Nonferrous

  • US magnesium consumers, suppliers are ‘worlds apart’ Nov 25, 2008

    U.S. magnesium consumers and suppliers are far apart in negotiating 2009 contracts as the automotive market falters and global prices have dipped significantly, although domestic prices have softened only slightly over the past several months, market sources said.

  • Sherritt delaying Ambatovy project Nov 25, 2008

    Sherritt International Corp. said it would slow down construction work to cut costs at its Ambatovy nickel project in Madagascar, which could cause delays to the project’s completion.

  • Sherritt delaying Ambatovy project in Madascar Nov 25, 2008

    Sherritt International Corp. said it would slow down construction work to cut costs at its Ambatovy nickel project in Madagascar, which could cause delays to the project’s completion.

  • Mirabela extends bridge loan Nov 25, 2008

    Mirabela Nickel Ltd. has extended an $80-million bridge loan from Barclays Plc and Credit Suisse Group until next June 30, the Perth, Western Australia-based miner said.

  • Western Copper names new VP Nov 25, 2008

    Western Copper Corp. has named Paul West-Sells executive vice president of corporate development, effective immediately.

  • Three miners form nickel venture Nov 25, 2008

    Benton Resources Corp. has entered into a joint venture with Royal Roads Corp. and Golden Dory Resources Ltd., a subsidiary of 540 Capital Corp., to explore and develop nickel sulfide deposits in Newfoundland, the companies said in a joint statement.

  • UMMC gets Russian bank loan Nov 25, 2008

    Russian bank VTB Group will provide a 4.8-billion-ruble ($175.7-million) loan to Urals Mining & Metals Co. (UMMC) as part of a countrywide effort to infuse capital into some of the nation’s struggling industries.

  • Xstrata submits environment study on Chile copper mine Nov 25, 2008

    Xstrata Copper has submitted an environmental impact study (EIS) for its El Morro copper project in Chile, moving the $2.5-billion project one step closer to production.

  • Qatalum smelter on trage for late '09 start Nov 25, 2008

    Norsk Hydro ASA, Oslo, Norway, is still on track to start production at its Qatar Aluminium Ltd. (Qatalum) project at the end of 2009 despite the current challenging economic environment, John Ottestad, the company?s chief financial officer, said Monday.

  • Xstrata submits environment study on Chile copper project Nov 25, 2008

    Xstrata Copper has submitted an environmental impact study (EIS) for its El Morro copper project in Chile, moving the $2.5-billion project one step closer to production.

  • NovaGold headwinds hit Galore Creek Nov 25, 2008

    NovaGold Resources Inc. is facing a serious cash squeeze that could result in it losing control of the Galore Creek project in British Columbia, one of the world’s largest undeveloped copper-gold ore bodies.

  • Russia’s Kumz approved as Boeing supplier Nov 25, 2008

    JSC Kamensk-Uralsky Metallurgical Works (Kumz) of Russia said it has been approved as a supplier of certain aluminum plate products in support of a long-term supply agreement with Boeing Commercial Airplanes, Renton, Wash., a unit of Chicago-based Boeing Co.

  • General Moly pledges not to cancel Mt. Hope project Nov 25, 2008

    General Moly Inc., Lakewood, Colo., will not cancel its Mt. Hope molybdenum project in Nevada, although restrictions on financing could cause delays.

  • Aleris to idle N. Carolina coil coating line, lay off 45 (UPDATE) Nov 25, 2008

    Aleris International Inc. is idling a coil coating line in Roxboro, N.C., next week, laying off 45 employees and reducing potential output by about 25 million pounds annually.

  • NovaGold headwinds hit Galore Creek Nov 25, 2008

    NovaGold Resources Inc. is facing a serious cash squeeze that could result in it losing control of the Galore Creek project in British Columbia, one of the world’s largest undeveloped copper-gold ore bodies.

  • Russia’s Kumz approved as Boeing supplier Nov 25, 2008

    JSC Kamensk-Uralsky Metallurgical Works (Kumz) of Russia said it has been approved as a supplier of certain aluminum plate products in support of a long-term supply agreement with Boeing Commercial Airplanes, Renton, Wash., a unit of Chicago-based Boeing Co.

  • General Moly pledges not to cancel Mt. Hope project Nov 25, 2008

    General Moly Inc., Lakewood, Colo., will not cancel its Mt. Hope molybdenum project in Nevada, although restrictions on financing could cause delays.

  • Western Copper names new VP Nov 25, 2008

    Western Copper Corp. has named Paul West-Sells executive vice president of corporate development, effective immediately.

  • UMMC gets Russian bank loan Nov 25, 2008

    Russian bank VTB Group will provide a 4.8-billion-ruble ($175.7-million) loan to Urals Mining & Metals Co. (UMMC) as part of a countrywide effort to infuse capital into some of the nation’s struggling industries.

  • Three miners form nickel venture Nov 25, 2008

    Benton Resources Corp., Royal Roads Corp. and Golden Dory Resources Ltd., a subsidiary of 540 Capital Corp., have entered into a joint venture to explore and develop nickel sulfide deposits in Newfoundland, the companies said in a joint statement.

  • Mirabela extends $80-million bridge loan Nov 25, 2008

    Mirabela Nickel Ltd. has extended an $80-million bridge loan from Barclays Plc and Credit Suisse Group until next June 30, the Perth, Western Australia-based miner said.

  • Aleris idling N. Carolina coil coating line, laying off 45 Nov 25, 2008

    Aleris International Inc. is idling a coil coating line in Roxboro, N.C., next week, laying off 45 employees and reducing potential output by about 25 million pounds per year.

  • China’s aluminum cuts ‘not enough’ Nov 24, 2008

    Aluminum production cuts inside China alone won’t be enough to prevent huge world surpluses next year, Macquarie Bank said in a report Monday.

  • China’s aluminum cuts ‘not enough’ Nov 24, 2008

    Aluminum production cuts inside China alone won’t be enough to prevent huge world surpluses next year, Macquarie Bank said in a report Monday.

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