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R.I. Update for Wednesday, 19 November 2008

Resource Investor
 TOP STORIES
  
Is The U.S. Too Big To Fail?
By Carmen M. Reinhart and Vincent Reinhart, 18 Nov 2008, 09:19 AM
Why are investors rushing to purchase U.S. government securities when the U.S. is the epicentre of the financial crisis? This article attributes the paradox to key emerging market economies' exchange practices, which require reserves most often invested in U.S. government securities. America's exorbitant privilege comes with a cost and a responsibility that U.S. policy makers should bear in mind as they handle the crisis.

Teal Cutting Costs But Continuing Exploration
By Charlotte Mathews, 18 Nov 2008, 09:02 AM
Teal Exploration & Mining, which is 65%-owned by African Rainbow Minerals, was continuing to explore for copper in Zambia and the Democratic Republic of Congo but had slowed mining at Lupoto to help cut costs, it said yesterday.

Barloworld Braced For Tough Times
By Mathabo le Roux, 18 Nov 2008, 09:07 AM
Barloworld's decision to grow its southern African equipment distribution network aggressively will stand it in good stead in looming lean times.

Why You Could Be Feeling Pain
By Michel Pireu, 18 Nov 2008, 09:12 AM
You've probably heard of the "pain” that investors have been feeling lately. And might have thought it was just a figure of speech; that we don't actually suffer any real pain when losing money. But, you'd be wrong. Apparently, it isn't and we do.





 PITPUNDIT BLOG
Gold coins: the latest government incompetence Gold coins: the latest government incompetence
Will Indonesia's elections yield business friendly results? Will Indonesia's elections yield business friendly results?
China replacing U.S. as consumer of last resort? China replacing U.S. as consumer of last resort?
First nations chief: more say in energy development, generation, transmission First nations chief: more say in energy development, generation, transmission
TransCanada another contrarian in spending TransCanada another contrarian in spending
China not 'blowing and going' China not 'blowing and going'
Enterra Energy Trust doubling capex Enterra Energy Trust doubling capex
 "Diamonds are a girl's best friend"
Analyst doubts BHP assertions Analyst doubts BHP assertions
Western Plains links to Apollo Western Plains links to Apollo
Posco takes more of Murchison Posco takes more of Murchison
Tungsten, molybendum mine idled Tungsten, molybendum mine idled
Risks are rising in China Risks are rising in China
World food crisis...again? World food crisis...again?
Cleveland Cliffs/Alpha Natural Resources breakup Cleveland Cliffs/Alpha Natural Resources breakup
Banks need new pain killer Banks need new pain killer
Lonmin idling platinum mines Lonmin idling platinum mines
Severstal half its former size Severstal half its former size
Copper concentrate on the rise Copper concentrate on the rise
DeBeers' Finch mine has fatality DeBeers' Finch mine has fatality
BHP gives nod to uranium BHP gives nod to uranium
Treasury keeping $410 billion in the 'piggy bank' Treasury keeping $410 billion in the 'piggy bank'
No love squeeze by steelmakers No love squeeze by steelmakers
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