June 17, 2013

Chart of the Week: India declares war on gold

With the Indian rupee plumbing new lows against the US dollar and the country’s current account deficit at record levels, the Reserve Bank of India is taking the easiest route…

June 17, 2013

Coal India to invest $4 billion in two Aussie assets

Increasing demand from its domestic market, especially power producers, is pushing Coal of India to seek more overseas mines.

June 17, 2013

India’s energy ties with Iran unsettle Washington

The US and European sanctions have deeply affected Iran's international oil trade.

June 17, 2013

Indian minister jailed for illegal mining

"If the Modi government has any morality left, it must sack the minister."

June 16, 2013

Buy Chinese yuan: Jim Rogers throws us another investment bone

Rogers thinks the yuan could appreciate as much as 500% over the next three decades.

June 14, 2013

Top 10 oil and gas producing countries in 2012

World oil production rose about 2.5% last year, from 4,019 million tonnes in 2011 to 4,119 million tonnes in 2012.

June 14, 2013

Miners’ new trilogy: flat revenues, profit drop and weak share prices

Report shows mining companies are not longer trusted on their abilities to control costs, deliver on promises and cope with resource nationalization demands.

June 14, 2013

Mitsubishi puts Australian iron ore project on hold

It failed to find an investment partner.

June 13, 2013

Access to capital the top current challenge for the mining sector: Ernst & Young

The report also says junior miners will continue to be cash strapped for at least another year, as the global mining industry slows down.

June 13, 2013

Rio Tinto not shipping copper from Oyu Tolgoi any time soon: report

The market is closely watching the opening of Oyu Tolgoi, as fears about copper supply for the rest of 2013 continue to increase, affecting the red metal's price.