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Commodities Supercycle: BHP, Rio Tinto Merger… Maybe.

December 14, 2007 · Filed Under Gold and Resources · Comments 
"BHP claims Rio will get back that lost value in cost savings and the reduction of competition after the merger. But Rio Tinto counters that BHP is just being cheap and possibly overvaluing its own power in the market." — Stephanie Grimmett by Stephanie Grimmett  Baltimore – (TFN) Rio Tinto (RTP: NYSE) is getting annoyed with [...]

Resources Supercycle: The consolidation trend continues

December 6, 2007 · Filed Under Gold and Resources · Comments 
"Commodities, which have surged with the help of the freshly minted Chinese economy, are reaching the end of their boom as the larger mining companies start squabbling over their smaller competitors." — Stephanie Grimmett by Stephanie Grimmett Baltimore — (TFN): British coal miner New Hope Corporation and multinational commodities corporation Xstrata are wrestling over Australian colliery Resource [...]