Hecla Mining Co. rose$. 05 or 1.7 percent, to $2.93. Pan American Silver Corp. rose$. 36 or 3.4 percent, to $11.00. Silver Standard Resources Inc. rose$. 34 or 5.6 percent, to $6.37.» Read More
TORONTO, July 8- Alcoa Inc, the largest U.S. aluminum producer, still sees global demand for aluminum products growing 7 percent this year, signalling a potential price rise for the metal as bulging Chinese aluminum inventories begin to dwindle.
Greg Johnson, President & CEO of Prophecy Platinum, talks about the rise in platinum prices and the impact of mining labor unrest in South Africa.
Analysts are expecting a dismal second-quarter earnings season but Alcoa, first out of the gate, beat on both earnings and revenue.
TORONTO, July 8- Alcoa Inc remains optimistic that global demand for aluminum will grow 7 percent this year, driven largely by demand from the aerospace and commercial transportation sectors, the largest aluminum producer in the United States said on Monday.
CALGARY, Alberta, July 8- Pilot projects in an as-yet undeveloped oilfield could remake Canada's energy map, if producers can successfully wrest a sludgy, tarry substance called bitumen from porous rock in remote northern Alberta.
*China trade data due July 10. A better-than-expected U.S. jobs report on Friday sparked a fall in metals prices as investors would back expectations for demand, which fed into broader worries about slowing economic growth in China, the world's top copper consumer, said Melbourne- based ANZ analyst Natalie Rampono. "
SINGAPORE, July 8- London copper slipped on Monday after a rosier than expected U.S. labour report raised expectations the U.S. *The most-traded November copper contract on the Shanghai Futures Exchange fell 1.6 percent to 48,890 yuan a tonne.
July 7- The deadly train derailment in Quebec this weekend is set to bring intense scrutiny to the dramatic growth in North America of shipping crude oil by rail, a century-old practice unexpectedly revived by the surge in shale oil production.
*Third of all gold ever produced came from South Africa. KROMDRAAI/ JOHANNESBURG, South Africa, July 7- A hand drill lying in the hillside tunnel of a 19th- century South African gold mine testifies to the back-breaking labour by black miners that built what was once the world's biggest bullion industry.
LONDON, July 5- Copper fell for a second day on Friday, under pressure from a stronger dollar after data showed U.S. employers added more jobs than expected in June and on worries over economic growth prospects in China and Europe.
LONDON, July 5- Holdings of Absa Capital's platinum-backed exchange-traded fund have risen above half a million ounces just 10 weeks after its launch, accounting for a quarter of all global platinum ETF reserves, the fund said on Friday. Absa said as of the end of Thursday, its NewPlat ETF held 503,613 ounces of platinum, up 3.3 percent from the previous day.
SINGAPORE, July 5- London copper slipped on Friday ahead of a crucial U.S. labour report, but was set to log its biggest weekly gain since early May as a shortfall in Chinese supply and technical buying supported prices. *Copper prices are heading for gains of about 2.5 percent this week, the largest weekly rise since May 3.
*Copper backwardation eases from 1 year high. LONDON, July 4- Copper slipped on Thursday from the previous session's two-week highs, under pressure from a stronger dollar and easing concerns over supply tightness.
New or resurrected mining and smelting projects in some areas of Europe are providing some prospects for growth in the region as countries struggle with recession and crippling unemployment.
*Copper backwardation eases from 1 year high. LONDON/ SINGAPORE, July 4- Copper slipped from two-week highs on Thursday under pressure from a stronger dollar and as traders took to the sidelines ahead of a key U.S. jobs report.
July 3- A group of U.S. companies that produce specialty steel pipe used to drill for oil and gas have launched one of the biggest steel trade cases in years, asking the U.S. International Trade Commission to stem what they say is a flood of unfairly traded products from nine countries.
LONDON, July 3- "The president has declared war on coal," West Virginia Senator Joe Manchin complained last month. Manchin, a Democrat, was responding to President Barack Obama's much-heralded announcement that he had directed the Environmental Protection Agency to develop new emission standards for existing power plants.
PRETORIA, July 3- South Africa's Association of Mineworkers and Construction Union refused to sign a government-brokered stability pact on Wednesday aimed at defusing tensions in the mining industry ahead of tough wage talks.
July 3- A group of U.S. companies that produce specialty steel pipe used to drill for oil and gas have launched a major trade case, asking the U.S. International Trade Commission to stem what they say is a flood of unfairly traded products from nine countries.
LONDON, July 3- A group of steel pipe makers in the United States has urged the U.S. International Trade Commission to consider imposing anti-dumping duties on what they say is a flood of unfairly traded products from nine countries.