Copper – Reuters reported that the labor contract at Chile-based Codelco's Chuquicamata mine will expire at the end of February 2013, but CEO Thomas Keller is hopeful that a new deal will be reached by the end of this year.
Copper – Northland Resources S.A. (TSX:NAU) announces that it to begin the implementation phase of the Kaunisvaara project and to start the Definitive Feasibility Study for the Hannukainen project.
Iron Investing News reports iron seem to have strong signs in the economy. Rio Tinto has completed the sale of its Corumba iron ore mine in Brazil to mining giant Vale SA for a cash consideration of $750 million. The Corumba sale, which was agreed in January, includes a potash project in Argentina and exploration [...]
Aluminum Investing News reports aluminum dumping is investigated recently by Australia. Australia is investigating the alleged dumping of aluminum extrusion products by China, the world’s largest producer of aluminum, after a formal complaint was filed by a domestic producer. For complete story, click this link. Follow developments in resource mining and exploration for free. Sign [...]
Iron Investing News reports iron market moving towards a gloomy start. “We need to recognise the fundamentals of the market. The market would show that it does need a downward adjustment this year,” said Sam Walsh, head of Rio’s iron ore division. But given the potential for a recovery in industrial demand at some stage [...]
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