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  • SANTIAGO, July 22- Workers at Anglo American's small El Soldado copper mine in Chile called off a strike on Friday after reaching an agreement with the company, a union official told Reuters. The mine's copper output was 36,000 tonnes last year, less than 1 percent of Chile's overall 5.76 million tonnes. State-owned Codelco and Japan's Mitsui and Mitsubishi also...

  • LONDON, July 22- A stronger dollar knocked industrial metals prices on Friday while nickel was also hit as some investors locked in profits from a recent rally. Benchmark nickel on the London Metal Exchange slid 3.2 percent to close at $10,420 per tonne, after gaining 1.7 percent on Thursday when it hit a 10- month high of $10,900. Nickel has been the top performer...

  • *Key resistance on nickel pegged at $10,785- Sucden. LONDON, July 22- Nickel slipped on Friday as some investors locked in profits from a recent rally, while zinc extended gains on persistent worries about shortages. Benchmark nickel on the London Metal Exchange declined 0.9 percent to $10,660 per tonne by 1011 GMT, after adding 1.7 percent on Thursday when it hit a...

  • Aluminium producer Norsk Hydro reported a rise in earnings in the second quarter due to rising prices and stronger demand for the metal.

  • LONDON, July 22- European stock markets slipped on Friday, weighed down by falls in mining companies and Swedish construction group Skanska. The STOXX 600 index is up by around 10 percent from a low point reached in June in the immediate aftermath of Britain's shock vote to quit the European Union, but the index remains down by around 7 percent since the start of...

  • LONDON, July 22- European stock markets fell on Friday, weighed down by a drop in the shares of mining companies and a fall at Swedish construction company Skanska. The pan-European STOXX 600 and the similar FTSEurofirst 300 were both down by 0.4 percent. The STOXX 600 index is up by around 10 percent from a low point reached in June in the immediate aftermath of...

  • MELBOURNE, July 22- London zinc and nickel were set to log a second week of gains on Friday as traders bet that supply side constraints would lift prices already supported by expectations of easier central bank policy after Britain's decision to leave the euro zone. LME zinc traded at $2,250 a tonne on Friday, down 0.2 percent, amid light profit-taking after...

  • MELBOURNE, July 22- Shanghai zinc and nickel climbed on Friday as traders bet on supply side constraints. *Zinc on the Shanghai Futures Exchange rose by 1.4 percent to 17,425 yuan a tonne, earlier hitting 17,555, the most expensive since March 2015. *Shanghai nickel reached the highest in more than 11 months at 84,080 yuan a tonne.

  • *ANZ sees nickel prices nearing $12,000 on Philippine supply risk. LONDON, July 21- Zinc touched its highest in 14 months on Thursday and nickel hit an eight-month peak as speculators kept buying, but analysts cautioned that rallies were vulnerable to corrections. Benchmark zinc on the London Metal Exchange was up 0.4 percent at $2,255.50 a tonne at 1032 GMT...

  • *Q2 underlying EBIT NOK 1.62 bln vs poll NOK 1.42 bln. OSLO, July 21- Strengthening Chinese demand led Norsk Hydro, one of the world's largest aluminum producers, to raise its forecast for global aluminum demand growth this year to 4-5 percent as it reported forecast-beating earnings on Thursday. But prices have recovered somewhat recently: LME benchmark...

  • *Q2 underlying EBIT NOK 1.62 bln vs poll NOK 1.42 bln. OSLO, July 21- Strengthening Chinese demand led Norsk Hydro, one of the world's largest aluminium producers, to raise its forecast for global aluminium demand growth this year to 4-5 percent as it reported forecast-beating earnings on Thursday. But prices have recovered somewhat recently: LME benchmark...

  • *China copper imports up 19.7 pct in June, exports up 192.4 pct. MELBOURNE, July 21- London copper rose towards $5000 a tonne on Thursday, finding some support as the dollar eased from a four-month high, and after China's copper imports remained solid in June. Price gains across metals this year, ranging from a 6- percent rise in copper to a 40- percent surge in zinc, have...

  • *Coming Up: Breakdown of China commodity imports. MELBOURNE, July 21- London copper edged higher on Thursday, finding some support as the dollar eased from four-month highs and ahead of a breakdown of China trade data is expected to offer more insight into its commodity demand. Price gains across metals this year, ranging from copper, up nearly 6 percent, to zinc, up...

  • BENGALURU, July 21- Gold hit a three-week low on Thursday, after falling more than 1 percent in the previous session, as equities rose and with investors eyeing a European Central Bank meeting later in the day amid rising expectations rise for a U.S. interest rate hike. *Spot gold fell 0.3 percent at $1,311.83 an ounce at 0057 GMT. The bank will announce its rate...

  • 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...

  • That compared with $131 million, or 26 cents a share, in the same period a year ago and was well ahead of analysts' expectations, on average, of 29 cents a share, according to Thomson Reuters I/B/E/S. It's a deep beat relative to our numbers and the street, " BMO Capital Markets analyst Andrew Kaip said. Newmont, which has mines in the Americas, Africa, Australia and Asia...

  • 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.