Aug 20- Warren Buffett's Berkshire Hathaway Inc has agreed to pay an $896,000 civil penalty to the U.S. government for having failed to timely report that it had boosted its voting stake in building products company USG Corp.» Read More
LONDON, Aug 20- Commodities group Glencore became the first of the large miners to honour promises to return cash to shareholders, announcing a share buyback programme of up to $1 billion as it reported forecast-beating first-half profit.
*Copper premiums in Shanghai bonded zone off 37 pct since July 10. SYDNEY, Aug 20- London copper climbed on Wednesday as a mix of short-covering and a constructive technical picture revived momentum, and as some buyers in top consumer China appeared to be taking advantage of lower prices to restock.
Aug 20- Tyre makers such as Bridgestone Corp and Continental AG are spending millions of dollars on the development of new rubber-yielding crops such as dandelions to reduce their reliance on rubber-tree plantations in Southeast Asia. Here are key facts about the rubber trade and the research into new sources of natural rubber.
Aug 20- Tire makers such as Bridgestone Corp and Continental AG are spending millions of dollars on the development of new rubber-yielding crops such as dandelions to reduce their reliance on rubber-tree plantations in Southeast Asia. Here are key facts about the rubber trade and the research into new sources of natural rubber.
SYDNEY, Aug 20- Shanghai copper dropped towards a major level of support in overnight trade on Wednesday, a break of which could trigger a downleg in prices given forecasts of improving supply. *The most-traded October copper contract on the Shanghai Futures Exchange slipped by 0.4 percent to 49,000 yuan a tonne in early trade on Wednesday.
Hecla Mining Co. fell$. 01 or. 3 percent, to $3.31. Pan American Silver Corp. fell$. 17 or 1.2 percent, to $14.24. Silver Standard Resources Inc. fell$. 22 or 2.2 percent, to $9.40.
NEW YORK— Shares of some top chemicals companies were up at the close of trading:. Dow Chemical Co. rose$. 20 or. 4 percent, to $53.08. DuPont Co. rose$. 42 or. 6 percent, to $66.29.
Arch Coal rose$. 06 or 1.9 percent, to $3.27. Consol Energy Inc. rose$. 29 or. 7 percent, to $39.83. Peabody Energy rose$. 45 or 2.8 percent, to $16.40.
Barrick Gold Corp. fell$. 18 or. 9 percent, to $18.83. Gold Fields fell$. 08 or 1.9 percent, to $4.11. Newmont Mining Corp. rose$. 01 or percent, to $26.83.
MEXICO CITY— Mexico's top environmental official said Tuesday that a mining company lied about a spill of millions of gallons of acids and heavy metals that contaminated two rivers and a dam downstream. "At the start, they told us it was excessive rain" that caused the containment pond to overflow, Guerra Abud said.
SINGAPORE, Aug 20- Previously ranked as Asia's top diesel importer, now No.3 Indonesia is expected to take a third less of the fuel this year as demand from mining falters and biodiesel use in transport and industry grows with a mandate implemented in January.
Hecla Mining Co. rose$. 01 or. 3 percent, to $3.33. Pan American Silver Corp. fell$. 15 or 1.0 percent, to $14.26. Silver Standard Resources Inc. fell$. 19 or 1.9 percent, to $9.43.
Arch Coal rose$. 07 or 2.2 percent, to $3.28. Consol Energy Inc. rose$. 67 or 1.7 percent, to $40.21. Peabody Energy rose$. 44 or 2.7 percent, to $16.39.
NEW YORK— Shares of some top chemicals companies are up at 1 p.m.:. Dow Chemical Co. rose$. 13 or. 3 percent, to $53.01. DuPont Co. rose$. 25 or. 4 percent, to $66.12.
*Palladium sinks from Monday's 13- year high. NEW YORK/ LONDON, Aug 19- Gold futures eased on Tuesday, under pressure from buoyant equities markets and a stronger dollar after upbeat U.S. economic data, and palladium sank from Monday's 13- year high as traders booked profits. "Gold obviously didn't like the U.S.
The 6th U.S. Circuit Court of Appeals on Tuesday dismissed the lawsuit brought by the National Mining Association and other groups.
*Palladium hovers below 13- year high of $900 an ounce. Palladium steadied near a 13- year high of $900 an ounce hit in the previous session, supported by worries about supplies from top producer Russia and strong demand prospects.
LONDON, Aug 19- The enigma machine that is the London aluminum market has shifted gears again. The front part of the London Metal Exchange curve has been tightening for several weeks now to the point that the shortest-dated spreads are currently in backwardation.
PROVIDENCE, R.I.— A Massachusetts- based chemical company has pleaded guilty to violating the Clean Air Act at a facility it owned in Rhode Island. Roberts Chemical Co., now based in Attleboro, Massachusetts, pleaded guilty Monday in U.S. District Court in Providence as part of a plea deal with prosecutors.
LONDON, Aug 19- Copper prices steadied on Tuesday as encouraging signs from the U.S. economy offset concerns about top consumer China's struggling property sector and the outlook for industrial metals demand. Analysts said upcoming economic data from the United States and China could give a better picture of the copper demand outlook.
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