March 5, 2013

Mining can be a blessing for foreign aid: UN

United Nations Development Program chief supports Canada's mix of mining with foreign aid.

March 5, 2013

Glencore-Xstrata profits hit by $2.6bn writedowns and slump in commodity prices

The results add to the recent list of a dreadful reporting season from major miners, such as Rio Tinto and Anglo American.

March 4, 2013

New steel coke plant opening in Iran

The plant will have a production capacity of about 900,000 tons.

March 1, 2013

Turquoise Hill jumps 11% after allaying Oyu Tolgoi fears

Vancouver company calls ongoing negotiations with Mongolia government productive.

March 1, 2013

Glencore delays closing of Xstrata merger, faces claims of aiding Iran nuclear program

The world’s largest commodities trader said more details about the pending deal will be revealed on Tuesday. Meanwhile, it faces claims of supplying Iran with key ingredients for the manufacture…

February 28, 2013

India becomes net importer as punitive iron ore export tax is extended

From 120m tonnes to less than zero in four years.

February 28, 2013

Fraser Institute ranks Finland and Sweden top mining destinations

Meanwhile try avoiding Indonesia, Vietnam, Venezuela, Democratic Republic of Congo (DRC), Kyrgyzstan, Zimbabwe, Bolivia, Guatemala, Philippines, and Greece, says Canada's leading public policy think-tank.

February 28, 2013

Rio appoints former BHP executive as new finance director

Christopher Lynch takes over longstanding finance director Guy Elliott.

February 27, 2013

Singapore a wise owl among currency snakes

The country has been able to sustain genuine economic growth in the context of a strong national currency.

February 27, 2013

Asian oil and gas companies thirsty for foreign acquisitions: Pimco

Asian oil and gas companies are attractive investment options.