Topic: Metals and Mining Sector
Australia tells Beijing to stay out of iron ore talks
Reuters US Online Report Business News
CANBERRA (Reuters) - Australia on Monday told Beijing to stay out of sensitive iron price talks between Chinese steelmakers and Australian miners amid a report Premier Wen Jiabao had been asked to personally intervene. Some major players in China's steel sector, which produced nearly half the world's steel in ...
Power blackout hits Chile two weeks after quake
Reuters US Online Report World News
SANTIAGO (Reuters) - Cities across Chile were without power on Sunday and output at some mines disrupted after a main power grid failed a fortnight after a massive earthquake killed hundreds and ravaged infrastructure. State mining giant Codelco, the world's top copper producer, said the disruption shut its mines in ...
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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