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  • While traditional mining powerhouses like Australia, Canada and Chile still offer opportunities, mining companies are under no illusion about the high cost of operating in these jurisdictions and the relatively low chances of scoring a major new deposit. Africa is often cited as a continent filled with promise, but outside of countries with existing...

  • Output for the quarter from the world's second-biggest gold mining nation after China totaled 71.5 tonnes versus 77.5 tonnes in the previous quarter, according to the survey by Australian mining consultancy Surbiton Associates. "This year heavy rain in Western Australia, which accounts for about three-quarters of Australias gold output, plus the effects...

  • *U.S., UK and Chinese traders all absent on Monday. LONDON, May 26- Copper pulled back from the previous session's three-week high on Friday with an easing of supply concerns linked to a strike at one of the world's biggest copper mines, Indonesia's Grasberg, ahead of the long weekend break. Dutch bank ING said in a note that Freeport has about 100,000 tonnes of copper...

  • SHANGHAI, May 26- April Zhang, a 21- year-old student from Shanghai, reflects the fast-shifting attitudes of China's younger generations towards sex. In China's big cities, condoms are now available in plain view: convenience stores on urban high streets often have condoms on display by the till, while brands like Durex have millions of followers on their China...

  • *U.S., UK and Chinese traders all absent on Monday. LONDON, May 26- Copper edged back from the previous session's three-week high on Friday as concerns eased over a strike at one of the world's biggest copper mines, Indonesia's Grasberg, though moves were muted ahead of the long weekend break. Dutch bank ING said in a note that Freeport has around 100,000 tonnes of...

  • MELBOURNE, May 26- London Metal Exchange copper hovered near its highest in three weeks on Friday, supported by supply concerns after news of further disruption at Indonesia's Grasberg, one of world's biggest copper mines. Prices on Thursday tipped the highest since May 3 at $5,768.50 and have held in a wider $5,480- $5,800 range since mid-April.

  • MELBOURNE, May 26- London Metal Exchange copper hovered near its highest in three weeks on Friday, supported by supply concerns after news of further disruption at Indonesia's Grasberg, one of world's biggest copper mines. On the demand side, China is gradually slowing down, and we haven't seen much from the U.S.- they promised a big infrastructure package but no...

  • *Australia selling record volumes of wheat, barley, canola. *But rival Black Sea exports could dent Aus volumes later in year. SINGAPORE/ SYDNEY, May 26- Australia's grain exports have shot to record volumes this year as bumper crops push down prices, but levels may fade towards year-end as rival shipments step up from the Black Sea region.

  • *Asia stocks slip despite Wall Street scaling new highs. SINGAPORE, May 26- Crude prices were on the defensive on Friday after an agreement by OPEC to extend existing supply curbs disappointed investors wagering on larger cuts, prompting a move away from riskier assets and depressing Asian stocks. The Organization of Petroleum Exporting Countries and some non-...

  • *Asia stocks slip despite Wall Street scaling new highs. SINGAPORE, May 26- Crude prices remained subdued early on Friday after an agreement by OPEC to extend existing supply curbs disappointed many who had hoped for larger cuts. The Organization of Petroleum Exporting Countries and some non- OPEC producers agreed at a meeting in Vienna on Thursday to extend...

  • CHICAGO, May 25- U.S. soybean futures fell to a 1-1/ 2- month low on Thursday, pressured by a sharp drop in crude oil prices, traders said. Wheat futures were mixed, with K.C. hard red winter wheat and Chicago Board of Trade soft red winter wheat easing on technical selling. K.C. hard red winter wheat for July delivery settled down 1-1/ 2 cents at $4.31-1/ 4 a bushel and CBOT...

  • At 10:35 a.m. CDT, K.C. hard red winter wheat for July delivery was up 3-3/ 4 cents at $4.36-1/ 2 a bushel and MGEX July spring wheat futures were 3-1/ 2 cents higher at $5.64-1/ 2 a bushel. Chicago Board of Trade July soft red winter wheat, the most actively traded wheat contract was 1 cent higher at $4.33-1/ 2 a bushel. "I think the wheat market has bottomed out at around $4.30;...

  • *European trade slowed by holidays in France and Germany. The Chicago Board of Trade most-active wheat contract rose 0.4 percent to $4.34-1/ 4 a bushel by 0939 GMT, having added 0.7 percent on Wednesday. "I think the wheat market has bottomed out at around $4.30, funds are short on wheat and any short-covering will support prices," said Ole Houe, an analyst with...

  • WELLINGTON, New Zealand— California- based company Rocket Lab said Thursday it had launched a test rocket into space from its New Zealand launch pad, although the rocket didn't reach orbit as hoped. Rocket Lab was given official approval last week to conduct three test launches from the remote Mahia Peninsula on the North Island. New Zealand has never had a space...

  • SINGAPORE, May 25- Chicago wheat futures rose for a second straight session on Thursday with short-covering by funds and concerns over excessive moisture in the U.S. grain growing areas underpinning the market. The Chicago Board of Trade most-active wheat contract rose 0.6 percent to $4.35 a bushel by 0332 GMT, having added 0.7 percent on Wednesday.

  • *China is one of world's fastest growing condom markets. SYDNEY, May 25- A Chinese consortium is buying Ansell Ltd's condom division, the world's no. 2 condom maker, for $600 million, betting on surging demand in China as sex becomes less of a taboo subject and more emphasis is placed on public health education. Ansell's brands include Jissbon, which sounds like James...

  • WELLINGTON, New Zealand— New Zealand's conservative government is planning to reduce taxes and spend more money on building roads and railways as it looks to cash in on a thriving economy. The budget released Thursday is the ninth for the conservative government that gained power in 2008 and the first under new Finance Minister Steven Joyce.

  • *OPEC- led cuts initially agreed for six months to June. That's the question OPEC and oil markets are grappling with before Thursdays meeting of producer countries in Vienna. The cuts were initially agreed to run during the first half of 2017. OPEC and other producers, including Russia, are now expected to agree to extend the deal on Thursday, possibly for nine more...

  • *OPEC- led cuts initially agreed for six months to June. That's the question OPEC and oil markets are grappling with before Thursdays meeting of producer countries in Vienna. The cuts were initially agreed to run during the first half of 2017. OPEC and other producers, including Russia, are now expected to agree to extend the deal on Thursday, possibly for nine more...

  • *OPEC- led cuts initially agreed for six months to June. That's the question OPEC and oil markets are grappling with before Thursdays meeting of producer countries in Vienna. The cuts were initially agreed to run during the first half of 2017. OPEC and other producers, including Russia, are now expected to agree to extend the deal on Thursday, possibly for nine more...