Chinese commodity trade barometer at record low
The Baltic Dry Index which tracks bulk shipping rates on more than 50 routes around the world drops to lowest since 1985.
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Caterpillar sales down again, almost three straight years
The biggest drops were in the construction sector in Latin America (-41%) and in the resources industry in Asia (-37%).
Lucara up 24% pct on huge diamond find, garners worldwide coverage
No word on price.
Indonesia probing allegations of extortion to Freeport-McMoRan by senior officials
The investigation aims to determine whether senior officials tried extorting Freeport’s Indonesian unit in return for letting the company continue to operate in the country.
Lonmin investors approve key $407m rights issue
The move will allow the platinum miner to restructure its debt and, it hopes, weather an ongoing decline of platinum prices.
Michael Curran goes down-market shopping for winners
Sure there is risk, as Curran explains in this interview with The Gold Report, but the reward could come via either a takeover bid by an established producer seeking to lower its overall costs or by supporting these companies as they transition into emerging producers.
‘Are you sitting down’ – Lucara CEO recounts 1,111 carat diamond news
‘Congratulations – you are the CEO of the first company in 100 years to recover a stone over 1,000 carats.’
Top 15 copper mines worth $103bn less than a week ago
The value of reserves at the world's largest mines drop after copper price takes another hit.
Company claims prize for second-largest diamond recovery
1,111 carats.
