April 20, 2011

Rio Tinto buys CSN’s Riversdale stake for $830m

Brazilian steelmaker CSN (CSNA3.SA: Quote)(SID.N: Quote) struck a deal to sell its 19.9 percent stake in Australian coal miner Riversdale to mining giant Rio Tinto for A$780 million ($830 million),…

April 18, 2011

Indonesian investment agency to buy 7% of Newmont Indonesia

The Indonesian government said on Sunday that state investment agency Pusat Investasi Pemerintah (PIP) would buy a 7 percent stake in Newmont Mining Corp's Indonesian unit, paving the way for…

April 11, 2011

No basis to Woodside bid rumours – BHP Billiton

BHP Billiton played down speculation it was in talks to acquire a cornerstone stake that could be worth $10.3 billion (A$9.8 billion) in Australia's largest oil and gas firm, Woodside…

April 11, 2011

BHP buys back A$6bn of its Australian-listed shares

Top global miner BHP Billiton has bought back A$6 billion ($6.3 billion) of its shares, or 4.4 percent of its Australian-listed shares, as part of its $10 billion capital management…

April 11, 2011

Freeport Indonesia workers fear for safety after Grasberg deaths

Hundreds of Grasberg employees protested in front of the PT Freeport Indonesia offices for two days, refusing to go to work until their employer could guarantee their safety.

April 8, 2011

Newmont shares rise Thursday after dividend announcement

Newmont Mining Corp , the second-largest gold producer in the world, plans to link its dividend to gold prices, and said it will target to raise production of the precious…

April 8, 2011

Gunmen kill 2 at Freeport’s giant Grasberg copper-gold mine in Indonesia

Gunmen killed two workers on Thursday at Freeport-McMoran Copper & Gold Inc's giant gold mine in Indonesia's Papua, a province with a simmering separatist movement. A Freeport company spokesman said…

April 7, 2011

Rio Tinto shines anew in India

Australian mining giant Rio Tinto has received the green signal to undertake mining activities in India, with the Orissa government granting a proposal for a fresh agreement on Thursday, April…

April 7, 2011

If interest rates rise, will gold go down and the dollar rise?

So frequently today we rely on economically established perceptions that fail time and again, simply because the conditions in which they were established have changed. One of the economic clichés…

April 7, 2011

Are ETFs really safe?

In an attempt to understand the relatively new but wildly popular Exchange Traded Funds (ETFs), Dr. Bogan did extensive research into the structures used by ETF operators, with a special…