In January, China imported 413,964 tons of copper, up 13.6% from the same month in 2011. The increase is even more impressive when you correct for the Lunar New Year. Due to the holiday, there were four fewer working days in China last month as compared to January 2011. Copper imports, in any event, exceeded […]
Feb 13 2012 | Posted in
Business |
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Beijing racked up the outsized surplus because imports plummeted in January. They were off 15.3% year-to-year and 22.4% month-to-month. The size of these declines especially surprised China watchers. The official Xinhua News Agency said trade “slumped” in January. Obviously, the early Lunar New Year had some adverse effect on the numbers, and analysts are continuing […]
Feb 13 2012 | Posted in
Business |
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Tethyan Copper Company files for international arbitration Tim Livesey, CEO Tethyan Copper Company (TCC) has revealed that in order to protect its legal right the company has filed an international arbitration for the licence of Reko Diq project. On Tuesday, November 29, Livesey issued a statement that read, “We are disappointed that we have not […]
Nov 29 2011 | Posted in
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Pakistan |
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It was announced by the Afghan mining minister that Chinese and Indian bidders and in the front line for deals to mine Afghanistan’s rich iron ore and oil deposits. The official further cited it was worrying for him that the Western companies are still reluctant to invest in a war-stricken country like Afghanistan. The country’s […]
Oct 27 2011 | Posted in
Business |
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