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  • Chile’s Gaby project inaugurated Dec 10, 2008

    Chile’s Gaby mining complex was inaugurated on Tuesday by Chilean President Michelle Bachelet, who praised the 150,000 tonne-a-year project for its modernity and sustainability.

  • DNSC lowers minimum ferrochromium buy Dec 10, 2008

    The Defense National Stockpile Center (DNSC) has reduced the minimum purchase for high-carbon ferrochromium to a bulk weight of 100 short tons from 200 tons previously.

  • Hydro’s Søderberg potlines to close in 1st qtr. Dec 10, 2008

    Norsk Hydro ASA is scheduled to shut down the Søderberg potlines at its Karmøy aluminum plant in Norway at the end of the first quarter next year due to falling aluminum prices and demand. The potlines have a capacity of 120,000 tonnes annually.

  • Camec loses voting rights in South Africa’s CRC Dec 10, 2008

    Copper Resources Corp. (CRC) has stripped Central African Mining & Exploration Co. Plc (Camec)of its voting rights and rights to dividend payments after the London-based company failed to make an obligatory offer to its other main shareholder, Metorex Ltd., the company said.

  • Acadian lead-zinc outlook dims; switch to gold mulled Dec 10, 2008

    The collapse of base metal prices recently has prompted Acadian Mining Corp., Halifax, Nova Scotia, to scale back lead and zinc mining operations and consider scrapping such mining altogether in favor of less volatile gold.

  • Acadian lead-zinc outlook dims; switch to gold mulled Dec 10, 2008

    The collapse of base metal prices recently has prompted Acadian Mining Corp., Halifax, Nova Scotia, to scale back lead and zinc mining operations and consider scrapping such mining altogether in favor of less volatile gold.

  • Molybdenum prices sink to $10/lb. Dec 10, 2008

    Molybdenum prices in the United States have hit bottom at around $10 a pound, according to several traders, but are not expected to rebound significantly, at least through the first six months of next year.

  • USS promotes 2 execs to succeed veterans (UPDATE) Dec 10, 2008

    U.S. Steel Corp., Pittsburgh, has named two executives to fill openings created by the retirement of a pair of company veterans.

  • Moly market hits bottom at $10 per pound traders Dec 10, 2008

    Molybdenum prices in the United States have hit bottom at around $10 a pound, according to several traders, but are not expected to rebound significantly, at least through the first six months of next year.

  • Copper support level fears rekindled Dec 09, 2008

    Copper prices teeter around the $3,100-a-tonne mark, about the marginal cost of production for some smelters, according to Barclays Capital Plc, London, renewing concerns among industry players that slumping prices might plow right through formerly reliable pricing supports.

  • Aluminum prices can’t keep momentum after bounce Dec 09, 2008

    Aluminum pricing could not continue Monday’s bounce, which appears to have been short-lived, according to market observers.

  • Boliden cuts zinc output by 60,000 tonnes Dec 09, 2008

    Swedish zinc producer Boliden AB will cut production by a combined 60,000 tonnes per year at its Odda smelter in Norway and its Kokkola smelter in Finland, effective immediately, on low demand and market uncertainty.

  • Copper’s teeter near marginal output cost sparks fears Dec 09, 2008

    Copper prices teetered around the $3,100-a-tonne mark, about the marginal cost of production for some smelters, according to Barclays Capital Plc, London, renewing concerns among industry players that slumping prices might plow right through formerly reliable pricing supports.

  • Titanium braces for fourth 787 delay Dec 09, 2008

    Another delay expected in the delivery schedule for the Boeing 787 Dreamliner would exacerbate an already extensive industry overhang of titanium.

  • Aluminum prices stay flat after rally Dec 09, 2008

    Aluminum pricing could not continue Monday’s bounce, which appears to have been short-lived, according to market observers.

  • Ferrosilicon spot sales grind to a halt Dec 09, 2008

    Spot sales of ferrosilicon have come to a grinding halt in the United States as ferroalloy consumers work through existing inventories and put off placing new orders for the time being, according to traders and producers.

  • DNSC lowers ferrochromium buy Dec 09, 2008

    The Defense National Stockpile Center (DNSC) has reduced the minimum purchase of high-carbon ferrochromium to a bulk weight of 100 short tons from 200 tons previously.

  • Copper, aluminum bounce on Obama plan Dec 08, 2008

    Base metals rallied Monday to overcome multiyear lows on news of President-elect Barack Obama’s promise to reinvigorate the U.S. economy with a massive infrastructure spending plan, though traders warned that it might be premature to expect any quick rise in physical metal demand.

  • Teck to continue with some projects in Canada, Chile Dec 08, 2008

  • Jaguar fires off new salvo vs. HudBay-Lundin link-up Dec 08, 2008

    Canadian merchant bank Jaguar Financial Corp., which has opposed HudBay Minerals Inc.’s intended purchase of Lundin Mining Corp. from the start, voiced a slew of new complaints on Friday.

  • Public weighs in on US Mag EPA listing Dec 08, 2008

    The U.S. Environmental Protection Agency (EPA) has closed the public comment period on the merits of the US Magnesium LLC facility in Tooele County, Utah, being placed on the National Priorities List (NPL) of federal Superfund sites.

  • Public weighs in on US Mag EPA listing Dec 08, 2008

    The U.S. Environmental Protection Agency (EPA) has closed the public comment period on the merits of the US Magnesium LLC facility in Tooele County, Utah, being placed on the National Priorities List (NPL) of federal Superfund sites.

  • Teck to continue with some projects in Canada, Chile Dec 08, 2008

    Despite recently announcing a massive debt-reduction plan for the New Year that includes the suspension of dividends and the shelving of projects—including withdrawing from its joint-venture Petaquilla copper project in Panama—Canadian miner Teck Cominco Ltd. plans to continue with the development of a number of other base metal operations throughout Canada and Chile.

  • Jaguar fires off new salvo vs. HudBay buy of Lundin Dec 08, 2008

    Canadian merchant bank Jaguar Financial Corp., which has opposed HudBay Minerals Inc.’s intended purchase of Lundin Mining Corp. from the start, voiced a slew of new complaints on Friday.

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