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Traders say the cut was expected after Codelco cut 2015 premium by 3.6% to $133 to China.
Goldman cut its 2015 price forecast by 20% last week, citing sustained production in China of nickel pig iron.
The London-listed miner is battling sluggish prices, falling ore grades and rising costs.
The splintering of the global aluminium price is becoming ever more acute.
Prices have shed around 10% this year as the global economy struggles to recover from the 2008/09 financial crisis.
Freeport McMoRan closed the smelter near Miami last week after a fire broke out.
Vedanta needs a company which is controlled by black South Africans to meet the conditions of its mining permit.
Oleg Deripaska will take on a new role as president of the Russian aluminium giant.
Down by over 10% on the start of the year, tin is vying with copper and lead for worst performer of 2014.
China Merchants Securities has applied for LME membership as it seeks to expand its commodities business.
Analysts expect KGHM's net profit to reach 2.6 billion zlotys in 2015, up from 2.4 billion this year.
German Larrea is buying stock in Southern Copper Corp. to reinforce confidence amid falling metal prices.
The boost in the Lalor mine concentrator output, along with the ramp-up of the new Constancia project are expected to improve HudBay's credit metrics.
The Canadian mining M&A momentum over the last few months is expected to continue, advises consultants at EY.
Company said it was continuing to face challenges.
Freeport McMoRan and Reservoir Minerals define an important copper discovery in Serbia.
Nickel fell into a bear market in September on signs that output will meet demand, even with Indonesia’s export ban in place.
The Antamina mine produces about 30 percent of Peru's copper and 20 percent of its zinc.
Will continue operating the unit after failing to find a buyer at the right price.
Workers at the Peruvian mine started an indefinite strike on Monday to press for a bonus, says a union official.
The roaster at its Ministro Hales copper mine will undergo repair work this month to improve its capacity.
Toronto-based Nautilus has agreed to charter a 227-meter-long ship as a floating base for its operations.
Talvivaara Sotkamo will apply for bankruptcy after failing to raise financing.
The LME announced an average 34% increase in fees in late September as owner HKEx moved to boost profits.
Peru will likely produce less copper this year and next as big new projects face delays.
The news that Antofagasta is buying Duluth Metals sent Duluth shares soaring almost 500% on the TSX.
The global miner shelved plans for the multi-billion-dollar expansion in 2012 after a year-long study.
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