9 (Reuters) - Indian shares closed slightly lower on Friday, dragged by top IT and energy stocks, while gains in the financial and consumer counters arrested the downside.The benchmark BSE index .BSESN fell 0.22 percent to 35,158.55, while the broader NSE index .NSEI declined 0.12 percent to 10,585.2...Read More

Gold Prices Fall Amid Inflation Concerns

Nov 10, 2018 / Investing.com

Investing.com - Gold prices slumped on Friday as inflation data pointed to steady interest rate increases by the Federal Reserve.Comex gold futures for December delivery fell 1.17% to $1,211.90 a troy ounce as of 11:11 AM ET (16:11 GMT).The producer price index (PPI) increased 0.6% in October. The higher-than-expected numbers support the Fed’s gradual rate increase policy, which helped boost...Read More

US STOCKS-Wall St drops on China concerns, oil slide

Nov 10, 2018 / Reuters

* Walt Disney (NYSE:DIS) gains on strong Q4 results* General Electric (NYSE:GE) falls after J.P. Morgan cuts PT* U.S. crude in bear territory, below $60 a barrel* Indexes down: Dow 0.58 pct, S&P 0.74 pct, Nasdaq 1.10 pct(Updates to open)By Sruthi ShankarNov 9 (Reuters) - U.S. stocks fell on Friday, with shares of technology, energy and industrial companies bearing the brunt of a selloff, a...Read More

US STOCKS-Global growth worries set to weigh on Wall Street at open

Nov 10, 2018 / Reuters

* Walt Disney (NYSE:DIS) gains on strong Q4 results* General Electric (NYSE:GE) falls after J.P. Morgan cuts PT* U.S. crude in bear territory, below $60 a barrel* Futures down: Dow 0.55 pct, S&P 0.58 pct, Nasdaq 0.91 pct (Changes comment, adds details, updates prices)By Sruthi ShankarNov 9 (Reuters) - U.S. stocks were set to fall at the open on Friday, as a batch of weak Chinese data raise...Read More

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