October 11, 2012 Iron ore pulls back from $120 despite fresh Chinese infrastructure spending The country's railways ministry is upping its investment for a third time this year – the annual budget for 2012 is now a round $100 billion.
October 10, 2012 Alcoa’s results lead markets down US and Canadian markets dipped on Wednesday as earnings season began with Alcoa (NYSE:AA), the world's leading producer of aluminum, forecasting slower demand for the metal.
October 10, 2012 Stronger yuan will cheapen commodities for China: Leeb Renowned investment guru Stephen Leeb says China is pushing for a stronger yuan in order to cut the cost of its commodities purchases.
October 10, 2012 Chinese copper consumption to drop for the first time in four years China's copper consumption levels are set to fall for the first time since 2008 on the country's easing growth and the resulting tepid demand for commodities.
October 9, 2012 Rio to cut jobs on concerns over China slowdown Rio Tinto (ASX:RIO) has announced further retrenchments and cost cutting measures due to concerns that the slowdown in China's economic growth will be more pronounced than expected.
October 9, 2012 Diamond supply crunch on its way — analysts Global production of diamonds reached 124 million carats last year and, according Bain & Company consultants, 13 new mines should be adding 23 million carats by the end of 2012.…
October 8, 2012 Illegal Chinese gold mining triggers conflict in Ghana Illegal gold mining by Chinese nationals using heavy machinery has fueled resentment and hostility amongst local communities in Ghana.
October 8, 2012 Making up for lost time, Chinese traders send iron ore soaring 6% On Monday upbeat Chinese traders came back from a week-long break and chased the price of the commodity to $110.40.
October 8, 2012 China plans to usurp global leadership with the backing of gold: Russell Veteran finance expert Richard Russell claims China has plans to obtain leadership of the global economy by fortifying its official currency with precious metal backing.
October 8, 2012 China to convert coal into gas for urban energy needs China has unveiled ambitious plans for the conversion of coal extracted in remote mining regions into gas for usage in urban areas.
Iron ore price nears best close since November on year-end metal rally The steelmaking ingredient advanced for a third straight session in Singapore, climbing nearly 1.8% to as much as $106.55 a ton in intraday trading. December 29, 2025 | 07:51 am