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Breaking News Wed, 15 Feb 2012
BHP, Rio announce $3.8bn Chile copper expansion
Mining Weekly
| PERTH (miningweekly.com) – Diversified miners BHP Billiton and Rio Tinto have agreed to a joint $3.8-billion investment that would increase copper production at their Escondida operation, in Chile, over the next ten years. | The two miners on...
Breakaway Resources - Potential new parallel copper-gold zone at Sandy Creek
Mineweb
Breakaway Resources | Highlights Significant copper-gold result returned 100m west of the existing mineralisation: |               o   14.38m @ 0.72% copper, 0.37g/t gold from...
Copper thief pleads guilty to damaging utility
Kansas City Star
| A copper thief is looking at a possible 20 years in prison for pulling down power poles to get at the wiring. | His action also caused a southeastern Kansas radio station to go off the air for several hours. | He was finally stopped by an armed pro...
China's Housing Market, Inflation Sway Copper Prices
The Street
| Copper investors are taking their cues from China this week, as the government said it would provide financial aid to bolster affordable housing projects. Though prices are being boosted, a rise in Chinese inflation is putting downward pressure on ...
Copper jumps on China bets
The Australian
| COPPER futures ticked higher this morning, settling at the highest price in almost five months as hopes for an uptick in demand, particularly from top consumer China, outweighed the drag from eurozone debt concerns as Greek debt talks continued. | ...
Summary Box: Copper rises on demand expectations
Kansas City Star
| COPPER CLIMBING: Copper prices hit their highest level since September on expectations that demand will pick up after China announced a plan to create millions of jobs. The price of copper has increased nearly 14 percent this year. | WAITING ON USD...
Metal Industry
A woman wearing gold and silver rings-India.
(photo: WN / Sayali Santosh Kadam)
Gold drops Rs 165 to Rs 28,165 per 10 grams
Zeenews
New Delhi: Gold extended losses for the third day Tuesday losing Rs 165 to trade at Rs 28,165 per ten grams in bullion market here due to sustained selling by stockists amid a weak trend in global markets. | Silver also declined by Rs 150 to Rs 56,150 per kg on reduced offtake by industrial units and coin makers. | Trading sentiment turned bearish ...
Copper Mining
 Teachers shout slogans against Peru´s government in Lima, Friday, July 13, 2007. The teachers´ union, Sutep, called for a strike in protest against a law signed by Peru´s President Alan Garcia that will allow teachers to be fired who fa
(photo: AP/Karel Navarro)
Spurned by president, Peru leftists protest mining
Mining Weekly
| Left-wing activists and provincial politicians frustrated by President Ollanta Humala's move to the political center marched into Lima on Thursday to protest billions of dollars in government-backed mining projects proposed by foreign firms. | At least 1 000 people participating in a nine-day walk across the countryside arrived in the capital...



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