April 29, 2014

Fears of Beijing metal-financing crackdown halt copper price rally

Using commodities as loan collateral is practice in China, but Beijing is set to introduce new rules limiting this component of the shadow banking system.

April 29, 2014

Kincora Copper set to solve mining licenses dispute with Mongolia

Company is confident the government will return two of the licences revoked last year.

April 29, 2014

Wave of buying sends OceanaGold shares surging again

Melbourne-based company sets profit and production records from mines in New Zealand and the Philippines. Stock is already up 67% in 2014.

April 29, 2014

Cayden receives excellent preliminary metallurgical results from El Barqueño

The results suggest very promising potential to produce gold and other metals using a standard leach plant in Mexico.

April 28, 2014

Canada’s Ontario to invest up to $1bn in Ring of Fire

The province is asking the Federal government to match the funds.

April 28, 2014

Newmont’s pointed to letter to Barrick: Merger is off

"We read in the continuing reporting of the transaction in the financial press a pointed characterization of our company."

April 28, 2014

Thibaut Lepouttre’s commodity plays in a sideways market

Ways to play metals from gold to copper and tungsten in a market with weak price movement.

April 28, 2014

Mick Davis wants BHP’s coal division to be cornerstone of his new mining empire

Davis’ X2 Resources has already built a war chest of almost $4 billion and is believed to be asking JPMorgan for US$8bn loan to back up a formal offer to…

April 27, 2014

Philippine’s mineral production up slightly in 2013

Copper concentrate was up 40% and gold was up 18% from 2012.

April 25, 2014

Copper price extends rally as Beijing catches hedge funds short

Copper's the only commodity in a net short position. With news China is adding to strategic stockpiles, hedge funds are scrambling to find 375m pounds they don't have.