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  • *Freeport targtting 2014 copper sales worth $5.7 bln. JAKARTA, March 28- Indonesia has approved big increases in 2014 copper sales for local units of copper miners Freeport McMoRan Copper& Gold Inc and Newmont Mining Corp, as it pushes for the two firms to resume exports quickly.

  • LONDON, March 28- Copper rose on Friday, climbing to its highest in 2-1/ 2 weeks, as speculation gathered pace that China could step-in to stimulate its economy and lift demand for industrial metals.

  • SYDNEY, March 28- London copper edged higher on Friday, moving further away from more than three-year lows hit earlier this month, as hopes for stimulus in top metals user China put it on target for its biggest weekly rise in six months.

  • JAKARTA, March 27- Indonesia has reached a deal over export taxes with U.S. mining company Freeport-McMoRan Copper& Gold Inc, allowing nearly $4 billion worth of annual copper shipments to resume as early as next month.

  • JAKARTA, March 27- Indonesia has reached a deal over export taxes with U.S. mining company Freeport-McMoRan Copper& Gold Inc, allowing nearly $4 billion worth of annual copper shipments to resume as early as next month.

  • JAKARTA, March 27- Indonesia's government has reached a deal over export taxes with U.S. mining giant Freeport-McMoRan Copper& Gold Inc, which should resume copper shipments next month, a senior finance ministry official told Reuters on Thursday.

  • *Facebook to buy Oculus for $2 billion; shares fall nearly 7 pct. NEW YORK, March 26- U.S. stocks fell on Wednesday, led by losses in the technology and materials sectors, as geopolitical concerns rose after the United States and the European Union agreed to work together on tougher sanctions on Russia.

  • *Newmont says still shipping to Indonesia's Gresik copper smelter. JAKARTA, March 26- Newmont Mining Corp has not cut output at its Indonesian copper and gold mine, a spokesman at the Denver- based company said on Wednesday, denying government claims earlier in the day that its production had been slashed.

  • *Market expects China to stimulate economy. LONDON, March 26- Copper retreated on Wednesday after prices hit a two-week high in the previous session, but the outlook for metals demand remained supported by hopes that China will stimulate its economy.

  • LONDON, March 17- Glencore Xstrata could reach an agreement as soon as this week over the sale of its large Peruvian copper mine Las Bambas to a Chinese consortium led by Minmetals, two sources with knowledge of the situation said.

  • *Freeport says tax breaches contract; govt wants firmer smelter commitments. Freeport and fellow U.S. miner Newmont Mining Corp have refused to pay an escalating export tax introduced on Jan. 12 as part of package of new mining rules aimed at forcing miners to build smelters and process raw materials in Indonesia.

  • JAKARTA, March 11- U.S. mining giant Freeport-McMoRan Copper and Gold Inc has cut production at its Indonesian copper and gold mine by around 60 percent, a union official told Reuters on Tuesday, two months after halting exports over a dispute with the government on a new export tax.

  • LONDON, March 4- Glencore Xstrata posted forecast-beating core profit in the first set of full annual results since the commodities group was formed, helped by a strong performance from its trading arm offsetting a decline at its mining division.

  • Midday movers: Apple, FedEx, General Motors & More Monday, 3 Mar 2014 | 12:58 PM ET

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  • JAKARTA, March 3- Indonesia's mines ministry could recommend as early as this week that Freeport-McMoRan Copper& Gold receive a reprieve from a controversial tax that has halted copper exports for more than two months, a government official told Reuters.

  • JAKARTA, Feb 28- Freeport-McMoRan Copper& Gold said its Indonesian unit may need to declare force majeure on copper concentrate sales if a dispute with the government over export taxes drags on for a prolonged period.

  • SINGAPORE, Feb 25- Gold ticked lower on Tuesday but held near its strongest level in four months on concerns over economic growth in China and political uncertainty over Ukraine after acting President Oleksander Turchinov warned the country was close to default.

  • *The move is a potential victory for Freeport, Newmont. *Minister: Freeport to resume copper exports in near future. A senior government official said Freeport would resume exports of copper concentrate in the "near future".

  • *Indonesia will consider easing export tax after Freeport builds smelter-minister. JAKARTA, Feb 24- U.S. miner Freeport-McMoRan Copper& Gold is expected to resume copper concentrate exports from Indonesia in the "near future", a minister said, after halting shipments due to a dispute over new mining rules imposed last month.

  • *Copper producers Freeport and Newmont in dispute with govt. The tax ratchets up sharply before an outright export ban from 2017 and Freeport and Newmont Mining Corp, which produce 97 percent of Indonesia's copper, have halted all exports and are locked in talks with the government because they say the tax breaches their contracts.

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