Topic: Metals and Mining Sector
Rio Tinto hires new China boss to improve ties
Reuters US Online Report Business News
SYDNEY (Reuters) - Rio Tinto <RIO.AX><RIO.L> has named fluent Mandarin speaker Ian Bauert to head its China business, at a time of tense iron ore price talks and a case against four employees accused of illegally obtaining commercial secrets. Bauert, a 30-year Rio Tinto ...
Potash takeover action heats up in Canada
Stockhouse
Junior the next most likely buy-out candidateThe race to build up Canada’s potash supplies to keep pace with burgeoning global demand is turning Saskatchewan’s tiny handful of junior potash explorers into ripe plums for the picking.
Last week’s proposed $341 million buy-out of Athabasca Potash Inc. (TSX ...
Gold bullion a better bet than gold mining stocks?
Stockhouse
Equities seem to be more successful as short-or intermediate-term tradesBelow is an excerpt from a commentary originally posted at www.speculative-investor.com on January 31, 2010.
It is widely believed that gold stocks offer leveraged exposure to changes in the gold price, but this belief is false. At least, the ...
Rio Tinto sells Alcan divisions to Amcor
AP Features
An almost $2 billion deal for Australian packaging company Amcor to buy a big chunk of Rio Tinto's Alcan business has been completed, the companies said Tuesday, helping the global miner reduce its debt and marking a significant expansion for Amcor. The London-based mining giant announced in December it ...
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