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Newmont Mining Corp., Denver, has completed the sale of its royalty assets and other non-core investments to Franco-Nevada Corp., Toronto, for about $1.3 billion.
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Castillian Resources Corp., Toronto, has agreed to pay $7 million to purchase 100 percent of Xstrata Plc’s Mangabel copper and nickel project in Brazil’s Goias state.
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Ormet Corp., Hannibal, Ohio, has 65 percent of its sixth and final potline running at its 260,000-tonne-per-year aluminum smelter, according to Mike Tanchuk, president and chief executive officer.
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The world's refined copper production deficit widened for the first nine months of this year as Chinese demand continued to accelerate, according to latest figures by the International Copper Study Group (ICSG), Lisbon, Portugal.
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The Timken Co., Canton, Ohio, has been contracted by Siemens VAI Metals Technologies Ltd. to supply bearings for two new aluminum-rolling mills under construction in China for Aluminum Corp. of China (Chinalco), Beijing.
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FNX Mining Co. Inc., Toronto, has declined a request from its largest shareholder, York Capital Management LLC, to put itself up for sale, but it will consider takeover offers, the company said Thursday.
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Becancour Silicon Inc. (BSI), a subsidiary of Timminco Ltd., Toronto, has started production of solar-grade silicon metal on the first of three production lines at its new plant in Becancour, Quebec.
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Business activity in the U.S. physical copper market has come to a standstill as concerns over the slowdown in the residential construction sector deepen and consumers continue to run down inventory ahead of year-end.
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FNX Mining Co. Inc., Toronto, has declined a request from its largest shareholder, York Capital Management LLC, to put itself up for sale, but it will consider takeover offers, the company said Thursday.
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A new decision on the legality of a nearly five-month-long strike at Grupo Mexico SA de CV’s Cananea copper mine in Sonora state is expected early next year, a source close to the company said.
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Leggett & Platt Inc., Carthage, Mo., has taken the first steps in the process to sell its aluminum products division.
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Lead regained ground on the London Metal Exchange Wednesday and Thursday following news that several companies in Shadian, Yunnan province, had ceased production because of a tax dispute.
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A new decision on the legality of nearly five months of industrial action at Grupo Mexico SA de CV’s Cananea copper mine in Sonora state is expected early next year, a source close to the company said.
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Leggett & Platt Inc., Carthage, Mo., has taken the first steps in the process to sell its aluminum products division.
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Newmont Mining Corp., Denver, has completed the sale of its royalty assets and other non-core investments to Franco-Nevada Corp., Toronto, for about $1.3 billion.
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Castillian Resources Corp., Toronto, has agreed to pay $7 million to purchase 100 percent of Xstrata Plc’s Mangabel nickel-copper project in Brazil’s Goias state, Castillian said Thursday.
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The former lawyer of Refco Inc. has been indicted for allegedly conspiring with executives of the defunct New York-based futures and commodities brokerage to commit fraud.
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Spot magnesium prices have spiked as buyers in need of material discover they have plenty of company but very few choices in the U.S. market, sources said.
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Lead regained some ground on the London Metal Exchange Wednesday following news that several companies in Shadian, Yunnan province, had ceased production because of a tax dispute.
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The former lawyer of Refco Inc. has been indicted by federal prosecutors for allegedly conspiring with executives of the defunct New York-based futures and commodities brokerage to commit fraud.
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Spot magnesium prices have spiked as buyers in need of material discover they have plenty of company but very few choices in the U.S. market, sources said.
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The former lawyer of Refco Inc. has been indicted by federal prosecutors for allegedly conspiring with executives of the defunct New York-based futures and commodities brokerage to commit fraud.
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U.S aluminum premiums have softened slightly in patchy year-end trading as the market turns its attention to next year.
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Silicomanganese prices rose moderately in the Chinese market this week amid tight supply due to an electricity shortage in southwestern China.