China

April 12, 2012

World Bank trims China’s growth outlook

The World Bank cut its growth forecast for China on Thursday, adding to warnings the world’s second-largest economy might slow too abruptly, and said Beijing should be ready to launch…

April 12, 2012

Canadian Eldorado’s gold production keeps growing

Canadian miner Eldorado Gold (TSX:ELD) (NYSE:EGO), which recently closed its acquisition of European Goldfields, expects its yearly gold production to touch 1.7 million ounces within five years as it brings…

April 11, 2012

Iron ore price hits 6-month high

The price is up more than 27% from lows struck in October last year when the steelmaking ingredient experienced a mini crash.

April 11, 2012

Vale vs IMF: Who are you going to believe?

Using the dismal science to make forecasts and taking risks with real money are two very different things. And the Brazilian giant is definitely putting its money where its mouth…

April 11, 2012

Look ma, no rare earths

Hitachi has built an 11-kilowatt motor that uses no rare earth materials. The motor took four years to develop, and commercial production is expected in two years.

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