News

Last year Carphone Warehouse hung up on its partnership with US retailer Best Buy, but today it picked up new partner Samsung and approving investors piled in.

Market Report: Miners prove to be a copper-bottomed play

For the second day in row, it was the miners who set the pace on the FTSE 100 leaderboard yesterday, with copper producers in particular vogue with traders.

Market Report: Anglo lose ground as broker moots break-up

Anglo American was in focus as a leading broker mooted the prospect of a break-up of the mining giant's international and South African businesses last night.

Discovery Metals looks to raise $150m to develop Botswana copper mine

Discovery Metals, the AIM-listed miner that has investment sage George Soros as a shareholder, is looking to raise $150m in loans and new shares later this year.

Patrick Cockburn: Their mineral wealth is impressive, but it won't benefit Afghans any time soon

A smudge of blue paint decorating a letter in the Book of Kells may have come originally from the lapis lazuli mines in the heart of the Afghan mountains. The country's mineral wealth has been known about for a long time – bright blue scarabs and funeral ornaments made of Afghan lapis have been found in ancient Egyptian tombs – but its full exploitation has been prevented by chronic insecurity.

Xstrata cuts projects over 'Henry' tax

Xstrata has shelved A$586m (£336m) of investment in two mines in Queensland, blaming Australia's controversial "Henry" supertax on mining profits.

Million-tonne target for tin mine in Cornwall

South Crofty mine in Cornwall could be producing 1 million tonnes of copper, zinc and tin within three years of starting production, its owner, Western United Mines, said yesterday.

Xstrata scraps A$30m Australia expansion plan as new tax looms

The growing row over Australia's proposed 40 per cent tax on mining profits intensified yesterday when Xstrata said it was halting copper exploration in the country.

Tax worries overshadow Xstrata's increased output

Xstrata reported strong first-quarter production figures yesterday, saying it was confident about demand for metals as the recovery in the global economy gathers pace.

Copper thieves cause power grid havoc

Copper thieves who stole a safety device worth £20 from an electricity substation caused a huge power surge that damaged appliances and started small fires in hundreds of homes in Greater Manchester yesterday.

Investment Column: Carphone is not as pricey as it looks

Carphone Warehouse

Investment Column: There's more to come from surging Anglo

IMI; Bluebay Asset Management

Market Report: Miners wobble as traders bank profits

Traders turned the screws on the mining sector last night, with Kazakhmys falling back following a warning on the copper price.

5,000 flood Mongolia's capital, demand new governemt

More than 5,000 protesters surged through the center of Mongolia's capital to demand that parliament be dissolved and promised aid be handed out.

Simon Calder: The 9.5g of copper, zinc and nickel in your pocket

Seven francs; 2,000 lire; two German marks: for anyone who travelled to Europe before the euro devoured the French, Italian and German currencies in 2002, that was as pitiful as the pound ever got.

Market Report: Valuation worries weigh on Kazakhmys

The mining sector pressured the FTSE 100 last night, with Kazakhmys heading south as traders scrambled to bank profits. The stock lost its sheen, easing by more than 3 per cent or 49p to 1496p, as buyers backed off on news of a larger than expected rise in Chinese consumer prices, with the data sparking concern about further monetary tightening by the country's central banking authorities.

Latest stories from i100
Career Services

Day In a Page

A
Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
Greece says 'No': A night of huge celebrations in Athens as voters decisively back Tsipras and his anti-austerity stance in historic referendum

Greece referendum

Greeks say 'No' to austerity and plunge Europe into crisis
Ten years after the 7/7 terror attacks, is Britain an altered state?

7/7 bombings anniversary

Ten years after the terror attacks, is Britain an altered state?
Beautiful evening dresses are some of the loveliest Donatella has created

Versace haute couture review

Beautiful evening dresses are some of the loveliest Donatella has ever created
No hope and no jobs, so Gaza's young risk their lives, climb the fence and run for it

No hope and no jobs in Gaza

So the young risk their lives and run for it
Fashion apps: Retailers roll together shopping and social networking for mobile customers

Fashion apps

Retailers roll together shopping and social networking for mobile customers
The Greek referendum exposes a gaping hole at the heart of the European Union – its distinct lack of any genuine popular legitimacy

Gaping hole at the heart of the European Union

Treatment of Greece has shown up a lack of genuine legitimacy
Number of young homeless in Britain 'more than three times the official figures'

'Everything changed when I went to the hostel'

Number of young homeless people in Britain is 'more than three times the official figures'
Compton Cricket Club

Compton Cricket Club

Portraits of LA cricketers from notorious suburb to be displayed in London
London now the global money-laundering centre for the drug trade, says crime expert

Wlecome to London, drug money-laundering centre for the world

'Mexico is its heart and London is its head'
The Buddhist temple minutes from Centre Court that helps a winner keep on winning

The Buddhist temple minutes from Centre Court

It helps a winner keep on winning
Is this the future of flying: battery-powered planes made of plastic, and without flight decks?

Is this the future of flying?

Battery-powered planes made of plastic, and without flight decks
Isis are barbarians – but the Caliphate is a dream at the heart of all Muslim traditions

Isis are barbarians

but the Caliphate is an ancient Muslim ideal
The Brink's-Mat curse strikes again: three tons of stolen gold that brought only grief

Curse of Brink's Mat strikes again

Death of John 'Goldfinger' Palmer the latest killing related to 1983 heist
Greece debt crisis: 'The ministers talk to us about miracles' – why Greeks are cynical ahead of the bailout referendum

'The ministers talk to us about miracles'

Why Greeks are cynical ahead of the bailout referendum
Call of the wild: How science is learning to decode the way animals communicate

Call of the wild

How science is learning to decode the way animals communicate