May 29, 2012 Freeport McMoRan: Labour dispute and lower copper prices pressuring stock I'm not all that thrilled to be owning Freeport McMoRan Copper & Gold (FCX) right now. While the company's stock has tended to be highly correlated to the price of…
May 29, 2012 $6.4 billion Alpha Coal Project given go-ahead The Newman Government has given the green light to what will be one of Australia’s biggest mines, the $6.4 billion Alpha Coal Project in Queensland’s Galilee Basin.
May 28, 2012 Market Chatter: Oil India Eyes Stake in ConocoPhillips’ Canada Oil Sands State-run explorer Oil India is looking at buying stake in ConocoPhillips' (COP.N) oil sand assets in Canada, as well as the Gabon assets of France's Maurel et Prom, Finance Director…
May 28, 2012 Singapore-based iron ore platform to compete with China’s beginning on Wednesday A second major physical iron ore trading platform, supported by major mining companies and Chinese steelmakers will launch this Wednesday, competing directly with China's new own platform in a race…
May 25, 2012 Rio Tinto confirms strong potential for diamond jewellery demand in China An increasing demand for diamond jewellery coming from China could help precious stone producers to boost sales in the following months, hinted diversified miner Rio Tinto (LON:RIO) in a release…
May 23, 2012 Asian Mineral Resources says no to Norilsk Nickel’s $22 million offer Asian Mineral Resources' board is recommending that the shareholders turn down Norilsk Nickel's $22.3 million offer or 11 cents a share.
May 23, 2012 Rio Tinto confirms support for Ivanhoe Mines comprehensive financing package and agrees to amend certain terms of memorandum of agreement Rio Tinto and Ivanhoe Mines Ltd. (Ivanhoe) have agreed to amend certain terms of the memorandum of agreement announced on 18 April 2012, under which Rio Tinto has agreed to…
May 22, 2012 Diamond-seller Choksi takes on world with Bollywood Mehul Choksi sees his jewelry business one day joining LVMH Moet Hennessy Louis Vuitton SA (MC) and Cartier among the biggest names in luxury goods. Choksi is chairman and managing…
May 22, 2012 Global aluminum market to reach $112.3 billion this year: report The value of the global aluminum market will reach $112.3 billion this year according to a new study published by Netherlands-based research company ADSReports.
May 22, 2012 Xstrata relies on China to lift copper demand Copper demand in China, the world's main consumer of the red metal, is expected to rebound in the second half of 2012, despite the uncertain outlook for Europe, the head…
Codelco, SQM seal lithium venture in Chile’s Atacama desert NovaAndino Litio, the venture, will control all lithium exploration, production and sales in the Atacama salar until 2060. December 27, 2025 | 09:38 am