Central bank gold is not in the vaults: Embry
Precious metals investment strategist John Embry says the physical gold in the vaults of central banks falls far short of what they […]
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Chinese iron ore mining is already out of whack and now 500 million tonnes of new capacity is coming
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Xstrata shareholders caught in ‘prisoner’s dilemma’ Could Anglo or Vale free them?
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Anglo American Platinum offers bonus to bring back miners
South Africa’s Anglo American Platinum (Amplats), the world’s largest platinum producer, has offered to reinstate 12,000 miners fired in early October for illegally striking and pay them a $230) “hardship allowance” if they return to work by Tuesday morning.
Petronas extends $5.2 billion takeover bid for Progress Energy
Malaysian state-run oil company Petronas has extended the deadline for its takeover bid for Canadian gas producer Progress Energy Resources Corp.(TSX:PRQ) in hopes it will be able to overcome Ottawa's objections to the $5.2 billion deal.
TransCanada and Phoenix Energy join forces to build $3-billion pipeline
TransCanada Corp. (TSX, NYSE:TRP) and Phoenix Energy Holdings Ltd. have entered into a 50-50 partnership to build a $3-billion pipeline in Northern Alberta, one of the centres of Canada’s oil sands industry.
