GEORGETOWN, Guyana— Guyana's environment ministry says the country saw less deforestation in 2013 thanks to a decrease in gold mining activity. Gold mining commonly requires companies to clear forests. Guyana already has lost $20 million of that funding because of increased deforestation in 2012..» Read More
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 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.
ZURICH, April 16- Syngenta AG, the world's largest maker of crop chemicals, expects weak emerging markets currencies to have a bigger hit on full-year earnings than previously assumed, it said on Wednesday, as it posted higher first-quarter sales.
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.
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.
*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.
*Separatist unrest spreads in Ukraine, boosting gold. NEW YORK/ LONDON, April 14- Gold rose to a three-week high on Monday as renewed concerns over the escalation of hostilities in Ukraine prompted investors to add positions in bullion as a hedge, while supply fears lifted palladium prices to a fresh 2-1/ 2 year peak.
LONDON/ SINGAPORE, April 14- Nickel hit its highest in nearly 14 months on Monday on Indonesia's ore export ban, now in its third month, and on the prospect of tougher sanctions on Russia over its actions towards Ukraine. On Monday, it an hit an intraday high of $17,917 a tonne- its strongest since Feb. 19 last year- before retreating to $17,845 by 1432 GMT, up 2.56 percent.
LONDON, April 14- Nickel's bull run over the past couple of weeks has made it the star performer among the base metals pack traded on the London Metal Exchange. The fortunes of both are inextricably linked to Indonesia's minerals export policy. The ban on exports of nickel ore to China's vast nickel pig iron sector underlies that market's bull charge.
LONDON/ SINGAPORE, April 14- Nickel hit its highest level in more than a year on Monday because of an Indonesian ore export ban, now in its third month, and the prospect of tougher sanctions on Russia, which could include its commodities.
April 14- A Chinese consortium bought the Las Bambas copper mine in Peru from Glencore Xstrata for $6 billion, the high end of analysts' forecasts in China's biggest acquisition of a mine, showing the strength of its long-term need for copper.
--Clyde Russell is a Reuters columnist. LAUNCESTON, Australia, April 14- "Unloved" was a word that popped up several times in relation to BHP Billiton's mooted plans to spin-off its non-core aluminium, nickel and manganese businesses.
SINGAPORE, April 14- Nickel extended gains on Monday to hit its highest level in more than a year on renewed concerns over supply of the stainless steel material following Indonesia's move to stop ore exports.
*Glencore says proceeds will materially de-leverage balance sheet. Glencore agreed to sell Las Bambas to secure approval from China's competition authorities for its takeover of miner Xstrata because Beijing feared the merged group would have too much power over the copper market.
Glencore said it had sold its interest to a consortium owned 62.5 percent by the Hong Kong- listed MMG Ltd, 22.5 percent by Guoxin International Investment Corp Ltd and 15.0 percent by Citic Metal Co Ltd.. Glencore agreed to sell the mine in return for Beijing's blessing for its $35 billion purchase of Xstrata.
NEW YORK/ LONDON, April 11- Palladium prices shot through $800 an ounce for the first time in almost three years on Friday after a burst of heavy early buying triggered light buy stops as investors bet on tightening supplies from top exporter Russia and strong automotive demand.
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