Copper
$300K in damage: Calgary men charged after copper wire thefts from oilwell sites
The Calgary Police Service says it worked with RCMP to track, locate and arrest two suspects.
Worker struck by flying metal, Montreal company fined $60,000
Spin area on a lathe wasn’t guarded or shielded to provide protection from swarf.
Kobe Steel chief steps down over massive fake data scandal
Systematic misconduct spanned years, affecting products sent to more than 680 companies.
Thieves target crack pipes, copper wire as oilpatch crimes spike
RCMP reports 854 crimes in 10 months, exceeding 2015 total: increase blamed on Alberta’s economic slowdown.
Commodity prices end 2013 weak, but US growth is promising
Scotiabank Commodity Price Index points to a bottoming in early 2014.
BioteQ places its Bisbee plant on furlough indefinitely
Joint venture with miner was not generating positive cash flow as volumes declined.
Rio Tinto Alcan closing Shawinigan smelter a year early
Closure will affect most of the smelter’s 425 workers.
Critics warn of secret deals for mining firms if Muskrat Falls approved
Residential ratepayers could front the bill for industrial expansion.
Chinese city cancels copper plant over health risks
Protests turn bloody, sending 30 people to hospital.
SNC-Lavalin green-lighted for work on $6.2B copper mine
Mining giant has a 70% stake in the project, expected to be operational by 2016.
Copper prices on the rise as supplies tighten
TORONTO: Tightness on the supply side is improving profit margins for copper on the world market after prices dipped in the spring. LME copper prices were resilient in July, according to Scotiabank’s Commodity Price Index. They rallied from US$2.95 per…
