London Metal Exchange

• 

  Vedanta's Profit Declines 12% In June Quarter To Rs 1,351 Crore

  The company has seen a muted year in terms of commodity prices, with the benchmark three-month copper on the London Metal Exchange rising only 0.2 per cent, and zinc falling 1.8 per centthis year.

• 

  Asian Shares Retreat; Greece, China Woes in Focus

  Investors nervously awaited the opening of China's share markets, after they slumped on Tuesday despite a flurry of new market support measures from Beijing.

• Sesa Sterlite Renamed Vedanta Ltd

  Metals and mining conglomerate Sesa Sterlite on Wednesday said it has changed its name to Vedanta Ltd to better align with its international identity - Vedanta Resources.

• 

  Gold Set to Post Second Weekly Gain on Safe-Haven Demand

  Spot gold was little changed at $1,238.58 an ounce by 0031 GMT. The metal is up 1.3 per cent for the week after reaching a one-month high of $1,249.30 on Wednesday.

• 

  China Advances Gold Exchange Launch, Singapore Delays Contract

  Asia, home to the world's top two gold buyers - China and India, has been clamouring to gain pricing power over the metal and challenge the dominance of London and New York in trading.

• Hindustan Zinc Gains on Global Prices

  Shares in Hindustan Zinc Ltd gained more than 2 per cent as zinc prices were near three-year high, traders said.

• European stocks inch up, euro dips on S&P downgrade

  European shares inched up on Friday with riskier assets still in demand following a broadly neutral shift in US monetary policy, and the euro dipped after a credit agency cut its rating on the European Union.

• From iron ore to eggs, Asia builds commodity pricing clout

  Asia has long been the fastest growing demand region for the raw materials to power economic growth, but has mostly priced the purchases against benchmarks like Brent crude, London Metal Exchange copper or New York cotton.

• Hindalco net profit slips to Rs 357 crore in Q2

  Three-month aluminium prices on the London Metal Exchange averaged 5 per cent lower in the July-September quarter from a year earlier, while copper prices averaged about 8 per cent lower.

• Is the 136-year-old London Metal Exchange ready for a woman CEO?

  The next chief of the London Metal Exchange (LME), where only men take part in the shouted, testosterone-fuelled trading of materials like copper, may be a woman who prides herself on speaking softly.

• Sterlite Industries, Hindalco gain on higher copper prices

  Shares in copper refiners gained on expectations of better realisations after the metal rose more than 6 per cent on Friday, its strongest daily gain in 18 months, as economic stimulus moves by the RBI raised investor confidence over growth of industrial metals demand.

• Sterlite declares force majeure at Tuticorin copper plant

  Sterlite Industries Ltd has halted deliveries of copper from India's largest smelter after it shut down last week due to complaints over emissions, a move that could tighten local supplies and force imports.

• Hindustan Zinc Q3 net up 27 per cent at Rs 1,612 crore

  Vedanta group firm Hindustan Zinc (HZL) today reported nearly 27 per cent jump in its net profit at Rs 1,612.54 crore during the quarter ended December 31, 2012, helped by higher revenues from silver business, increase in other income and decline in tax outgo.

• Nalco raises aluminium prices

  The state-run National Aluminium Co Ltd (NALCO) has raised aluminium prices by Rs 4,500 per tonne for all products in the domestic market, effective December 1, company sources said on Sunday.

• European shares turn lower as German factory activity slows

  Germany's manufacturing sector contracted at its fastest pace in three years in July.