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Hecla Mining sales fall 16 pct on lower silver prices
ReutersMay 10 (Reuters) - Hecla Mining Co, the No. 2 U.S. silver miner by output, reported a 16 percent drop in first-quarter sales as prices of the precious metal fell. Net profit fell to $11 million, or 4 cents per share, in the first quarter, from $12.4...Tags: Metal and Mineral, Hecla Mining Company
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Caterpillar, union suspend talks in Milwaukee
ReutersContract talks between the United Steelworkers union and Caterpillar at the company's Milwaukee mining equipment plant broke off Thursday night after just one day, with more meetings between the two sides scheduled. While apparently far apart, neither...Tags: Metal and Mineral, Wage Contract Issues, Employees, Career and Workplace, Collective Contract
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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: Non Ferrous Metal, Labor Legislation, Water Supply, Metal and Mineral, Career and Workplace
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Colombia demands ELN release hostages before any peace talks
Reuters* ELN has expressed interest in peace talks * Rebels hold Canadian geologist hostage By Helen Murphy BOGOTA, May 9 (Reuters) - Colombia will not enter peace talks with the country's second-biggest guerrilla group, the ELN, until it releases captives...Tags: Gold and Precious Material, Cuba, Unrest, Conflicts and War, Metal and Mineral, Bogota (Colombia)
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CANADA RESEARCH ROUNDUP: Tim Hortons, Enbridge, Sun Life Financial
ReutersMay 9 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Iamgold and Quebecor, on Thursday. HIGHLIGHTS * Tim Hortons : Desjardins, BMO downgrade the stock * Enbridge Inc : Canaccord Genuity,...Tags: Linamar Corporation, Ratings, Quebecor Inc., Marketing, Global Hunter Corporation
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METALS-Copper slips on stronger dollar, but still up on week
ReutersSINGAPORE, May 10 (Reuters) - London copper futures fell for a second straight session on Friday as a firmer U.S. dollar hurt commodities, taking the metal further away from near one-month highs touched earlier in the week. But copper is still looking...Tags: Shanghai (China), Metal and Mineral, Ben Bernanke, Federal Reserve, Foreign Exchange Market
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Talks suspended between Caterpillar, Milwaukee workers' union
ReutersMay 9 (Reuters) - Caterpillar Inc said Thursday that a bid by the United Steelworkers Union to re-open contract talks on behalf of workers in Milwaukee who make mining machinery had not resulted in a breakthrough and that no new meetings between the two...Tags: Metal and Mineral, Wage Contract Issues, Employees, Career and Workplace, Collective Contract
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India federal govt to decide on giving iron ore license to POSCO -court
ReutersNEW DELHI, May 10 (Reuters) - India's federal government will decide if South Korean steelmaker POSCO can have preferential access to an iron ore mine for its planned $12 billion steel plant, a top court said, providing a boost to the troubled project...Tags: India, Warren Buffett, Metal and Mineral
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Peru tries to close legal loophole for pollution fines
ReutersLIMA, May 8 (Reuters) - Peru is trying to quash the ability of companies to avoid paying environmental fines by lodging judicial appeals that linger for years, part of a push to crack down on polluters in a top exporter of minerals. Many of the appeals...Tags: Punishment, Petroleum Industry, Metal and Mineral, Peru, Environmental Pollution
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Kemira sees oil, gas regulations boosting water treatment market
Reuters* CEO says clean-water regulations could fuel demand growth * U.S. energy industry could have stricter rules in 2-3 yrs * CEO says does not rule out sale of ChemSolutions unit By Ludwig Burger and Frank Siebelt FRANKFURT, May 2 (Reuters) - Finnish...Tags: Petroleum Industry, Water Supply, Energy Resources, Metal and Mineral, Chemical Industry
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CANADA RESEARCH ROUNDUP: Fortis, Paramount Resources, WestJet Airlines
ReutersMay 8 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Fortis Inc and WestJet Airlines, on Wednesday. HIGHLIGHTS * Fortis Inc : National Bank Financial cuts to underperform from sector...Tags: TVA Group Incorporated, Ratings, First Quantum Minerals Limited, Torstar Corporation, North American Palladium Limited
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Plans shelved for coal export terminal in Oregon
SEATTLE — The battle over plans for a series of massive coal export terminals across the Pacific Northwest took a new turn Wednesday when the energy company Kinder Morgan announced it was dropping its plan to build a $200-million facility on the...
Tags: Asthma, Metal and Mineral, Lobbying, Kinder Morgan Incorporated, Environmental Pollution
May 10, 2013
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