SANTIAGO (Reuters) - A major blackout left most of Chile without power for hours on Sunday, two weeks after a massive earthquake that killed hundreds and weakened infrastructure. Electricity was restored quickly, but the failure of the South American country's main power ...
<div><p>British mining giant Vedanta announced Saturday it would buy bankrupt US copper miner Asarco for 1.7 billion dollars -- far below the sum it first bid when commodity prices were booming.</p><p>Vedanta Resources Plc' purchase, through its Indian unit Sterlite Industries, would make ...
<div><p>British metals giant Vedanta announced Saturday it would buy bankrupt US copper miner Asarco for 1.7 billion dollars -- far below the sum it first bid when commodity prices were booming.</p><p>Vedanta Resources Plc' purchase, through its Indian unit Sterlite Industries, would make ...
<div id="subtitle">Subsidiary of India's Sterlite Industries buying Asarco's operating assets for $1.7 billion</div><div><p>Copper producer Asarco LLC plans to sell its Amarillo refinery and other operating assets to Sterlite Inc. for $1.7 billion.</p><p>The other assets being ...
<div id="subtitle">China takes a different stand on prices</div><div><p>Editor’s Note: Andrew Mickey, Q1 Publishing’s Chief Investment Strategist, sat down for an exclusive one-on-one with one of the most experienced professionals in the copper industry. In this exclusive interview we reveal where the “King ...
<div id="subtitle">Topping reveals his ‘top’ resource stock picks</div><div><p>George Topping, a research analyst specializing in the mining sector at Blackmont Capital, pays closer attention to uranium and copper than he does gold and silver, but in this exclusive interview with The Gold Report, ...
<div id="subtitle">Gold production numbers at Robinson mine exceed revised guidance, says company.</div><div><p>In resources news Monday, Quadra Mining (TSX:T.QUA, Stock Forum) reported the 2008 fourth quarter and annual production results from its Robinson mine in Nevada. </p><p>The company, which ...
<div id="subtitle">No signs of the downtrend stopping anytime soon</div><div><p>A strong U.S. dollar and concerns that the global economic slowdown is spreading to China, the world’s leading consumer of copper, are driving the price of copper below US$1.80 per pound. </p> ...
<div id="subtitle">Frontera Copper (FCC) news in response to downturn in copper prices.</div><div><p>Shares of Frontera Copper (TSX: T.FCC, Stock Forum) plunged more than 28% to 31 cents Tuesday morning, after the company announced that mining activities at its Piedras Verdes Operations in Mexico ...
<div id="subtitle">Miner Freeport-McMoRan slashes hundreds of jobs as commodity prices tumble</div><div><p>Freeport-McMoRan Copper & Gold Inc. said Wednesday it would suspend operations and lay off the bulk of its workers at a New Mexico mine, cut production estimates through 2010 and curb other ...
