Latin America The Bahamas

  • MELBOURNE, May 16- London copper edged higher from its weakest since February on Monday after an improvement in China's property sector offset several softer gauges of China's economy that had rattled investors over the demand prospects for industrial metals. China's fixed asset-investment and retail sales grew more slowly than expected in April, as did...

  • MELBOURNE, May 16- London copper hovered near its weakest since February on Monday after several gauges of China's economy such as factory output and new loans softened in April, increasing concerns over demand prospects for industrial metals. *Three-month copper on the London Metal Exchange eased by 0.6 percent to $4,601.50 a tonne by 0004 GMT, after...

  • Anglo American, Glencore and Freeport have been at the forefront of those cutting debt, but BHP Billiton and Rio Tinto have also been looking to rationalise their assets while also signalling an interest in acquisitions. Slower economic growth in China triggered the slide in the prices of raw materials, and Chinese companies are now the main potential buyers...

  • LONDON, Feb 17- Lead suffered its biggest one-day loss in nine months on Wednesday, dropping more than 3 percent after a surge in inventories highlighted the market was well supplied. The key market in lead is China and that's been pretty weak, "said Citi analyst David Wilson. Three-month LME lead slid 3.1 percent to close at $1,734.50 a tonne, its weakest since Feb. 2.

  • LONDON, Feb 17- Lead prices dropped to a two-week low on Wednesday after a surge in inventories highlighted the market was well supplied, while other metals were mixed. The key market in lead is China and that's been pretty weak, "said Citi analyst David Wilson. Three-month LME lead had slid 2.2 percent to $1,750 a tonne by 1540 GMT, the third day of losses and the...

  • LONDON, Feb 17- Lead prices dropped on Wednesday after a jump in inventories highlighted the market was well supplied, while copper followed oil prices higher. The key market in lead is China and that's been pretty weak, "said Citi analyst David Wilson. Three month LME lead fell 1 percent to $1,772 a tonne by 1043 GMT, the third day of losses and after a 2.2 percent...

  • *A new conflict brews at MMG's Peru copper mine. MELBOURNE, Feb 17- London copper edged down on Wednesday as oil prices consolidated following a Middle Eastern supply agreement that initially underwhelmed investors, while traders braced for further signs of distress in the global economy. "The down move we saw last night in oil probably dented a little bit of the...

  • LONDON, Feb 2- Copper hit a four-week high on Tuesday as bets on lower prices were reversed ahead of a Chinese holiday, but prices slipped later in the day as focus returned to oversupply and weak demand growth in top consumer China. Benchmark copper on the London Metal Exchange was down 0.7 percent to $4,529 a tonne at 1527 GMT. The metal used in power and...

  • LONDON, Feb 2- Copper prices hit a four-week high on Tuesday as traders reversed bets on lower prices ahead of the Lunar New Year and sentiment was boosted by expectations of further supply cuts to offset slowing demand in top consumer China. Benchmark copper on the London Metal Exchange was up 0.9 percent at $4,601 a tonne at 0954 GMT. China starts a week-long...

  • MELBOURNE, Feb 2- London copper was treading water on Tuesday after China's factory growth slowed sharply in January, but solid Chinese imports of the metal in December have sparked confidence that prices are finding a floor. *Shanghai Futures Exchange copper was steady at 35,610 yuan a tonne. *China's manufacturing activity contracted at its fastest pace in...

  • *Freeport copper export licence expired Thursday. *Freeport says "everything is normal" at massive mine. Asked if overseas shipments had ceased, a Freeport spokesman said "everything is normal", without elaborating.

  • *Freeport copper export licence expired Thursday. JAKARTA, Jan 29- Indonesia has not yet issued a new copper export permit to the local unit of U.S. mining giant Freeport McMoRan Inc, government officials said on Friday, but talks on the issue are expected to continue later in the day. Freeport's six-month licence to export copper concentrate expired on Thursday...

  • *China stocks lead Asia lower as oil tumbles below $30. LONDON, Jan 26- Copper and zinc hit multi-week peaks on Tuesday, bucking a weaker trend in other markets, as speculators bought back short positions ahead of a holiday break in top metals consumer China. The lack of clarity ahead of the Chinese new year and a U.S. central bank meeting led investors to cancel some of...

  • *China stocks lead Asia lower as oil tumbles below $30. *Freeport yet to pay Indonesia smelter deposit. Weak demand from top copper consumer China remains a key concern for the metal, said Helen Lau, analyst at Argonaut Securities in Hong Kong, muting the impact of recent output cuts The most-traded March copper contract on the Shanghai Futures Exchange slipped...

  • *Freeport yet to pay Indonesia smelter deposit. Three-month copper on the London Metal Exchange was up 0.2 percent at $4,424 a tonne by 0448 GMT, well off a session high of $4,450. "Weak demand from top copper consumer China remains a key concern for the metal," said Helen Lau, analyst at Argonaut Securities in Hong Kong, muting the impact of recent production cuts by...

  • *Govt wants Freeport to pay $530 mln smelter deposit. Freeport, which has seen its stock plummet over 70 percent in the last three months as commodity markets plunge, could be forced to halt exports from its massive Grasberg copper and gold mine in Papua if it fails to meet government obligations. Freeport executives are expected to discuss the issue with the...

  • *Freeport faces difficult journey to extend mining contract. Freeport's long-held desire to continue mining in Indonesia beyond 2021 has been beset by controversy, including cabinet infighting, resignations and a major political scandal that led to the resignation of the parliamentary speaker. "The last couple of months have been a total disaster for...

  • *Freeport drops; China worries weigh on materials shares. Stocks had their worst five-day start to a year ever following mounting investor concerns about declining oil prices and a China- led slowdown in global growth. "The fact that we didn't see kind of another washout today kind of emboldened some of investors to think that perhaps, at least on a short-term...

  • *Freeport drops; China worries weigh on materials shares. Stocks had their worst five-day start to a year ever following mounting investor concerns about declining oil prices and a China- led slowdown in global growth. "The fact that we didn't see kind of another washout today kind of emboldened some of investors to think that perhaps, at least on a short-term...

  • Jan 11- U.S. stocks extended their recent slide on Monday with declines in biotechs and energy shares, while caution ahead of earnings season also weighed on the market. Last week, stocks had their worst five-day start to a year ever following mounting investor concerns about declining oil prices and a China- led slowdown in global growth. Celgene fell 7.5 percent...