BONANZA, Nicaragua— Rescuers using long ladders tried to get food and water to freelance miners trapped in a Nicaraguan gold mine, as the effort to reach the 24 men entered its second day. Authorities said 20 of the miners had been located and had communicated with rescuers at the El Comal gold and silver mine in the community of Bonanza in northern Nicaragua.» Read More
Hecla Mining Co. fell$. 02 or. 6 percent, to $3.22. Pan American Silver Corp. fell$. 02 or. 1 percent, to $14.07. Silver Standard Resources Inc. fell$. 02 or. 2 percent, to $9.21.
Arch Coal unchanged at $3.18. Consol Energy Inc. rose$. 40 or 1.0 percent, to $40.14. Peabody Energy rose$. 18 or 1.1 percent, to $15.97.
NEW YORK— Shares of some top chemicals companies were mixed at the close of trading:. Dow Chemical Co. rose$. 54 or 1.0 percent, to $53.64. DuPont Co. fell$. 23 or. 3 percent, to $65.93.
Barrick Gold Corp. fell$. 08 or. 4 percent, to $18.12. Gold Fields rose$. 02 or. 4 percent, to $4.48. Newmont Mining Corp. rose$. 02 or. 1 percent, to $26.52.
*Palladium- backed fund shows hefty outflow; prices up. NEW YORK/ LONDON, Aug 27- Spot gold edged up on Wednesday as a lower dollar and lingering geopolitical tensions helped offset selling pressure from a record rally in U.S. equities.
RIO DE JANEIRO, Aug 27- Brazil's new mining code, a flagship policy of President Dilma Rousseff first announced in 2009, is unlikely to be passed before next year and could be ditched entirely if the government changes in upcoming elections, industry insiders say.
NEW YORK, Aug 27- Dow Chemical Co has kicked off processes to sell two of its specialty chemicals subsidiaries that could fetch close to $2 billion combined, according to people familiar with the matter, part of its effort to divest several billion dollars worth of non-core assets by 2015..
NEW YORK— Shares of some top gold companies are mixed at 10 a.m.:. Barrick Gold Corp. fell$. 02 or. 1 percent, to $18.18. Newmont Mining Corp. rose$. 14 or. 5 percent, to $26.65.
Hecla Mining Co. rose$. 02 or. 6 percent, to $3.26. Pan American Silver Corp. fell$. 06 or. 4 percent, to $14.03. Silver Standard Resources Inc. rose$. 08 or. 9 percent, to $9.31.
NEW YORK— Shares of some top chemicals companies are mixed at 10 a.m.:. Dow Chemical Co. rose$. 20 or. 4 percent, to $53.30. DuPont Co. fell$. 14 or. 2 percent, to $66.02.
Arch Coal rose$. 02 or. 6 percent, to $3.20. Consol Energy Inc. rose$. 43 or 1.1 percent, to $40.17. Peabody Energy rose$. 12 or. 7 percent, to $15.91.
WINNIPEG, Manitoba, Aug 27- Canadian uranium miner Cameco Corp said on Wednesday that it would shut down the world's biggest uranium mine at McArthur River, Saskatchewan, as well as the Key Lake mill after the United Steelworkers union said workers planned to strike starting Saturday.
LONDON, Aug 27- The spot iron ore market is sinking under the weight of new supply. The benchmark price for 62 percent iron ore as assessed by the Steel Index has just fallen below the $89 per tonne level for the first time since September 2012.
*Dollar sets 13- month high, euro struggles. LONDON, Aug 27- Copper fell on Wednesday as a firm dollar and the prospect of increasing supply of the metal offset growing confidence in U.S. economic growth.
JAKARTA, Aug 27- Indonesia wants copper miners Newmont Mining Corp and Freeport-McMoRan Inc to hammer out a deal on concentrate supply for an upcoming smelter before allowing Newmont to resume exports, a mining ministry official said on Wednesday.
*Newmont withdraws international arbitration against Indonesia. SYDNEY, Aug 27- The prospect of increased supply pushed London copper down on Wednesday from a three-week high hit in the previous session but growing confidence in U.S. economic growth kept a floor under prices.
LAUNCESTON, Australia, Aug 27- China has in recent years been viewed as the main driver of the global copper market, and while its influence remains strong, it's possible that the rest of the world will take over in the short term.
*Newmont withdraws international arbitration against Indonesia. SYDNEY, Aug 27- London copper was steady on Wednesday after hitting a three-week high in the previous session on signs of growing strength in the U.S. economic recovery, although expectations of higher supply curbed gains.
SYDNEY, Aug 27- London copper steadied down from a three week high hit the session before on Wednesday amid expectations of improving supply after signs that miner Newmont may get permission to restart concentrate exports from Indonesia.
NEW YORK— Shares of some top chemicals companies were mixed at the close of trading:. Dow Chemical Co. fell$. 03 or. 1 percent, to $53.10. DuPont Co. rose$. 01 or percent, to $66.16.
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