http://www.amm.comhttp://feeds.feedburner.com/Nonferrous©2013 www.amm.com60NonferrousMexican mining company Grupo México SAB de CV plans to increase its copper production nearly 70 percent to 1.4 million tonnes annually over the next five years, according to a senior executive. http://www.amm.com/Article/3210621/Grupo-Mxico-planning-to-boost-copper-output-70.htmlFri, 24 May 2013 16:34:00 GMTNet sales at Brazilian ferroalloys producer Cia. de Ferro Ligas da Bahia (Ferbasa) fell 11.2 percent year on year in April after it shipped lower tonnages of low-carbon ferrochrome and ferrosilicon. http://www.amm.com/Article/3210609/Ferbasas-sales-fall-115-percent-in-April.htmlFri, 24 May 2013 16:23:00 GMTNovelis Inc. has decided to close an aluminum plate production line at its Ouro Preto unit in Brazil’s Minas Gerais state. http://www.amm.com/Article/3210595/Novelis-idles-aluminum-plate-production-line-at-Brazil-plant.htmlFri, 24 May 2013 16:13:00 GMTMcEwen Mining Inc. is looking to sell its Los Azules copper deposit in Argentina’s San Juan province, but the country is not proving to be attractive to investors, according to chairman, president and chief executive officer Rob McEwen. http://www.amm.com/Article/3210502/McEwen-seeks-buyer-for-Argentine-copper-asset.htmlFri, 24 May 2013 15:03:00 GMTINTL FCStone Inc. is reviewing various scenarios that will result in the company leaving the physical base metals business, chief executive officer Sean O’Connor told AMM. http://www.amm.com/Article/3210468/INTL-FCStone-to-exit-physical-base-metals-OConnor-says.htmlFri, 24 May 2013 14:04:00 GMTAlcoa Inc.’s expanded casthouse at its Barberton, Ohio, facility is now running at full capacity making wheels from remelted and scrap aluminum, the company said.http://www.amm.com/Article/3210134/Alcoa-ramps-up-Ohio-casthouse-making-wheels.htmlThu, 23 May 2013 21:04:00 GMTIf we want to strengthen the economy and create jobs through our vast supply of natural gas, then allowing unlimited natural gas exports isn’t the “clear choice” (amm.com, May 21)—it’s the wrong choice. http://www.amm.com/Article/3210132/Letter-to-the-Editor-LNG-exports-will-hinder-US-manufacturing-recovery.htmlThu, 23 May 2013 21:01:00 GMTConstellium N.V. aims to expand its aerospace capacity, make inroads in the U.S. automotive aluminum sector and play a role in the growing Chinese canstock market as it looks to expand its global footprint, chief executive officer Pierre Vareille told AMM. http://www.amm.com/Article/3209997/Constellium-IPO-to-fund-global-growth.htmlThu, 23 May 2013 18:58:00 GMTPure Nickel Inc. chief financial officer Jeffrey Sherman has resigned effective May 31, and the junior miner has commenced exploration activities at its Man Alaska property, the company said May 23. http://www.amm.com/Article/3209945/Pure-Nickels-finance-chief-exits-Man-Alaska-exploration-starts.htmlThu, 23 May 2013 17:47:00 GMTJunior copper-silver miner Revett Minerals Inc. has announced "an immediate and significant reduction in the work force at its Troy Mine" in Montana as most operations remain suspended and production looks unlikely to resume this quarter as previously forecast. http://www.amm.com/Article/3209929/Revett-cuts-work-force-at-suspended-Troy-Mine.htmlThu, 23 May 2013 17:39:00 GMTWith nickel premiums continuing to sit at record lows, market participants say that business activity is unlikely to pick up until the end of summer. http://www.amm.com/Article/3209886/Nickel-market-starts-summer-slowdown.htmlThu, 23 May 2013 17:10:00 GMTDownstream aluminium product manufacturer Constellium N.V. has confirmed the value of its initial public offering (IPO) on the New York Stock Exchange and NYSE Euronext Paris at $333.3 million. http://www.amm.com/Article/3209804/Constellium-IPO-valued-at-3333-million.htmlThu, 