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Piotr Ortonowski

China - Minmetals says copper consumption will grow 5.2% this year - 0 views

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    According to China Minmetals, China's refined copper consumption will grow 5.2% in 2012. This compares to an average growth rate of approximately 15% between 2005 and 2010. The company maintains that the growth in consumption will be proportionately higher than growth in domestic copper output however.
Colin Bennett

Chilean copper mining giant seeks joint venture with Chinese company - People's Daily O... - 0 views

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    The Chilean state-owned copper firm Nacional del Cobre (Codelco) is seeking a joint venture with Chinese company MinMetals to explore minerals in African and Asian countries.
Colin Bennett

BHP, Minmetals, First Quantum to up Zambian copper exploration - 0 views

  • “We are currently actively seeking more titles in the country,” Ian Maxwell, president of BHP Billiton minerals exploration, said today at Zambia’s first mining conference, in Lusaka. “We intend to build our position in this country.”
Piotr Ortonowski

China - Improved copper demand outlook on hopes of further economic stimuli - 0 views

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    Sentiment improved in China on news that China's Q2 GDP growth was the slowest in three years, as investors stirred up expectations of an imminent announcement of an economic stimulus package. However, many market insider remain sceptical, stating that the government is doing too little, too late.
Colin Bennett

Barrick Gold takes 'rare' opportunity with $7.3B bid for Equinox Minerals - 0 views

  • Barrick said Monday it wants to take advantage of a “rarely” available opportunity to buy a well-established, large copper miner by acquiring Equinox and beating a rival hostile bid for the company.<Chinese-owned Minmetals Resources submitted in its own hostile bid valued at $6.3 billion earlier this month, but withdrew its bid early Tuesday.
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