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Materials and Metals Metals and Mining

  • *Traders concerned about China's credit availability for metals. MELBOURNE, March 10- London copper steadied on Friday after six straight sessions of decline but was on track to log its steepest weekly loss since August after an influx of deliveries into exchange warehouses this week doused near-term supply concerns. Three-month copper on the London Metal...

  • MELBOURNE, March 10- London copper steadied on Friday after six straight days of declines but was on track to log its steepest weekly loss since August after an influx of deliveries into exchange warehouses this week doused immediate supply concerns. *Three-month copper on the London Metal Exchange edged up by 0.2 percent to $5,701 a tonne by 0052 GMT, after a...

  • CALGARY, Alberta, March 9- The exodus of international players from Canada's costly oil sands is raising fresh doubt over future development prospects for the world's third-largest crude reserves as the region struggles to compete with cheap U.S. shale plays. The energy sector makes up one-sixth of Canada's economy. Canada's main crude-producing province...

  • CALGARY, Alberta, March 9- The exodus of international players from Canada's costly oil sands is raising fresh doubt over future development prospects for the world's third-largest crude reserves as the region struggles to compete with cheap U.S. shale plays. The energy sector makes up one sixth of Canada's economy. Canada's main crude-producing province...

  • CALGARY, Alberta, March 9- The exodus of international players from Canada's costly oil sands is raising fresh doubt over future development prospects for the world's third-largest crude reserves as the region struggles to compete with cheap U.S. shale plays. The energy sector makes up one sixth of Canada's economy, while in Alberta oil and gas contributes a...

  • LONDON, March 9- Copper fell to a two-month low on Thursday, reflecting losses across most industrial metals and other assets as markets geared up for an expected rise in U.S. interest rates this month. Three-month copper on the LME was at $5,702 by 1500 GMT, down 1.1 percent, having earlier touched its lowest since Jan. 10 at $5,652. The metal hit a 21- month high of...

  • LONDON, March 9- Copper fell to a two-month low on Thursday, reflecting losses across industrial metals and other assets as markets geared up for an expected U.S. interest rate hike this month. Earlier it touched its lowest since Jan. 10 at $5,652 a tonne. The metal hit a 21- month high of $6,204 last month after news of strike action at Escondida and an export stoppage...

  • PARIS, March 9- Swiss-French cement maker LafargeHolcim should think twice about supplying cement for the wall U.S. President Donald Trump plans to build on the border with Mexico, French Foreign Minister Jean-Marc Ayrault said on Thursday. Trump's plan has caused a diplomatic crisis with Mexico, and in an interview with Agence France Presse earlier this week,...

  • LAUNCESTON, Australia, March 9- China's imports of major commodities remained robust in February, underlining the recent positive trend, but also masking a few areas of emerging concern. Imports of crude oil, coal, iron ore and copper were all lower in February than in January, but once adjusted to a daily basis, the picture remained one of strength.

  • LONDON, March 9- Copper fell to a two-month low on Thursday, reflecting losses across industrial metals and other assets as the markets geared up for an expected increase to U.S. interest rates this month. Three-month copper on the LME touched its lowest since Jan. 10 at $5,660 a tonne and was down 1.8 percent at $5,662.50 by 1050 GMT. The metal hit a 21- month high of...

  • TOKYO, March 9- Japan on Thursday asked the World Trade Organization to set up a dispute settlement panel to examine India's safeguard duties on steel imports which it says may be violating the WTO rules. Japan in December asked for WTO dispute consultations with India over steel safeguard duties and a minimum import price for iron and steel products.

  • The company, which also has interests in iron ore, said headline earnings per share jumped to 1,302 South African cents last year from 457 cents in 2015.. A gross final cash dividend of 410 cents was declared, up from the 85 cents per share paid out last year. Shares in Exxaro were down 1.45 percent at 112,235 rand by 1032 GMT.

  • *ShFE nickel slumps 5 pct on hopes Philippines mine cuts to ease. MELBOURNE, March 9- London copper fell on Thursday after solid U.S. jobs data increased the likelihood of an interest rate hike this month and on signs that a disruption at the world's biggest copper mine may soon ease. "A Fed rate hike after the strong U.S. job report may strengthen the dollar, hitting...

  • HOUSTON, March 9- U.S. shale oil producers are plotting ambitious production growth outside the red-hot Permian Basin in Texas, widening a resurgence that could confound OPEC's strategy to tighten global supplies. As shale firms rebound from a two-year price war with OPEC, many are planning to expand production in North Dakota, Oklahoma and other shale regions.

  • Cobalt to perform well in 2017: Analyst

    Caspar Rawles of Benchmark Mineral Intelligence says prices for cobalt, which is used in lithium-ion batteries, will remain strong this year.

  • MELBOURNE, March 9- London copper fell on Thursday after solid U.S. jobs data increased the likelihood of an interest rate hike this month and on signs that disruption at the world's biggest copper mine may soon ease. *Shanghai Futures Exchange copper receded 1.3 percent to 46,620 yuan a tonne. *LME nickel slid 1.5 percent, while ShFE nickel tumbled more than 6...

  • LAUNCESTON, Australia, March 9- China's imports of major commodities remained robust in February, underlining the recent positive trend, but also masking a few areas of emerging concern. Imports of crude oil, coal, iron ore and copper were all lower in February than in January, but once adjusted to a daily basis, the picture remained one of strength.

  • SANTIAGO, March 8- BHP Billiton may try to restart production at the world's No.1 copper mine Escondida in Chile using temporary workers once the strike surpasses 30 days, the company told a local radio station on Wednesday. If their safety could be assured "there is the option of using contractors' help to try to get production going" and it will be evaluated day by...

  • MELBOURNE, March 9- The rise of wind and solar power in Australia was supposed to be the death knell for coal use in the world's biggest exporter of the fossil fuel, but the shunned fuel is finding a new lease of life and may yet attract subsidies to keep the lights on. Supplies are set to tighten with France's Engie SA closing Australia's dirtiest power station,...

  • TORONTO, March 8- The biggest risk facing the world's top gold producers is their reluctance to hunt for big new discoveries in emerging markets, with most sticking to so called safe jurisdictions, said the head of Randgold Resources Ltd on Wednesday. "What I'm preaching to the industry is the big guys have to go back to the emerging markets and invest long-term," he...