January 28, 2013

Exotic travel and lots of money: commodity trader for a major miner lists business perks

A social media user who claims being a commodities trader at giant Glencore (LON:GLEN) opened up a forum on Reddit on Sunday in which he answered lots of questions about…

January 28, 2013

China seeks to expand into Iranian mining sector

A senior Chinese official has flagged Beijing's strong interest in Iranian resources.

January 26, 2013

Zimbabwe launches diamond fraud investigation in lead up to election

Zimbabwe's incumbent ZANU-PF party has ordered police to launch an investigation of claims that five provincial leaders defrauded over a million dollars from various diamond mining companies

January 25, 2013

Deloitte, Ernst & Young apparently botched Caterpillar’s China due diligence

Financial Times is reporting that Deloitte was in charge of auditing the working capital for ERA, while Ernst & Young conducted overall evaluation of the transaction.

January 25, 2013

Problems at the world’s largest coking coal mine escalate

Mongolia is planning to cancel China coal-supply contract, and has delayed Tavan Tolgoi's IPO.

January 25, 2013

Copper rally to reach third week on upbeat data from China

China PMI index hits highest level in two years

January 24, 2013

Big 4’s massive new iron ore supply cutting juniors off at the knees

Projects by smaller players won't survive the double digit prices that are coming soon.

January 24, 2013

China to lose in the US shale revolution: German spy agency

An energy independent US may spell trouble for China

January 24, 2013

China may now house the world’s 2nd largest gold reserves: Leeb

Renowned investor Stephen Leeb says China has massively increased its gold reserves, ousting Germany from the second place spot.

January 24, 2013

Chinese regulators to give go-ahead to Xstrata-Glencore merger

Officials indicate they have no reasons to refuse the proposed take-over