October 14, 2012

China’s iron ore imports hit 20-month peak in September

Chinese imports of iron ore hit a 20-month peak in the month of September with steelmakers engaging a buying spree as spot prices bottomed out.

October 14, 2012

German engineer says trading patterns for gold prove systemic intervention

A German financial engineer claims recurring anomalies in the movements of gold prices prove that systemic intervention is taking place.

October 13, 2012

Rio still upbeat on iron ore

The head of Rio Tinto's (ASE:RIO) iron ore business in Western Australia has expressed optimism about the sector's prospects despite a plunge in spot prices this year and concerns over…

October 13, 2012

US on ‘flashing yellow alert’ for hyperinflation: Art Cashin

UBS's Director of Floor Operations Art Cashin warns that the United States economy could be on the verge of runaway inflation due to the Fed's swelling of the money supply.

October 13, 2012

Fortescue lifts credit extension by $500 million

Australian iron ore titan Fortescue Metals Group (ASE:FMG) has increased the size of its credit facility by USD$500 million.

October 13, 2012

Anglo American suffers losses of $126 million on wild cat strikes

The world's largest platinum producer has announced losses to revenue of $126 million as result of protracted labor disputes in South Africa.

October 12, 2012

Copper futures fall in anticipation of dire Chinese data

Copper futures fell on Friday on expectations that Chinese trade and economic growth data slated for release next week will disappoint.

October 12, 2012

US net diamond imports plunge 91%

Net imports of both rough and polished diamonds plunged 91% year-on-year in August to $25 million.

October 12, 2012

Canada PM casts doubt on Nexen takeover by China

Canadian Prime Minister Stephen Harper gave investors more reasons to speculate about the final outcome of the deal, as he said that China's “very different" political and economic systems are…

October 12, 2012

New CFO and Vice President of Sales hired at Ludman Industries

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