Russians respond with calm to Australian uranium threat

BHPB’s Russian relationship hostage to Canberra uranium threat as Australian govt invokes Caucasus war to stir uranium sale opposition.
Russians respond with calm to Australian uranium threat![]() BHPB’s Russian relationship hostage to Canberra uranium threat as Australian govt invokes Caucasus war to stir uranium sale opposition. Severstal eyes U.S. steel marketBy Robin Paxton MOSCOW (Reuters) - Severstal (CHMFq.L: Quote, Profile, Research, Stock Buzz) will spend up to $1.4 billion in the next four years to make its U.S. steel mills more competitive as Russia’s largest steel maker bets on a robust North Severstal eyes U.S. steel market for growthBy Robin Paxton MOSCOW (Reuters) - Severstal (CHMFq.L: Quote, Profile, Research, Stock Buzz) will spend up to $1.4 billion in the next four years to make its U.S. steel mills more competitive as Russia’s largest steel maker bets on a robust North UPDATE 1-Mvela Resources says no talks with Aquarius, Lonmin![]() LONDON, Sept 8 (Reuters) - South Africa’s Mvelaphanda Resources denied on Monday it was in talks with Aquarius Platinum about a possible merger with the world’s No.3 platinum producer Lonmin. ‘At the moment we haven’t had discussions with Aquarius about Politically sterilised world class uranium projects may now be in playThe projected long wait for uranium projects in Western Australia – imprisoned by a ban on uranium mining by Premier Alan Carpenter – may now be shortened dramatically as a result of a tight State election that may produce a minority government either Australian Labor Party or Liberal Party. Mvela denies platinum consolidation talks with Aquarius over Lonmin![]() Mvelaphanda Resources has denied discussing a possible three-way merger with Aquarius Platinum and Lonmin. Gold demand strong for another seven weeks - or not?A combination of low prices, weddings, Eid and Diwali are likely to give the physical market substantial support throughout much of September - the question is whether purchasers are buying more, or earlier, or both? Standard Chartered lowers gold price forecast for 4Q, anticipates higher trend in medium term![]() A stronger USD has proved problematic for gold, while most base metals markets are either volatile or suffering. Interestingly, Standard Chartered Bank forecasts that tin will be the best performing base metal. Good start to the week for gold, but uncertainty reignsGold started the week well on Eastern markets, but analysts are not confident that trend will continue. Grim Reaper will make fast work of uranium promoters, leaving clearer playing field for miners![]() The emerging new uranium landscape will be tough going for the surviving juniors, but analyst Christopher Ecclestone divines that “the cashed up or those with production shall quite literally ‘inherit the earth.’” BHP Billiton says confident in medium term outlookLONDON (MarketWatch) — BHP Billiton (BHP:BHPNews, chart, profile, moreLast: Delayed quote dataAnalyst Create alertInsiderDiscussFinancials Sponsored by:, , ) (UK:BLT:UK:BLTNews, chart, profile, moreLast: Delayed quote dataAnalyst Create Daily News 2008-09-08 06:07:23![]() ![]() BHP Billiton has not yet set a restart date for operations at its largest iron ore mine following two accident fatalities in a ten day period. Has gold bottomed even though $100 oil may be in sight?There is a glimmer of light for gold bulls as there are indications that the metal price may have bottomed even though oil is continuing its downward path. Shanghai copper down 2 pct, LME bouncesChina - * Shanghai copper falls 2 pct after LME tumbles 4.5 pct * Copper stocks up 10 pct in London, 8.4 pct in Shanghai, weigh * Bail-out of Freddie and Fannie sinks dollar, boosts commods (Updates prices, adds quotes, details) SINGAPORE, Sept 8 BHP opens Pilbara mines, except YandiBHP Billiton has restarted its iron ore operations in the Pilbara, which were shut down after two workers died in less than two weeks. The mining major (ASX: BHP) halted operations at all its mines across the region in Western Australia late Thursday We’re both right: BHP, Rio to puntersBHP Billiton and Rio Tinto both delivered letters to shareholders today, with BHP’s hostile bid for its rival the focus of the updates. Update: BHP chairman Don Argus told shareholders today a takeover of its rival Rio Tinto will benefit shareholders of Application: BHP plans $3.5bn desal plant in Chile08:15am BHP filed a request to build the plant and two 180km pipelines to carry water from the Pacific Ocean to the mine in Chile’s Atacama Desert, said Santiago-based BHP spokesman Mauro Valdes. A secretary at the Regional Environmental Commission in BHP wants to build water plant in Chile![]() BHP Billiton is seeking approval to build a $US3.5 billion ($A4.32 billion) water desalination plant to service its Escondida copper mine in northern Chile, one of the world’s top sources of the metal, a company spokesman says. BHP, the world’s largest Tin smelters urge govt to set up Jakarta Tin MarketExtract not available. Booysendal - platinum belle of the ballThe outcome of the platinum party currently underway will determine the path of the sector for the next 50 years. |
|