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Latin America The Bahamas

  • *Deal would give JERA access to 15 LNG terminals in Europe. TOKYO, Dec 14- Japan's JERA Co, a fuel purchasing joint venture of Tokyo Electric Power and Chubu Electric Power, has agreed with French utility EDF's trading arm to expand an existing cooperation into liquefied natural gas. It is critical that JERA has the flexibility to adjust to volatile LNG demand in the...

  • *Indonesia plans to buy Rio 40 pct interest in Grasberg. *Freeport, Indonesia agreed in August to divestment plan. JAKARTA, Dec 5- Indonesia plans to acquire Rio Tinto's 40 percent participating stake in the Grasberg copper mine operated by the local division of Freeport-McMoRan Inc, part of government plans to control more of the country's resources.

  • LONDON, Nov 27- Nickel prices fell nearly 4 percent on Monday, pressured by weakening demand for stainless steel in top metals consumer China, rising Chinese borrowing costs and Beijing's regulatory crackdown on risky financing. "Some reports coming from China stainless orders are weakening. Over the past couple of weeks questions from clients have gone from'...

  • MELBOURNE, Nov 27- London nickel led metals lower on Monday, as investors cut their exposure to risky assets as Beijing steps up a crackdown on shadow banking and other riskier forms of financing. *LME COPPER: Copper hit $7,024 a tonne, its highest in a month, before reversing to slide 1 percent to $6,934 a tonne by 0708 GMT. Shanghai Futures Exchange copper fell 0.4...

  • MELBOURNE, Nov 27- London copper touched a one-month high above $7,000 a tonne on Monday, amid signs of resilience in China's industrial sector that suggested a cooling, but still healthy, appetite for metals. *SHFE COPPER: Shanghai Futures Exchange copper rose 0.7 percent to 54,500 yuan a tonne, having struck its highest in around three weeks.

  • *Freeport says evacuation plan to begin immediately. TIMIKA, Indonesia, Nov 18- U.S. miner Freeport-McMoRan Inc is evacuating spouses and children of workers from its giant Indonesian copper mine after a string of shootings in the area raised security concerns. Freeport has asked family and household members of its employees to prepare over the weekend for a...

  • *Main mine access road remains closed, Freeport spokesman says. JAKARTA/ TIMIKA, Indonesia, Nov 15- An Indonesian police officer was killed and a second wounded on Wednesday, after both were shot in the back in an area near Freeport-McMoRan Inc's giant Grasberg copper mine in the eastern province of Papua, police said. The officers were patrolling an area close to...

  • *Main mine access road remains closed, Freeport spokesman says. JAKARTA/ TIMIKA, Indonesia, Nov 15- An Indonesian police officer was killed and a second wounded on Wednesday, after both were shot in the back in an area near Freeport-McMoRan Inc's giant Grasberg copper mine in the eastern province of Papua, police said. The officers were patrolling an area close to...

  • MELBOURNE, Nov 15- Shanghai nickel and zinc tumbled alongside steel on Wednesday, extending losses from the previous session, as traders cut exposure to the sector following cooling industrial production growth and property sales in China. *The gains piled pressure on other metals with Shanghai copper falling 2.2 pct and lead down 2.4 percent.

  • JAKARTA, Nov 15- Indonesia has amended contracts with 13 coal mining companies, including some of the country's biggest producers of the fossil fuel, as part of a shift towards a new mining permit system it expects to boost government revenues. Indonesia's 2009 mining law requires companies to transfer from so-called contracts of work, long-term agreements...

  • TIMIKA, Indonesia, Nov 15- An Indonesian police officer was killed and a second wounded on Wednesday, after being shot in the back in an area near Freeport-McMoRan Inc's giant Grasberg copper mine in the eastern province of Papua, a police spokesman said. The officers were patrolling an area close to where a Freeport vehicle was targeted in a shooting on Tuesday,...

  • *Freeport concerned about escalating violence, workers uneasy. No one was reported injured when shots were fired at an escort vehicle traveling from the lowlands, but Freeport canceled all convoys along the road on Sunday afternoon while the security situation was assessed. The separatist West Papua National Liberation Army, a group linked to the Free Papua...

  • JAKARTA, Nov 12- The Indonesian unit of Freeport-McMoRan Inc has temporarily shut the main supply route to its Papua mine after a shooting incident, a spokesman said, amid escalating tensions between security forces and an armed rebel group in the area. Authorities in Indonesia's eastern province of Papua are delivering food and aid to villages near the mine...

  • JAKARTA, Nov 10- Indonesia's military said on Friday it was prepared to take tough measures against rebels who have threatened to "destroy" the mining operations of Freeport-McMoRan Inc in the eastern province of Papua in their independence struggle. But he warned that Freeport employees and security personnel remained in the area at their own risk.

  • LONDON, Nov 10- Aluminium edged into positive territory on Friday but was still on track for its worst week since May 2016 as speculative investment flows ebbed on caution over the scale of expected Chinese capacity cuts. Benchmark aluminium on the London Metal Exchange rose 0.6 percent to $2,105 a tonne by 1230 GMT, set to end the week nearly 4 percent down.

  • JAKARTA, Nov 10- Indonesia's military said on Friday it was prepared to take tough measures against rebels who have threatened to "destroy" mining operations of Freeport-McMoRan Inc in the eastern province of Papua in their struggle for independence. However, he warned that Freeport employees and security personnel remaining in the area did so at their own...

  • MELBOURNE/ BEIJING, Nov 10- London Metal Exchange copper held above one-month lows on Friday as a weaker dollar broadly lifted base metals, although it remained on track for a weekly loss. *COPPER: LME copper was up 0.5 percent at $6,840 a tonne, as of 0732 GMT, following small losses in the previous session when it sank to its weakest since Oct. 11 at $6,761.50.

  • *COPPER: LME copper had risen 0.1 percent to $6,816.50 a tonne by 0212 GMT, following small losses in the previous session when it sank to its weakest since Oct. 11 at $6,761.50. Shanghai Futures Exchange copper was flat at 53,490 yuan a tonne. *FREEPORT: Armed separatists have occupied five villages in Indonesia's Papua province, threatening to disrupt...

  • TOKYO, Nov 1- Japan's Osaka Gas plans to raise its resales of liquefied natural gas to third parties to 3 million tonnes a year by 2020, a top executive said on Wednesday, a move that would create more liquidity to Asia's emerging natural gas markets. Osaka Gas, Japan's second-biggest city gas supplier, started reselling LNG in 2006 as one of a few buyers able to do so,...

  • JAKARTA, Oct 23- Six police were wounded and one killed in shootings that police alleged on Monday were carried out by a separatist group that aims to disrupt operations at the Grasberg copper and gold mine in Indonesia's eastern-most province of Papua. "It's clear they want to disrupt operations at Freeport," Diaz said. "Freeport is rich has a big company.