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Copper: Codelco has been hit by a fatal accident
Codelco, the Chilean state-owned company struggling to maintain its title as the world's largest supplier of copper, is set to experience a drop in production as operations slowly resume after a fatal accident at one of its mines. "There will probably be a slight...
Alcoa makes $2.2 billion bid for Australian partner Alumina Ltd
US aluminium producer Alcoa Corp. has made a $2.2 billion bid to acquire Australian joint venture Alumina Ltd. in order to consolidate ownership of key upstream assets ahead of an increase in long-term demand for the metal. The offer represents a premium of about 13...
Copper: biggest weekly loss since September
LME copper headed for its biggest weekly loss since September on concerns about demand from major consumer China and a flat US dollar. Three-month copper on the London Metal Exchange settled at $8,203/mt, down 0.28% (11:10am Italy time) from the previous day's close...
Uranium: price jumps to 15-year highs as major miner reports production deficit
Uranium prices jumped on Friday to almost 15-year highs after the world's largest producer, Kazakhstan's Kazatomprom, warned that it will probably miss its production targets in the next two years. The producer cited sulphuric acid shortages and delays in the...
