China is switching attention to its own back yard which could be described as the maximum boundaries of Genghis Khan’s empire in the thirteenth century, from the Bering Strait to the gates of Jerusalem.
The government has set aside a maximum of $20 million from its Northern Plan Fund to estimate costs and define the best railway option for the iron-ore rich region.
Kitco’s Silver Fixing price is derived by a unique algorithm that averages the spot price between bid/offer on the wholesale silver market, as quoted by internationally recognized bullion dealers.
Keller had been commended for his efforts to overhaul old mines and cut costs at Codelco, but his tough style is said to have triggered tensions within the company and its powerful unions.