Tuesday, September 23, 2014

Canadian court rules aboriginal lawsuit against Rio Tinto can go ahead

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Wednesday 24 September 2014
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Quebec judge wouldn't dismiss $900 million lawsuit.

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Miners are having a tough time getting funded, and although Canadian oil and gas has performed well over the last few quarters, some companies might be overvalued. No wonder investors are confused.

Lowest since September 7 2009

Experts don't expect gains to last for long.

Iron ore is the lifeblood of industrial development with China's 'build it and they will come' policy driving prices to a high of over $180 per tonne in 2011. Flash forward and iron ore prices have slumped to break below $80 per tonne, the lowest level in 5-years.

Producers' limited export pipeline capacity coupled with the end of the U.S. summer driving season has tend to lead to oil surpluses, sending prices down. .. Not this year.

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The mechanism to buy and sell rough diamonds is bizarre. Diamonds are sold in "boxes", collections of diamonds with similar characteristics, where values ranging from $100,000 to $1.5 million

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A large trade is betting that Gold Fields will hold firm for the next two months.

Accused the embattled company of fraud and public misrepresentation.

Ousei

Pitru Paksha is upon us, a time when it is considered bad form to make deals of any sort. But times are changing.

Companies said over-staffing in the current environment was threatening the viability of their Australian operations.

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