One investor seems to be buying up most of the tin traded on the LME. Sparking unease among traders, several questions are doing the rounds - are the prices being pushed up artificially? Why the big position? Who benefits?
Miners fortunate (or wise) enough to possess a strong balance sheet, the low values of their less-favoured peers make them easy pickings for companies in search of production or resource growth. For full story, click here
Bolivian miners belonging to the largest mining workers’ federation joined in marches and other protests against job losses on Friday, but the promised 24-hour strike had no impact on production, a union leader said. For full story, click here
Many existing producers have shut down or curtailed output at mines and plants as high costs and low prices bite. For full story, click here
Wednesday, October 14, 2009