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Metals and Mining

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  • The U.S. Court of Appeals for the District of Columbia Circuit rejected a challenge by environmental groups, including the Natural Resources Defense Council and the Sierra Club, which said the emissions standards were not stringent enough.

  • *Canadian company ready to mine off Papua New Guinea. NEWCASTLE, England/ LONDON, April 18- The world's first deep sea mining robot sits idle on a British factory floor, waiting to claw up high grade copper and gold from the seabed off Papua New Guinea- when a wrangle over terms is solved. The world waits for the judgement of a United Nations agency based in Jamaica.

  • CONAKRY, April 17- Guinea's government has accepted a report recommending the cancellation of two iron ore concessions held by BSG Resources and its joint venture partner, Brazilian miner Vale, a spokesman said on state television on Thursday.

  • NEW YORK/ LONDON, April 17- Platinum prices fell to their lowest in more than two weeks on Thursday, reversing initial gains after South Africa's biggest platinum producers offered to raise wages for miners in a bid to end a 13- week-old strike that has curbed metal output.

  • CONAKRY, April 17- Guinea will announce the cancellation on Thursday of two iron ore concessions held by BSG Resources and its joint venture partner, Brazilian mining giant Vale, a senior government source said.

  • CONAKRY, April 17- Guinea's government has approved a report recommending that BSG Resources and its joint venture partner, Brazilian mining giant Vale, be stripped of two iron ore concessions, a Guinean government source said on Thursday.

  • CONAKRY, April 17- Guinea's government has approved a report recommending that BSG Resources and its joint venture partner, Brazilian mining giant Vale, be stripped of two iron ore concessions, a Guinean government source said on Thursday.

  • LONDON, April 16- Sharp sell-offs in copper and iron ore last month helped boost first-quarter exchange trading activity across the industrial metals. The return of volatility to the iron ore market, meanwhile, fired up trading volumes on the Singapore Exchange and the new Dalian Commodity Exchange contract.

  • LONDON, April 16- The top names in global mining, gathered in Chile last week, publicly shrugged off concerns that copper financing deals in China, that have locked up mountains of metal, could unravel.

  • China's plan for iron ore giants hard to make the grade Wednesday, 16 Apr 2014 | 5:06 AM ET

    *China plans 6-8 big iron ore miners to rely less on imports. SHANGHAI, April 16- China's bid to slash its dependence on foreign iron ore miners by creating its own mega producers risks running aground before it starts due to high costs and poor quality of ore.

  • Nick Clarke, CEO of Central Asia Metals, discusses the company's earnings and what effect a low copper price would have on the company.

  • SYDNEY, April 16- Australian miners are racing ahead with plans to expand iron ore production to capture more of the Chinese market for the steelmaking ingredient, amid strong competition from the world's biggest supplier Vale of Brazil.

  • SYDNEY, April 16- BHP Billiton is lifting its iron ore production this year to capture more of the Chinese market for the steelmaking ingredient, amid strong competition from rivals in Australia and Brazil.

  • Rio Tinto: Iron ore shipments down     Tuesday, 15 Apr 2014 | 11:15 AM ET

    Paul Renken, chief geologist and mining analyst at VSA Capital, discusses mining stocks and the outlook for iron ore, after Rio Tinto posted an 8 percent drop in the metal's shipments.

  • Warnings fly in tense call between Obama and Putin Tuesday, 15 Apr 2014 | 9:38 AM ET
    President Barack Obama

    President Obama said to President Putin during a phone call that Russia would have to face further sanctions if it continues its actions in Ukraine.

  • Gold to remain supported?     Tuesday, 15 Apr 2014 | 4:40 AM ET

    Simona Gambarini, associate director of research at ETF Securities, says gold price will remain supported due to heightened risks and discusses the outlook for platinum and palladium.

  • *Indonesia's export ban, Russia sanctions support. *Copper falls for 2nd day on China's demand woes. SINGAPORE, April 15- Nickel edged lower on Tuesday as the market took a breather after hitting a 14- month high in the previous session, supported by Indonesia's ore export ban and the prospect of tougher sanctions against Russia over Ukraine.

  • SYDNEY, April 15- Rio Tinto's iron ore shipments fell 8 percent in the first-quarter from the previous quarter due to weather-related disruptions in Australia and Canada, but the miner said it was on track to meet its full-year target.

  • SINGAPORE, April 15- Gold was trading near its highest in three weeks on Tuesday as heightened tensions between the West and Russia over Ukraine lifted the metal's safe-haven appeal. Palladium continued to hold near its highest since August 2011 on worries over supply constrains from Russia and South Africa, the top two producers of the metal.

  • SYDNEY, April 15- World number 2 iron ore producer Rio Tinto posted an 8 percent drop in first-quarter shipments compared with the previous quarter owing to weather-related disruptions in Australia and Canada.