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BASE METALS HIGHLIGHTS: Top Stories Of The Day

Published Wednesday, 23rd January 2013 10:31 pm - © 2013 Dow Jones


TOP STORIES:

China 2012 Copper Output 6.06 Mln Tons, Up 10.8%

China's copper output rose 10.8% last year from a year earlier to 6.06 million metric tons, the National Bureau of Statistics said Wednesday.

DAVOS:Russia's Usmanov May Sell Norilsk Stake For Good Offer -Report

Russian billionaire Alisher Usmanov said Wednesday he is buying additional shares in Norilsk Nickel(GMKN.RS), the world's largest producer of nickel and palladium, but is willing to sell it if he receives a good offer, Interfax reports.

STORIES OF INTEREST:

Centurion Resources: Positive Update from Mitterberg Copper Project

Centurion Resources PLC (CEN.LN), a natural resource company focused primarily on the exploration and development of copper assets in Austria, Tuesday announces significant copper results from a preliminary mapping and sampling program at its wholly owned 33 sq km Mitterberg Copper Exploration Licenses in Salzburg, Austria.

Bezant Resources Still Awaiting Eureka Copper-Gold Project EIA Approval

Bezant Resources PLC (BZT.LN), a gold and copper exploration and development company operating in the Philippines and Argentina, said Wednesday it is still awaiting final approvals from the provincial authorities in respect of the Environmental Impact Assessment, or EIA, for its wholly owned Eureka Project, in the province of Jujuy, north-west Argentina.

Kefi Minerals Reports Encouraging Intersections at Jibal Qutman License

Kefi Minerals PLC (KEFI.LN), a gold and copper exploration company with projects in the Kingdom of Saudi Arabia, said the initial drilling program at the Jibal Qutman License returns encouraging intersections, including 4.5 meters at 17g/t Au, 12.75 meters at 3.78g/t Au and 13 meters at 2.35g/t Au.

Australian Mining, Energy Operations Shut Ahead of Cyclone

Mining and energy companies operating in northwestern Australia are shutting down operations Wednesday ahead of a tropical cyclone that is expected to bring heavy rains and gale winds of up to 100 kilometers an hour.

MARKETS:

- Write to Jaya Matta at jaya.matta@dowjones.com

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