23 May 2013 15:52:00 GMTGlobal Brass & Copper Holdings Inc. (GBC) has lowered the size and price of its proposed initial public offering (IPO), according to documents filed with the U.S. Securities and Exchange Commission (SEC) May 22. http://www.amm.com/Article/3209477/Global-Brass-pares-back-size-price-of-IPO.htmlThu, 23 May 2013 02:14:00 GMTAmerican Vanadium Corp. has entered into an agreement to market and sell Gildemeister Energy Solutions’ CellCube vanadium redox flow batteries in North America. http://www.amm.com/Article/3209446/American-Vanadium-signs-Gildemeister-battery-deal.htmlWed, 22 May 2013 22:37:00 GMTBrazil exported significantly more copper ore and copper cathode in April than it did in the same month in 2012, but its shipments of aluminum, alumina, bauxite and most ferroalloys declined, according to the Brazilian trade ministry.http://www.amm.com/Article/3209437/Brazilian-copper-exports-rise-other-metal-shipments-log-drop.htmlWed, 22 May 2013 22:18:00 GMTMalaga Inc. is continuing to seek financing or a buyer for its Peruvian operations as the tungsten miner posted a $3.1-million net loss for the three months ended March 31.http://www.amm.com/Article/3209416/Malaga-records-31M-loss-in-1st-quarter.htmlWed, 22 May 2013 21:28:00 GMTNadca, along with representatives from several large die casting firms, met with officials from the LME’s aluminum committee May 22 to discuss the effectiveness of the Nasaac, Nadca president Daniel L. Twarog said.http://www.amm.com/Article/3209415/LME-die-casters-discuss-Nasaac-concerns.htmlWed, 22 May 2013 21:27:00 GMTA hearing on whether to approve the sale of bankrupt aluminum producer Ormet Corp. to an entity of Wayzata (Minn.) Investment Partners LLC has been pushed back to June 3 from May 22, according to documents filed May 21 in U.S. Bankruptcy Court in Delaware. http://www.amm.com/Article/3209408/Ormet-hearing-delayed-to-June-3.htmlWed, 22 May 2013 21:22:00 GMTA site in Kansas' Allen County that was once home to many lead and zinc smelters will be added to the U.S. Environmental Protection Agency’s Superfund National Priorities List, the EPA said. http://www.amm.com/Article/3209407/Former-Kan-smelter-site-joins-EPAs-Superfund-priorities-list.htmlWed, 22 May 2013 21:16:00 GMTOperations resumed at Copper Mountain Mining Corp.’s semi-autogenous grinding (SAG) mill in British Columbia late May 17 after an earlier transformer failure temporarily idled the operation.http://www.amm.com/Article/3209383/Copper-Mountain-SAG-mill-back-online.htmlWed, 22 May 2013 19:58:00 GMTAluminum rolled products producer Novelis Inc. and a subsidiary of steelmaker ThyssenKrupp AG have signed a cooperation agreement to produce aluminum parts for the automotive industry. http://www.amm.com/Article/3209340/Novelis-ThyssenKrupp-join-to-develop-aluminum-car-parts.htmlWed, 22 May 2013 18:03:00 GMTWork to upgrade Alcoa Inc.’s operations in Massena, N.Y., is expected to begin in June, with transmission lines being moved to accommodate a new electrical substation expected to power a new potline. http://www.amm.com/Article/3209327/Power-line-work-at-Alcoa-site-to-start-in-June.htmlWed, 22 May 2013 17:37:00 GMTAndrew Caplan will head the combined aluminum and alumina department of Glencore Xstrata Plc after current aluminum head Gary Fegel leaves the company in the summer, market sources close to the company said. http://www.amm.com/Article/3209312/Caplan-to-head-Glencore-aluminum-department.htmlWed, 22 May 2013 17:26:00 GMTThe buyer of Peru’s Las Bambas copper project "doesn’t necessarily have to be a Chinese company," according to Peruvian energy and mines minister Jorge Merino Tafur.http://www.amm.com/Article/3209218/Las-Bambas-buyer-might-not-be-Chinese-minister.htmlWed, 22 May 2013 15:58:00 