April 8 (Reuters) - The global financial crisis and sharp falls in metals
prices have forced several companies to abandon or put on hold their plans to bring new mines onstream.
Some existing producers also have shut down or curtailed output at mines and plants as high costs and low prices bite.
Below are details of major projects and facilities affected in recent months, as well as other related news.
April 7 - Alcoa expects its Q2 alumina output to decline slightly to match smelter demand. Company projects weak global demand and expects another 1.4 million tonnes of primary aluminium output cuts in coming months.
April 7 - Rio Tinto said it will cut bauxite production at its Weipa mine in northeastern Australia by about 23 percent. Also said it would also slow the expansion of the Yarwun alumina refinery in Queensland.
April 7 - Tajikistan cut aluminium output by 16.8 percent year-on-year in Q1 2009, a source at the state-owned TALCO aluminium company said. Tajikistan has said it plans to produce 377,000 tonnes this year, down from 399,450 tonnes in 2008.
April 2 - Alcoa Inc said it would curtail about 120,000 tonnes per year (tpy) of aluminium smelter output at its Massena, New York operations in May, raising total cuts to the firm's production to over 850,000 tonnes, or 20 percent of annualised output.
April 2 - Most of Japan's refined lead and zinc producers plan to reduce output in the first half of the year to end-March 2010.
April 1 - Bosnia's sole alumina plant Birac said its 2009 output would fall almost two thirds to 120,000 tonnes of alumina because of the economic crisis.
April 1 - Montenegro's loss-making KAP aluminium smelter will temporarily suspend 20 percent of its workforce.
April 1 - Jamaica-based West Indies Alumina Co, whose majority shareholder is Russia's United Company RUSAL, has suspended bauxite mining as part of a plan to temporarily shutter the company's operations.
April 1 - United Company RUSAL and Russian hydro-electricity giant RusHydro said they had agreed to postpone launching the Boguchany aluminium smelter project for two years to 2012.
April 1 - Japan's copper smelters plan to keep output either flat or lower in the first half of the business year.
March 31 - Glencore said it has suspended operations at its Iscaycruz lead-zinc mine in Peru.
March 29 - Two Chinese aluminium producers, Shengxin Aluminium and Shanghai Unison Aluminium, have halved their output, executives said.
March 27 - Sweden's Boliden said it was maintaining cutbacks announced in late January. At that time the company said it would reduce output by about 68,000 tonnes on an annualised basis in the first quarter of 2009.
March 26 - Norway's Norsk Hydro said it will cut metal output at its Sunndal smelter in Norway by 100,000 tonnes, bringing total curtailments to half a million tonnes.
March 26 - Metallica Minerals has deferred feasibility work indefinitely on its 8,000 tonnes per year (tpy) Nornico mine project in Queensland, Australia.
March 26 - A $500 million nickel pig iron project planned for Indonesia has been scrapped, said Shanghai Tshingshan Mineral Company Ltd, the majority partner in the venture.
March 26 - Doe Run Peru has halted work at 95 percent of its La Oroya poly-metallic smelter because of financial trouble. On April 2 company said it would restart work as soon as possible afer reaching a new credit deal.
March 25 - Russia's UC RUSAL may widen output cuts to up to 20 percent and is taking steps to cut costs as it faces peak debt repayment of $8 billion this year, the firm and analysts said.
March 25 - UC RUSAL said it will halve aluminium output at its loss-making ZALK unit in Ukraine this year due to high energy costs, as part of plans to slash 11 percent of total annual output. Alumina output will also be cut.
March 25 - Eurasian Natural Resources Corporation said would maintain output cuts since a recovery unlikely until 2010. Company also said it has cut its long-term capex expansion programme to $2.4 billion from $6.9 billion.
March 23 - Yamana Gold's Argentinian unit, which has been working on the Agua Rica copper-gold project, last week said it would temporarily slow work on the project. Mine close to final approval, but company undecided on how will proceed with plans for the property.
March 23 - India's state-run National Aluminium Co plans to lower output if inventory levels keep rising, the Business Standard newspaper reported.
March 20 - U.S. copper miner Asarco LLC shut its rod and cake plants in Amarillo, Texas and is planning periodic slowdowns at the copper refinery beginning March 22.
March 20 - South African ferrochrome producer Hernic said it shut all its four furnaces at the start of this year.
March 20 - Geovic Mining Corp. said it will slash costs, reduce in scale and delay by at least a year its Nkamouna cobalt-nickel-manganese project in Cameroon.
March 19 - European Goldfields said further ramp up of output at its Stratoni lead-zinc mine in Greece would be delayed.
March 19 - Uranium miner Denison Mines will temporarily suspend production at its Sunday and Rim mines in the western United States and will likely shut its White Mesa mill in May.
