YRC Worldwide unit inks agreement with Minera Chinalco Peru involving copper production

September 30th, 2009 Chile invites Peru to disputed military exerciseSANTIAGO, Chile — The Chilean air force said Tuesday it has invited its Peruvian counterpart to send observers to military maneuvers that Peru has interpreted as threatening and wants canceled. The air exercise is set for late October in an area of northern Chile near Peru and is to include participation by the air forces of the United States, France, Brazil and Argentina.

September 24th, 2009 LA PAZ - Peasants in the southwestern Bolivian province of Oruro have taken over a gold mine to demand a share of the revenues generated by the operation, a media report said. The protesters say the operator of the Kori Kollo mine, Empresa Minera Inti Raymi S.A., should compensate them for alleged environmental damage and for the use of ancestral lands and should also provide stable employment for area residents.

August 16th, 2009 Farmers kidnap 13 cops, 4 civilians in PeruLIMA, Peru — Farmers freed 13 police officers and four civilians seized at a hydroelectric dam in Peru's Andean region after local officials agreed Saturday to provide them with fertilizer. Authorities said the hostages were held for nearly 24 hours at a church in Huallamayo, a town about 215 kilometers (133 miles) northeast of the capital, Lima.

August 4th, 2009 ArvinMeritor posts 3Q loss, will sell wheels unitTROY, Mich. — Auto parts supplier ArvinMeritor Inc.

July 12th, 2009 Magnitude 6.0 earthquake hits southern PeruMEXICO CITY — The U.S. Geological Service is reporting that an earthquake with a preliminary magnitude of 6.0 has struck southern Peru.

July 12th, 2009 Magnitude 5.3 earthquake hits southern PeruLIMA, Peru — An earthquake with a preliminary magnitude of 5.3 has struck southern Peru. The country's seismic institute says there are no immediate reports of damage or injury.

July 3rd, 2009 Peru bus collision kills 23 near Lake TiticacaLIMA, Peru — Two buses crashed head-on Thursday on a mountain road near Lake Titicaca in Peru, killing at least 23 people and injuring 50 more, police said. The morning crash occurred in the Santa Lucia district, about an hour's drive from Lake Titicaca high in the Andes, a Puno state highway police officer told The Associated Press by phone.

July 2nd, 2009 Chinalco maintains 9.3 percent stake in Rio TintoMELBOURNE, Australia — State-controlled Aluminum Corp. of China said Thursday it took up its full entitlement in Rio Tinto's $15.2 billion share issue to maintain a 9.3 percent stake in the Anglo-Australian miner.

June 5th, 2009 Miner Rio Tinto scraps Chinalco dealSYDNEY — Anglo-Australian miner Rio Tinto PLC on Friday scrapped its $19.5 billion deal with China's Chinalco, choosing instead to raise $15.2 billion in a share sale and setting up a joint production venture with rival BHP Billiton Ltd. Rio Tinto Chairman Jan du Plessis said in a letter to shareholders the planned deal with Chinalco was now dead and his company would pay it a $195 million break fee, thus ending what would have been China's biggest overseas investment to date.

June 5th, 2009 Rio Tinto scraps deal with Chinese firm ChinalcoSYDNEY — Anglo-Australian miner Rio Tinto PLC on Friday ended its $19.5 billion deal with Chinese company Chinalco, instead saying it plans to raise $15.2 billion in a share sale. Rio Tinto Chairman Jan du Plessis said in a letter to shareholders the planned deal with Chinalco was now dead and his company would pay it a $195 million break fee.

May 14th, 2009 Bolivia: Peru ties 'at risk' over refugee decisionLA PAZ, Bolivia — Bolivia's president says relations with Peru are at "high risk" after the neighboring nation gave refuge to two more former Bolivian officials accused in the 2003 army killings of dozens of protesters. Evo Morales says his government is considering its response to what he calls a "provocation and an open aggression" by his Peruvian counterpart, Alan Garcia.

April 22nd, 2009 Mining giant BHP Billiton reports lower productionSYDNEY — Global mining giant BHP Billiton on Wednesday reported a sharp drop in quarterly copper production, along with declines in iron ore and aluminum, as demand for minerals falls amid the global economic slump. Copper production was down 14 percent in the three months ended March 31 compared to the same period last year, the Melbourne-based company said in a statement.

February 5th, 2009 BHUBANESWAR - Birla Tyres, a unit of the BK Birla Group company Kesoram Industries, will close down its Orissa plant temporarily for the third time in as many months from Feb 16 to Feb 28 on account of falling sales, a company official said Friday. The unit had shut down operations for about 15 days in December and 13 days last month.

January 18th, 2009 BHUBANESWAR - Birla Tyres, a unit of the BK Birla group company Kesoram Industries, Monday closed down its Orissa plant temporarily on account of falling sales, a company official said. 'The plant will be closed till January 31 because of falling demand,' a senior official at the unit told IANS on condition of anonymity because he is not authorised to speak to the media.

January 1st, 2009 RAIPUR - The second 500 MW stage-II unit of the state-owned National Thermal Power Corp's (NTPC) Sipat project in Chhattisgarh has begun commercial production, a company official said Friday. The approved capacity of Sipat Super Thermal Power Project, located some 140 km from here in Bilaspur district, is 2,980 MW.