GMTGlencore Xstrata Plc could use copper concentrate from the planned Tampakan copper-gold project to feed its Pasar smelter, according to an executive at Tampakan investor Indophil Resources NL.http://www.amm.com/Article/3209196/Tampakan-could-supply-copper-concentrate-to-Glencore-Xstratas-Pasar-smelter.htmlWed, 22 May 2013 15:25:00 GMTThe global molybdenum market was essentially in balance last year, with production exceeding consumption by just 4,000 tons, according to a report from Beijing-based market research company Research in China. http://www.amm.com/Article/3209155/Global-molybdenum-market-balanced-in-12-report-says.htmlWed, 22 May 2013 14:59:00 GMTOklahoma-based metal distributors, fabricators, processors and downstream users reached by AMM largely said their facilities escaped damage and employees were safe and accounted for following a devastating tornado that killed at least two dozen people May 20. http://www.amm.com/Article/3208858/Metal-firms-ready-to-help-tornado-victims.htmlTue, 21 May 2013 21:23:00 GMTThe Hong Kong Mercantile Exchange (HKMEx) has voluntarily suspended all automated trading services in response to weak trading volumes seen on its flagship gold contract. http://www.amm.com/Article/3208851/HKMEx-halts-trading-services-as-metal-futures-fail-to-take-off.htmlTue, 21 May 2013 21:12:00 GMTStart-up alumina producer Orbite Aluminae Inc. has named three new independent members to its board of directors effective immediately. http://www.amm.com/Article/3208837/Orbite-Aluminae-appoints-three-new-board-members.htmlTue, 21 May 2013 20:24:00 GMTDLA Strategic Materials is offering more than 1,148 short tons of high-carbon ferrochrome and another 1.68 million pounds of low-carbon ferrochrome for May.http://www.amm.com/Article/3208818/DLA-offers-more-ferrochrome-for-May-sale.htmlTue, 21 May 2013 19:52:00 GMTEurasian Natural Resources Corp. Plc’s (ENRC’s) independent board committee has rejected an indicative takeover proposal from ENRC founder Alexander Machkevitch and the consortium he set up to bid for the diversified miner. http://www.amm.com/Article/3208809/ENRC-rejects-takeover-bid-from-founders-consortium.htmlTue, 21 May 2013 19:30:00 GMTCanada’s Avanti Mining Inc. will oppose a federal court application by the Nisga’a Nation seeking to quash a decision by Fisheries and Oceans Canada regarding the proposed Kitsault molybdenum mine. http://www.amm.com/Article/3208802/Avanti-to-oppose-review-of-fisheries-decision-on-Kitsault.htmlTue, 21 May 2013 19:11:00 GMTDue to a reporting error, an article in the May 21 edition incorrectly stated the increase in Ormet Corp.’s power costs following a second-quarter rate adjustment on March 1.http://www.amm.com/Article/3208775/Correction-Ormet-power-costs-up-by-481MWh.htmlTue, 21 May 2013 17:57:00 GMTThe Democratic Republic of the Congo will "fully enforce" its ban on exports of unprocessed copper and cobalt concentrates starting this summer, Martin Kabwelulu, the nation’s minister of mines, reiterated. http://www.amm.com/Article/3208767/DRC-to-fully-enforce-ban-on-cobalt-conc-copper-exports.htmlTue, 21 May 2013 17:49:00 GMTChina’s ferrochrome imports fell to their lowest level in nearly seven months in April amid price cuts from domestic stainless steel mills, with the downward trend expected to continue as the monsoon season sets in. http://www.amm.com/Article/3208673/Chinas-ferrochrome-imports-fall-as-steel-mills-slash-prices.htmlTue, 21 May 2013 16:26:00 GMTRadar, prisms and robots would seem more appropriate in the latest Hollywood blockbuster than in a mine in Utah, but exactly this kind of technology helped Rio Tinto Plc’s Kennecott Utah Copper avert what could have been a major human catastrophe last month. http://www.amm.com/Article/3208620/On-the-radar-at-Bingham-Canyon-anticipating-mine-wall-slides.htmlTue, 