Roskill predicts tight supply of NdFeB magnet rare earths

Top-seven gold producing countries.

Projected production increase is unlikely to meet rising demand, industry analysts say.

Rio Tinto paid a 65% premium.

The top 10 gold producing countries mined out 1,799 tonnes of the precious metal which is 2% more than in 2011.

All the Chinese have to do is emulate South Korea.

The World Gold Council predicts consumption of the precious metal should be steady this year, although unlikely to reach the high levels seen in the worst of the financial crisis.

The mining giant provided investors with a sour Valentine’s treat as it posted a $3 billion loss, its first ever full-year loss.

Canadian oil and gas company Nexen’s shares climbed over 2% after the announcement.

China to invest more in Canadian copper, lead, zinc.