November 25, 2014

China: follow the money!

On morning of 17 November, while Western investors were sleeping, China opened the door to its investment world. On that day China began two way trading between the Shanghai and…

November 25, 2014

China’s gold imports rise for third month on jewelry sales

China’s gold imports from Hong Kong rose for a third month as increasing jewelry sales countered weakening demand for the metal as an investment amid falling prices.

November 24, 2014

Aussie mining magnate Clive Palmer investigated over $10 million fraud

The scale of the fraud alleged against the tycoon-turned-politician may double to about A$23 million.

November 24, 2014

In China coal hub, city struggles to survive amid economic slowdown

Workers go unpaid, factories collect dust in one of China’s slowest-growing cities.

November 24, 2014

BHP warns more cost cuts, management shake up before demerger

The world's largest miner has stepped up its cost-cutting plans as it battles a sharp slide in iron ore, coal and oil prices.

November 20, 2014

BHP Iron Ore: OK already, we’ll stop expanding

CEO Andrew Mackenzie tells shareholders while output is still increasing at no. 3 producer, it's been three years since new spending was approved.

November 20, 2014

Marin Katusa: winter is coming—how investors can win in the ‘Colder War’

Casey Research energy strategist Marin Katusa cautions that Russia and China have forged an alliance with the goal of world supremacy through control of the energy market and Vladimir Putin…

November 19, 2014

Nickel close to month-high as Indonesia keeps ore ban

The country effectively halted all but processed metal shipments in January in an effort to force miners to build smelters.

November 19, 2014

EGL Asia and China’s NGGC renew exclusive agreement, agree to further efforts on identification of synthetic diamonds

The Hong Kong-headquartered EGL Asia and NGGC, the state-owned, leading Chinese diamond grading laboratory, signed an agreement which renews and prolongs the close cooperation between the two institutions.

November 19, 2014

Iron ore price enters freefall

Iron ore price down more than 7% over two sessions to just above $70 as supply swamps China just as steel consumption falls for the first time in 14 years.