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Latin America The Bahamas

  • *Korea tensions, lack of Trump spending plans weigh. LONDON, April 12- Copper eased to two-week lows on Wednesday, shrugging off a tentative recovery in the broader financial markets as geopolitical tensions and fading hopes for a boost to U.S. demand pressured prices. The metal slipped this week along with other cyclical assets as concerns over North Korea and...

  • MELBOURNE, March 22- London copper dropped with other commodities on Wednesday as investors shunned risk on doubts over the economic agenda of U.S. Concerns that the U.S. would not push through corporate tax cuts as promised before the election pulled down stocks in Asia, with the negative sentiment spilling into metals, said analyst Daniel Morgan of UBS in...

  • SECOND DAY OF TALKS BETWEEN UNION AND FREEPORT ENDS WITH NO AGREEMENT, WORKERS TO CALL FOR REGION-WIDE PROTESTS.

  • *China imports 380,000 T copper in Jan, down 22 pct vs Dec. Trade data from China, the world's biggest metals consumer, also provided support, but copper pulled back from highs after Indonesia issued new mining permits to Freeport McMoRan Inc, opening the way for a resumption of exports. "Trump seems to have come round to the one- China view and he wants to have a good...

  • *Freeport still trying to work out permit renewal for Papua mine. Freeport-McMoRan Inc warned it will scale back output at its Grasberg mine in Indonesia, the second-biggest, amid a smelter strike and issues over renewal of its mining permit. In Indonesia, a strike at the country's biggest copper smelter, which is Freeport's sole domestic offtaker of copper...

  • NEW YORK, Feb 1- The S&P 500 edged higher on Wednesday to cap a four-day losing streak, buoyed by gains in Apple shares and after the Federal Reserve kept U.S. interest rates unchanged, as expected. Apple shares rose 6.1 percent to $128.75, its highest close in a year and a half. In its first meeting since President Donald Trump took office, the Fed's policy-setting...

  • NEW YORK, Feb 1- The S&P 500 moved in and out of negative territory on Wednesday, buoyed by gains in Apple shares and after the U.S. Apple shares rose 7.4 percent to $130.31 after touching $130.35, its highest in 18 months. "Confidence in the economy was reflected in the more emphatic statement with regard to inflation," said Atul Lele, chief investment officer at Deltec...

  • *Lean trading in Asia ahead of Lunar New Year holiday. LONDON, Jan 26- Copper closed lower on Thursday, hurt by a strengthening dollar, after hitting a two-month high earlier in the day on concerns about potential supply disruptions in Indonesia and Chile. Freeport-McMoRan, the world's biggest listed copper miner, warned on Wednesday it would need to start...

  • *Lean trading in Asia ahead of Lunar New Year holiday. LONDON, Jan 26- Copper slipped on Thursday after hitting a two-month high on worries over potential supply disruptions in Indonesia and Chile, while zinc hit a 1-1/ 2 month peak on expectations of continued supply shortages. Freeport-McMoRan, the world's biggest publicly-listed copper miner, warned on...

  • *Lean trading in Asia ahead of Lunar New Year holiday. LONDON, Jan 26- Copper hit a two-month high on Thursday on worries over potential supply disruptions in Indonesia and Chile, while zinc hit a 1-1/ 2 month peak on expectations of continued supply shortages. Freeport-McMoRan, the world's biggest publicly-listed copper miner, warned on Wednesday it would need to...

  • Freeport said in documents accompanying earnings disclosure on Wednesday it "expects to challenge this decision at Indonesia's Supreme Court and is evaluating its options." Earlier, Indonesia's Papua province, home of Freeport's giant Grasberg copper mine, said it had won a court battle in a claim against the company for 2.51 trillion rupiah in outstanding...

  • *Freeport wants legal guarantees over new rules. But new regulations announced last week mean that Freeport and some other miners could be allowed to keep exporting ore if they meet conditions including shifting from their current' contracts of work' to so-called' special mining permits', a move that could leave them liable to paying more in taxes.

  • *Freeport wants legal guarantees over new rules. But new regulations announced last week mean that Freeport and some other miners could be allowed to keep exporting ore if they meet conditions including shifting from their current' contracts of work' to so-called' special mining permits', a move that could leave them liable to paying more in taxes.

  • *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...