February 20, 2012

Did China’s central bank buy 139 tonnes of gold in the fourth quarter?

After surging in January, prices for gold and silver have been remarkably steady through the first three weeks of February, setting the stage for a possible big move sometime in…

February 20, 2012

The Sinopec File

Pollution, bribes, more. Nikiforuk pries open the record of China's oil giant, business partner for Northern Gateway pipeline, The Tyee reports.

February 20, 2012

Bank of China moves closer to London Metals Exchange membership

Bank of China International (BOCI) is on track to become the first Chinese member of the London Metals Exchange - giving the bourse a boost while it is considering possible…

February 19, 2012

India’s gold demand drops below China in Q4

Wild price swings caused by a volatile rupee sapped Indian buying interest in gold in the fourth quarter of 2011, with imports well short of expectations and no pick up…

February 19, 2012

HK exchange named in latest LME takeover bid

Hong Kong Exchanges & Clearing has reportedly bid for the London Metal Exchange in an attempt to diversify into commodities trading.

February 19, 2012

Sunshine Oilsands begins offering shares in $605 million IPO

Sunshine Oilsands Ltd. will tomorrow begin offering shares in an initial public offering to raise as much as HK$4.69 billion ($605 million), the holder of Canadian oil-sand leases said.

February 17, 2012

Longest slump in iron ore since Oct on Chinese stockpiles

Iron ore dropped for a seventh day, the longest losing run in more than three months, as the biggest consumer China may slow buying because of increased stockpiles.

February 16, 2012

Russia Cuts 2011 Coking Coal Exports 21 pct as China Demand Drops

Russian exports of steelmaking coal declined 21 percent last year to 14.2 million metric tons because of lower demand from China and periodic halts at some Siberian mines.

February 16, 2012

China coal mine tramcar accident kills 15, injures 3

Fifteen miners died and another three were injured after a tramcar derailed in a coal mine in central China, authorities said on Thursday, in the latest accident to hit the…

February 16, 2012

Vale profits fall 21% after bending to Chinese steelmakers

Vale is the world's largest producer of iron ore and a top nickel miner, reported a quarterly net profit of $4.67 billion, compared to $5.9 billion in the same quarter…