Surging Chinese gold imports and the case for the world’s next reserve currency
"For the first time in history China has imported twice as much gold as it has 'imported' US Treasuries."
Latest Stories
More trouble for Glencore in Bolivia
Three managers from Bolivia's state-owned mining company were taken hostage by residents of a village in the region of Potusi, who are demanding a 15% stake in the region's silver mine part-owned and operated by Glencore.
Maharaja’s family demands return of diamond
The descendants of the last Maharaja of the Sikh Empire, who was forced to hand over the Koh-i-noor diamond to Queen Victoria, launched a court action Monday for his body and possessions to be returned to India.
Why a former metals trader is leaving China for good after 16 years
"The result is the biggest property bubble in history, which when it pops will sound like a thousand firework accidents."
Copper will benefit from Chinese stimulus, but iron ore problems run deeper
Julian Zhu, analyst at investment bank Goldman Sachs, said that increased government infrastructure spending in the final quarter of the year will […]
Xstrata scoffs at new Glencore offer as merger of equals becomes hostile takeover
The new Glencore offer is "significantly lower than would be expected in a takeover" and the intention to replace Mick Davis represented “a significant risk” says Xstrata's board.
Mike Niehuser’s gold investing lessons from banking school
Mike Niehuser, founder of Beacon Rock Research, incorporates his banking school background into his mining industry analysis.
We build it! China sparks copper surge
Copper's 13c bounce on Friday comes after the Chinese government approved a raft of new building and rail projects this week.
Glasenberg grabs top job from Davis in new Glenstrata deal
Even before building up Xstrata through a series of billion dollar transactions, Big Mick was a formidable dealmaker who with fellow South African Brian Gilbertson created Billiton before selling it to BHP in 2001.