21 May 2013 14:35:00 GMTRio Tinto Plc’s Kennecott Utah Copper is confident that the recent wall slide at its Bingham Canyon Mine will not significantly disturb its so-called "giant leap" project. http://www.amm.com/Article/3208557/Bingham-slide-wont-disrupt-long-term-plans.htmlTue, 21 May 2013 14:31:00 GMTKennecott Utah Copper’s Bingham Canyon Mine will operate at reduced capacity for at least six months, and probably longer, as a result of one of the biggest mine wall slides in history. http://www.amm.com/Article/3208556/Kennecott-output-reduced-at-least-6-months.htmlTue, 21 May 2013 14:28:00 GMTKennecott Utah Copper said it does not yet have a clear idea of how long the force majeure situation at its Bingham Canyon Mine will last. http://www.amm.com/Article/3208554/Time-frame-of-Kennecott-force-majeure-unclear.htmlTue, 21 May 2013 14:26:00 GMTConstellium N.V. expects to price company shares May 22 in an estimated $400-million initial public offering (IPO), according to a company presentation. http://www.amm.com/Article/3208257/Constellium-IPO-expected-within-days.htmlMon, 20 May 2013 22:27:00 GMTAMM's special correspondent Andrea Hotter ventures to the site of Kennecott Utah Copper’s Bingham Canyon Mine in the aftermath of last month's massive wall slide.http://www.amm.com/Article/3208249/VIDEO-Kennecotts-Bingham-Canyon-update.htmlMon, 20 May 2013 22:25:00 GMTFreeport-McMoRan Copper & Gold Inc.’s previously announced acquisition of Plains Exploration & Production Co.’s (PXP’s) oil and gas assets is expected to close May 31 after PXP shareholders approved the deal at a special meeting May 20. http://www.amm.com/Article/3208248/PXP-shareholders-OK-Freeport-deal.htmlMon, 20 May 2013 22:17:00 GMTGlobal Brass & Copper Holdings Inc.’s (GBC’s) initial public offering (IPO) is likely to take place this week, according to a company presentation. http://www.amm.com/Article/3208246/GBCs-initial-public-offering-may-price-this-week.htmlMon, 20 May 2013 22:10:00 GMTFelman Production LLC will idle one of its three electric-arc furnaces May 31 and has already begun reducing its work force, citing a recent decline in silicomanganese prices as a primary factor for the cost-cutting. http://www.amm.com/Article/3208216/Felman-plans-to-idle-furnace-cut-staff.htmlMon, 20 May 2013 20:38:00 GMTASTM International has approved a new specification for ornamental aluminum fence systems. http://www.amm.com/Article/3208211/Aluminum-fence-standard-OKd.htmlMon, 20 May 2013 20:25:00 GMTWoulfe Mining Corp. is aiming to reduce costs after a companywide review revealed liquidity issues and the ability of the company and its subsidiaries to meet various payables beyond the next few months. http://www.amm.com/Article/3208170/Woulfe-Mining-reviews-costs-Sangdong-project.htmlMon, 20 May 2013 19:01:00 GMTBankrupt aluminum producer Ormet Corp. says it could be forced to liquidate if its sale to an entity owned by private investment firm Wayzata (Minn.) Investment Partners LLC is not approved.http://www.amm.com/Article/3208166/Sale-or-liquidation-said-Ormets-options.htmlMon, 20 May 2013 18:45:00 GMTFormer Xstrata Plc chief executive officer Mick Davis has hired Goldman Sachs Group Inc. as part of a plan to raise a major mining fund—potentially worth billions of dollars—and could make a play for the Las Bambas copper project in Peru, AMM sister publication Metal Bulletin understands. http://www.amm.com/Article/3207704/Davis-to-raise-funds-invest-in-resources.htmlFri, 17 May 2013 22:52:00 GMTBrazilian ferroalloys producer Cia. de Ferro Ligas da Bahia (Ferbasa) saw first-quarter earnings fall year on year on reduced exports and increased costs.http://www.amm.com/Article/3207698/Ferbasas-first-quarter-profits-decline-as-shipments-slide.htmlFri, 