Topic: Metals and Mining Sector
Australia tells Beijing to stay out of iron ore talks
Reuters US Online Report Business News
SYDNEY (Reuters) - China's steelmakers should not try draw their government into iron ore price talks with Australian miners, Australia's trade minister said on Monday, as the mills struggle to pin back soaring raw material prices. Any overt efforts by Beijing to influence iron ore prices would likely deal ...
Power blackout hits Chile two weeks after quake
Reuters US Online Report World News
SANTIAGO (Reuters) - A major blackout left most of Chile without power for hours on Sunday, two weeks after a massive earthquake that killed hundreds and weakened infrastructure. Electricity was restored quickly, but the failure of the South American country's main power grid was another test for conservative President Sebastian ...
Australia welcomes China report on failed Chinalco bid
Reuters US Online Report Business News
CANBERRA (Reuters) - Australian Trade Minister Simon Crean on Monday welcomed a report that China had cleared Rio Tinto <RIO.AX> and the Australian government of blame for the collapse of a $19.5 billion tie-up between Chinalco. Chinalco had agreed on a $19.5 billion equity and asset ...
How China will drive silver to $250
Stockhouse
Individual investors can make an impact on its priceOnce upon a time, the Chinese government forbade ownership of all precious metals.
But now, the ban has been lifted. In fact, China just introduced silver bars for investment. And now, state-run China Central Television (CCTV) is running a campaign encouraging the ...
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