‘Trapped’ Chinese stock investors key to gold demand
With trading in half of all equities halted by Beijing even those Chinese investors wishing to seek a safe haven in gold cannot do so says new report.
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Maximiliano Aqueveque, Industry Segment VP Mining & Minerals in Quant: “We have the Human Capital to develop the full potential of maintenance for our mining customers”
With 25 years of experience, in a wide variety of market segments, the industrial maintenance company Quant (former ABB Full Service) is targeted to develop mining area in which is strongly participating mainly in South America and particularly in Chile.
Codelco halts world’s largest open pit copper mine over strike
Things took a turn for the worse Friday, when a worker was shot dead by police near the company's smaller Salvador mine in northern Chile.
Zambia power cuts feed copper supply worries, lift prices
Power restrictions could hit output of most copper mines operating in the country.
Papua New Guinea’s Ok Tedi copper, gold mine halts production
The company is also slashing 30% of its foreign employees and 15% of the local workforce.
Saudis expand price war downstream
The undisputed king of oil and gas is making some moves that could change the face of the global refining sector.
China planning to step up controls on coal imports — report
As 85% of Chinese thermal coal producers and 35% of miners focused on the metallurgical kind are now running at a loss.
Mining data provider SNL acquired by McGraw Hill for $2.2 billion
SNL Financial was privately held by the private-equity firm New Mountain Capital LLC,, which purchased a 60% stake four years ago.
Fresh bloodletting among gold mining stocks
Hedge funds bet record 340 tonnes the gold price will continue to fall as bears rip into majors – Barrick falls to 1989 level, Goldcorp at 11-year low.
