Nonferrous

  • Inmet forging ahead with Panama’s Petaquilla project Dec 19, 2008

    When cash-strapped Teck Cominco Ltd. pulled out of its joint-venture Petaquilla copper project last month, some questioned whether Inmet Mining Corp. would have the resources to plow ahead alone.

  • Inmet forging ahead with Panama’s Petaquilla project Dec 19, 2008

    When cash-strapped Teck Cominco Ltd. pulled out of its joint-venture Petaquilla copper project last month, some questioned whether Inmet Mining Corp. would have the resources to plow ahead alone.

  • Copper scrap dead as mart preps for holiday shutdown Dec 19, 2008

    Maybe 2009 will be better. That was the sentiment among copper scrap industry players as many recyclers and brass ingot makers started shutting down for the last two weeks of the year, market sources said.

  • Copper scrap dead as mart preps for holiday shutdown Dec 19, 2008

    Maybe 2009 will be better. That was the sentiment among copper scrap industry players as many recyclers and brass ingot makers started shutting down for the last two weeks of the year, market sources said.

  • Quadra starts output at Carlota Mine Dec 19, 2008

    Quadra Mining Ltd. has started cathode production at its Carlota copper mine and is gearing up for an increase in production in 2010.

  • Dead Sea Magnesium ownership in doubt Dec 19, 2008

    The future ownership of Israel’s Dead Sea Magnesium Ltd. (DSM) is in doubt after minority shareholder Volkswagen AG said it was pulling out of the joint venture.

  • Century slates layoff of 13% of salaried and Ky. site staff Dec 19, 2008

    Century Aluminum Co. will lay off 13 percent of the salaried work force at its Monterey, Calif., headquarters and its Kentucky operations as part of its cost-saving efforts, the company said.

  • Alcoa to lay off 100 Point Comfort workers Dec 19, 2008

    Alcoa Inc. will lay off about 100 workers at its alumina refinery in Point Comfort, Texas, in the wake of a production cut announced in October.

  • Century slates layoff of 13% of salaried and Ky. site staff Dec 19, 2008

    Century Aluminum Co. will lay off 13 percent of the salaried work force at its Monterey, Calif., headquarters and its Kentucky operations as part of its cost-saving efforts, the company said.

  • Alcoa to lay off 100 at Point Comfort alumina refinery Dec 19, 2008

    Alcoa Inc. will lay off about 100 workers at its alumina refinery in Point Comfort, Texas, in the wake of a production cut announced in October.

  • Kaiser sets closure of one plant, output cut at another Dec 19, 2008

    The rash of aluminum closures and production curtailments is continuing, with Kaiser Aluminum Corp. announcing plans to close operations at its Tulsa, Okla., extrusion facility and significantly reduce operations at its Bellwood, Va., plant.

  • Quadra kicks off Ariz. copper production Dec 19, 2008

    Quadra Mining Ltd., Vancouver, British Columbia, has started cathode production at its Carlota copper mine and is gearing up for an increase in production in 2010.

  • China buys indium for state stockpile Dec 19, 2008

    The Chinese government bought 30 tonnes of indium from domestic producers last week and might look to buy copper from the international market as it starts to rebuild its strategic stockpiles, according to market sources.

  • Virgin Metals to buy Nevada moly project Dec 18, 2008

    Virgin Metals Inc., a Toronto-based junior exploration and development company, has agreed to buy Nevada Eagle Resources LLC’s Topper Molybdenum Project in Nevada for 3 million common shares.

  • Vale’s move on Teal may open up DRC to investment Dec 18, 2008

    Vale’s move to acquire 50 percent of ailing African base metals exploration company Teal Exploration & Mining Inc., Toronto, will open the way for other copper producers to invest in the mineral-rich Democratic Republic of Congo (DRC), market analysts predict.

  • Norddeutsche to change name Dec 18, 2008

    Norddeutsche Affinerie AG plans to change its name to Aurubis, meaning “red gold,” pending shareholder approval in February. The rebranding is an attempt by the German company, Europe’s largest copper producer, to create a unified corporate identity after the April acquisition of Belgian copper company Cumerio SA.

  • Chrome ore producers look to China to ‘save the world’ Dec 18, 2008

    Chrome ore prices could see a modest recovery in the next four to six weeks amid a sudden increase in inquiries from China, market participants told AMM sister publication Metal Bulletin. “I am more confident about next year than I was a few weeks ago—it looks like China will save the world,” a producer source said.

  • Power authority approves contract for Alcoa smelters Dec 18, 2008

    A power supply contract has been approved for Alcoa Inc.’s Massena, N.Y., operations by the New York Power Authority (NYPA) board of trustees.

  • N. American aluminum stocks soar Dec 18, 2008

    North American aluminum production is not slowing as quickly as demand, which has caused aluminum stocks to skyrocket, according to the latest statistics from the Aluminum Association, Arlington, Va.

  • Fraud charges won’t hit business Western Ti Dec 18, 2008

    Western Titanium Inc. has moved to reassure customers that its legal problems won’t affect its ability to do business.

  • Norddeutsche Affinerie to change name Dec 18, 2008

    Norddeutsche Affinerie AG plans to change its name to Aurubis, meaning “red gold,” pending shareholder approval in February. The rebranding is an attempt by the German company, Europe’s largest copper producer, to create a unified corporate identity after the April acquisition of Belgian copper company Cumerio SA.

  • CBFC names Hartquist as new president Dec 18, 2008

    David “Skip” Hartquist will take over as president and general counsel of the Copper and Brass Fabricators Council (CBFC) when Joseph L. Mayer retires at the end of this month.

  • Canada port strike talks restart Dec 18, 2008

    Talks aimed at averting a labor disruption at British Columbia ports, which handle large volumes of metallurgical coal and metals shipments, are set to resume Friday after breaking off earlier in the week, according to officials close to the negotiations.

  • Moody’s, S&P downgrade Rio Tinto ratings Dec 18, 2008

    Moody’s Investors Service and Standard & Poor’s Ratings Services (S&P) have both downgraded Rio Tinto on debt concerns.

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