The absence of Xi Jinping from several key occasions of state this month has triggered grave concerns about the well-being of China's presumptive heir to power on the eve of the country's decennial leadership transition.
Australia’s mining giants are threatening both the government of Queensland and the federal authorities with dropping all of their new projects in response to the state’s surprise increase in coal mining royalties.
Diversified mining giant Teck Resources Ltd. (TSX:TCK.A) has confessed to polluting the upper reaches of Columbia River in Washington State for nearly a century with effluent discharge from one of its BC-situated smelters.
China is showing further signs that stimulus spending to prop up its slowing economy could well be on the way with President Hu Jintao evincing a commitment to economic growth at the APEC summit over the weekend.
The new Glencore offer is "significantly lower than would be expected in a takeover" and the intention to replace Mick Davis represented “a significant risk” says Xstrata's board.
Glencore International (LSE:GLEN) has postponed its Friday shareholder meeting where voting would have taken place on its proposed $34 billion takeover of Xstrata (LSE:XTA).