Headlines from around the world on the natural resources market, sector and corporate activity. Keep yourself in the know!
Commodities to get record $60B November 20, 2009
Commodities will likely attract a record $60 billion this year as investors seek to diversify their assets, Barclays Capital said.
Beijing to boost alternative energy November 20, 2009
The Chinese government is going to develop solar, biomass, wind, nuclear, and geothermal power and subsidize the purchase of electric cars.
Oct aluminum output 1.966M tons November 20, 2009
Total world aluminum output in October rose by 69,000 metric tons to 1.966 million tons, from 1.897 million tons in September.
Steady recovery in commodity demand November 20, 2009
Global commodity demand will have a steady recovery in the first half of next year, with China leading consumption, according to Macquarie Securities Group.
Codelco to increase output in 2018 November 20, 2009
The Chile-based copper producer expects annual production to increase by 40% to 2.15 million metric tons in 2018 following $9.7bn investments in mine expansion and upgrades.
BHP chief cautious on global recovery November 20, 2009
The head of the world's largest miner said he was cautious over the strength of the global recovery, as restocking slowed in China and demand in developed nations remained sluggish.
Communist to save mines November 20, 2009
Meet South Africa's Jeremy Cronin and Julius Malema, battling over the notion of nationalizing what's left of South Africa's mines.
Dollar or copper pulling the strings? November 20, 2009
The correlation between copper and other base metals is stronger than the one between the dollar and metals.
Japan October steel output down 12.9% November 19, 2009
Japan's crude steel output fell 12.9 percent in October from a year earlier to 8.79 million metric tons, falling for the 13th straight month.
Cerro Colorado likely to avert strike November 19, 2009
Union workers at Chile's Cerro Colorado copper mine are likely to accept an early wage deal offered by owner BHP Billiton and avoid a strike.
Ghana to double mining royalties November 19, 2009
Ghana's relatively new government is making its presence felt with a series of announcements relating to foreign investment including a doubling of mining royalties.
China ups power tariffs 5.4% November 19, 2009
China will raise power prices for non-residential users by around 5.4 percent from Friday, the first rise since July 2008, to compensate grid firms that lost out because of a government cap on prices.
Codelco workers ask for wage hike November 19, 2009
Workers at Chile's massive Chuquicamata mine asked state copper giant Codelco for a 7.5 percent salary hike.
Bribery allegation in Afghanistan November 19, 2009
Considered the second most corrupt nation by Transparency International, Afghanistan's reputation hit a new low in the wake of allegations the nation's Minister of Mines accepted a substantial bribe from a Chinese company.
Clean energy will lag behind global power demand November 19, 2009
Wind turbines, solar panels and hydropower stations won't be built fast enough to keep pace with global electricity demand through 2030, the International Energy Agency forecast.


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