sharenet

China’s top utilities protest plan to ban low-grade coal imports

The big utilities have only just begun to see their thermal power businesses turn profitable after hemorrhaging billions over the past five years due to soaring coal prices.

sharenet | May 30, 2013 - 11:01 am

Base Metals

Copper dips to 18-month low after dim China growth data

London copper fell to a fresh year-and-a-half low on Tuesday after China's first economic report for the second quarter underscored fitful growth

sharenet | April 23, 2013 - 7:34 am

Fatal Brazil pier accident halts Anglo American iron ore shipments

The collapse of a river bank where a floating pier was moored has halted shipments by global miner Anglo American from its iron ore operation in Amapa state in Northern Brazil, the company said on Saturday.

sharenet | March 30, 2013 - 10:14 pm

Base Metals

Copper market expects squeeze, big holding appears

Traders are bracing for a replay of the April squeeze that made copper expensive to obtain quickly, saying major trader Glencore controls almost half the inventories of the commodity held in London Metal Exchange-registered warehouses worldwide.

sharenet | July 2, 2012 - 4:33 pm

Base Metals

LME copper falls after China factory activity shrinks

London copper futures turned negative on Thursday, after manufacturing data on China that showed factory activity in the world's top metals consumer shrank for a fifth month.

sharenet | March 22, 2012 - 4:09 am

Base Metals

Copper gains for 2nd day as Greece default woes ease

London copper edged higher for a second straight session on Tuesday after an orderly auction of Greek default insurance eased concerns about Greece's threat to the euro zone and eroded safe-haven support for the dollar.

sharenet | March 20, 2012 - 2:03 am

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Precious Metals

Australia trade dives into deficit on China, gold

Australia's trade account unexpectedly dived into the red in January as exports to China were hit by the Lunar holiday and shipments of gold took a steep drop, making a soft start to the year for one of the country's success stories.

sharenet | March 9, 2012 - 1:59 am

Base Metals

LME copper slips on slow China demand, EU debt woes

London copper slipped on Thursday as gains in the past month kept Chinese buyers at bay and the euro zone debt crisis continued to weigh on sentiment, but upbeat global manufacturing data is expected to keep a floor under prices.

sharenet | February 2, 2012 - 1:49 am

Base Metals

LME copper hits near 4-month high on IMF hopes

London copper hit a four-month high on Thursday after news that the International Monetary Fund was seeking to raise funds to tackle the euro zone debt crisis tempered worries over European funding troubles and boosted risk appetite.

sharenet | January 19, 2012 - 1:17 am

Energy

E.ON in $34 billion Brazil power deal with MPX

Giant German utility E.ON said on Wednesday it will team with Brazilian billionaire Eike Batista to build the largest privately held network of power plants in Brazil, as it bets on emerging markets amid stagnant growth in Europe.

sharenet | January 11, 2012 - 8:34 pm

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sharenet

China’s top utilities protest plan to ban low-grade coal imports

Copper dips to 18-month low after dim China growth data

Fatal Brazil pier accident halts Anglo American iron ore shipments

Copper market expects squeeze, big holding appears

LME copper falls after China factory activity shrinks

Copper gains for 2nd day as Greece default woes ease

Tags for you

Australia trade dives into deficit on China, gold

LME copper slips on slow China demand, EU debt woes

LME copper hits near 4-month high on IMF hopes

E.ON in $34 billion Brazil power deal with MPX

Videos

Mining’s next big threat: EY warns high prices are masking deeper risks

Gold could defy another Fed rate hike, Peter Grandich says

Gold juniors trading at ‘80% off’ as mining takeover wave looms, says Michael Gentile

Mining Insights. Delivered.