COPPER

Harmony sees no threat from PNG ownership

Gold bullion
The CEO of Harmony Gold, the world's fifth largest gold producer, said reported plans to shift mineral ownership in Papua New Guinea to local communities from the state would complicate negotiations but nationalisation was not being discussed.
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TSX ''stars align'' as resources, banks rise

TSX "stars align" as resources, banks rise

Toronto's main stock index jumped more than 1 percent on Wednesday morning as rising commodity prices and healthy U.S. earnings pushed euro zone fears to the background and boosted risk appetite.
South African rands

SAfrica's rand falls 2 pct, stocks snap 4 days of gains

South Africa's rand fell as much as 1.9 percent against the dollar on Tuesday, weighed down by a weak growth outlook for the country's main trading partner bloc and showing the worst performance among its emerging market peers.
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G-Resources Delaying Indonesian Venture

G-Resources Group Ltd , backed by Mount Kellett Capital and BlackRock Inc , is delaying production of its $1 billion gold mine in Indonesia to the end of the first quarter next year due to adverse weather conditions and harder ground conditions than previously expected.
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Beware Junior Gold Miners - Analyst

With recession fears weighing on equity markets, resource investors would do well to steer clear of speculative Canadian mining plays and put their cash into producing miners with strong balance sheets.
Copper

Anvil completes work on new copper plant in Congo

Anvil Mining Ltd said it has completed construction of a new plant at its Kinsevere copper mine in the Democratic Republic of Congo and commercial production from the facility is set to begin in the current quarter.
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US stock futures rise helps pare Asia losses but Europe is key

U.S. stock futures rose 1 percent on Thursday after a sharp drop on Wall Street overnight, limiting losses in Asian share markets, though the focus was shifting to how Europe reacts to a sovereign debt crisis that is now threatening its banking system.
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Gold set to widen premium over platinum

Gold is set to widen its premium over platinum after hitting parity for the first time in 2-1/2 years this week, with no end yet in sight to the potent cocktail of fear factors that are benefiting safe havens at the expense of cyclical assets.
Canada's banks may still be best TSX bet for 2012

TSX dives to near year low on oil, S&P downgrade

Toronto's main stock market index sank more than 3 percent to its lowest point in nearly a year on Monday as a downgrade of the U.S. credit rating shook investor confidence globally and drove commodity prices sharply lower.
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US STOCKS-Index futures tumble after S&P downgrade

U.S. stock index futures tracked a sharp drop in global equity markets on Monday after rating agency Standard & Poor's cut the top-tier AAA credit rating of the United States, rattling already-jittery investors.

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