News

Hurricane Ivan, a category-5 storm, has struck with a vengeance, causing devastation in Grenada and extensive damage in other areas of the Caribbean.

The Peruvian government says it won’t give into local protesters and revoke a permit allowing Minera Yanacocha, controlled by Newmont Mining (NEM-N) and Peru’s Minas Buenaventura (BVN-N), to explore for gold a…

Montreal-based Alcan (AL-T) will invest A$1.3 billion in the expansion of its Gove alumina refinery in Australia’s Northern Territory.

Another surge in nickel prices above US$15,000 per tonne in early July was too significant to escape action. Consumers withdrew their buying interest and excess material was delivered into LME warehouses against an attractive backwardation, while…

Alcoa (AA-N) shares fell 7.5% to US$30.75 on Sept. 10 after the company warned that third-quarter earnings from continuing operations would likely shrink to US30-35 per share from a previously expected US52 per share.