Rinehart’s Roy Hill iron ore project gets much needed $7.2bn fund injection
After 18 months of negotiations the firm has pulled off a seemingly unachievable total of $10 billion.
Cecilia Jamasmie , Editor-in-Chief
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Oh, Gold! Down to three-week lows after Yellen comments
Markets seem to have interpreted Janet Yellen’s remarks as impending rate hikes as early as early 2015.
Miners among most productive, happiest workers in the world: study
Reveals cross-industry survey, which analyzed responses from over 30,000 professionals.
Latin America gets its first diamond exchange
The bourse is expected to grow the $8 billion fine jewellery retail business in Latin America to more than $10 billion in the next two years.
JPMorgan gets $3.5bn after Mercuria buys its commodities unit
Deal places European trader among world’s top commodity titans.
US consumers choose silver jewellery over gold— report
Triggered mainly by India’s renewed appetite for silver.
Juniors see Australia’s new tax incentive as a lifesaver
Currently 19% of Aussie geoscientists are unemployed, compared with fewer than 2% three years ago.
African Barrick seeks new name after partially splitting from Canadian parent
Last week Barrick Gold sold 41 million African Barrick shares to institutional investors.
Dr. Copper can’t find a cure for ongoing Chinese flu
Futures for May delivery fell on New York to a session low of $2.931 a pound, the weakest level since March 17.
MMG in halt on possible deal with Glencore Xstrata over Las Bambas
Las Bambas copper mine, located in Peru, is expected to fetch between $5 and $6 billion.
Brazil delays critical minerals areas auction
The regulator said funding shortfalls prevent it from covering the costs needed to move ahead with the tender process.
