Allegations of fraud and untrustworthy financial statements that have led to a class-action lawsuit against former stock market darling Puda Coal (PUDA-X) underscore just how risky doing business in China can be.
At its height, the Sangdong mine in South Korea was one of the largest tungsten-molybdenum mines in the world. But after a 40-year run, the mine, located 170 km southeast of Seoul, was shut down in 1993 when the price of ammonium paratungstate…
On what was another tough day on the market for miners, Southern Arc Minerals (SA-V) defied the trend and managed to make a solid gain on the back of its latest drill results. The results came out of Southern Arc’s key exploration asset – the…
China’s mergers and acquisitions are “stepping up a notch” and with access to cheaper capital from state-owned banks, the Chinese will “continue to outbid the existing producers for assets,” predict the authors of a recent Citi Investment…
Feng Lishe was born in Xinjiang — a province in remote northwestern China where per capita GDP typically averages about US$2,000 a year in the cities and about half that in the countryside.
Allegations of fraud and untrustworthy financial statements that have lead to a class-action lawsuit against former stock market darling Puda Coal (PUDA-X) underscores just how risky doing business in China can be.
At its height, the Sangdong mine in South Korea was one of the largest tungsten-molybdenum mines in the world. But after a forty-year run, the mine was shut down in 1993 when the price of ammonium paratungstate (APT) fell to US$40 per metric…
Vancouver – A Chinese group which invested heavily in Tanzania-focused gold explorer Canaco Resources (CAN-V) just before its discovery of the Handeni gold deposit has recently added to its large interest in Nova Scotia base-metal explorer…
While the environmental and social consequences of the Fukushima Dai-ichi nuclear power plant disaster rightfully remain the central focus of all onlookers, its effect on uranium prices has not gone unnoticed either. In the wake of such a…
China’s M&A is “stepping up a notch” and with access to cheaper capital from state-owned banks the Chinese will “continue to outbid the existing producers for assets,” predict the authors of a new report from CITI Investment Research in…
With silver prices cruising to new heights, investor interest in the sizable Oyu Tolgoi copper-gold project in Mongolia has “prompted” Ivanhoe Mines (IVN-T, IVN-N, IVN-Q) to “more widely circulate the projections for silver production that have…
Eleven of the 81 provinces in the Philippines have either imposed moratoriums on open-pit mining projects or on the mining of specific minerals, and a twelfth is set to soon join the list, according to Allan & Associates, a security risk…
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