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Why nickel may be just beginning a major breakout move |
| March 26, 2014 18:16 | |
| Governments around the world especially in the emerging economies are now beginning to worry about inflation and currency devaluation. Turkey and India have taken emergency measures to increase rates and the U.S. is tapering as there are growing concerns about significant declines in their respective fiat currencies. Even the Russians and Chinese are concerned. The ruble and yuan are hitting new lows. Paper currencies may be on the verge of failing. Eventually, a... |
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MMG in halt on possible deal with Glencore Xstrata over Las Bambas |
| March 26, 2014 18:04 | |
| Shares of MMG, the Hong Kong-listed offshore arm of China Minmetals Corp, were halted Tuesday after jumping 8% on fresh speculation of an imminent deal with Glencore Xstrata (LON:GLEN) on its $5.9 billion Las Bambas copper project. The commodity trader and mining giant agreed to sell the mine last year in order to win approval from China's Ministry of Commerce for is Glencore- Xstrata merger. However, the company doesn’t have to do it if it comes to the conclusion that there is no suitable... |
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Miners protest at Anglo’s Los Bronces mine in Chile |
| March 26, 2014 18:00 | |
| Los Bronces mine. Contract workers staged Monday a massive a protest at Anglo American’s (LON:AAL) Los Bronces copper mine in central Chile, as the company refused last week to negotiate their demands. The London-listed miner said in a statement that operations remain unaffected. However, it noted there have been "fires, looting, vehicle thefts and disturbances.” The contractors’ leader, Cesar Inostroza, told local newspaper La Tercera (in Spanish) they are demonstrating against... |
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Duke Energy tries to retain customers after charged with illegally pumping coal ash into rivers |
| March 26, 2014 17:55 | |
| Duke Energy (NYSE:DUK), the US largest electricity company, is stepping up efforts to "regain” customer confidence following a toxic spill from a coal ash dump in North Carolina last month that forced authorities to treat the drinking water supply for Virginia, Danville and South Boston. The incident brought to light Duke's history of polluting groundwater with its leaky, unlined coal ash dumps, as subsequent investigations by the North Carolina Department of... |
Exchange Rate
Foreign shares
| New York Stock Exchange | ||
| Name | Closing | Changes |
| BHP Billiton Ivanhoe Mines |
90.53 23.3 |
1.44 0.00 |
| Australian Stock Exchange | ||
| Name | Closing | Changes |
| General Mining Corp Aspire Mining Limited |
0.145 0.52 |
0.00 -0.02 |
| London Stock Exchange | ||
| Name | Closing | Changes |
| Petro Matd Limited polo Resources Limited |
123.5 5.4 |
0.00 0.02 |
| Hong Kong Stock Exchange | ||
| Name | Closing | Changes |
| Mongolian Mining Corporation Mongolia Energy |
9.59 1.14 |
0.00 -0.06 |
| Toronto Stock Exchange | ||
Metal exchange rates
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Coal price data
Ord.mn Mongolian National Mining Information Portal
All rights reserved copyright © 2013
All rights reserved copyright © 2013