March 19 - Norsk Hydro affiliate Alumina Partners of Jamaica (Alpart) said it plans to shut its 1.65 million tonnes a year alumina refinery for a year from May 15.
March 18 - Timminco Ltd said it would suspend production of silicon metal from April.
March 12 - Kosovo's sole ferro-nickel producer Ferronikeli has cut its output by half. Producing 330 tonnes per month compared with about 700 tonnes earlier.
March 11 - Russia's Ufaleynickel said it had shut down a furnace and could halt output altogether if demand remained poor. Only two out of plant's five furnaces are working.
March 9 - Kazakh mining group Eurasian Natural Resources Corp Plc (ENRC) will review its production cuts in the second quarter, an official told the Reuters Global Mining and Steel Summit. Late last year it cut ferrochrome output by about 35 percent and iron ore output by 50 percent.
March 6 - Glencore International Ag has notified Zambian authorities it plans to halt operations at the Mufulira copper mine and put its Nkana mine under maintenance, the country's mines minister said.
March 5 - Norwegian aluminium producer Norsk Hydro announced a further cut of 250-300 jobs aimed at saving $99.1-113.3 million. About 40 percent of savings expected to come from external services and consultants.
March 4 - Alcoa Inc said it plans to chop payroll costs by 15 percent at its Canadian aluminium smelting operations.
March 4 - Finnish mining firm Talvivaara said it would defer all capital expenditure not needed to achieve budgeted production until 2010. It produces nickel and zinc.
March 4 - Japan's top copper smelter Pan Pacific Copper Co Ltd said it will continue to cut copper output by 10 percent for the full business year starting in April.
March 3 - Century Aluminum of Kentucky, a subsidiary of Century Aluminum said it curtailed one potline at its Hawesville, Kentucky primary aluminium smelter, effectively cutting about 4,370 tonnes in monthly output.
March 3 - Cuba may soon cut its nickel output, sources close to the industry said. Unrefined nickel and cobalt production at two state-run processing plants are under review due to their inefficiencies.
March 3 - Vale Inco said it will eliminate about 900 full-time jobs, with close to half of the cuts at its Canadian operations. Will be focused on business support rather than key mining and processing areas.
March 3 - Albidon Ltd said it has suspended operations at its Munali nickel project in Zambia. At full capacity the mine, which came on stream last May, was expected to produce 10,000 tonnes per year (tpy) of nickel.
March 2 - Indonesia's PT Aneka Tambang Tbk plans to produce 12,000 tonnes of ferro-nickel in 2009, down about 32 percent from a year ago.
Feb 26 - Australia's mining sector invested a record amount last quarter, but analysts expect a significant downturn in the next few quarters.
Feb 25 - Sherritt International raised the cost estimate for its Ambatovy nickel project in Madagascar by more than $1 billion.
Feb 24 - Lonmin Plc, the world's third-biggest platinum producer, said to put under care and maintenance the Baobab shaft at its Limpopo mine in South Africa. Said had reached an agreement with unions on up to 5,500 job cuts at Marikana and Limpopo operations.
Feb 23 - Freeport-McMoRan Copper & Gold, which has already cut back production, said it might have to make more cuts if copper prices drop further.
Feb 23 - Noranda Income Fund said to reduce zinc and by-product sulphuric acid production by about 20 percent in March.
Feb 20 - A shareholder of Kazakh mining and metals group ENRC said some of its units had more than halved output. Company produces iron ore, ferro-alloys, alumina, aluminium, chrome and other metals.
Feb 19 - Eramet said has slashed 2009 capital spending target by 54 percent. Has suspended production of high-purity chrome at its Marietta plant in United States. Also planning restructuring measures at SLN nickel unit in New Caledonia. Reiterated targets to reduce nickel and manganese output in coming months.
Feb 19 - Impala Platinum said cutting output by 200,000 ounces in its current financial year and would put off expansion plans.
Feb 19 - Pan American Silver said will suspend operations at Quiruvilca mine in Peru, due to high costs and declining silver production.
Feb 19 - Mozambique's Mozal aluminium smelter will have to cut staff due to the economic slowdown, BHP Billiton said.
Feb 18 - Vimetco said it cut output by a further 50,000 tonnes per year (tpy) from January at its Chinese aluminium operations.
Feb 18 - Thompson Creek Metals Co Inc said expansion project at Endako molybdenum mine suspended. Also details planned production adjustments at Endako and Thompson Creek mines.
Feb 18 - Redcorp Ventures Ltd. said construction activities at Tulsequah Chief polymetallic mine will remain suspended until further notice.
Feb 16 - Norilsk Nickel says suspending production at Black Swan and Lake Johnston nickel mines with immediate effect.
