April 4, 2012 BRICS plan for the future Last week, the leaders of Brazil, Russia, India, China, and South Africa met in New Delhi for their fourth annual "BRICS" summit. The meeting brought together five countries that together…
April 4, 2012 No iron ore buying rush seen when China reopens Physical iron ore traders say they don't foresee a rush of buying from Chinese steel mills tomorrow when the market reopens after a three-day break, with a blurry demand outlook…
April 2, 2012 Fortescue chief sees iron ore price down 25% from current levels. Says it’s a ‘good thing’ Fortescue chief executive Neville Power also told The Australian newspaper that Chinese steel production growth will be lower over the next five years at about 4% – 5%, from 7%…
April 2, 2012 Rare 12-carat round pink diamond could fetch $10 million at auction It is one of only two known round pink diamonds of significant size in the world, the auction house said.
April 2, 2012 Coal prices may be headed higher after BHP Billiton declares force majeure BHP Billiton declared force majeure at its Bowen Basin coal mines in Queensland, Australia.
April 2, 2012 CHALCO pays $925M for 60% of SouthGobi Resources In a three-way deal with Robert Friedland's Ivanhoe Mines, the Aluminum Corporation of China (CHALCO) is bidding for 60% of SouthGobi Resources' and paying $8.48 for each common share.
April 2, 2012 Chinese government rolls up independent miners in rare earth industry group In a move to curb the rampant domestic illegal mining of rare earth, as well as regulate its rare earths players, China is launching an industry association for the precious…
April 1, 2012 3 Chinese nationals die in coal mine fire in Malaysia Three men, all Chinese nationals, died of suspected smoke inhalation after a fire broke out inside the Lucky Hill coal mine in Abok, near Pantu, about 80 km from Sri…
March 31, 2012 China’s Baotou Steel Rare-Earth notches hefty profit An annual profit of more than $A530 million for the world's biggest rare-earths producer, China's Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co, a $1.23 billion North American takeover deal, and…
March 31, 2012 China beats US with power from coal processing trapping carbon By 2025, with 250 million more Chinese projected to be living in cities, China’s share of global carbon pollution will jump to 30.3 percent from 26.8 percent this year, the…
Gold and silver prices stumble at the end of best year since the 1970s Both metals are on track for their best year since 1979. December 31, 2025 | 12:59 pm
