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"Luck is not chance, it’s toil; fortune’s expensive smile is earned.”

Friday, March 23, 2007

Friday News Roundup

This sounds pretty bullish, and right on the mark with what I talked about in my recent special report on China ...

BHP Approves $2.2 Billion Iron Ore Expansion to Meet Demand From China BHP Billiton Ltd., the world's biggest mining company, and its partners will spend $2.2 billion on a plant, railways and a port in Australia to raise iron ore sales as demand surges in China for the steelmaking ingredient.

China May Slash 2007 Corn Exports by 44 Percent to Feed Domestic Livestock China, the world's second-biggest corn producer, may slash exports of the grain by almost half as the livestock sector expands to cater for more meat-based diets and industrial use surges in line with economic growth.

And here's some silver news ...

Silver availability drops 49%, consumption goes industrial -India started 2007 with a silver stock which was lower by 49% at 1,221 tonne compared to 2,373 tonne last year.
Check out my new gold and energy blog at