Things are busy right now at Benjamin Cox and Associates, and as a result, we won’t be able to post the Top Ten Stories today. Please check back tomorrow, when we’ll return to our normal schedule
Entries Tagged as ‘Uncategorized’
August 5, 2008
Top ten stories for August 5, 2008
1. Times Online: Rio Tinto loses iron ore license in Guinea
A proposed $10 billion project dissolves, along with $300 million already invested. Citing fears of a monopoly in Simandou, the highlands of Guinea, the country’s government has revoked Rio Tinto’s iron ore mining license. The move sent Rio’s stock down 4.8%. The company has vowed [...]
July 24, 2008
Record access agreement reached in Australia
Herald Sun: Rio Tinto to buy ore and keep third parties off tracks
Buy the Australian juniors that are on the rail lines. A solution has been reached on rail access. This is huge news for the small stranded resources. The question, of course, is, what is the rail head price? This just opens the [...]
July 14, 2008
Top ten stories for July 14, 2008
1. Reuters UK: Anglo hopes Brazil takeover not hit by fraud probe
Anglo evades involvement in fraud investigation regarding MMX Mineracao, which Anglo is in the process of acquiring. Anglo has not fully acquired the company; its current holdings of MMX are not under investigation.
2. Market Watch: Cleveland-Cliffs acquires minority partner’s interest in United Taconite
North [...]
June 27, 2008
Anglo and Bobby, a match made in hell
People keep a careful count when white people die, but they rarely care about anyone else. Being Jewish, I have a keen sense of history and the injustices of history. I clearly understand that the world is not fair, and I do not expect it to be, but I am always amazed by how ugly [...]
June 27, 2008
Starbucks spies
There has to be a business of sitting in a Starbucks and being a corporate fink.
I was in the city of London and between meetings. Being me, I opened my Mac, but as it has been a long week, I was playing Freeciv rather than doing real work. It is amazing how disarming a Mac [...]
June 25, 2008
A good promoter is hard to find
A good project needs a good promoter. I got into a fight with someone a while ago in which I said I would take skilled management over a good promoter any day. I still think I am right, but I am also starting to understand the other side. If you are a rational person, skilled [...]
June 16, 2008
Finally, someone who does not want iron ore
Sea Piracy’s Bloody Growth
As shipping gets more valuable, more people feel that they can take by gun what they cannot afford by SWIFT. Having said that, at least they probably are not trying to take iron ore carriers or other bulk carriers as it is very hard to run with iron strapped to your speed [...]
