October 7, 2012

China uncovers large nickel reserve

Officials expect reserves to grow

October 5, 2012

China and Chile join forces during Asia Copper Week

The world’s most important copper companies will gather next month in Shanghai in an event organized by the Chinese’s city Futures Exchange (SHFE) and Chile’s Centre or Copper and Mining…

October 5, 2012

Australia plays risky balancing game with Asian suitors bearing FTA’s

Australia faces the parlous challenge of juggling trade relations with the three key East Asian economies, all of whom covet free trade agreements with the antipodean continent in order to…

October 4, 2012

Not one Chinese iron mine makes money at $80. There’s your new price floor

The outlook for iron ore has certainly become more clouded since July, but some of the more bearish analysts may be overshooting on the downside.

October 4, 2012

Australian mining tycoon unveils plans to resurrect the Titanic

Flamboyant Australian mining tycoon Clive Palmer has plans to construct a near-perfect replica of the ill-fated giant passenger ship.

October 4, 2012

Shanghai PE firm makes $850 million bid for Discovery Metals

A Shanghai-based private equity firm is pursuing a USD$847 million takeover bid for Botswana-focused Discovery Metals (ASX:DML).

October 3, 2012

Iron ore: Who let the bears out?

It's worth remembering that the price of 62% iron ore never strayed from $10 – 14 a tonne for more than 20 years.

October 3, 2012

Australia slashes interest rate as mining woes feed fears

In a move that caught more than one investor by surprise, Australia’s Reserve Bank (RBA) announced Tuesday it was cutting its interest rate, prompted by worries of a sluggish mining…

October 2, 2012

Beijing investor offers $100m to Coal of Africa for quarter of equity

A subsidiary of Beijing Haohua Energy Resource has offered Coal of Africa $100 million in equity funding following Exxaro's decision to refrain from exercising options for a stake in the…

October 1, 2012

Chinese backing in Labrador Trough softens impact of iron ore plunge

"They all say that the Chinese firms believe the market volatility is temporary, and that pricing should return to $120 or $130 in the coming months."