The mining sector's bellwether companies were all beaten down on Monday after China's premier Wen Jiabao delivered a downbeat outlook for the world's second largest economy adding that there were "new problems" to deal with. China will ...
Tags: China, Coal, Copper, Finance, Iron Ore, Lead, Nickel, Potash, Rare Earth, Zinc
Labor problems and low prices have platinum mines closing up shop in South Africa, and the potential for acquisitions is ripening. Senior Mining Analyst and Managing Director at Stifel Nicolaus in Toronto, George Topping believes that ...
Tags: Finance, Rare Earth, Metallurgy
Resource developers, especially in the rare earths space, are suffering from the market's obsession with immediate results, says Byron King, writer and editor for Agora Financial's Outstanding Investmentsand Energy & Scarcity Investor ...
Tags: Metallurgy, Mineral Energy, Rare Earth
Reuters reported that a new deepwater port on Australia's Indian Ocean Coast was supposed to be the showpiece of the country's decade long mining boom and open up a huge new iron ore belt to export to Asian markets. But twice in the past ...
Tags: Iron Ore Mining, Mining Jobs, Coal Mining News, Mining
Reuters cited a source familiar with the situation as saying that BHP Billiton has selected mining venture B&A Mineração as the preferred bidder for its stake in Mount Nimba, one of the largest iron ore deposits in Guinea. ...
Tags: Guinea Iron Ore, BHP Billiton, B&A, steelmaker
Most Chinese takeovers in the resource sector do not pose a threat to national security, says the author of a new report on Chinese investment in Canada. Theodore Moran, a professor of international business at Georgetown University, says ...
Tags: resource sector, investment, Direct Investment, mining, oilsands
AUSTRALIAN shares ended a holiday-shortened trading session modestly higher today,with gains in the mining and financial sectors pushing the market to an 18-month high. The rise sets the market up to end the year almost 14 per cent ...
Tags: shares, market, stocks, financial sectors
THE sharemarket ended the week on a low note as investors took fright after US budget talks on the fiscal cliff fell into disarray. The benchmark S&P/ASX 200 closed down 10.5 points,or 0.2 per cent,at 4623.6,reversing gains that had seen ...
Tags: fiscal cliff, Australian companies, US
THE sharemarket ended the week on a low note as investors took fright after budget talks in the US to resolve the fiscal cliff fell into disarray. The benchmark S&P/ASX 200 closed down 10.5 points, or 0.2 per cent, at 4623.6 points, ...
Tags: Market, reversing gains, IG institutional trader Chris Weston
Forge Group Ltd advise that its wholly owned subsidiary, CTEC Pty Ltd has received a Notice of Award for a USD 105 million contract from WorleyParsons for the development of BHP Billiton’s Yarnima Power Station, three kilometres ...
Tags: power station, Forge Group, Engineering Procurement, Construction project
BNamericas reported that unionized workers at the BHP Billiton controlled Escondida copper mine in northern Chile's region II are doubtful about the prospect of reaching a favorable agreement with management as part of the early collective ...
Tags: copper mine, mine, copper, copper concentrates
Redstone Resources has been awarded a AUD 200,000 Western Australian Government grant to support drilling at the company's wholly owned Tollu Copper project. Tollu is located in between two major deposits Metals X's Wingellina and BHP ...
Tags: Redstone Resources, drilling, Tollu Copper project, Government grant
Iron ore stocks on the ASX have been buoyed by the recent increase in the price of the commodity,which reached its highest level since July.The broader Australian market made small gains across the day as investor sentiment rose on ongoing ...
LOCAL shares rose for the third straight day today, hitting a fresh 17-month high as investors sought defensive and higher-yielding stocks as concern grew over the fate of US negotiations on the so-called fiscal cliff. The benchmark ...
THE sharemarket continued its climb yesterday, reaching a 17-month high on positive news from Europe as US politicians inched closer to a deal on the fiscal cliff crisis. Utilities, energy, industrials, telecommunications, materials and ...
Tags: Positive, News Fuels, politicians inched