TOP STORIES:

ICSG: 2012 Refined Copper Market Seen In 237,000-ton Deficit

LONDON -(Dow Jones)- The world refined copper market should record a deficit of 237,000 metric tons this year, before swinging to a 360,000-ton surplus in 2013 amid increased output from new and existing mines, the International Copper Study Group said Monday.

Chile March Copper Output Falls 2.6% On Year To 423,064 Tons

SANTIAGO (Dow Jones)--Copper output in Chile, the world's largest copper producer, fell 2.6% on the year in March to 423,064 metric tons, the government statistics agency said Monday.

STORIES OF INTEREST:

Chinese Co To Invest $100 Million In Uganda's Kilembe Copper Mines

KAMPALA Uganda (Dow Jones)--China's Gingko Investment Ltd. is planning to invest at least $100 million to revive copper mining operations at Uganda's defunct Kilembe Copper Mines, the Ugandan presidential office said over the weekend.

Mexico's February Mining Production Up 13% On Year

MEXICO CITY (Dow Jones)--Mexican mining production rose 13% in February from a year earlier, led by increases in copper, silver and gold output, the National Statistics Institute, or Inegi, said Monday.

Peru's Buenaventura 1Q Net Income $207.5M Vs $224.8M

LIMA (Dow Jones)--Peruvian mining company Compania de Minas Buenaventura SAA (BVN, BUENAVC1.VL) said Friday first-quarter net income totaled $207.5 million, or 82 cents a share, down from $224.8 million, or 88 cents a share, in the same quarter a year earlier.

German Union Starts Strikes In Metalworking Sector

BERLIN (AFP)--Germany's powerful IG Metall labor union began industrial action Sunday ahead of planned countrywide strikes in the pivotal engineering and metalworking sectors in an mounting dispute over pay.

MARKETS:

LME Metals Mixed; European Concerns Weigh

LONDON (Dow Jones)--Base metals are mixed on the London Metal Exchange Monday, undoing early gains as equities and the euro lose ground amid renewed concerns over the economic situation in Spain.

-By Rui Videira, Dow Jones Newswires; +44-20-7842-9221; rui.videira@dowjones.com