17 May 2013 22:38:00 GMTOperations at Copper Mountain Mining Corp.’s semi-autogenous grinding mill at its Copper Mountain Mine in British Columbia have been temporarily suspended.http://www.amm.com/Article/3207632/SAG-mill-at-Copper-Mountain-Mine-down.htmlFri, 17 May 2013 20:36:00 GMTMidwest aluminum premiums rose slightly this past week after discounts subsided in the wake of lower metals prices on the London Metal Exchange. http://www.amm.com/Article/3207624/Midwest-aluminum-premiums-narrow.htmlFri, 17 May 2013 19:55:00 GMTSlowing demand and lower scrap prices could bring secondary aluminum alloy prices down in the coming weeks, according to market sources. http://www.amm.com/Article/3207616/Secondary-aluminum-alloy-prices-hold-steady.htmlFri, 17 May 2013 19:08:00 GMTLCH.Clearnet has increased the registration fee for London Metal Exchange trades to 15 pence per lot (23 cents) from 5 pence (8 cents), it announced May 15.http://www.amm.com/Article/3207528/LCHClearnet-increases-LME-trade-fees-shocking-brokers.htmlFri, 17 May 2013 16:58:00 GMTThe U.S. Commerce Department’s International Trade Administration (ITA) has determined that Shanghai Jinneng International Trade Co. Ltd., the sole company under review in an anti-dumping duty administrative review of silicon metal imports from China from June 1, 2011, to May 31, 2012, didn’t have any reviewable transactions. The China-wide cash deposit rate is 139.49 percent. http://www.amm.com/Article/3207501/ITA-concludes-China-silicon-metal-review.htmlFri, 17 May 2013 16:40:00 GMTTony Hayward, former chief executive officer of oil company BP Plc, has stepped in as interim chairman of Glencore Xstrata Plc following the departure of Sir John Bond. http://www.amm.com/Article/3207467/Glencore-Xstrata-taps-Hayward-interim-chairman.htmlFri, 17 May 2013 16:12:00 GMTService center sources are divided over whether recent data that showed declines in U.S. aluminum shipments and inventories last month indicate tough times ahead. http://www.amm.com/Article/3207125/Aluminum-distributors-divided-over-MSCI-data.htmlThu, 16 May 2013 22:56:00 GMTAlcoa Inc. plans to permanently close two older potlines at its Baie-Comeau smelter in Quebec and postpone the construction of a new potline by three years as the company looks to cut costs.http://www.amm.com/Article/3207003/Alcoa-to-shut-two-potlines-delay-third.htmlThu, 16 May 2013 20:16:00 GMTNoranda Income Fund reported a boost in zinc production in the first quarter, but output rates may be reduced going forward as the closure of Xstrata Zinc Canada’s Brunswick Mine forces Noranda’s refinery to process feed mix with a higher impurity content, the company said.http://www.amm.com/Article/3206877/Norandas-CEZinc-may-see-output-decline.htmlThu, 16 May 2013 18:14:00 GMTGlobe Metallurgical Inc. faces $106,000 in penalties after the October death of a worker at its silicon metal plant in Selma, Ala. http://www.amm.com/Article/3206856/Globe-faces-penalties-after-death-at-Ala-facility-OSHA.htmlThu, 16 May 2013 17:40:00 GMTBaja Mining Corp. remained in the red in the first quarter as its in-development copper-cobalt-zinc-manganese project in Baja California Sur, Mexico, continued to face financing issues.http://www.amm.com/Article/3206853/Baja-Mining-records-loss-in-first-quarter.htmlThu, 16 May 2013 17:39:00 GMTMining operations were suspended for a second day at PT Freeport Indonesia’s Grasberg copper and gold mine as the company confirmed the death of five workers in a tunnel collapse the day before.http://www.amm.com/Article/3206813/Mining-still-suspended-at-Grasberg-mine-as-death-toll-rises.htmlThu, 16 May 2013 16:51:00 GMTFirst Nickel Inc. produced an estimated 2.7 million pounds of payable nickel from its flagship Lockerby Mine in Ontario during the first