End of an epoch as Hong Kong exchange takes over 135-year old LME
The three losing bids were all from the US and the deal marks a decisive shift in the commodities trading business away from Chicago and London to Asia.
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Chrome ore China tariff threat to South Africa’s platinum producers
A vital revenue stream for platinum miners — chrome ore — may be choked off if ferrochrome producers are successful in lobbying for a protectionist export tariff of $100/ton in their desperate attempt to protect their own businesses from China’s burgeoning chrome refiners.
The three highest paid executives in BC all worked at Ivanhoe Mines
John Macken, who recently gave up being president of Ivanhoe Mines, was BC’s top paid executive and brought home a total $23.358 million […]
Prepare for a white knuckle ride with volatility being the ‘norm’
In the early days of this bull market in precious metals we all did well as most mining stocks sprang to life and made considerable gains.
About one-third of mining execs think their industry will turn bumpy this year
Mining executives don't see a lot of sunshine in 2012 and a full 20% have started laying off workers, according to a report by Business in Vancouver and the Mining Recruitment Group.
‘The Rocks on the Road’ Tour brings Mining Science to Kids in the Goldfields Region
As ABC News reports, the Goldfields Mining Industry Alliance tries to engage students in the Goldfields region in mining science to minimize […]
Churchill Mining’s $2-billion lawsuit will not be heard by Indonesia’s supreme court
Indonesia will not be righting the perception that it's a place safe for miners after the country's supreme court said it will not hear Churchill Mining's (LON:CHL) appeal in its two-year legal battle to get compensation for a coal project that the company says was unfairly seized.
Thermal is wrecked: Chinese inventories climb to 2008 financial crisis levels
In China’s Qinhuangdao, the world’s largest coal port by capacity, inventories have exceeded levels last seen in late 2008 during the height of the financial crisis.
Xstrata: Copper fundamentals are strong and ‘should stay that way’
"It's very difficult to foresee what's going to happen to copper prices, but the market remains strong and should stay that way," Sartain said at a press conference in Chile.