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What happens to metals commodities if (when) China slows down?

In July 2007, one year after the housing bubble peaked and five months before the beginning of the Great Recession, Citigroup CEO Chuck Prince talked to the Financial Times about the health of the housing market. "When the music stops," he said, "things will be complicated. But as long as the music is playing, you've got to get up and dance."
Mineweb | March 18, 2011 | 9:54 am

Turkish gold imports expected to rise by 50% in 2011

Gold imports into Turkey, the world's fourth-biggest gold consumer, are expected to rise by around 50 percent in 2011 and jewellery exports by 15-20 percent, a Turkish gold banker said. Turkey's gold imports rose to 42.49 tonnes in 2010, up 13 percent from the previous year. Jewellery exports reached a value of $1.2 billion.
Mineweb | March 18, 2011 | 8:59 am
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Minera Andes to spin out Los Azules project

Minera Andes (MAI.TO: Quote) said on Thursday it plans to spin out its Los Azules copper project in Argentina into a new publicly traded company. The Toronto-based exploration company said the move will let it unlock value from Los Azules and allow it to focus on developing its San Jose gold-copper project, which is located in the vicinity of Goldcorp's (G.TO: Quote) recently acquired Cerro Negro project in Argentina.
Mineweb | March 18, 2011 | 8:59 am

Five arrested in Welsh mining probe

Britain's Serious Fraud Office on Wednesday said it had made five arrests as part of an investigation into allegations of fraud related to the sale of four mines in South Wales.
Mineweb | March 17, 2011 | 9:45 am
Caterpillar profit drops for second successive quarter due to weak mining demand

Timmins Urges Board of Capital Gold not to Postpone Capital Gold Special Meeting: Let the Shareholders Speak!

In an appearance on Canada's Business News Network this afternoon, the CEO of Gammon Gold Inc. stated: "We will announce tomorrow when the Capital Gold special meeting will be, but it will be this month." It seems that the CEO of Gammon intends to postpone the special meeting of the shareholders of Capital Gold Corporation. Timmins has repeatedly raised concerns regarding the process by which the Capital Gold Board of Directors selected Gammon's proposal, a process that Timmins believes favored Gammon over all other bidders.
Mineweb | March 17, 2011 | 9:15 am
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Aurizon mines reports 37% drop in quarterly profit

Canada's Aurizon Mines reported a 37 percent drop in quarterly profit, hurt mainly by higher exploration expenses. The mid-tier gold miner reported net income of C$6.2 million($6.3 million), or 4 Canadian cents a share, compared with net income of C$9.9 million, or 6 Canadian cents a share, last year.
Mineweb | March 17, 2011 | 8:53 am