Silvercorp Metals (TSX/NYSE:SVM) is alleged to have procured the assistance of police in arresting and silencing critics of the company who sought to profit from the short-selling of its stock.
Mining companies would give their eye teeth to exploit Afghanistan’s recently discovered $1 trillion of untapped mineral wealth, but analysts warn that corruption, war and lack of infrastructure are likely to keep delaying a mining boom in the country.
China is showing further signs that stimulus spending to prop up its slowing economy could well be on the way with President Hu Jintao evincing a commitment to economic growth at the APEC summit over the weekend.
Australian trade minister Craig Emerson has said Chinese demand will continue to give support to the country's mining boom despite declines in export prices.