China

May 13, 2012

Gold takes it on the chin…what’s next?

There was a strong reaction last week to the elevated debt crisis in Europe, with commodities and equities being indiscriminately sold. Gold fell 3 percent this week, losing its safe…

May 13, 2012

Indonesian Ni Ore export tax levied 20pct

The Indonesian government enforced an export tax system effective May 6th 2012 in which 20% export tax is levied on 14 mineral products of Indonesian origin including nickel ore. As…

May 13, 2012

China posts 10 pct rise in Q1 gold output

(MENAFN) China's Ministry of Industry and Information Technology said that during the first quarter, the country's production of gold rose 10 percent from a year earlier, reported Xinhua News.The ministry…

May 11, 2012

Uranium prices to hit rock bottom this year

With the price of uranium down about 25% from levels reached before the Japanese earthquake and nuclear disaster in Japan last year, the least the industry wanted to hear was…

May 10, 2012

Rio Tinto bullish despite Europe woes

Rio Tinto, the world's third largest miner behind BHP Billiton and Vale, is bullish on the demand for commodities despite renewed volatility in Europe and the risk of financial contagion.

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