October 16, 2011 Hong Kong starts trading bullion in yuan to tap ‘triple demand’ Hong Kong’s Chinese Gold & Silver Exchange Society, a century-old bullion bourse, will start trading gold quoted in yuan today, boosting the city’s status as an offshore hub for the…
October 16, 2011 Gold traders most bullish since July after plunge Speculators boosted their wagers on higher commodity prices for the first time in five weeks as increasing confidence that the global economy will avoid another recession spurred the biggest rally…
October 16, 2011 NTPC plans to acquire coal mines in Mozambique, Indonesia NTPC Ltd, India’s biggest power producer, has appointed a consultant to evaluate two medium-sized coal mine acquisitions in Mozambique and Indonesia even as it plans to exit International Coal Ventures…
October 16, 2011 Essar Steel Ltd. begins construction of Minnesota iron mine The picturesque little town of Nashwauk, Minnesota is going through some big changes. On Tuesday the first beams in what will be an Essar Steel Ltd. taconite mine and iron-ore…
October 16, 2011 Alacer Gold appoints Stuart Brown as Chief Financial Officer Alacer Gold Corp ("Alacer" or the "Company") [TSX:ASR, ASX:AQG] is pleased to announce that Stuart Brown has joined Alacer's management team as Chief Financial Officer effective November 1, 2011.
October 16, 2011 BHP rumoured to be bidding $1.3B for Brazilian iron ore producer Mining M&A is heating up with more takeover rumours, says The Australian, quoting a report from UK-based newspaper The Sunday Times. The Times reported that BHP Billiton (NYSE: BHP), the…
October 16, 2011 New South Wales to section off part of park for mining BHP Billiton has convinced the New South Wales state government to carve out a piece of a proposed national park to be used for coal mining. Sydney Morning Herald reported…
October 16, 2011 Xstrata’s South African miners poised to strike More labour unrest is brewing at South African mines. Reuters reports that workers poised to strike at 16:00 GMT today at Xstrata's operations across the country. The strike is over…
October 16, 2011 Peabody Energy and ArcelorMittal receive final regulatory clearance to proceed with Macarthur Coal takeover Peabody Energy BTU +3.19% and ArcelorMittal MT +3.36% today announced they have received clearance from the Ministry of Commerce of the People's Republic of China (MOFCOM) to proceed with the…
October 16, 2011 Rio Tinto Q3 production slowly recovering Rio Tinto’s third quartet diamond production increased 29 percent compared to production in the second quarter of 2011, however remains flat year-over-year.
Silver price extends volatile run with surge above $86 Spot prices rose as much as 6.6% to over $86 an ounce, near its highest in a week. February 11, 2026 | 08:38 am