CHINA&os;S Yanzhou Coal Mining has made a takeover bid for Felix Resources in a deal agreed by both parties, a person familiar with the situation said today. Coal stockpiling at Felix Resources¿ facilities in Ashton, NSW. Picture: Bloomberg The person …
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Posted August 9th, 2009
Posted August 9th, 2009
CHINA&os;S Yanzhou Coal Mining has made a takeover bid for Felix Resources in a deal agreed by both parties, a person familiar with the situation said today. The person said the offer was pitched below $20 a share. They last traded at $16.90, giving the …
Posted August 9th, 2009
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China's July New Lending Probably Cooled on Banks' Credit Risks
Bloomberg “Although global oil and commodity prices eased somewhat in July, prices of onshore industrial metals, such as steel, have started to rise given the strong … |
Posted August 6th, 2009
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How China's investment in resources is changing the Australian …
Creamer Media&os;s Mining Weekly Newswire Reuters reported that the proposed venture between the two giants could be a threat to China, the world's largest steel making country, … |
Posted August 4th, 2009
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Vale optimistic about outlook for nickel prices
SteelGuru But Vale said further that the stainless steel industry outside China has started to increase production, adding pressure to nickel demand. … |