Industry Summits
Mining labor shortage spurs jobs sell
NEW YORK (Reuters) - Mining is a back-breaking, dirty and dangerous job, but a labor shortage is forcing mining companies to find creative ways to attract workers. Full Article
Private equity takes shine to metals, mining
LONDON (Reuters) - Buyout firms are circling takeover target Alcan Inc. , signaling private equity interest in metals and mining, an area they previously shunned because of cyclicality and commodity price volatility. Full Article
Freeport CEO: Congo deadline "a challenge"
NEW YORK (Reuters) - It will be "challenging" for Freeport-McMoRan Copper & Gold to meet its target date to start mining in Democratic Congo by next year, its chief executive said on Wednesday. Full Article
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Lundin sees metals staying strong, nickel to star
NEW YORK (Reuters) - Lundin Mining Corp. takes a bullish view of base metals prices and sees nickel as the star performer amid delays in new supply and rising global demand, its vice chairman said on Wednesday. Full Article
Denison sees $150 uranium, pricey takeovers
NEW YORK (Reuters) - The price of uranium could reach $150 this year or next, but should ease over the longer term, the chief executive of Denison Mines Corp. said on Wednesday. Full Article
Cameco sees uranium supply crunch continuing
NEW YORK (Reuters) - Uranium demand will likely outstrip supply for the next five to 10 years, but the supply crunch does not necessarily signal higher long-term uranium prices, the chief executive of Cameco Corp. said on Wednesday. Full Article
Freight costs to support steel prices
LONDON (Reuters) - As if booming demand from China and a rapidly consolidating production base were not enough, now the cost of shipping looks set to keep steel prices high. Full Article
Freeport-McMoRan speeds up debt payoff
NEW YORK (Reuters) - Freeport-McMoRan Copper & Gold Inc. Chief Executive Richard Adkerson said on Wednesday higher commodity prices would enable the company to pay down debt related to its acquisition of Phelps Dodge Corp. sooner than expected. Full Article
AngloGold capex at record, eyes Russia
JOHANNESBURG (Reuters) - South Africa's AngloGold Ashanti will spend around a record $1 billion a year on capital expenditure in the near term as it builds new mines and deepens others, its chief executive said. Full Article
AngloGold to boost uranium output
JOHANNESBURG (Reuters) - South Africa's AngloGold Ashanti plans to boost its uranium capacity by about a quarter to 1.9 million lbs a year by 2009 and is seeking further opportunities in the sector, its chief executive said on Wednesday. Full Article
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