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UPDATE 2-Strike impacts Freeport's Grasberg mine, workers 'resigned'

TORONTO, May 25- Freeport McMoRan Inc said Thursday that mining and milling rates at its Grasberg mine in Papua, Indonesia have been affected by an extended strike, and a "large number" of approximately 4,000 absentee workers were deemed to have resigned. Escalating labor tension is a further disruption for Freeport, entangled in a lengthy dispute with Indonesia...

Source: Reuters

UPDATE 1-Strike impacts Freeport's Grasberg mine, workers 'resigned'

TORONTO, May 25- Freeport McMoRan Inc said on Thursday that mining and milling rates at its Grasberg copper mine in Papua, Indonesia have been affected as some 9,000 workers stage an extended strike, and a "large number" of approximately 4,000 absentee workers were deemed to have resigned. Escalating tensions with workers is a further disruption for Freeport,...

Source: Reuters

METALS-Copper at three-week highs on supply disruption worries

*Volumes subdued to holidays in China and Europe. LONDON, May 25- Copper prices hit three-week highs on Thursday as worries about prolonged disruptions at the giant Grasberg copper mine in Indonesia triggered short-covering before a long holiday weekend in Europe and top consumer China. HOLIDAYS: The Dragon Boat Festival in China on Monday and Tuesday and...

Source: Reuters

The highest-paid CEOs by state

Alabama: Grayson Hall, Regions Financial Corp., $8 million. Arizona: Richard C. Adkerson, Freeport-McMoRan Inc., $14 million. Arkansas: Doug McMillon, Wal-Mart Stores Inc., $22.4 million.

Source: The Associated Press

METALS-Zinc, nickel rise on China steel industry crackdown

LONDON, May 22- Zinc and nickel touched their highest in over two-weeks on Monday after China launched a regional crackdown on the steel industry, including production of the two metals. Benchmark zinc on the London Metal Exchange rose 1 percent to $2,641 per tonne, its highest since May 2 while nickel hit its highest since May 3, up 0.6 percent to $9,415.

Source: Reuters

METALS-China pollution crackdown lifts steel ingredients zinc, nickel

MELBOURNE, May 22- Shanghai zinc and nickel surged on Monday on the back of a sustained crackdown in China's polluting steel industry, which fueled worries about supply of the construction material and lifted prices of its raw materials. "It's all very macro-driven at the moment," said analyst Daniel Morgan at UBS in Sydney. London Metal Exchange zinc rallied 0.9...

Source: Reuters

LL Bean's newest Bootmobile is kicking it in Japan

FREEPORT, Maine— L.L. Bean's Bootmobile is leaving North America for the first time. The four-wheeled tribute to the Maine- based retailer's iconic boot is rolling across land of the rising sun, visiting L.L. Bean's 25 stores in Japan. Bootmobile ambassador Eddie Flaherty of Lewiston traveled to Japan last month to deliver the ceremonial key to the Japanese...

Source: CNBC.com

METALS-Base metals slip on worries over China growth outlook

*China in new moves to curb shadow banking and risky investment. LONDON, May 16- Base metals fell on Tuesday, with zinc, lead and nickel down almost 2 percent as China's latest moves to curb shadow banking and risky investment dented the growth outlook in the world's top metals consumer. Late on Monday, China's banking regulator tightened disclosure rules on...

Source: Reuters

Biloxi Marsh Lands Corporation Announces Unaudited Results for the First Quarter of 2017 and Provides Update

METAIRIE, La.---- Biloxi Marsh Lands Corporation today announces its unaudited results for the first quarter of 2017 and provides update. The Company’ s revenue for the three months ending March 31, 2017 from oil and gas production for its fee lands was $58,016 compared to revenue of $34,094 in 2016.. During the first quarter of 2017, total revenues were reduced by...

Source: Business Wire

EXCLUSIVE-Cheniere in talks to boost LNG shipments to China

HOUSTON/ NEW YORK, May 12- Cheniere Energy Inc said on Friday it has had extensive negotiations with China about increasing U.S. liquefied natural gas exports, as a new trade deal paves the way for a second wave of LNG investment in the world's fastest growing gas supplier. The Trump Administration on Thursday said it reached an agreement with China to increase...

Source: Reuters