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Global miner Anglo American (AAL.L: Quote) said Monday it expects its total copper output to reach 1.2 million tonnes by 2014.

Japan's six big trading firms, which derive up to 80 percent of their profit from commodities, plan a combined 2.76 trillion yen ($36 billion) investment, a record high, in the year to March 2012 on the back of strong earnings growth in the past few years largely due to gains in oil and other commodity prices.

Rio Tinto said it was recovering faster than anticipated from disruption at one of its largest mines as the Anglo-Australian group reported better than expected production during the past three months.

The mine should begin producing minerals by late 2013, the Anglo-Australian company said. It expects Kennecott Eagle to yield annual averages of 17,300 metric tons of nickel and 13,200 metric tons of copper over six years. It will be the only US mine with nickel as the primary mineral.

BHP Billiton, the Anglo-Australian mining group, yesterday reported better-than-expected half-year results but flagged concerns about its growth prospects as governments around the world looked to unwind stimulus measures.Marius Kloppers , chief executive, said many economies, notably the US, were still dependant on government stimulus.He said such measures had helped drive recovery but had not addressed structural issues such as weak labour markets and excess production capacity in developed economies."A further variable will be the impact of any measures to control loan growth in China ," he said.He added that in the short term Beijing was focused on containment of asset inflation."We remain cautious about the speed and strength of the global economic recovery across the developed world."But longer term prospects were "robust" on the back of growth in China and India, Mr Kloppers said.

Anglo-Swiss miner Xstrata PLC (XTA.LN) Thursday said demand for copper remains weak in Western nations and any material recovery appears to have slipped to next year.

Anglo-Swiss miner Xstrata PLC (XTA.LN) said Thursday it is reviewing its copper smelting operations as industry capacity outstrips supplies of the copper concentrates that feed it.

(AP) — LONDON - Anglo-Australian mining company Rio Tinto PLC said Thursday that demand for iron ore, copper and gold rose strongly in the fourth quarter, but was cautious about the current year as governments wind down economic stimulus programs.

He said the potential wrongdoing needed to be put in context and that was why the Anglo-Australian miner had made the decision to announce the SEC probe at the end of its quarterly exploration report.

Rio Tinto and Chinalco, China's largest alumina producer, agreed Wednesday on a tie-up to explore copper resources in mineral-hungry China, the Anglo-Australian mining giant said.