quarter, up sharply from 1.2 million pounds in the same period last year and surpassing its goal of about 2.5 million pounds. http://www.amm.com/Article/3206811/First-Nickel-exceeds-output-goal-but-logs-loss-in-1st-qtr.htmlThu, 16 May 2013 16:41:00 GMTAlcoa Inc. has appointed Robert Wilt as president of global primary products effective June 1, the company said May 16. http://www.amm.com/Article/3206782/Alcoa-names-Wilt-president-of-global-primary-products.htmlThu, 16 May 2013 16:22:00 GMTGeneral Moly Inc. and Sichuan Hanlong (Group) Co. Ltd. have agreed to terminate a $125-million loan deal that was intended to supplement a $665-million term loan to finance the Mount Hope molybdenum project in Nevada.http://www.amm.com/Article/3206777/General-Moly-ends-125M-loan-deal-for-Mount-Hope.htmlThu, 16 May 2013 16:18:00 GMTGlencore Xstrata Plc has started zinc and copper production at the Bracemac-McLeod Mine in Quebec, in which it holds a 65-percent stake. http://www.amm.com/Article/3206775/Glencore-Xstratas-Quebec-mine-venture-kicks-off-output.htmlThu, 16 May 2013 16:12:00 GMTKobe Aluminum Automotive Products LLC (KAAP) has broken ground on a $66-million expansion at its Bowling Green, Ky., facility as the company looks to boost its offerings to the automotive sector. http://www.amm.com/Article/3206716/Kobe-Aluminum-expansion-will-increase-auto-offerings.htmlThu, 16 May 2013 15:01:00 GMTU.S. service centers saw both aluminum shipments and inventories decline in April from the same month a year ago, while Canadian distributors watched both rise in the same comparison, Metals Service Center Institute (MSCI) data show. http://www.amm.com/Article/3206370/US-distributors-aluminum-shipments-slip-MSCI.htmlWed, 15 May 2013 21:43:00 GMTPension Benefit Guaranty Corp. (PBGC) has objected to the sale of bankrupt aluminum producer Ormet Corp. to an entity owned by private investment firm Wayzata (Minn.) Investment Partners LLC.http://www.amm.com/Article/3206367/PBGC-files-objection-to-Ormet-sale.htmlWed, 15 May 2013 21:41:00 GMTAluminum prices on the London Metal Exchange might not improve for a year or more, but that won’t change Novelis Inc.’s plans for growth, president and chief executive officer Philip Martens said.http://www.amm.com/Article/3206359/Novelis-forges-on-despite-LME-woes-Martens.htmlWed, 15 May 2013 21:26:00 GMTNovelis Inc. has announced a host of senior executive changes in what the company says are moves to better position it for global growth.http://www.amm.com/Article/3206340/Novelis-management-rejig-targets-global-expansion.htmlWed, 15 May 2013 20:19:00 GMTA working group of tungsten refining companies has set up a framework to help people meet their legal obligations regarding conflict minerals, under section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. http://www.amm.com/Article/3206339/Conflict-minerals-framework-set-up-for-tungsten-industry.htmlWed, 15 May 2013 20:11:00 GMTTungsten Corp. has appointed legal professional and securities expert Joseph P. Galda to its board of directors.http://www.amm.com/Article/3206292/Tungsten-Corp-names-Galda-to-board.htmlWed, 15 May 2013 17:42:00 GMTAurubis AG saw a loosening in copper concentrate supply during its fiscal first half ended March 31 as mine supply picked up, leading to a 10-percent increase in realized treatment and refining charges (TCs/RCs) during the period. http://www.amm.com/Article/3206286/Copper-concentrate-supply-looser-scrap-tighter-Aurubis.htmlWed, 15 May 2013 17:37:00 GMTRevere Copper Products Inc. will increase its fabrication prices by 6 percent on all copper and copper alloy products effective with new orders July 1.http://www.amm.com/Article/3206264/Revere-sets-6-fabrication-price-increase.htmlWed, 15 May 2013 17:15:00 GMTA tunnel collapse at PT Freeport