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  • SANTIAGO, April 20- When Antofagasta Chief Executive Diego Hernandez took the stage at the world's biggest copper conference last week, he talked about the growing risks mining companies face from rising worker salaries in South America due to staff shortages and strong unions. Last year, Antofagasta agreed to four-year contracts, including pay increases...

  • Stay away from these stocks amid cheaper iron ore Sunday, 19 Apr 2015 | 10:41 PM ET
    Stay away from these stocks as iron ore plunge

    With more downside ahead in iron ore prices, investors should stay away from Australia's miners, except for BHP Billiton and Rio Tinto, says Gavin Wendt, founding director & senior resource analyst at Minelife.

  • MELBOURNE, April 20- London copper rallied to its highest in four weeks on Monday after China cut the amount of cash that banks must hold as reserves to help combat slowing growth in the world's second biggest economy. *The most-traded June copper contract on the Shanghai Futures Exchange traded down by 0.1 percent to 43,700 yuan a tonne in late Friday trade, but...

  • These iron ore players face metal fatigue: Goldman Sunday, 19 Apr 2015 | 8:43 PM ET
    Bars of pig iron sit on the dockside ahead of export at the Port of Mariupol, one of Ukraine's biggest commercial sea ports, in Mariupol, Ukraine.

    Iron ore's price plunge is likely to start claiming corporate casualties among the industry's smaller players, Goldman Sachs said.

  • "China is importing about 30,000 tonnes of tin concentrate a year from Myanmar. There is skepticism about whether Indonesian producers will sign up to the idea of cutting exports, "said Robin Bhar, an analyst at Societe Generale. Indonesia's tin association said its members and PT Timah, the country's biggest tin exporter, will not trade at prices below $17,000 a...

  • "China is importing about 30,000 tonnes of tin concentrate a year from Myanmar. There is scepticism about whether Indonesian producers will sign up to the idea of cutting exports, "said Robin Bhar, an analyst at Societe Generale. Indonesia's tin association said its members and PT Timah, the country's biggest tin exporter, will not trade at prices below $17,000 a...

  • Among miners, who will be the last man standing? Friday, 17 Apr 2015 | 12:23 AM ET
    Among miners, who will be the last man standing?

    David Lennox, resources analyst at Fat Prophets, says big miners like Rio Tinto will have a better chance of surviving the rout in iron ore prices, but it is hard to say for sure in the junior end.

  • MELBOURNE, April 17- London tin capitulated to more than five-year lows on Friday and is on track for a brutal 11 percent weekly fall, as growing supply from Myanmar and torpid demand punish prices. *The tumble in tin prices is likely to trigger production cuts at some smelters in top exporter Indonesia and also in China, industry group ITRI said on Thursday.

  • Declines in iron ore price just started: Pro Thursday, 16 Apr 2015 | 8:44 PM ET
    Declines in iron ore price just started: Pro

    Warren Gilman, chairman & CEO of CEF Holdings, says the price of iron ore isn't going to rebound anytime soon, with the occurrences of mine closures likely to continue.

  • China slowdown sparks friction in Australia Thursday, 16 Apr 2015 | 8:06 PM ET

    The last time Western Australia was engaged in a dispute with Canberra of this magnitude was during the 1930s Depression. The Financial Times reports.

  • *Major court decisions expected this year- Gold Reserve. CARACAS, April 16-- Gold Reserve Inc, a small Canadian miner that lost its crown jewel in a 2009 expropriation, is targeting Venezuelan assets as it seeks to collect a $750 million arbitration award that would put new strains on the cash-strapped government's finances. With higher-profile cases including...

  • EZEIZA, Argentina, April 16- The cost of drilling wells in Argentina's vast but barely tapped Vaca Muerta shale oil and gas formation will fall at least 10 percent by the end of 2016, Miguel Galuccio, chief executive officer of state energy company YPF said on Thursday. The company, nationalized in 2012 as part of a production push aimed at erasing Argentina's...

  • WASHINGTON, April 16- U.S. rules to cut carbon emissions could close more than 90 coal plants and eliminate jobs that support mining and power stations that the federal government has not fully considered, a report by the conservative American Action Forum research group said on Thursday. The EPA also says the rules will save consumers billions of dollars over...

  • LONDON, April 16- Rio Tinto, the world's second largest mining company, warned of "continued bumps" in its key iron ore market and vowed to stay focused on slashing costs to be the last man standing at a tough time for the sector. Its cost to produce each tonne of iron ore has fallen from an average of $19.50 a tonne in 2014 to around $17 this year thanks to a cheaper...

  • WASHINGTON, April 16- Alpha Natural Resources Inc, a struggling U.S. coal company, may be forced to buy costly new insurance or otherwise ensure it can cover obligations for cleaning up any abandoned mines, according to officials in West Virginia. Alpha has been allowed to leave about $262 million in cleanup liabilities uninsured in West Virginia under a federal...

  • WASHINGTON, April 16- Alpha Natural Resources, a struggling U.S. coal company, may be forced into buying costly new insurance or shedding liabilities to ensure it can cover obligations to clean up any abandoned mines, officials in West Virginia said. Alpha Natural Resources has been allowed to leave about $262 million in cleanup liabilities uninsured in West...

  • LONDON, April 16- Rio Tinto's iron ore cost of production has fallen from an average of $19.50 a tonne in 2014 to around $17 so far this year, the head of the world's second-largest mining company said on Thursday. The reduction was thanks to a cheaper Australian dollar, which benefited Rio's giant iron ore mines in Australia, and a weaker oil price, Chief Executive...

  • MOSCOW, April 16- Energy trader Gunvor has sold its 30 percent stake in Russian coal producer Kolmar, the Swiss-based trader said on Thursday. Gunvor, one of the world's top five oil trading houses, has been looking to cut exposure to Russia by selling assets. The company's former co-owner, Russian billionaire Gennady Timchenko, sold his stake in Gunvor last year...

  • MOSCOW, April 16- Energy trader Gunvor has sold its 30 percent stake in Russian coal producer Kolmar, the Swiss-based trader said on Thursday. It said in a statement the stake had been sold to a company controlled by Russian businessman Andrei Bokarev, an investor in coal mining and logistics assets, transportation and industrial processes.

  • MOSCOW, April 16- Energy trader Gunvor has sold its 30 percent stake in Russian coal producer Kolmar, the Swiss-based trader said on Thursday. The stake has been sold to Mokara Enterprises Limited, owned by Russian businessman Andrei Bokarev, Gunvor said in a statement. The company's former co-owner, Russian billionaire Gennady Timchenko, sold his stake in...