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  • SYDNEY, July 20- Ken Brinsden rode Australia's iron ore boom up and then down as head of Atlas Iron. Tesla Corp said in May it plans to build 500,000 new electric cars a year by 2018 and lithium will be the key element in that expansion. Far East Capital fund manager Warwick Grigor likens Australian lithium stocks to a "crapshoot" and a "casino for uneducated investors.

  • MEXICO CITY, July 20- Canadian mining company Agnico Eagle said on Wednesday that a group of armed men stormed one of its mines in northern Mexico early on Tuesday morning, injuring a security guard and making off with a haul of silver and gold. Agnico Sonora, the company's Mexican subsidiary, did not provide an estimate of the value of the theft, but said the La India...

  • The U.S.-based miner said adjusted income rose to $231 million, or 44 cents a share, in the quarter to end-June from $131 million, or 26 cents a share, in the same period a year ago. Newmont's stock rose to $40.20 after hours from a $39.29 close. Newmont, which has mines in the Americas, Africa, Australia and Asia lowered its forecast for all-in sustaining costs- the gold...

  • GREENWOOD VILLAGE, Colo. _ Newmont Mining Corp. on Wednesday reported second-quarter profit of $23 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • *China copper output rose 7.6 pct to 4 mln T in H1 2016. LONDON, July 20- Copper and aluminum slipped on Wednesday as the dollar surged to a four-month high, with copper investors also growing cautious about signs of rising supply. Three-month copper on the London Metal Exchange closed down 0.4 percent at $4,966 a tonne while aluminum slid 1.3 percent to finish at...

  • *China copper output rose 7.6 pct to 4 mln T in H1 2016. LONDON, July 20- Copper and aluminium slipped on Wednesday as the dollar surged to a four-month high, with copper investors also growing cautious about signs of rising supply. Three-month copper on the London Metal Exchange closed down 0.4 percent at $4,966 a tonne while aluminium slid 1.3 percent to finish at...

  • *But Anglo American leads mining stocks lower. LONDON, July 20- European shares advanced on Wednesday, with the technology sector leading the market higher after SAP and ASML reported forecast-beating quarterly results. Shares in SAP, Europe's largest software company, surged 5.7 percent as unexpectedly strong growth in high-margin packaged software...

  • *FTSE 100 rises 0.5 pct to 6,728.99 points. LONDON, July 20- Britain's top shares index climbed to its highest closing level in 11 months on Wednesday, boosted by a rise in insurance stocks, although a slump in Anglo American pushed down the mining sector. While the FTSE 100 has managed to recover from an initial slump after the Brexit vote, the hit to sterling has...

  • The use of fossil fuels, metal ores and non-metallic minerals has accelerated rapidly since 2000 as emerging economies such as China transform their industries and cities, requiring unprecedented amounts of iron, steel, cement, energy and construction materials. The global economy now needs more material per unit of gross domestic product than it did at the...

  • NEW YORK— Shareholders for agriculture and chemicals companies DuPont and Dow Chemical have approved their merger. DuPont said 98 percent of shareholders who participated in its meeting voted in favor of the combination, while Dow Chemical said 97 percent of participating shareholders did the same. DuPont and Dow Chemical were each founded in the 19th...

  • LONDON, July 20- Global crude steel production was unchanged in June from the same month last year, as higher output in top producer China was offset by falls elsewhere, figures from the World Steel Association showed on Wednesday. China, which produces about half the world's steel, has been ramping up output since March as rising prices and improved demand...

  • Also rising at a fast clip, though, is speculative interest on both the London and Shanghai markets. Market open interest on the Shanghai Futures Exchange is surging, while speculative length in the LME is rapidly approaching those May 2015 peaks. Investors have got sucked into the zinc market before, most recently in May last year, when the London price peaked at...

  • SYDNEY/ LONDON, July 20- BHP Billiton and Anglo American have reported setbacks in their iron ore production, but analysts said the contraction was nowhere near enough to dent the massive global supply glut that has driven prices to record lows. Overnight on Tuesday, BHP Billiton narrowly missed its iron ore output target in the financial year just ended...

  • *China copper output rose 7.6 pct to 4 mln T in H1 2016. That weighed on all metals including nickel, which slipped despite news that the Philippines has asked Nickel Asia Corp, its top producer, to stop exporting ore from Manicani island. Nickel has surged some 10 percent this month on plans for a mining crackdown in the Philippines, the top supplier of nickel ore to...

  • *China copper output rose 7.6 pct to 4 mln T in 1 H 2016. *Copper supply rises at Collahuasi, Escondida mines in Chile. MELBOURNE, July 20- London copper and nickel sank on Wednesday after a U.S. housing report pushed up the dollar and sparked profit-taking across the two metals, with copper also hit by evidence of mounting supply.

  • MELBOURNE, July 20- London nickel edged back on Wednesday from near a 10- month peak after a healthy U.S. housing report pushed up the dollar and sparked profit-taking across the metals. *Shanghai Futures Exchange copper climbed 1.1 percent to 38,670 yuan a tonne. *The International Monetary Fund cut its global growth forecasts for the next two years on Tuesday,...

  • SYDNEY, July 20- BHP Billiton said it aims to boost its iron ore output by up to seven percent this year as it works its existing mines harder, after narrowly missing its target for fiscal 2016 due to the Samarco disaster in Brazil. Production for the current financial year to end-June 2017 is forecast to increase to between 265 million tonnes and 275 million tonnes,...

  • BHP Production

    Tribeca Investment Partners' Sean Fenton says the major commodity producers have been prioritizing keeping costs and capital expenditure low.

  • LOUISVILLE, Ky.— Federal regulators have announced that nearly all dust samples from the nation's coal mines were in compliance with limits that were newly toughened to cut miners' exposure to particles that can cause deadly black lung disease. Citing a Monday announcement from Joseph Main, the head of the U.S. Mine Safety and Health Administration, the...

  • *Monsanto says Bayer's latest bid financially inadequate. *Says open to continuing talks with Bayer, other parties. July 19- U.S. seed company Monsanto Co turned down a sweetened $64 billion acquisition offer from Bayer AG, but said it was open to further talks with the German healthcare and chemicals group as well as other parties.

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