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Could a potential deal between Grupo Mexico and Mitsui Group signal an increase in mining M&A activity?
BHP also says that FY2015 iron ore output is to rise a further 20mt to 245mt, along with stronger copper, metallurgical coal output.
Rising nickel outlook, output gains boosts Australia's Western Areas, Panoramic Resources and others.
It takes more than a cursory glance at Chinese metal/concentrate imports to gauge demand & health of China's economy.
Copper remains shy of the $7,000 per tonne mark, though otherwise has been quite strong.
Last week shipments of iron ore, lead and zinc concentrate left the country, after two firms agreed to pay a 20 percent export tax, an official said.
With Las Bambas, MMG would become the top Asian copper producer.
McEwen Mining takes another look at the carrying value of its Los Azules copper project.
The plan is for the Sierra Gorda mine to produce 217,000 tonnes of copper by 2018.
In a report released in Q1, the country’s mining chamber predicted that output in 2014 would inch up to 922,000 tonnes.
Iron ore rose 5% to 22.8 million tonnes while copper rose to 396,400 tonnes in the first half of the year.
Teck takes on more AQM shares, increasing its hold on the Zafranal copper project.
Mercator’s ability to remain a going concern is now in question after Intergeo decided to terminate its merger.
The company has already delayed the project’s launch due to weak aluminium prices.
Japan’s leading zinc producer, Mitsui, reckons the current higher premiums in Asia will remain at least until the end of this year.
Frank Holmes does a wrap of commodities and their strong performance of late.
Sirius stock has risen more than sixfold in the 2 years since it discovered the high-purity Nova nickel deposit in Australia.
In 2009, the then owner of the miner Xstrata approved a massive investment in to Ernest Henry to transform from an open cut operation in to an underground mine.
The credit will be used to finance mining projects and facility upgrades, as well as the $700m debt of KGHM International.
Base metals were more or less flat in Asian trading.
The Saudi Arabian Mining Company will invest US$210 million to own half of Barrick’s Jabal Sayid copper mine.
First Quantum is on the lookout for more copper deals as it sees a supply shortage of the metal by the end of the decade.
Dian-Dian is the world's largest bauxite deposit with reserves of 564 million tonnes.
The bank says it has a total exposure related to China's Qingdao port of about $170 million worth of aluminium.
The $4.2 billion Chilean mine will produce 180,000 metric tons a year, says the president of JX Nippon Mining.
The Australian mine was shut in January following 3 fatalities and was scheduled to reopen later this month.
Alcoa expects demand to outpace supply by 930,000 tonnes this year, up from its previous estimate of 730,000 tonnes.
Codelco will cancel some term shipments scheduled for delivery in the second half of the year as it processes less ores from a new mine.
U.S. mining giants, Freeport McMoRan and Newmont, are using very different tactics in a bid to resume Indonesian exports.
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