March 23, 2012

Doug Casey: “It’s a dead-man-walking economy”

In an interview with Louis James, the inimitable Doug Casey throws cold water on those celebrating the economic recovery.

March 23, 2012

Hong Kong Mercantile Exchange to launch yuan-settled futures by July

According to the exchange's president, HKMEx will launch yuan-settled gold and copper futures contracts by July to tap into the growing Chinese investor demand for commodities

March 23, 2012

Why gold can go the distance

Gold’s been knocked down lately, but several enduring factors have conditioned the yellow metal for an inevitable comeback.

March 23, 2012

RMB should become settlement currency of more imported commodities, Deutsche Bank

Ma Jun, chief economist from Deutsche Bank (DB) (China) released a report today, saying that RMB should be come the settlement currency of more imported commodities. The move fo llows…

March 23, 2012

Botswana Diamonds releases sparkling interim results

London-listed diamond junior Botswana Diamonds (LON:BOD) forecasts a cheerful future for the diamond market, despite it sliding into the red in the six months to the end of December with…

March 23, 2012

Australia, Canada, Chile, Brazil and Mexico the top five mining projects’ destinations

In its annual ranking of countries in terms of political risks for mining investment, the mineral industry advisory firm Behre Dolbear, has ranked Australia, Canada, Chile, Brazil and Mexico as…

March 23, 2012

China on the prowl for mining investments in Africa, S.America and Asia

Chinese investors are turning their focus to emerging economies as they look to expand their demand for commodities and switching away from Australia and Canada, which are getting too expensive.

March 23, 2012

Breakdown: All the gold price indicators now point down

“Sentiment towards gold is as low as it has been for many years, possibly since the rally started. ... For virtually the first time this cycle, buying gold is a…

March 23, 2012

5 dead, 17 trapped after coal mine blast

A gas explosion ripped through a coal mine in Northeast China's Liaoning province Thursday, killing at least five people and trapping 17 others, the national work safety watchdog said.

March 23, 2012

Chinese style capitalism leads to capital punishment for 31-year old tycoon

"Wu's death penalty is a setback for the cause of reform in China. Judging from this case, how far are we from the market economy? At least 300 years."