EUROPE AND MIDDLE EAST

Investors put $155 per share cap on BHP's Potash Corp bid

Thursday , 02 Sep 2010
According to a Reuters poll of 26 BHP shareholders, on average they felt that any offer above $155 would make the deal "prohibitively expensive".

Frank Holmes expects gold price to double in 5 years

Wednesday , 01 Sep 2010
With the start of the festive season, September is likely to be a good time for gold and things should continue to do well into 2011

Atlas Copco enters the mobile crushing and screening business

Wednesday , 01 Sep 2010
By buying crusher manufacturer Hartl of Austria Atlas copco is adding another striung to its international equipment bow.

Gold and silver still the best wealth protectors

Wednesday , 01 Sep 2010
With gold and silver steadily moving up in price and looking perhaps to test a new high in the next week or so as the holiday season ends, the serious downside risk looks relatively limited.

The pros and cons of gold investment and manipulation theory

Saturday , 28 Aug 2010
Interesting analysis from the FT of the views of the various pro- and anti- gold camps and the theory that the gold price is manipulated by governments and Central Banks.

Fear stalks the markets and gold and silver benefit

Friday , 27 Aug 2010
The prices of gold, and silver, are still being maintained by fear of stock market collapse in the West and the beginning of a feeling that higher prices may be here to stay in the East.

Volatile silver could be impressive investment

Friday , 27 Aug 2010
Silver has been largely overlooked by precious metals investors but its time could come again.

Renaissance not keen on gold

Friday , 27 Aug 2010
The Asset manager says the world may well have lost its optimism over the global economic outlook, but the two key drivers for the price of gold are little more than shifting sands.

Cluff's 2.45Moz Baomahun gold project moving towards mid-2011 BFS

Thursday , 26 Aug 2010
The Baomahun gold project in Sierra Leone is making great progress towards a 2011 bankable feasibility study (BFS).

Potential Glencore gold spin off estimated to be worth around $5bn

Thursday , 26 Aug 2010
According to a source close to the deal, the gold assets that Glencore International plans to spin off would be worth over $5bn

Glencore profits jump on metal prices

Thursday , 26 Aug 2010
The mining and commodities trader said Thursday H1 net income jumped 42% on the back of sharp increases in metals prices

New tantalum discovery for Noventa in Mozambique

Wednesday , 25 Aug 2010
A new tantalum discovery on the company's Marropino licence area has given shares in AIM-listed Noventa a boost.

Potash Corp acquisition will not be "at any cost" - Kloppers

Wednesday , 25 Aug 2010
BHP CEO Marius Kloppers told journalists that he would be "disciplined" in his bid for Potash Corp,

Gold Investment surges as investors change their mindset

Wednesday , 25 Aug 2010
According to the World Gold Council's Jason Toussaint, the surge in investment demand for gold in Q2 is indicative of a paradigm shift in the way in which investors view gold

Germany, the world's largest retail gold investor

Wednesday , 25 Aug 2010
As doubts persist over public debt levels and the euro, European retail investors are becoming a burgeoning element in the market - up 115% quarter-on-quarter.

The downside in big mining mergers

Wednesday , 25 Aug 2010
Many of the so-called synergies put forward as benefits of big mining mergers will prove to be illusory and the process can be destructive of shareholder value.

UK regulations could prove obstacle to a BHP deal sweetener

Wednesday , 25 Aug 2010
According to UK regulations, a shareholder vote is needed if a takeover price rises above 25% of the company's total market capitalisation, a detail BHP will have to keep in mind

Congo copper battle goes into overdrive

Monday , 23 Aug 2010
Reputations on the line as First Quantum says it will pursue "all legal remedies available to maintain its exclusive rights to the Kolwezi Project and Frontier mine", including against third parties.

$10,000 copper by 2012 - not far-fetched at all!

Saturday , 21 Aug 2010
Credit Suisse analyst Michael Shillaker has gone on record as predicting $10,000 copper by 2010, but this could yet be a fairly modest prediction

Speculators buying up platinum - but trade wary

Friday , 20 Aug 2010
The global auto market continues to recover, but industrial consumers of platinum still seem wary of prices much above $1,550

Congo copper-cobalt deal in the light

Friday , 20 Aug 2010
London-based Kazakh miner, ENRC, buys control of controversial DRC assets for USD 175m effectively giving it control of former FQM and Africo properties.

Demand doubts weigh on copper prices

Friday , 20 Aug 2010
Weak US jobs data sent investors scuttling as fears about further economic growth and thus industrial metal demand was fanned

Global steel production jumps 25% in Jan-July period

Friday , 20 Aug 2010
According to the World Steel Association crude steel production during the period rose to 820.965 million tonnes

Currency trader looks for sharp gold price reversal ahead

Friday , 20 Aug 2010
Some analysts still reckon that gold is in a bubble which will burst as they see the investment demand driving the price as unsustainable.

US jobs data weighs on copper prices

Thursday , 19 Aug 2010
Copper reversed gains on Thursday after jobless claims data from the United States stoked concerns about global demand for industrial metals.

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