Hecla Mining Co. rose$. 02 or. 6 percent, to $3.38. Pan American Silver Corp. rose$. 08 or. 6 percent, to $12.45. Silver Standard Resources Inc. rose$. 02 or. 3 percent, to $6.90.» Read More
*China to announce tender winners soon. BEIJING, Dec 4- Non-oil companies may have won most of the blocks offered in China's second shale gas auction, media and industry officials say, which may mean lucrative opportunities for service companies such as Schlumberger, Halliburton and China's Anton Oilfield Services Group.
SYDNEY, Dec 4- Australia's central bank cut interest rates a quarter point to a record-matching low on Tuesday, stepping up efforts to safeguard the rich world's most resilient economy from the risk of recession as a mining boom peaks.
--Clyde Russell is a Reuters market analyst. LAUNCESTON, Australia, Dec 4- Copper and iron ore demand and prices both stand to rise, given the improvement in both of China's purchasing managers' surveys, but the steel-making ingredient may have scope for bigger gains.
HONG KONG, Dec 4- Russia's RUSAL Plc said on Tuesday billionaire Roman Abramovich has agreed to buy 7.3 percent of Norilsk Nickel, a stake worth about $2 billion, in a move that is aimed at ending a four-year-old power struggle between the two biggest shareholders of the Arctic miner.
SINGAPORE, Dec 4- London copper dropped for the first time in four sessions on Tuesday, pulling away from six-week highs reached in the prior session, as U.S. economic and fiscal worries countered optimism that top copper user China is on the road to recovery.
NEW YORK, Dec 3- Brazil's Vale SA, the world's second largest mining firm, said on Monday it expects a huge derivatives market in iron ore to eventually take shape as players seek hedging instruments to minimize risk from increasingly volatile prices.
SANTIAGO, Dec 3- A Chilean ministerial group has lifted a suspension on energy firm Endesa's 740- megawatt Punta Alcalde coal-fired thermoelectric project, the company said on Monday, in a boon for miners in the mineral-rich north of the world's No.1 copper-producing nation.
*Current COO Gary Goldberg named new chief executive. Dec 3- Newmont Mining Corp on Monday said Chief Executive Richard O'Brien will step down, making it the third major gold miner this year to replace its top manager as the industry seeks to boost dwindling production and control mushrooming costs.
*Company may sell Norsk Hydro stake, non-core assets. RIO DE JANEIRO, Dec 3- Brazil's Vale SA, the world's second-largest mining company, cut estimated 2013 capital spending by 24 percent after a global slowdown and a drop in iron ore prices led the company to rethink its outlook for expansion.
*Railway says will not extend line into Wyoming, Montana. TORONTO, Dec 3- Canadian Pacific Railway will take a C $180 million charge to abandon plans to expand into the Powder River coal-mining region in the U.S. states of Wyoming and Montana, citing weakness in the thermal coal market.
LONDON, Dec 3- Barclays, Credit Suisse and JP Morgan have underwritten a $1.5 billion financing package to back South African mining company Gold Fields' demerger of two gold mines and refinance existing Gold Fields debt, bankers said on Monday.
SINGAPORE, Dec 3- London copper rallied to its highest in six weeks on Monday as promising manufacturing data from top consumer China fuelled a cautious return in investors' appetite for the metal, although worries over U.S. fiscal woes kept a lid on gains. Three-month copper on the London Metal Exchange climbed 0.20 percent to $8,010.00 a tonne by 0308 GMT.
SINGAPORE, Dec 3- London copper was steady on Monday, sitting near its highest level in more than five weeks hit in the previous session, after promising manufacturing data from top consumer China, but worries over U.S. fiscal woes kept a lid on prices.
LONDON, Nov 30- Nickel prices may see a short-term lift over the next several months due to a seasonal rise in demand for stainless steel, but next year's outlook is burdened by another market surplus.
*China official PMI due on Dec. 1. SINGAPORE, Nov 30- London copper hit its highest in five weeks on Friday after comments from the head of European Central Bank lifted the euro, adding to gains made this month on signs that China's economic recovery has taken root.
LONDON, Nov 30- Diamond miner De Beers has seen a pick up in demand for its gems in the final months of 2012, after a year of subdued spending on luxury goods and tighter funding that held back its trade customers.
*China official PMI due on Dec. 1. SINGAPORE, Nov 30- London copper edged up on Friday, bracing to finish the month higher on signs that a recovery in China's economic growth took root in November, although worries over Europe and the United States kept gains constrained.
SINGAPORE, Nov 30- London copper slipped on Friday but was set to finish the month higher on signs a recovery in China's economic growth took root in November, although worries over Europe and the United States kept gains constrained.
TORONTO, Nov 29- First Quantum Minerals Ltd said on Thursday it believed Inmet Mining Corp's board was selling shareholders short by refusing to enter into talks on a takeover proposal put forward by First Quantum earlier this month.
Nov 29- First Quantum Minerals Ltd said on Thursday it believed Inmet Mining Corp's board was selling shareholders short by refusing to enter into talks on a takeover proposal put forward by First Quantum earlier this month.