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COMMODITIES-Up broadly on strong US economic data; gold slumps
Reuters* Oil, copper up on strong US consumer sentiment, stock market * Corn up too on less sales by farmers focused on planting * Gold at 1-month low as Fed pressured to end US stimulus By Barani Krishnan NEW YORK, May 17 (Reuters) - Oil and copper prices...Tags: Foreign Exchange Market, Petroleum Industry, Metal and Mineral, China, Casino and Gambling Industry
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Dollar tops 103 yen, a 4-1/2-year high, on robust U.S. data
ReutersNEW YORK (Reuters) - The dollar rallied across the board on Friday, topping the 103-yen level as it hit a 4-1/2-year high against the Japanese currency, after data showing a robust rebound in U.S. consumer sentiment prompted investors to add to bullish...Tags: Financial Markets, Consumer Confidence, New Zealand, Metal and Mineral, Gross Domestic Product
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Ticketmaster agrees to settle lawsuit
The Kansas City StarTicketmaster settles Ticketmaster has agreed to settle claims for up to $23 million in a lawsuit affecting more than a million people who after buying a ticket online were enrolled in a rewards program that cost $9 a month but never gave them any...Tags: Alcoa Incorporated, Metal and Mineral, Ticketmaster, Warren Buffett, Services and Shopping
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Group urges fair rates
Messenger-Inquirer, Owensboro, Ky.Three industries in the greater Owensboro area have formed a new group to get customers at the grassroots level to speak out for what they call fair and reasonable utility rate increases from Big Rivers Electric Corp. and Kenergy Corp. Fair Rates...Tags: Electricity Production and Distribution, Century Aluminum Company, Metal and Mineral, Kimberly-Clark Corporation, Domtar Incorporated
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PREVIEW-Freeport shares could rise regardless of Plains vote outcome
ReutersBy Michael Erman and Julie Gordon May 17 (Reuters) - Freeport-McMoRan Copper & Gold Inc appears to be in a win-win situation as Plains Exploration shareholders prepare for Monday's vote on the miner's nearly $6 billion takeover bid, part of its...Tags: Petroleum Industry, McMoRan Exploration Company, Shareholders, Metal and Mineral, Morningstar Incorporated
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Freeport Indonesia mine should stay shut to probe tunnel collapse -union
Reuters* Suspension of copper mining enters third day * Tension between union, Freeport could spook investors * Indonesia president calls for investigation By Yayat Supriatna and Michael Taylor JAKARTA, May 17 (Reuters) - Freeport McMoRan Copper & Gold Inc's...Tags: Mining, Casino and Gambling Industry, Susilo Bambang Yudhoyono, Indonesia, Metal and Mineral
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Ecuador pushing ahead with reforms to lure mining investors
Reuters* Andean country rich in minerals, but has no big mines * Government-controlled Congress likely to approve reforms QUITO, May 16 (Reuters) - Ecuador's government on Thursday presented a mining bill to Congress that should pave the way for the signing of...Tags: Mining, Career and Workplace, Petroleum Industry, Metal and Mineral, Crime, Law and Justice
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Lower copper price hits Antofagasta Q1 profit
ReutersLONDON, May 16 (Reuters) - Chilean copper miner Antofagasta posted a 29 percent drop in first-quarter core profit on Thursday, as lower prices for its red metal and slightly higher operating costs offset increased production. Antofagasta said the...Tags: Metal and Mineral
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KGHM Q1 net dips on mining tax, falling metal prices
ReutersWARSAW, May 15 (Reuters) - First-quarter net profit at Europe's No.2 copper producer KGHM came in above expectations, still falling by 27 percent due to Poland's mining tax and falling metal prices, it said on Wednesday. The state-controlled miner closed...Tags: Mining, Metal and Mineral
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U.N. sees 2013 foreign direct investment in Latam between -3 percent and +7 percent
ReutersSANTIAGO (Reuters) - Foreign direct investment in Latin America and the Caribbean this year could fall as much as 3 percent or jump by up to 7 percent after leaping to a record in 2012, the United Nations' body for the region said on Tuesday. The region'...Tags: European Union, Brazil, Metal and Mineral, Santiago (Chile), United Nations
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COMMODITIES-Copper down most in 2 weeks, sugar at 34-month low
Reuters* Copper hit by weak factory data in China * Raw sugar nears 3-year low on signs on more Brazil output * Dollar strength to yen, euro further pressures commodities * Cocoa higher as stocks damaged, natgas up on cool weather By Barani Krishnan NEW YORK,...Tags: Foreign Exchange Market, Petroleum Industry, BNP Paribas, Brazil, Metal and Mineral
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Chile Pascua-Lama construction could resume at end of 2013 -report
ReutersSANTIAGO, May 10 (Reuters) - Construction of Barrick Gold Corp's suspended Pascua-Lama mine project could resume at the end of the year if the company shows authorities it can turn around the troubled operation, a Chilean mining ministry official was...Tags: Mining, Career and Workplace, Barrick Gold Corporation, Water Supply, Chile
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May 16, 2013
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May 15, 2013
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May 14, 2013
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May 10, 2013
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