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Jul 11, 2011
Shares of coal miners, steel firms and airlines were sold on the first day of Australia’s unpopular carbon tax scheme while power suppliers warned that the new tax may risk A$4-6billjion in assets if banks tighten financing.

Jul 08, 2011
Brazilian mining giant Vale says tight global supplies of the steel making ingredient will keep the price of iron ore above $150 per tonne for at least the next five years.

Jul 08, 2011
Rough diamonds worth around $160 million, which were confiscated in the United Arab Emirates, have been released for sale.

Jul 08, 2011
An Indian company recently discovered vast quantities of rare earths in Madagascar, which may help break China’s hold on the market.

Jul 07, 2011
Blackstone Group’s latest buyout fund is now sized at $16 billion according to a source familiar with the matter, which makes it one of the largest private equity funds in history.

Jul 06, 2011
The globe’s second largest iron-ore exporter holding abundant high-grade resources currently accounts for over 30% of the overall seaborne market volume.

Jul 06, 2011
A recent Barclays report says that the global balances projected for 2012, remain supportive for Crude Oil prices, occasioning the increase in forecast average prices for 2012.

Jul 05, 2011
Vale SA, the world’s largest iron-ore producer, doesn’t expect any slowdown in demand from China in the next five years.

Jul 05, 2011
A U.S.-based technical-standards group has granted final approval to airlines to power their planes with a blend of kerosene and biofuels.

Jul 05, 2011
Underwater mining for rare earths used in high-tech electronics equipment is economically and possibly environmentally unviable according to the Council on Foreign Relations.

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