The Australian dollar was little changed yesterday in Asian trading, in a muted response to remarks from US Federal Reserve chairman Ben Bernanke that the world's largest economy still had quite a way to go towards recovery, despite recent ...
The Australian dollar is expected to face a"difficult year"this year,as concerns about risks to the world economic environment ease and weak domestic factors come into play,according to a new report by HSBC's currency analysts. "While the ...
Tags: Fresh Headwinds, Australian dollar, risk, resilient performance
Sundance Resources Limited announced that the Ministerial Council for the Republic of Congo met on Friday 28 December 2012 and has approved the Company's application to develop and mine the high-grade Nabeba Iron Ore deposit. The ...
Tags: Sundance Resources Limited, Nabeba Iron Ore, mining, iron
Australian miner Sundance Resources has announced that it has been granted a mining permit by the Ministerial Council for the Republic of Congo to develop and mine the high grade Nabeba iron ore deposit. According to Sundance's statement, ...
Tags: Australia, Sundance Resources, mining permit, Nabeba iron ore deposit
Australian markets got off to a roaring start to 2013 yesterday, with the avoidance of the January 1 US fiscal cliff of tax increases and spending cuts combining with rising iron ore prices to send the stockmarket on its biggest one-day ...
Tags: shares, 2013, US, fiscal cliff, stockmarket
The following have all combined to limit control of foreign minerals by US companies: In 2011, Resource nationalism became the number one risk for mining companies Nationalization Expropriation Increased taxation Constraints on the degree ...
Tags: Cobalt, Rare Earth, USA, Metallurgy
China has officially rejected a request by the US, Europe and Japan to have a special panel of the World Trade Organization arbitrate a dispute over the country's controversial policy of restricting exports of rare earths. China mines ...
Tags: China, Rare Earth, USA, Metallurgy
THE Australian dollar was steady in Asian trading yesterday as minutes from the Reserve Bank's meeting earlier this month indicated the December interest rate cut was a closer call than had been thought,possibly delaying further easing next ...
Tags: Australian dollar, RBA, Rate cut
Reuters reported that production at Ramu nickel cobalt project in Papua New Guinea, China’s single-largest mining investment in the country, will reach its full capacity in one or two years, slightly later than initially planned, an ...
Tags: cobalt project, mining investment, nickel, cobalt
MINEWEB reported that Tanzanian Royalty Exploration headed up by mineral exploration entrepreneur Jim Sinclair, said it was creating a new company that would explore Tanzania's Kabanga metal belt for nickel, cobalt and platinum group ...
Tags: mineral exploration, new company, markets of India and China