The Batista ‘bubble’ is bursting
Eike Batista was down to his last $20.7 billion as the six public companies he controls are rerated along with the rest of Brazil's stock market.
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South Korea supports Technical Education in Mozambique
As allAfrica reports, Mozambique will receive support for the development of technical and professional schools in the country from South Korea. The […]
Tom Kloet will stay on as head of TMX Group
The Maple Group, a consortium of banks and pension funds that looks poised to takeover the TMX Group, said today that Tom Kloet will remain as CEO and will also become CEO of the Maple Group, as well.
Barkerville, the BCSC is calling
Barkerville's stock price has tumbled 40% since Friday's high of $1.05. And Investors aren't the only group not convinced by the company's report, even the British Columbia Securities Commission has raised an incredulous eyebrow.
Chinese thermal coal prices see longest losing streak in four years
Market pressure from high inventories and a flood of cheap overseas supply, as well as the lackluster performance of the Chinese economy were to blame for sending the average price to its lowest point in over two and a half years.
Investors dump lone US oil sands developer
US Oil Sands (TSX-V:USO) gave up 20% on Thursday on nine times its usual trading volumes despite the lack of fresh news from the company.
US critical minerals bill to cut mine permitting to max 30 months approved
The most controversial aspect of the bill is the ability of the lead agency issuing the permit to decide proposed projects are not subject to National Environmental Policy Act (NEPA) standards.
First iron ore, now rare earths: China to launch physical trading platform
The exchange will be located in Baotou city in Inner Mongolia region, which is home to nearly half the world's light rare-earth output.
Gold, QE3 and antibiotics
A growing number of analysts are pointing out that returns from quantitative easing are fast diminishing.
