Apr
30
Shanghai Weekly Inventory 30 Apr 2010
April 30, 2010 | Leave a Comment
Shanghai Weekly Inventory:
Copper +1534,
Aluminum +1686,
Zinc +1686.
Apr
30
LME Copper Inventory 30 Apr 2010
April 30, 2010 | Leave a Comment
LME Inventory Update:
Copper -3250MT
Lead +775MT
Zinc +7150MT
Nickel-570MT
Aluminium -6250
Tin +115Mt.
Apr
29
Taseko Mines Q1 copper production up 33 pct..
April 29, 2010 | Leave a Comment
Mineral exploration company Taseko Mines Ltd posted a 33 percent increase in copper production at its Gibraltar mine in British Columbia in the first quarter, helped by recently upgraded concentrator components and circuits.
For the first quarter, the company produced 23.2 million pounds of copper and 194,000 pounds of molybdenum.
Copper [...]
Apr
29
China Says Vale, BHP Threaten to Cut Iron Ore Supply ..
April 29, 2010 | 1 Comment
April 28 — Vale SA, BHP Billiton Ltd. and Rio Tinto Group, the three largest exporters of iron ore, threatened to cut supplies unless steelmakers accept their price demands, the China Iron & Steel Association said.
The mining companies asked for price gains of between 90 percent and 100 percent for the steelmaking ingredient [...]
Apr
29
China’s steel product inventory by the end of April is expected to fall 9 percent compared with the previous month, the country’s steel association said on Wednesday.
Speaking at a briefing, China Iron and Steel Association vice-chairman Luo Bingsheng told reporters that steel product stocks in 20 major cities were expected [...]
Apr
29
World zircon shortage leads Alkane Resources to double output at Dubbo Project..
April 29, 2010 | Leave a Comment
A shortfall in the world supply of zircon and positive reaction from potential customers has led to Alkane Resources (ASX: ALK) scaling up the base case for its Dubbo Zirconia Project (DZP) to 400,000 tonnes pa throughput and doubling product output.
Zircon is the primary feed material for the downstream zirconium chemicals [...]
Apr
29
Gunson Resources in funding discussions for Mount Gunson Copper Project..
April 29, 2010 | Leave a Comment
Gunson Resources (ASX: GUN) has completed a ten hole wide-diameter diamond drilling program on the MG 14 – Windabout Excised Area at the Mount Gunson Copper Project, South Australia, on 18 April.
The object of this program, which began 17 March, was to collect samples for metallurgical test work, as part of the [...]
Apr
29
Margin pressure drags SPIL’s Q1 net income lower..
April 29, 2010 | Leave a Comment
Thursday, Apr 29, 2010,
Local chip packager Siliconware Precision Industries Co (SPIL, 矽品精密) said yesterday its first-quarter net income dropped 64.82 percent to NT$1.51 billion (US$48 million) from NT$4.3 billion in the previous quarter because of gross-margin pressure from rising gold prices and fluctuations in the exchange rate.
The first-quarter profit, however, soared [...]
Apr
22
Massey Energy, the owner of the West Virginia coal mine where 29 people were killed in a mine blast this month, said the accident will cost the company about $212m, more than twice its 2009 earnings.
The costs for compensation for the families of miners, rescue efforts and legal contingencies will be between [...]
Apr
22
Jiangxi Copper Q1 net profit more than quadruples..
April 22, 2010 | Leave a Comment
Jiangxi Copper, China’s largest integrated copper producer, reported a more than quadrupling of first-quarter net profit as copper and sulphuric acid prices rebounded.
Jiangxi Copper, which operates China’s largest open pit and underground copper mines as well as the country’s largest copper refinery, said in a statement on Wednesday the profit [...]