ASIA
AWASH WITH MINERAL DEPOSITS

Mongolian PM confirms Tavan Tolgoi decision

Monday , 08 Feb 2010
Sukhbaatariin Batbold says the decision not to auction the stake in the massive coal project will mean the country will get a greater return on the asset
GOLD MARKET UPDATE

Risk aversion keeps gold floating just above three-month lows

Friday , 05 Feb 2010
Fears around mounting risks posed by rising sovereign debt in Europe kept investors wary as trading thinned ahead of Chinese New Year
CONTRACT MINING UNDER CONSIDERATION

Mongolia cancels Tavan Tolgoi auction to retain 100% of world's largest undeveloped coal project

Friday , 05 Feb 2010
Squeezed in between China and Russia and actively courted by third-party nations and entities, Mongolia is moving to assert its independence over its vast mineral resources.
GOLD MARKET UPDATE

Gold hovers around $1,105 as investors stay put ahead of US jobs data

Tuesday , 02 Feb 2010
After jumping 2% on Monday on good manufacturing data, attention has now turned to the US employment numbers due out on Friday
COPPER MARKET

Fifth day of selling in copper as dollar worries eclipse positive US data

Monday , 01 Feb 2010
Despite reports that the US economy grew at a faster-than-expected 5.7%, copper prices recorded their fifth day of declines
5 TIMES HIGHER THAN PREVIOUS QUARTER

JFE shares gain on Q3 profit

Friday , 29 Jan 2010
Despite a strong profit in the quarter, the group has stuck to an annual forecast that comes in below consensus
GOLD MARKET UPDATE

Gold off three month lows but stronger dollar still a concern

Friday , 29 Jan 2010
But, Thursday's drop in gold prices has spurred buying from across Asia
GOLD MARKET UPDATE

Gold steady around $1,090 as investors consider next move

Thursday , 28 Jan 2010
Investors are still digesting US President Barak Obama's State of the Union speech on how to revive the American economy
BHP KEEPS A MAJORITY STAKE

BHP to sell stake in Maruwai coal

Wednesday , 27 Jan 2010
The global miner says it is looking to sell a 20 to 25% stake in the coal project in Indonesia's Kalimantan
INFLATION PROTECTION

Gold still the favoured inflation hedge in Asia - survey

Wednesday , 27 Jan 2010
As inflationary pressures mount in the region that is expected to lead the growth stakes again in 2010, most investors picked out gold as their top weapon against inflation. But, equities came in a close second
JAPAN'S FIRST COMMODITIES ETFS

Gold, platinum ETFs to be launched on Japan's Osaka Exchange

Tuesday , 26 Jan 2010
Japan's Osaka Exchange is to list an ETF tracking gold futures contracts and an ETF tracking platinum futures contracts, both listed on TOCOM - The Tokyo Commodities Exchange
NEW ATTACK

Seven wounded in shootings at Freeport's Grasberg copper/gold mine

Monday , 25 Jan 2010
At least seven persons, two of them Freeport-McMoRan Copper & Gold employees, were injured Sunday after they were shot while traveling in a Grasberg mine-related convoy.
PLATINUM MARKET UPDATE

ETFs help push platinum to 17 month high

Wednesday , 20 Jan 2010
Gold, on the other hand, inched downward on fears that the dollar would strengthen
INVESTMENT INSIGHTS

Buffett wants to buy more POSCO stock - POSCO

Tuesday , 19 Jan 2010
The South Korean miner says Buffett had indicated he wanted to buy more POSCO stock
COPPER PRICE NEGOTIATIONS

BHP Billiton, Japan agree to cut copper fees by 38%

Friday , 15 Jan 2010
The fees we set at the same level as those set with Freeport McMoRan late last year
COPPER MARKET

Copper prices steady as weak technicals battle with optimism around China

Friday , 15 Jan 2010
Traders now looking ahead to US industrial out put and consumer sentiment numbers out later in the day on Friday, after disappointing retail sales numbers cast a shadow over Thursday's trading
GOLD MARKET UPDATE

Gold falls below $1,140 as dollar reverses losses

Friday , 15 Jan 2010
Traders trying to gauge market direction after disappointing US retail sales numbers but more positive news out of the likes of Australia
STRONGEST OPERATIONG PROFIT IN FIVE QUARTERS

POSCO unveils $8.3bn investment plan to shore up growth

Thursday , 14 Jan 2010
The world's number four steel maker currently makes 60% of sales in South Korea but is hoping to close the gap on Chinese steel mills which are snapping up assets
GOLD MARKET UPDATE

Gold inches up cautiously ahead of ECB policy announcement

Thursday , 14 Jan 2010
The yellow metal retained its bullish tone but liquidity was low as traders waited to hear from Jean-Claude Trichet and to find out how US retail sales were progressing
COMPANIES LIKELY TO GET FUNDING FROM INDIA / CHINA

Scotia Capital starts coverage on six potash companies

Thursday , 14 Jan 2010
The group says there is a race to build new capacity in the potash space
GOLD MARKET UPDATE

Gold flat after Tuesday's China-fueled sell off

Wednesday , 13 Jan 2010
Investors are looking for direction after China's surprise announcement it is tightening its monetary conditions
ANGER IN BALUCHISTAN

Pakistan to cancel $3bn Barrick, Antofagasta-owned copper-gold project

Tuesday , 12 Jan 2010
Barrick and Antofagasta JV, Tethyan Copper's Reko Diq exploration licence could be cancelled in an attempt to ease anger in Pakistan's poorest province but, the company says it has yet to be officially informed of such a decision
COPPER PRICE UPDATE

Copper Prices ease on stockpile worries and selling by index funds

Tuesday , 12 Jan 2010
The disappointment of Alcoa's numbers seems to have been tempered by news out of Rusal and worries in China about power
MARKETING RAODSHOW STARTS MONDAY

South Gobi looking to raise $465m in Hong Kong IPO

Monday , 11 Jan 2010
The company which is owned by Ivanhoe has secured the China Investment Corporation and Temasek as cornerstone investors
GOLD MARKET UPDATE

Gold dips downward after hitting three week high

Thursday , 07 Jan 2010
The price of the yellow metal which topped $1,140 per ounce was weighed down by caution ahead of data coming out of the US on Friday
GOLD MARKET UPDATE

Gold flitters above $1,120, as a slightly stronger dollar capped gains

Wednesday , 06 Jan 2010
But, platinum's recent rally loses a bit of steam
GOLD BARS OFFERED AT A PREMIUM

Strong rupee ignites gold buying in India

Wednesday , 06 Jan 2010
But, dealers say Chinese buyers have yet to fully return to the market
INVESTOR HUB: Gold / Copper

   


TOP STORIES

RECORD COPPER, ZINC PRODUCTION

Teck comes roaring back in 2009 with second highest earnings ever

Tuesday , 09 Feb 2010
Strong base metals prices and record metals production last year gave Teck Resources a welcome infusion of profits in 2009, which enabled Canada's largest miner to report its second highest net earnings ever.
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