Feb 13 - First Quantum Minerals Ltd says to slash 2009 planned capital expenditure by more than half.
Feb 12 - The Philippines' Berong Nickel Corp said it has temporarily stopped nickel production.
Feb 11 - Norsk Hydro has decided to begin the shutdown of its Neuss primary aluminium smelter in Germany. The company had already cut output at the plant.
Feb 10 - Germany's Trimet Aluminium AG said had cut aluminium output by about 30 percent. Cuts spread equally between its 130,000 tonnes per year (tpy) Hamburg smelter and its 170,000 tpy Essen plant.
Feb 11 - Norsk Hydro said it reducing its aluminium production by another 25 percent at its Soeral smelter in Norway, effective March 1.
Feb 9 - Xstrata Plc shelves plans to expand production of rhenium at a project in northern Chile.
Feb 9 - Plans to boost output at the Madneuli Ore Enrichment Plant in Georgia by 35-40 percent this year no longer look realistic because investment plans are on hold, a company official said.
Feb 9 - Xstrata Plc said it will restructure its Sudbury nickel operations in Canada. But output from Sudbury smelter to remain at similar levels to 2008 as shortfalls from Sudbury mines will be offset at other operations.
Feb 9 - Anglo Platinum said it may cut jobs if platinum prices fall further. Flagged up cost pressures as it axed its final dividend.
Feb 6 - Canada's FNX Mining Co Inc said it plans to cut costs beyond the production cuts and layoffs announced late last year. Company mainly mines nickel and copper in Canada's Sudbury Basin.
Feb 5 - UC RUSAL said it will cut 11 percent of its annual aluminium output, 30 percent of alumina output and 5 percent of its staff. Italy is seeking to prevent the temporary closure by the firm of an alumina refinery in Sardinia.
Feb 4 - Century Aluminum said it would curtail remaining output at its 170,000 tonnes tpy Ravenswood, West Virginia aluminium smelter by Feb. 20.
Feb 1 - The head of UC RUSAL said world governments discussing ways to help the world aluminium market by reducing capacity.
Jan 31 - Southern Copper Corp said evaluating putting on hold or stopping Tia Maria project in Peru and has delayed spending at Toquepala mine expansion project.
Jan 29 - Barrick Gold Ltd has put its Kainantu gold mine in Papua New Guinea on care and maintenance.
Jan 28 - Romanian zinc-lead maker Sometra said it will temporarily halt production.
Jan 27 - Indonesia will cut a target cap on tin production this year to below a planned 100,000 tonnes.
Jan 26 - Freeport-McMoRan Copper and Gold Inc said it would reduce mining and crushed leach rates by 50 percent at its Morenci copper mine, compared with a 25 percent curtailment announced in December, along with a series of other operating reductions and deferred start-ups.
Jan 26 - Eastern Platinum Ltd said planned reduction in reserve development, which began late November, included temporary suspension of Crocette mine.
Jan 23 - Oxus Gold Plc said it will expand its 50 percent-owned Amantaytau Goldfields project faster than planned, but will slash development costs.
Jan 22 - Bulgaria's KCM said it will cut zinc output by 16 percent this year and lead output by 9 percent.
Jan 22 - Sharp falls in metals prices have forced several small mining companies in Mexico to scrap ongoing projects, the country's mining chamber said.
Jan 22 - Japan's Dowa Holdings Co Ltd said it would curb copper output by about 10 percent from its initial plan from February.
Jan 22 - Lundin Mining said to close Galmoy zinc-lead mine in Ireland in May. Was to close on a phased basis over three years from end-2008.
Jan 22 - Australia's top gold miner Newcrest Mining lowered its forecast for annual production.
Jan 22 - BHP Billiton may suspend operations at its Yabulu nickel refinery indefinitely, analysts said.
Jan 21 - African Copper said it will suspend production at its Mowana copper mine in Botswana for at least three weeks while it holds talks to raise up to $15 million for its working capital needs.
Jan 21 - Eramet said it will cut its output of manganese ore and alloy in first quarter 2009.
Jan 21 - Anglo Platinum (Angloplat) plans to trim production, a South African union official said.
Jan 21 - Columbia Falls Aluminum is to curtail the last operating potline at its 168,000 tonnes per year (tpy) smelter in the United States.
Jan 21 - BHP Billiton will close its Ravensthorpe nickel mine in Australia, reduce activity at Mount Keith nickel mine and put Pinto Valley copper operations in the United States on care and maintenance in February.
Jan 21 - Latin American silver and gold producer Hochschild Mining Plc said it is considering closing its small Selene silver mine.
Jan 20 - OceanaGold said may slash planned investment in the stalled Didipio gold-copper project in the Philippines due to funding difficulties.
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