Indonesia’s Grasberg copper-gold mining operations has killed two workers and left 31 trapped. http://www.amm.com/Article/3206206/Two-killed-31-trapped-in-Grasberg-collapse.htmlWed, 15 May 2013 16:20:00 GMTNovelis Inc. continues to move forward with expansions to its rolling, heat-treatment and recycling capabilities worldwide despite headwinds in Asia and a competitive can market in North America, company executives said. http://www.amm.com/Article/3205850/Novelis-to-expand-despite-challenges.htmlTue, 14 May 2013 23:17:00 GMTNovelis Inc. sees additional automotive aluminum sheet finishing capacity as necessary in the United States despite announced expansions from competitors, president and chief executive officer Philip Martens said. http://www.amm.com/Article/3205823/More-auto-heat-treat-capacity-needed-Novelis.htmlTue, 14 May 2013 22:14:00 GMTDLA Strategic Materials is again offering 2,000 short tons of 76.76-percent high-carbon ferromanganese from the domestic market and 1,145 tons of 76.45-percent material from Japan. http://www.amm.com/Article/3205795/DLA-offering-high-carbon-ferromanganese.htmlTue, 14 May 2013 20:38:00 GMTNovelis Inc.’s profits surged despite lower average aluminum prices, lower shipments and disruptions at its North American operations. http://www.amm.com/Article/3205782/Novelis-posts-stronger-net-income-despite-challenges.htmlTue, 14 May 2013 20:18:00 GMTUnited Co. Rusal has called for industrywide production cuts to check a supply glut. http://www.amm.com/Article/3205764/Rusal-tries-to-set-example-with-output-cut.htmlTue, 14 May 2013 19:48:00 GMTAleris International Inc.’s fire-damaged plant in Richmond, Va., has resumed full operations. http://www.amm.com/Article/3205742/Fire-hit-Aleris-plant-resumes-full-operations.htmlTue, 14 May 2013 19:07:00 GMTAn unknown number of workers at PT Freeport Indonesia’s Grasberg copper-gold mine have been trapped after a tunnel in the underground training area collapsed, the company said May 14.http://www.amm.com/Article/3205598/Workers-trapped-at-Freeports-Grasberg-mine-after-tunnel-collapse.htmlTue, 14 May 2013 15:44:00 GMTBHP Billiton Plc will cut capital and exploration expenditures in fiscal 2014 and expects more substantial cuts thereafter, chief executive officer Andrew Mackenzie said May 14.http://www.amm.com/Article/3205587/BHP-slashing-fiscal-2014-capex.htmlTue, 14 May 2013 15:41:00 GMTMidwest spot aluminum premiums have remained largely unchanged over the past week despite continued and considerable disagreement over the direction of the market. http://www.amm.com/Article/3205588/Spot-aluminum-premiums-hold-steady.htmlTue, 14 May 2013 15:32:00 GMTIndian steelmaker Tata Steel Ltd. will report a $1.6-billion noncash write-down of its assets for its fiscal year ended March 31.http://www.amm.com/Article/3205523/Indias-Tata-Steel-to-report-16B-write-down.htmlTue, 14 May 2013 14:59:00 GMTGlobe Specialty Metals Inc. has appointed Joseph Ragan as its new chief financial officer effective May 20. http://www.amm.com/Article/3205509/Globe-Specialty-Metals-taps-Ragan-finance-chief.htmlTue, 14 May 2013 14:41:00 GMTConstellium Holdco BV expects to net approximately $180 million from an initial public offering, according to documents filed May 13 with the U.S. Securities and Exchange Commission (SEC). http://www.amm.com/Article/3205209/Constellium-sees-IPO-netting-180M.htmlMon, 13 May 2013 22:42:00 GMTThe European Commission has approved a 50-50 joint venture between Norsk Hydro ASA and Orkla ASA, the companies announced May 13.http://www.amm.com/Article/3205194/European-Commission-OKs-Hydro-Orkla-deal.htmlMon, 13 May 2013 21:49:00 GMTTool maker Kennametal Inc. said it has signed a definitive agreement to acquire the operating assets of Bolivian tungsten ore processor and