BASE METALS HIGHLIGHTS : Top Stories of the Day
02/22/2013| 03:03pm US/Eastern
Barrick Plans Talks Aimed at Ending Blockade of Peru Mine
LIMA, Peru--Canadian mining company Barrick Gold Corp. (ABX, ABX.T) plans to hold talks on Friday with protesters who have blocked access to its Lagunas Norte mine in northern Peru, a spokesman for the company said.
Zambia Mopani Copper Mines To Complete Smelter Upgrades In Dec
Zambia's third largest copper and cobalt producer said Friday it will complete upgrades at its Mufulira Copper Smelter in December 2013, 18 months ahead of schedule as the miner steps up efforts to boost production and minimize pollution.
STORIES OF INTEREST
LME Delists 16 Storage Facilities
The London Metal Exchange said Friday it has delisted 16 storage facilities at the requests of the storage facility companies concerned, with immediate effect.
Strabag, Rio Tinto Sign Partnership Agreement for Tunnel, Shaft Drilling System
VIENNA-- Austrian construction company Strabag SE (STR.VI) and Australian mining company Rio Tinto have signed an agreement for a long-term partnership in research and development of Rio Tinto's new tunnel- and shaft-drilling systems, Strabag said Friday.
Chinese Companies Warned to Follow Local Laws When Operating Overseas
BEIJING--China Friday warned its companies operating overseas to follow local laws.
Eramet Sees Mixed Business in 2013 After Drop in 2012 Net Pft
French mining group Eramet SA (>> ERAMET) said Friday it expects mixed business in 2013 after it reported a fall in full-year net profit in "a very challenging economic environment," amid rising debt levels notably in developed countries and a slowdown in emerging countries, and notably in China.
Copper at 12-Week Low on Weaker EU Growth Outlook
NEW YORK--Copper prices fell Friday, locking in their seventh straight trading day of declines, as a souring outlook on European economic growth pressured some investors to sell.
-By Tatyana Shumsky, Dow Jones Newswires; 212-416-3095; firstname.lastname@example.org
Stocks mentioned in the article : ERAMET