Century Aluminum Co (CENX): * Century Aluminum Co (CENX) - UNIT ISSUES WARN NOTICE AT MT. HOLLY, SC SMELTER. * CENTURY ALUMINUM (CENX) -NOTICE TO CURTAIL PLANT OPERATIONS IF SMELTER IS UNABLE TO SECURE COMPETITIVELY PRICED POWER ARRANGEMENT TO DELIVER ENERGY TO PLANT Source text for Eikon: Further company coverage:
REUTERS GLOBAL MARKETS FORUM
Daniel Ghali, VP of Commodities Strategy at TD Securities, joins the forum
to discuss his precious metals outlook amidst the broad US election market
volatility, ...
* UACJ WILL BOOST OUTPUT CAPACITY OF ALUMINUM SHEETS AT THAILAND PLANT TO AN ANNUAL 320,00 TONS BY 2021 - NIKKEI. * UACJ WILL ALSO BOOST OUTPUT IN JAPAN, U.S., IN A BID TO LIFT GLOBAL CAPACITY BY 40% FROM 2019 LEVELS TO 1.5 MLN TONS AS EARLY AS 2022 - NIKKEI Source text: https://s.nikkei.com/2T9mxfS Further company coverage:
Barrick Gold Corp (GOLD): * PUEBLO VIEJO MINE, OPERATED BY BARRICK GOLD CORPORATION, PAID $108 MILLION IN TAXES AND ROYALTIES THIS MONTH TO DOMINICAN GOVERNMENT. * THIS IS FOURTH TAX PAYMENT MINE HAS MADE SO FAR THIS YEAR; BRINGS ITS CONTRIBUTION TO DOMINICAN GOVERNMENT FOR 2020 TO $385 MILLION. * PUEBLO VIEJO HAS ALSO AGREED TO ADVANCE ROYALTY PAYMENT FOR YEARS 2022 AND 2023, ESTIMATED AT $95 MILLION.
Canadian gold miner Kinross Gold Corp (KGC) is considering moving its primary stock listing to London and selling its North and South American gold mines, The Globe and Mail reported on Friday, citing three sources familiar with the discussions. The miner is also considering doubling down on its portfolio of assets in Russia and West Africa, the report said https://tgam.ca/2SYrmsp.
Brazilian mining company Vale SA is on track to reach its goal of producing 400 million tonnes of iron ore by the end of 2022 or early 2023, Chief Executive Eduardo Bartolomeo said during the FT Commodities Mining Summit on Friday. The company is already producing 1 million tonnes of iron ore daily, he said.
Brazilian steelmaker Companhia
Siderurgica Nacional (SID) will raise steel prices by 10%, starting in November, as the company sees strong demand for its products in Brazil, an executive said in a conference call on Friday. Director Luiz Fernando Martinez said CSN is also in talks with carmakers to raise steel prices by at least 30%.
* PNG agrees 'in principle' for Barrick to stay on at Porgera. * Refusal to extend lease led to six months of legal wrangling. * PNG to take 'major share of equity' under new arrangements. By Tom Westbrook.
The coronavirus-related decline in global steel demand this year will be less than expected at 2.4% after a buoyant recovery in China, the World Steel Association said on Thursday. The industry group made a downward revision to its June forecast of a 6.4% decline this year after heavy stimulus spending in China lifted steel consumption for construction and infrastructure.
* PNG agrees 'in principle' for Barrick to stay on at Porgera. * Refusal to extend lease led to six months of legal wrangling. * PNG to take 'major share of equity' under new arrangements. By Tom Westbrook.
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