The rise outpaces 0.3% gains in gold and copper, and platinum was higher earlier in the day even when gold and copper were in negative territory.
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It is the largest producer of copper, gold and molybdenum in the world, satisfying 9% of the global demand for copper.
Soros also cut stakes in miners such as Nova Gold and Kinross Gold while opening a small position in Freeport McMoran, which has exposure to both copper and gold. (Note: All valuations used here represent May 17 closing prices unless noted).
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Though copper and gold prices stagnated for a brief period during April-May, we expect that the Chinese demand for copper will increase by the year end pushing up the average realized prices for the metals.
Freeport's Grasberg mine has one of the biggest copper and gold reserves in the world.
Mining for iron, copper, gold and coal is the keystone of the Western Australia economy.
While rich in commodities like copper, gold, and silver, Chile lacks both water and energy.
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Freeport will keep investing in brownfield copper and gold assets to lower its cost base.
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As he talks, the afternoon sun casts long shadows over Langdale, burnishing the fields and fellsides a deep copper-gold.
Wars in Europe had boosted demand for Congo's copper, gold, tin, rubber and cotton.
Rio got not a penny of participation in the copper and gold activities already developed by FCX.
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Initial drills by Serengeti have shown extensive copper-gold anomalies over a widespread area.
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The high prices fetched for copper, gold and rare-earth minerals are leading to a surge in interest in mining the ocean floor.
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The 20m (66 ft) cross is made of carbon and resin and will be finished in copper, gold and silver.
But the real attraction is Friedland himself and his tales of copper and gold deposits buried under the Gobi Desert.
Freeport McMoran Copper and Gold has seen a seen notable volatility in its gold sales over the past few years.
His publicly-traded company, African Rainbow Minerals (ARM) has interests in platinum, nickel, chrome, iron, manganese, coal, copper and gold.
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Currently, mining -- particularly diamonds, copper, gold, zinc, lead, uranium -- constitutes more than 12% of Namibia's GDP, according to government figures.
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Freeport McMoran Copper and Gold ( FCX - news - people ) are run out of the same offices.
The answer hinges on the future prices of copper, gold and molybdenum.
Uganda has substantial natural resources, including fertile soils, regular rainfall, small deposits of copper, gold, and other minerals, and recently discovered oil.
What Sanj and his colleagues had discovered is reckoned to be the greatest unexploited reserve of copper, gold and silver on the planet.
Its portfolio of assets includes the fabled Grasberg mineral district in Indonesia which has the single largest recoverable deposits of copper and gold.
Family members have mounted a constant vigil in a tent city -- dubbed Camp Hope -- outside the copper and gold mine in the Chilean desert.
The prices of metals like copper, gold and silver have rebounded this week after slumping for the first three months of the year on waning demand.
The Company has interests in mining for aluminum, borax, coal, copper, gold, iron ore, lead, silver, tin, uranium, zinc, titanium, dioxide feedstock, diamonds, talc and zircon.
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He had experience representing Western mining interests in Mongolia, whose vast, untapped reserves of copper, gold, and coal are at the center of an international scramble.
Patrice Motsepe is the Chairman of African Rainbow Minerals (ARM), a publicly-traded mining conglomerate which has interests in platinum, nickel, chrome, iron, manganese, coal, copper and gold.
But the surging prices of copper and gold allowed Freeport to retire a large amount of that debt in just its first year as a combined company.
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