Latin America The Bahamas

  • *Indonesia may export up to 5.2 mln T nickel ore- minister. *Freeport to convert to special mining permit- minister. *Freeport has to divest up to 51 pct, IPO being considered.

  • *Indonesia produces 17 mln T of nickel ore per year- minister. *Freeport to convert to special mining permit- minister. *Freeport has to divest up to 51 pct, IPO being considered.

  • *Indonesia produces 17 mln T of nickel ore per year- minister. *Freeport to convert to special mining permit- minister. *Freeport has to divest up to 51 pct, IPO being considered.

  • *Indonesia is prepared to face any lawsuit- official. JAKARTA, Jan 13- A major Chinese investor in Indonesia's smelter industry said on Friday it was considering legal action and would put on hold its expansion plans in the country, after the government abruptly reversed a ban on the export of nickel ore and bauxite. Virtue Dragon, which had invested up to 7 trillion...

  • *Rules open way for Freeport to continue exports. JAKARTA, Jan 12- Indonesia introduced new rules on Thursday that will allow exports of nickel ore and bauxite and concentrates of other minerals under certain conditions in a sweeping policy shift by the key global supplier. A ban on unprocessed ore exports was imposed in 2014 to spur higher value smelting...

  • *Indonesia minerals export ban regulation expected. LONDON, Jan 9- Zinc rose to its highest level in three weeks on Monday as the dollar fell and on expectations of a continued shortage in supply for the metal used to galvanise steel. "Its been a good run for zinc but at the same time we are also seeing some zinc mines restart, so its question of sentiment from the...

  • *Indonesia minerals export ban regulation expected. The metal on the LME rose 2 percent to $2,669 per ounce by 1630 GMT, a level last seen on Dec. 19. "Its been a good run for zinc but at the same time we are also seeing some zinc mines restart, so its question of sentiment from the indices," ING's head of commodities strategy Hamza Khan said, referring to the possibility of...

  • *Indonesia minerals export ban regulation expected this week. LONDON, Jan 9- Copper slipped on Monday as the dollar continued to strengthen in the wake of solid U.S. payroll figures but falling stocks and promising data from top consumer China stemmed losses. ING's head of commodities strategy Hamza Khan said the strong fundamentals for copper could see prices...

  • *Freeport faces narrowing window for $18 bln expansion. At stake for Freeport is an $18 billion investment to expand its Grasberg mine- one of the world's biggest deposits of gold and copper- in the eastern Indonesian province of Papua. "Freeport is more politics than business," Hakim told a recent media briefing.

  • *Freeport faces narrowing window for $18 bln expansion. At stake for Freeport is an $18 billion investment to expand its Grasberg mine- one of the world's biggest deposits of gold and copper- in the eastern Indonesian province of Papua. "Freeport is more politics than business," Hakim told a recent media briefing.

  • The athlete inks a multiyear deal to promote Bridgestone golf balls.

  • HAMBURG, Dec 14- Europe's biggest copper smelter, Aurubis AG, said it expected profit to rebound in the current financial year after reporting a near 40 percent drop in 2015/ 16 earnings on Wednesday, partly due to smelter repairs in Bulgaria. It reported operating earnings for the year ended September of 213 million euros, down from 343 million euros in the...

  • *Divestment among requirements to extend Freeport contract. Under a 2014 memorandum of understanding with the government, Freeport agreed to divest a 30 percent stake by 2019 and invest in domestic processing to win an extension of its contract beyond 2021.. The government already has a 9.36 percent stake in Freeport's Indonesian operations, and had hoped to...

  • LIMA, Nov 16- Freeport-McMoRan Inc said on Wednesday it had completed the $2.65 billion sale of its stake in the Democratic Republic of Congo's Tenke mine, as chief executive Richard Adkerson said in an interview that he hopes negotiations will resolve the state miner's opposition to the deal. Freeport, the world's largest publicly-listed copper producer,...

  • A girl walks on a street damaged in hurricane Matthew, in Jeremie, in western Haiti, on October 7, 2016.

    Hurricane Matthew killed more than 800 people in Haiti before it skirted Florida's coast on Friday and plowed northward just off Georgia.

  • *Storm could hit Florida directly or brush coast. JUPITER/ ORLANDO, Fla., Oct 6- Hurricane Matthew, the strongest storm poised for U.S. landfall in more than 10 years, blasted the Bahamas on Thursday as it headed for Florida after killing at least 140 people in the Caribbean, mostly in Haiti. The storm was likely to remain a Category 4 on the five-step Saffir-Simpson...

  • *Storm could hit Florida directly or brush coast. JUPITER/ ORLANDO, Fla., Oct 6- Hurricane Matthew, the fiercest Caribbean storm in nearly a decade, blasted the Bahamas on Thursday as it headed for the southeastern United States after killing at least 140 people, mostly in Haiti, on its deadly northward march. The hurricane was likely to remain a Category 4 storm on the...

  • A woman protects herself from the rain with plastic after hurricane Matthew, in Port-au-Prince, on October 4, 2016.

    Hurricane Matthew was nearing the Bahamas, regaining some of the strength it had lost after swiping Cuba and leaving a trail of destruction in Haiti.

  • TOKYO, Sept 13- Japan's second-biggest city gas supplier, Osaka Gas Co, may not sign new long-term liquefied natural gas contracts for the next several years as the market shifts towards more active spot trade, a senior company official said. The company has commitments to take about 10 million tonnes of LNG from mostly long-term contracts in 2020, and some of...

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