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Eighteen people have been indicted for their alleged involvement in a multimillion-dollar copper theft ring.
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Discussions on how to manage state-owned enterprises (SOEs) may come under increased scrutiny in future negotiations over what could be one of the largest trade agreements to date—the proposed Trans-Pacific Partnership (TPP).
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Workers at Globe Specialty Metals Inc.’s silicon metal facility in Becancour, Quebec, are continuing to negotiate with the company following the April 30 expiration of a five-year labor contract.
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The delay in launching physical copper exchange-traded funds (ETFs) has played a part in hindering the metal’s advance, president Henry Weingarten of AFund Inc. says.
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London Metal Exchange zinc stocks fell for the 13th consecutive day May 1 as a drawdown continued in New Orleans, Antwerp, Belgium, and Johor, Malaysia, where there are large queues to take out metal.
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Corporacion Nacional del Cobre de Chile (Codelco) is targeting output of 2.5 million tonnes per year by 2021, according to local media reports.
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Copper premiums have been quoted as high as $120 per tonne in Rotterdam, Netherlands, this week as the European market experiences tighter supply following port strikes in Chile and a maintenance shutdown at Swedish miner Boliden AB that began in early April.
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Tin prices and premiums could rise in the coming months on tighter availability, market sources said.
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The Commerce Department’s International Trade Administration (ITA) is conducting various five-year reviews of anti-dumping duty orders.
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PMX Industries Inc. will be adding a copper surcharge to its products after a wall slide at Kennecott Utah Copper LLC’s Bingham Canyon Mine forced it to locate alternative sources of cathode.
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Service Center Metals LLC (SCM) has lowered prices on all products by 2.5 cents per pound.
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Aleris International Inc.’s Richmond, Va., facility might not be fully operational for two to three weeks, a company spokesman told AMM, noting that a fire at the plant last week caused more furnace damage than previously thought.
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The nickel market is likely to see more consolidation and price increases in the coming years, although all eyes are on Indonesia over its proposed ore export ban, according to speakers at an international nickel conference in Toronto.
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Rio Tinto Alcan has suspended the anode plant at its Alma facility in Quebec in order to investigate the cause of an accident in which a worker died.
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The Chilean peso is benefiting from the "afterglow" of the commodity boom due to the country’s strong mining investment cycle, according to a Nomura Securities International Inc. executive.
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The global nickel market should move back into a supply deficit after 2015 due to a lack of new mining projects coming online, attendees at the International Nickel Conference of AMM sister publication Metal Bulletin were told.
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The parliamentary elections in Iceland may work to the advantage of Century Aluminum Co., according to both the company and analysts.
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Total mining exploration could decline by around 25 percent this year, Bakes Mitchell, vice president of sales at SNL Metals Economics Group, said.
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New sources of investment, financing options and partnerships have surfaced to help fill the capital liquidity gap, a Citibank executive said.
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Mine cost overruns are high, with senior-stage projects the worst performers, according to Chris Henstock, managing director of mining and commodities finance at Société Générale SA.
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Asian copper premiums are likely to keep rising as India’s largest copper smelter remains closed.
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Century Aluminum Co. hopes to know by the end of the second quarter whether it will be able to restart its idled smelter in Ravenswood, W.Va., according to president and chief executive officer Michael Bless.
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Century Aluminum Co. has agreed to acquire Rio Tinto Alcan’s smelter in Sebree, Ky., for $61 million in cash and the assumption of $4 million in liabilities, the companies said April 29.
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Cliffs Natural Resources Inc. has no clear timeline on when the permitting process for its Black Thor ferrochrome project in northern Ontario will resume following a change in local government.