exporter Comercializadora Emura SRL.http://www.amm.com/Article/3205184/Kennametal-to-buy-tungsten-processor-Emura.htmlMon, 13 May 2013 21:14:00 GMTBaja Mining Corp.’s Minera y Metalúrgica del Boleo (MMB) copper-cobalt-manganese-zinc mining unit has received $65 million in construction funds from Korea Resources Corp., Baja said May 13. http://www.amm.com/Article/3205153/Boleo-Mine-gets-fund-injection-from-Korea-Resources.htmlMon, 13 May 2013 19:40:00 GMTMarket participants remain divided on whether the aluminum billet market is seeing an uptick in demand after a slow first quarter, with some contending that building and construction activity is picking up and others reporting little change in order entry rates. http://www.amm.com/Article/3205125/Some-optimism-seen-in-billet-market.htmlMon, 13 May 2013 18:56:00 GMTChile is expected to receive about $104 billion in mining project investment over the next 10 years, of which about $80 billion will go toward copper projects, the Chilean Copper Commission (Cochilco) said. http://www.amm.com/Article/3205038/Energy-water-issues-weigh-on-Chiles-mining-industry.htmlMon, 13 May 2013 15:55:00 GMTGlencoreXstrata Plc reported an 18-percent increase in copper output from its own mines in the first quarter vs. the same quarter last year due to a rise in production at its African operations.http://www.amm.com/Article/3205021/GlencoreXstrata-copper-output-up-18-in-1st-quarter.htmlMon, 13 May 2013 15:41:00 GMTSocial conflicts over water reserves have deferred more than $7 billion in Peru’s project investments since last year. http://www.amm.com/Article/3205022/Investment-in-Peru-delayed-by-social-conflicts-over-water.htmlMon, 13 May 2013 15:41:00 GMTLatin America is the world’s most popular precious and nonferrous metals exploration destination, yet most countries in the region have recently suffered water and energy supply problems for their mining industries, according to a report released earlier this year by consultancy SNL Metals Economics Group. http://www.amm.com/Article/3205000/Latin-American-infrastructure-woes-barrier-to-mining.htmlMon, 13 May 2013 15:08:00 GMTBrazil’s aluminum industry will be largely untouched by a government electricity tariff reduction measure announced in January despite the sector’s demand for large quantities of energy compared with other fields. http://www.amm.com/Article/3204974/Brazils-aluminum-sector-largely-unfazed-by-tariff-cut.htmlMon, 13 May 2013 14:32:00 GMTAmerigo Resources Ltd. is conducting a "detailed economic review of molybdenum production under current prices" given the "minimal profitability" of its molybdenum operations in the first quarter, it said. http://www.amm.com/Article/3204539/Amerigo-reviews-moly-cuts-output-forecast.htmlFri, 10 May 2013 22:05:00 GMTMolybdenum prices won’t improve without an economic catalyst to boost global demand, and Thompson Creek Metals Co. Inc. is unlikely to resume stripping at its namesake mine until prices improve, chairman and chief executive officer Kevin Loughrey told AMM.http://www.amm.com/Article/3204523/Thompson-Creek-seeks-moly-price-recovery.htmlFri, 10 May 2013 21:37:00 GMTRoyal Nickel Corp. has signed a royalty purchase agreement with RK Mine Finance in which RK will acquire a 1-percent net smelter return royalty in the Dumont nickel project in Quebec for $15 million. http://www.amm.com/Article/3204499/Royal-Nickel-inks-royalty-deal-with-Red-Kite.htmlFri, 10 May 2013 21:27:00 GMTRio Tinto Alcan wants to continue to play a role selling metal produced at its smelter and cast house in Sebree, Ky., even after selling the operation to Century Aluminum Co. later this spring, according to a letter to customers.http://www.amm.com/Article/3204492/Alcan-hopes-to-remain-involved-in-Sebree.htmlFri, 10 May 2013 21:14:00 GMT