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  • From 23.6 million tonnes in 2013, Iran's iron ore shipments are likely to drop to 15-16 million tonnes this year and to less than 10 million tonnes by 2017, said Keyvan Jafari Tehrani from the Iron Ore Producers and Exporters Association of Iran. Iran exported 22 million tonnes of iron ore in 2014, the ninth biggest in the world, according to data from the...

  • LAUNCESTON, Australia, Sept 24-- Can the coal industry win a public relations battle, and does it even matter if it can't? Does this mean that the Minerals Council of Australia's new, and seemingly costly, campaign in support of the fuel is simply raging against the inevitable, or does it herald a new front in the war between coal miners and anti-coal...

  • *Platinum up after 4- day losing streak. SINGAPORE, Sept 24- Platinum recovered some lost ground on Thursday on bargain-hunting after a four-day rout prompted by fears that demand from the auto industry, where the metal is used in diesel catalysts, could take a hit following the Volkswagen emissions scandal. Platinum is used in diesel catalysts to clean up...

  • *Peru's Buenaventura cuts forecast 2015 silver output. AREQUIPA, Peru, Sept 23- Mining companies in Peru are wringing bargains from contract and supply companies to weather slumping mineral prices, the head of the country's main mining association said Wednesday. But competitive operating costs still put mines in Peru at a safe distance from possible...

  • SINGAPORE, Sept 24- Platinum rose on Thursday, snapping a four-day rout that took it to its lowest in 6-1/ 2 years on fears demand from the auto industry, where the metal is used in diesel catalysts, could take a hit following the Volkswagen emissions scandal. *Spot platinum had risen 1.8 percent to $946.45 an ounce by 0048 GMT, after losing about 5 percent in the past...

  • *Palladium on track for biggest jump since Dec. 2009. *SPDR Gold Trust saw first inflow in nearly 1 month. NEW YORK/ LONDON, Sept 23- Platinum fell to a 6-1/ 2- year low on Wednesday, on fears about reduced demand from the auto sector, where it is used in diesel catalysts to clean up exhaust emissions, while palladium, used in gasoline vehicles, surged 7 percent.

  • METALS-Copper dips on China worries, zinc bounces Wednesday, 23 Sep 2015 | 12:31 PM ET

    *China flash PMI hits 6-1/ 2 yr low in Sept. LONDON, Sept 23- Copper dipped on Wednesday on worries about demand in the world's top metals consumer after data showed the biggest fall in China's factory activity since the financial crisis. China's factory activity unexpectedly shrank to a 6-1/ 2 year low in September, intensifying fears that a slowdown in the world's...

  • *Platinum hits 6/ 1-2 year lows on Volkswagen scandal. JOHANNESBURG, Sept 23- For South Africa's new mining minister Mosebenzi Zwane, until now a little-known provincial agriculture official, it was not the ideal first day in the office. Platinum's biggest daily drop in two years is a stark reminder of what lies in store for Zwane as he tries to walk a line between...

  • Miners hit by China concerns Wednesday, 23 Sep 2015 | 11:40 AM ET
    Miners hit by China concerns

    John Meyer, a mining analyst at SP Angel, says demand in China for metals and mining commodities is not picking up.

  • *Platinum hits 6/ 1-2 year lows on Volkswagen scandal. JOHANNESBURG, Sept 23- For South Africa's new mining minister Mosebenzi Zwane, until now a little-known provincial agriculture official, it was not the ideal first day in the office. Platinum's biggest daily drop in two years is a stark reminder of what lies in store for Zwane as he tries to walk a line between...

  • QINGDAO, China, Sept 23- Iron ore miner Vale said it will cut its production cost to less than $13 per tonne by 2018, as the world's largest producer of the commodity maximizes profit margins in an era of weak prices. "Vale is progressing to reach the lowest cash cost of the industry and will be competitive at any price scenario," Claudio Alves, global director of...

  • *Platinum falls to fresh 6-1/ 2- year low. SINGAPORE, Sept 23- Gold rose after two days of losses on Wednesday as equities took a hit from weak Chinese factory data, while platinum slid to a fresh 6-1/ 2- year low as investors feared a drop in demand from the auto industry. Platinum fell to $925.30 an ounce, its lowest since January 2009, before recouping losses to trade up...

  • MELBOURNE, Sept 23- BHP Billiton confirmed on Wednesday it paid no tax on its global marketing base in Singapore, but said it was not the only reason for using the island state as a commodities trading hub and that it paid a fair share of tax worldwide. Australia's tax office is investigating the mining firm and rival Rio Tinto for shifting billions of dollars in...

  • *Platinum vs palladium graphic: http://link.reuters.com/nav65w. Platinum prices dropped 3.6 percent on Tuesday, their biggest one-day fall in more than two years, "whacked" by concerns that the German carmaker's years-long effort to dupe U.S. regulators on diesel emissions will hurt sales of diesel engines, said Ed Meir, metals analyst at INTL FCStone.

  • DENVER, Sept 22- Newmont Mining Corp is not interested in buying the U.S. assets Barrick Gold has put up for sale but would be keen on Barrick's 50 percent stake in an Australian mine at the right price, Newmont Chief Executive Gary Goldberg said on Tuesday. There has been speculation in the market that Denver- based Newmont, the biggest U.S.-based gold miner, and...

  • Congo drops objections to Ivanhoe Mines' copper deal Tuesday, 22 Sep 2015 | 2:57 PM ET

    KINSHASA, Sept 22- Democratic Republic of Congo's government supports Ivanhoe Mines' $400 million sale of a stake in its Kamoa copper mine to China's Zijin Mining, it said on Tuesday, dropping earlier objections to the deal. The government said in June that Vancouver- based Ivanhoe's sale in May of a nearly 50 percent stake in the copper project in southeastern...

  • Sept 22- Patriot Coal said Blackhawk Mining won a bankruptcy auction for the majority of its assets but did not disclose the terms. Lexington, Kentucky- based Blackhawk had agreed to act as the initial, or stalking horse, bidder for Patriot's assets, which include mines in West Virginia and reserves in other states. The sale is subject to approval by the U.S....

  • CALGARY, Sept 22- The Canadian oil-producing province of Alberta wants to strengthen its environmental regulations and bend the curve on its rapidly-rising greenhouse gas emissions, Premier Rachel Notley said in a radio interview broadcast on Tuesday. Alberta's oil sands, vast deposits of tar-like bitumen, are the world's third-largest crude reserves, but...

  • US STOCKS-Wall St down 1 pct as commodity prices slide Tuesday, 22 Sep 2015 | 10:04 AM ET

    *Copper prices hit two-week low, oil down about 2 pct. Sept 22- Wall Street fell more than 1 percent in early trading on Tuesday due to a fall in oil and copper prices on concerns about the outlook for the Chinese economy. Copper prices hit two-week lows, while oil was down about 2 percent.

  • Execs from Goldman Sachs, scrap recycler Sims on board. The newcomers include Goldman Sachs' Philip Killicoat and William Schmiedel from Sims Group, the world's largest listed scrap metals recycler. Also joining are Spencer Johnson from broker INTL FCStone and Gianpiero Repole from Liberty Commodities, a trade house.