Articles by International Business Times

Bank of Korea Boosts Gold Holdings, Buys 15 Tonnes in November

The Bank of Korea, South Korea's central bank, for the second time this year, raised its holdings of gold in November as part of measures to diversify its portfolio of foreign exchange ... Read >>

Asia Iron Australia’s Extension Hill Project Expects to Yield 10 Million Tonnes of High Grade Magnetite Concentrate Yearly

Asia Iron Australia broke ground Friday on its Extension Hill Magnetite Project in the mid West. The project is expected to yield 10 million tonnes per annum of high-grade... Read >>

Philippines Needs $600 Million to Fund 30 Coal Mining Projects

The Philippines has announced it would be needing at least $600 million in investment funds for its planned offering of 30 coal exploration projects. Jose Layug,... Read >>

Conservation Groups Oppose Abbot Point Coal Project Expansion Over Pollution Fears; Impact on Great Barrier Reef

Mackay Conservation Group is opposing the planned expansion of the Abbot Point coal port north of Townsville in Queensland. The group is against the increase in number of coal... Read >>

Vietnam Eyes Coal Importation as 2012 Coal Exports to Drop

Vietnam will slash its coal exports by 18.2 per cent next year from this year's projected shipments to 13.5 million tonnes in order to save supplies for domestic consumption in... Read >>

Fremantle Maintains 34 Vessel Movements Despite Start of Friday Strike

Employees of Fremantle walked off their jobs on Friday dawn as scheduled as part of their move to improve working conditions and seek a 6 per cent salary increase over the next three... Read >>

Brazil Oil Regulators Order Shut-In of Chevron Wells at Frade Field

Brazil's National Petroleum Agency ordered Chevron Corp. to shut in one of its production wells after the country audited the safety of the U.S. oil major's operations in its Frade... Read >>

Rio Tinto Wins Hathor Takeover Bid, Secures Roughrider Uranium Project

Anglo-Australian miner Rio Tinto Ltd. has succeeded in its $654-million takeover bid for Canadian uranium miner Hathor Exploration and its Roughrider uranium project after rival... Read >>

Australian Dollar Outlook - 12/02/2011

Bell FX Currency Outlook: The Aussie dollar remained steady overnight holding onto the huge gains it made yesterday; opening around USD1.0230 this morning, up from a low of... Read >>

Autochartist - Daily Commodities Update: US Crude Oil

US Crude Oil futures traded in a narrow range during Thursday's session, consolidating after the large gains posted on Wednesday's big up day in the markets. The price action has been ... Read >>