July 2, 2012

Unmasking the Asian giant

Chinese operas have been keeping audiences enthralled for hundreds of years with mythical characters, enchanting stories and elaborate masks that add drama and mystery. While this fantastical treatment is appreciated…

July 2, 2012

BNP Paribas sees a huge Nickel surplus of 40 000 mt in 2012

BNP Paribas S.A. (Euronext: BNP) likely to expected a huge nickel surplus of 40,000 metric tons (mt) in this year.

July 2, 2012

Copper market expects squeeze, big holding appears

Traders are bracing for a replay of the April squeeze that made copper expensive to obtain quickly, saying major trader Glencore controls almost half the inventories of the commodity held…

July 2, 2012

Social media derails Lynas Corp’s rare-eaths plans

CEO Nicholas Curtis says he underestimated the power of social media as local residents in Malaysia have used Facebook and Twitter to rally local and foreign opposition to the company's…

July 2, 2012

Chaarat Gold receives mining permit for Kyrgyz licence

Chaarat Gold Holdings has received a mining permit for its Tulkubash licence area from the Kyrgyz Government. The company raised the funds for the project in March 2011 and is…

July 2, 2012

Japan’s polished diamond imports up over 45% in May

After the surprise decline in Japan's polished diamond imports in April, they were revived in May, returning to the levels seen in preceding months.

July 1, 2012

Australia’s carbon emission tax kicks in

After years of political wrangling, the Minerals Resource Rent Tax or MRRT takes affect as the country's largest polluters will now pay A$23 for every tonne of greenhouse gas they…

July 1, 2012

Billionaire Rinehart says she’s willing to buy back GVK shares

July 1 (Bloomberg) -- Australian billionaire Gina Rinehart, who sold a majority stake in her Hancock Prospecting Pty's coal projects to India's GVK Group last year, said she is happy…

July 1, 2012

Gold imports could rise by 20 pct in 2nd half: Bullion association

The second half of this year may see 20 percent increase in gold imports to 300 tonnes over the first six months, a bullion association has said.

July 1, 2012

Zambales leaders reject coal plant

Zambales leaders on Friday rejected plans for the construction of a 600-megawatt coal-fired plant here, during a public hearing that was arranged by a consortium of energy firms to convince…