Peking University finance professor Michael Pettis writes on his blog that the long-anticipated rebalancing of the Chinese economy may have already commenced.
Following Martin Ferguson’s rash declaration last week that Australia’s mining boom had come to an end several leading economic experts have publicly refuted the Australian Resource Minister’s dire prognosis.
The world's number one miner, BHP Billiton, wants to leave the news of its first decrease in annual profit in three years behind by focusing on finding the most lucrative way to increase iron ore production in Western Australia.
China's regional governments have unveiled a slew of new stimulus plans over the past two months worth a total of 7 trillion yuan according to Chinese-language news sources.
Less than 24 hours after Australia's minister for resources and energy declared that the country's mining boom had come to an end, he appeared saying he was misinterpreted, and that the resources industry is still moving ahead.
China's biggest copper producer has established a wholly-owned subsidiary in Hong Kong in order to reduce the cost of financing raw material imports and future acquisitions.
There's no doubt the big story in mining in Manitoba these days is HudBay's Lalor project near Snow Lake. Weighing in at about $700 million, the zinc/copper/gold mine is shaking up the economic landscape in the region.
The heated legal battle between Anglo American and its Chilean adversary Codelco has finally come to an end as the parties announced Thursday that they've reached an agreement.
Gertler, 38, used his relationship with DRC president Joseph Kabila and Kabila's now late adviser Augustin Katumba Mwanke to bag mining projects "by stripping from others if necessary, only to sell them on at great profit."
