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Mining Industry
Rio Tinto apologises to shareholders over Alcan
Apr 24 2013Meltdown for mining stocks
Apr 24 2013BHP Billiton announces new leadership team
Apr 18 2013Copper price rally towards $8 000 t may be shorted: Barclays »
When set against a backdrop of lower potential Chinese demand growth, high bonded inventories and the potential for exports, rallies in prices towards $8,000/t for copper should be shorted, stated London based Barclays in its recent market analysis. “Copper fundamentals have entered a period where…
Apr 24 2013 / No Comment / Read More »Copper trembles post China tremors MCX support at 368 »
Copper futures for April delivery on India’s Multi Commodity Exchange (MCX) is negative; technical pull back is expected in the evening session and traders may take positions accordingly. Earth quake in China fuelled speculation on a cut in demand prospects at least temporarily reflecting in…
Apr 24 2013 / No Comment / Read More »MCX Copper trades negative as China PMI data subdued »
Copper futures are rattled by the release of HSBC Flash China Manufacturing PMI that gave a reading of 50.5 compared to 51.6 in March. A reading above 50 is indicative of expansion in the economy. But the dip from March levels is surely a cause…
Apr 23 2013 / No Comment / Read More »Canada opens applications for mining professionals »
Canada released its list of the 24 eligible job areas for which its seeking professionals as part of its renewed federal skilled-worker program opening in May.The federal government had suspended the intake of the program in July 2012 in order to return thousands of applications…
Apr 23 2013 / No Comment / Read More »LME Nickel cash prices may average $18 000 t in 2014: Barclays »
Refined nickel cash prices on London Metal Exchange (LME) are expected to average $18,000/t for 2014 which reflects an upward revision to surplus stocks, stated…
Apr 24 2013 / No Comment / Read More »How Canadian mining can maintain its global competitive edge »
After a terrible week for commodities and mining shares, Mining Association of Canada president Pierre Gratton laid out a competitiveness road map for miners in…
Apr 23 2013 / No Comment / Read More »VIDEO: White-hot nickel ball burning a hole through a chocolate Easter bunny »
Popular video maker carsandwater, who likes to heat up nickel and film the reaction when it is dropped into or on things, is back with a…
Apr 23 2013 / No Comment / Read More »