SYDNEY, July 23- Brazil's BTG Pactual has received a green light from the London Metal Exchange to set up warehousing operations in Singapore, marking the investment bank's first foray into Asia as builds out its physical metals business.» Read More
JAKARTA, July 16- Indonesia's likely next president signaled a conciliatory approach to the country's contract dispute with Newmont Mining Corp a day after the outgoing government threatened to end the U.S. miner's contract over a legal challenge.
Rio Tinto said it was on track to produce 295 million tons of the steel-making material in 2014, up from 266 million last year.
*China Q2 GDP grows 7.5 pct on year. SYDNEY, July 16- A slight pick up in the pace of China's economic growth in the second quarter brightened the outlook for metals demand on Wednesday, helping drive Shanghai zinc and London aluminium near their highest in more than a year.
SYDNEY, July 16- Shanghai zinc rallied to a fresh 17- month high in early trade on Wednesday, playing catch up to overseas prices that have rallied on prospects of dwindling mine supply, while other contracts steadied ahead of a rash of China economic data.
JAKARTA, July 15- Indonesia could terminate Newmont Mining Corp's copper mine contract if the U.S.-based firm does not withdraw a legal challenge to the country's export taxes, a government official said on Tuesday. The firm, along with U.S. miner Freeport-McMoRan Copper& Gold, has halted copper exports for the last six months.
NEW DELHI, July 15- India said on Tuesday it may appeal against parts of a World Trade Organization ruling against countervailing U.S. duties on some of its steel exports, despite being partly vindicated in a trade dispute.
Gold prices took a hard fall Monday as the worries that drove prices up last week dissipate and investors push the stock market up. Gold for August delivery sank $30.70, or 2 percent, to settle at $1,306.70 an ounce. Platinum for October sank $20.80 to $1,493.00 an ounce, while palladium for September sank $3.30 to $872.00 an ounce.
But Washington sees bright side of findings. GENEVA, July 14- World Trade Organization judges said on Monday the United States broke its rules in imposing hefty duties on Chinese steel products, solar panels and a range of other goods that Washington argues enjoyed government subsidies.
WASHINGTON, July 14- The United States is studying a World Trade Organization ruling about anti-subsidy duties imposed on some Indian steel products and will consider all available options, the office of the U.S.
NEW YORK— Shares of some top gold companies are down at 1 p.m.:. Barrick Gold Corp. fell$. 38 or 2.0 percent, to $18.91. Newmont Mining Corp. fell$. 57 or 2.2 percent, to $25.36.
Arch Coal rose$. 04 or 1.3 percent, to $3.24. Consol Energy Inc. rose$. 02 or percent, to $43.31. Peabody Energy fell$. 10 or. 6 percent, to $15.84.
Hecla Mining Co. fell$. 09 or 2.6 percent, to $3.36. Pan American Silver Corp. fell$. 33 or 2.1 percent, to $15.28. Silver Standard Resources Inc. fell$. 31 or 3.4 percent, to $8.88.
GENEVA, July 14- The World Trade Organization on Monday backed some key claims by India against countervailing duties imposed by the United States on certain steel products, but rejected others.
GENEVA, July 14- World Trade Organization judges found on Monday that the United States had violated global trade rules by imposing punitive import duties on a range of Chinese steel products, solar panels and other goods that Washington said enjoyed government subsidies.
GENEVA, July 14- The World Trade Organization on Monday backed some key claims by India against U.S. countervailing duties on certain steel products, but rejected others. The WTO panel, ruling on the April 2012 case, said that the United States had acted wrongly in claiming some Indian subsidy programs had given Tata unfair advantage.
London, July 14- Copper dipped and zinc retreated from its highest levels in almost three years on Monday as investors worried that prices may have overshot after recent gains. Copper had gained 9 percent from mid-June to July 8, when it touched a 4-1/ 2 month high. Benchmark copper on the London Metal Exchange shed 0.4 percent to $7,127.75 a tonne by 1418 GMT.
NEW YORK— Shares of some top gold companies are down at 10 a.m.:. Barrick Gold Corp. fell$. 36 or 1.9 percent, to $18.93. Newmont Mining Corp. fell$. 61 or 2.3 percent, to $25.33.
Hecla Mining Co. fell$. 10 or 2.9 percent, to $3.35. Pan American Silver Corp. fell$. 47 or 3.0 percent, to $15.14. Silver Standard Resources Inc. fell$. 26 or 2.8 percent, to $8.93.
Arch Coal rose$. 02 or. 6 percent, to $3.22. Consol Energy Inc. rose$. 28 or. 6 percent, to $43.57. Peabody Energy rose$. 09 or. 6 percent, to $16.02.
Whiting Petroleum said it would acquire Kodiak Oil& Gas for $3.8 billion, becoming the largest producer in North Dakota's Bakken shale play.