Mining magnates top Forbes list of richest Australians

Georgina Rinehart is Australia’s wealthiest individual with an estimated net worth of $9 billion, according to Forbes list of Australia’s 40 Richest […]

Michael Allan McCrae | February 3, 2011 | 6:00 pm

Fronteer Gold acquired by Newmont Mining in a $2.3 billion deal

On Thursday, Fronteer Gold announced that all its outstanding shares will be acquired by Newmont Mining. Size of the deal is $2.3 […]

Michael Allan McCrae | February 3, 2011 | 4:59 pm

Fronteer Gold acquired by Newmont Mining in a $2.3 billion deal

On Thursday, Fronteer Gold announced that all its outstanding shares will be acquired by Newmont Mining. Size of the deal is $2.3 billion. […]

Michael Allan McCrae | February 3, 2011 | 2:13 pm

Production up and costs down at New Gold

New Gold was up 2.20 percent on the TSE on Wednesday morning after announcing record production and lower cash costs. The mid-sized […]

Michael Allan McCrae | February 2, 2011 | 4:27 pm

BHP Billiton ‘significantly affected’ by rain and flooding

BHP Billiton coal production in Queensland declined by 30% due to rain and flooding in the Bowen Basin. “In the December 2010 […]

Michael Allan McCrae | January 20, 2011 | 5:28 pm

Building an iron ore mine in the arctic will be costly

Reuters catalogues some of the challenges to develop the Mary River iron ore deposit: “Iron ore’s not like gold. A little bar […]

Michael Allan McCrae | January 18, 2011 | 4:48 pm

The electric car is not the future: Fisher

Rare earth and lithium boosters beware. Ken Fisher, chairman and chief executive officer of Fisher Investments Inc., recommends Fiat since the company’s […]

Michael Allan McCrae | January 12, 2011 | 9:55 am

Inflation Risk Is Still Low Despite Commodities, Says Rosenberg

Despite the steep rise in commodity prices, David Rosenberg says that the inflation risk is still low. David Rosenberg, who was interviewed […]

Michael Allan McCrae | November 24, 2010 | 3:54 pm

Waiting for Chinese Real Estate to Land

When discussing the outlook for BHP Billiton, CEO Marius Kloppers pays particular attention to the Chinese economy and its impact on his business. “What happens […]

Michael Allan McCrae | November 16, 2010 | 7:10 pm

China Worries Pound Commodities

Comments by China’s central banker, Zhou Xiachuan, caused markets to tumble when he suggested controls may be used to slow inflation. Speaking […]

Michael Allan McCrae | November 16, 2010 | 9:29 am

Taseko Decision Is a Slap in the Face

The Federal government’s decision on Tuesday to disallow Prosperity mine project to proceed is causing upset, and also some cheer. “First off, […]

Michael Allan McCrae | November 3, 2010 | 7:55 am

Soros Fund Stocks Up on Vancouver-based Platinum Company

Soros Fund Management, run by well-known investor George Soros, revealed on Monday that it owns 15.5 million shares of Platinum Group Metals. […]

Michael Allan McCrae | November 3, 2010 | 7:23 am

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