TOP STORIES: Australia Government Approves BHP's Expansion Of Olympic Dam
SYDNEY -(Dow Jones)- Australia's government Monday gave the green light for a massive expansion of the BHP Billiton Ltd. (BHP.AU) operated Olympic Dam mine in South Australia state but applied more than 100 stringent conditions, from protecting the region's fish to maintaining the landscape.
Talks To End Labor Row At Zambia's Chambishi Mine Deadlocked-Union
Talks to resolve a dispute between management and miners at Chinese-owned Chambishi Copper Mine broke down Sunday after the two sides failed to agree on a new wage structure being demanded by the workers, a union official said Monday.
UPDATE: Base-Metal Investors Worry Over Chinese Demand
LONDON (Dow Jones)--The focus of base-metal investors is back on China, the world's top metals consumer, as industry participants worry over the outlook for demand there ahead of key trade data expected later in the week.
STORIES OF INTEREST: Peru's Antamina CEO: Mine Expansion To Up 2012 Output-Report
LIMA (Dow Jones)--Peruvian base-metals miner Compania Minera Antamina SA expects to increase production next year following the completion of a large-scale expansion at its mine, company Chief Executive Abraham Chahuan told business newspaper Gestion.
Russia Jan-August Copper, Nickel Exports Down On Year
MOSCOW (Dow Jones)--Russia exported in 83,200 metric tons of copper in the first eight months of the year, 73.5% less than in the corresponding period last year, the federal customs service said Monday.
Exxaro To Stop Production At Zincor At End Of Year
JOHANNESBURG -(Dow Jones)- South African mining company Exxaro Resources Ltd. (EXX.JO, EXXAY) said Monday that it will begin to shut its Zincor refinery in the country in a move to leave the zinc business.
Zambia Chambishi Copper Miners End Strike After Winning 100% Pay Rise
Miners at Chinese-owned Chambishi Copper Mine ended a six-day strike Monday after management offered them a 100% pay rise, union officials said.
MARKETS: BASE METALS: Comex Copper Rises On Euro-Zone Optimism
NEW YORK (Dow Jones)--Copper's rebound extended to a fourth session Monday, as optimism about Europe's debt crisis spurred a charge into risky assets.
BASE METALS: LME Metals Close Higher As Euro, Equities Rally
LONDON (Dow Jones)--Base metals closed firmly higher on the London Metal Exchange Monday as they and the euro, together with world equity markets, took a strong boost from the latest round of talks aimed at resolving the European debt crisis.
BASE METALS: Shanghai Metals Catch Up LME; Econ Data In Focus
SHANGHAI (Dow Jones)--Base metals on the Shanghai Futures Exchange rose Monday after a week-long holiday, catching up with gains on the London Metal Exchange last week.
matt.day@dowjones.com
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