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  • Inmet gains full ownership of Petaquilla Copper Dec 01, 2008

    The Ontario Superior Court of Justice approved Inmet Mining Corp.’s acquisition of all outstanding common shares in Petaquilla Copper Ltd., increasing the Toronto-based company’s ownership to 100 percent.

  • Cerro Dominador said planning big job cuts Dec 01, 2008

    Minera Cerro Dominador SA might cut its 250-person work force in half, union officials were quoted as saying in local reports.

  • Alpart’s unionized workers refuse to defer salary hike Dec 01, 2008

    Alumina Partners of Jamaica Ltd.’s (Alpart’s) unionized employees have rejected a management proposal to indefinitely postpone a 12-percent raise that is slated to go into effect in January, the company said in a statement.

  • US nickel premiums ‘surprisingly firm’ Dec 01, 2008

    U.S. nickel premiums are holding “surprisingly firm” despite an ongoing slump in sales, according to traders.

  • Moody’s puts Rio Tinto ratings under review Dec 01, 2008

    Moody’s Investors Service has placed Rio Tinto’s A3 senior unsecured ratings under review for possible downgrade.

  • Inmet gains full ownership of Petaquilla Copper Dec 01, 2008

    The Ontario Superior Court of Justice approved Inmet Mining Corp.’s acquisition of all outstanding common shares in Petaquilla Copper Ltd., increasing the Toronto-based company’s ownership to 100 percent.

  • Zambian utility cutting power to copper mines Dec 01, 2008

    Zambia Electricity Supply Corp. (Zesco) will reduce power to Zambia’s copper mines by 16 percent while it repairs a major transmission line elsewhere in the country, forcing producers to scale down operations and switch off non-essential equipment wherever possible.

  • Straits puts Tritton Mine expansion on hold Dec 01, 2008

    Straits Resources Ltd. will forgo an expansion plan at its Tritton copper mine and hold production at 2,200 tonnes a month, the West Perth, Australia-based company said.

  • Mitsubishi to back Copper Mountain project Dec 01, 2008

    Mitsubishi Materials Corp. plans to loan up to Canadian $28.75 million ($23.2 million) to Similco Mines Ltd., a wholly owned subsidiary of Vancouver, British Columbia-based Copper Mountain Mining Corp.

  • Cerro Dominador said planning big job cuts Dec 01, 2008

    Minera Cerro Dominador SA might cut its 250-person work force in half, according to local reports from union officials.

  • Copper said unlikely to regain tubing share Dec 01, 2008

    Speculators might miss the days of skyrocketing copper prices, but for U.S. pipe and tube producers this summer’s commodities boom wasn’t all fun and games.

  • Nickel premiums ‘surprisingly firm’ despite sales slump Nov 26, 2008

    Nickel premiums in the United States are holding “surprisingly firm” despite an ongoing slump in sales, according to traders.

  • Moody’s places Rio Tinto ratings under review Nov 26, 2008

    Moody’s Investors Service has placed Rio Tinto’s A3 senior unsecured ratings under review for possible downgrade.

  • Oct. shipments at copper, brass centers notch decline Nov 26, 2008

    Service center shipments of copper and copper alloy products totaled 32.2 million pounds in October, down 9.6 percent from 35.7 million pounds in the same month last year but up 5.7 percent from 30.5 million pounds in September, according to data from the Copper and Brass Servicenter Association (CBSA).

  • Oct. shipments at copper, brass centers notch decline Nov 26, 2008

    Service center shipments of copper and copper alloy products totaled 32.2 million pounds in October, down 9.6 percent from 35.7 million pounds in the same month last year but up 5.7 percent from 30.5 million pounds in September, according to data from the Copper and Brass Servicenter Association (CBSA).

  • Imperial pares staff, mulls cutbacks Nov 26, 2008

    Imperial Metals Corp., owner of two British Columbia copper mines, is reducing staff at one of the projects and considering a shutdown of the other in response to low metal prices.

  • Hydro’s Soderberg potlines at Karmoy may close early Nov 26, 2008

    Norsk Hydro ASA said that it may close the Soderberg potlines at its Karmoy aluminum plant in Norway earlier than previously scheduled.

  • Chinese alumina producer eyes S. America Nov 26, 2008

    Chinese alumina producer Bosai Minerals Group Co. Ltd. and the government of Guyana will conduct a feasibility study to build a $1-billion alumina plant in the southwest region of the South American country.

  • Asarco, Grupo Mexico mediation talks fail Nov 26, 2008

    Court-ordered mediation between Asarco LLC and former parent Grupo Mexico SA de CV has proved fruitless, with the companies unable to reach an agreement after nearly three weeks of discussions.

  • Hydro’s Soderberg potlines at Karmoy may close early Nov 26, 2008

    Norsk Hydro ASA said that it may close the Soderberg potlines at its Karmoy aluminum plant in Norway earlier than previously scheduled.

  • Imperial Metals cuts staff, eyes idling mine Nov 26, 2008

    Imperial Metals Corp., owner of two British Columbia copper mines, is reducing staff at one of the projects and considering a shutdown of the other in response to low metal prices.

  • Asarco, Grupo Mexico mediation talks fail Nov 26, 2008

    Court-ordered mediation between Asarco LLC and former parent Grupo Mexico SA de CV has proved fruitless, with the companies unable to reach an agreement after nearly three weeks of discussions.

  • Chinese alumina producer eyes S. America Nov 26, 2008

    Chinese alumina producer Bosai Minerals Group Co. Ltd. and the government of Guyana will conduct a feasibility study to build a $1-billion alumina plant in the southwest region of the South American country.

  • Uranium projects hit by low tags Nov 26, 2008

    Areva NP SAS, Denison Mines Corp. and OURD Ltd. plan to discontinue work on their joint-venture Midwest uranium mine in Saskatchewan that the companies said is no longer attractive given current market conditions.

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