Materials and Metals Metals and Mining

  • LUSAKA, Zambia— A British law firm says one of its lawyers was arrested and held for hours in Zambia after meeting residents who filed complaints about alleged pollution from a copper mine. The firm represents communities bringing claims against London- based Vedanta Resources and its Zambian subsidiary, Konkola Copper Mines. Copper is Zambia's main export.

  • *US set to launch WTO complaint on China aluminum on Thurs. *Indonesia copper miners halt exports on regulation. SYDNEY, Jan 12- London copper traded up half a percent on Thursday as the dollar dropped after Donald Trump failed to offer concrete stimulus plans.

  • *US set to launch WTO complaint on China aluminum on Thurs. *Indonesia copper miners halt exports on regulation. SYDNEY, Jan 12- Shanghai copper traded little changed in low volumes on Thursday, while most other Shanghai contracts fell after U.S.

  • The Interior Department imposed a moratorium on new coal sales last year following longstanding complaints from federal investigators and members of Congress that the program was shortchanging taxpayers. "Increased emissions of carbon into our atmosphere are having a profound impact and if we don't get on this, future generations will pay a heavy price,"...

  • *Copper hits highest since Dec. 13 at $5,788.50/ oz. President-elect Donald Trump gave little guidance on new infrastructure spending at a press conference in New York, disappointing some who had hoped for a clearer view on policy. Three-month copper on the London Metal Exchange closed down 0.8 percent at $5,714 a tonne on Wednesday, off an earlier peak of...

  • WASHINGTON, Jan 11- The U.S. Interior Department on Wednesday recommended federal coal leasing reforms to ensure taxpayers receive the fair value of the fuel and account for its impact on climate change, but the incoming administration could derail those measures. Federal coal, primarily from Wyoming's Powder River Basin, accounts for more than 40 percent of...

  • *Copper hits highest since Dec. 13 at $5,788.50/ oz. President-elect Donald Trump, having earlier hit a four-week high after Chinese and global economic data fuelled expectations for firm demand this year. Three-month copper on the London Metal Exchange was down 0.5 percent at $5,730 a tonne in official trading, off an earlier peak of $5,788.50, its highest since...

  • LONDON, Jan 11- Gold hit six-week highs on Wednesday as investors worrying about political uncertainty bought the precious metal, but dollar strength due to higher U.S. rates is expected to cap gains. Investors will focus on what Trump has to say about trade and relations with China and his plans for the economy. "Major political risks include elections in France,...

  • *Copper hits highest since Dec. 13 at $5,788.50/ oz. President-elect Donald Trump, having earlier hit a four-week high after upbeat Chinese and global economic data fuelled expectations for firm demand this year. Three-month copper on the London Metal Exchange was down 0.2 percent at $5,750.50 a tonne at 1035 GMT, off a peak of $5,788.50, its highest since Dec. 13.

  • SYDNEY, Jan 11- London copper built on hefty overnight gains on Wednesday, reversing early losses, while zinc also maintained a firmer tone, supported by supply concerns. Three-month copper on the London Metal Exchange gained 0.1 percent to $5,766 a tonne by 0300 GMT after initially easing at the start of trading. The most-traded copper contract on the Shanghai...

  • SYDNEY, Jan 11- London copper and zinc eased off one-month highs on Wednesday, in light profit-taking following several days of gains. *The most-traded copper contract on the Shanghai Futures Exchange rose 2.4 percent to 46,860 yuan a tonne. President-elect Donald Trump on Tuesday, 10 days ahead of him taking office.

  • SANTIAGO, Jan 10- Operations at Canadian miner Yamana Gold Inc's El Peñón mine in Chile have been suspended for five days after one of its two unions representing underground workers went on strike and blockaded access to the mine, a union leader said on Tuesday. Workers affiliated with union No. 2 at the mine in Chile's arid north rejected the company's final...

  • Trump rally metal movers

    CNBC's Dominic Chu takes a closer look at nine metal movers amid the Trump rally.

  • SANTIAGO, Jan 10- Operations at Canadian miner Yamana Gold Inc's El Peñón mine in Chile have been suspended for five days after one of its two unions representing underground workers went on strike and blockaded access to the mine, a union leader said on Tuesday. Workers affiliated with union No.2 at the mine in Chile's arid north rejected the company's final...

  • WASHINGTON— The top Republican in the Senate outlined a series of actions he hopes President-elect Donald Trump will take to overturn environmental regulations imposed by President Barack Obama, including a rule to protect streams from coal-mining debris. Majority Leader Mitch McConnell, R- Ky., urged Trump in a letter to scrap a rule to protect small streams...

  • Jan 10- Operations at Canadian miner Yamana Gold Inc's El Peñón mine in northern Chile were suspended "late last week" after underground workers rejected the company's final offer and one of two unions went on strike, a company spokesman said on Tuesday. The Toronto- based company also said it had reached collective bargaining agreements with workers at its...

  • *FTSE ends up 0.5 pct, STOXX up 0.1 pct. LONDON/ MILAN, Jan 10 (Reuters)- Britain's FTSE 100 blue-chip index hit fresh record highs on Tuesday, boosted by gains among retailers, while a rally in mining stocks more than offset weaker financials, helping European shares end slightly in positive territory. The pan-European STOXX 600 index inched up 0.1 percent, while the...

  • JAKARTA, Jan 10- Indonesia will issue new rules for miners this week, the mining minister said late on Tuesday, which will cover contracts and permits, exports, taxes, divestment obligations and domestic processing requirements, among other issues. Indonesia announced in 2014 a ban on ore shipments to push miners to build smelters to process ore locally, but gave...

  • Jan 10- Global commodities trader Cargill Inc on Tuesday reported a sharply higher adjusted quarterly profit led by strong results from its beef and turkey businesses and robust demand for North American grain and oilseed crops. The privately held company said adjusted operating earnings jumped nearly 80 percent in the second quarter ended Nov. 30 to $1.03...

  • *China producer prices accelerate at fastest pace in over 5 yrs. LONDON, Jan 10- The price of copper hit a one-month high on Tuesday on further signs of a strengthening economy in top metals user China with inflation figures, while zinc hit a three-week peak on persistent supply shortages. A risk of profit-taking in China is also in prospect before the Lunar New Year...