September 22, 2011
World markets are in the red
World markets tumbled overnight as bad news mounts and investors turn pessimistic. The Hang Seng fell 4.95%, the S&P ASX was down 2.63% and the Shanghai composite index is down…
September 22, 2011
World markets tumbled overnight as bad news mounts and investors turn pessimistic. The Hang Seng fell 4.95%, the S&P ASX was down 2.63% and the Shanghai composite index is down…
September 22, 2011
Copper tumbled into a so-called bear market, slumping for a fifth day, after the Federal Reserve said that the U.S. economy faces “significant downside risks,” eroding prospects for industrial-metals demand.
September 21, 2011
Demand growth for base metals in China is exceeding its GDP growth rate by 10 percent, and will keep growing, Fan Shunke, the president of China Non-ferrous Techno-Economic Research Institute…
September 21, 2011
Dow Jones, via Fox News, reports that BNP Paibas analysts are cutting their outlook for base metal prices.
September 21, 2011
News that the Mongolian government is rethinking a 2009 deal that gave Ivanhoe Mines and Rio Tinto a 66% stake in the massive Oyu Tolgoi gold and copper project has…
September 21, 2011
Freeport-McMoran Copper & Gold reported on Wednesday that the strike at its Grasberg operations in Papua, Indonesia, which began Sept. 15, is costing the company about 3 million pounds of…
September 21, 2011
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 21, 2011) - Empire Mining Corporation (TSX VENTURE:EPC) ("Empire") is pleased to announce that an IP/resistivity survey has commenced at the Karapinar copper project to…
September 21, 2011
MONTREAL, QUEBEC--(Marketwire - Sept. 21, 2011) - Majescor Resources Inc. ("Majescor" or the "Company") (TSX VENTURE:MJX) is pleased to report that on September 15, 2011, the Company has received formal…
September 21, 2011
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 21, 2011) - Fjordland Exploration Inc. (TSX VENTURE:FEX) is pleased to announce that Xstrata Copper Canada, a business unit of Xstrata Canada Corporation, has entered…
September 21, 2011
China's position as the world's economic engine is being reinforced as expectations for growth in developed markets wane, but so is the risk a decline in its appetite for metals…
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