Articles Written by:    ANDY HOFFMAN     

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U.S. miner to develop major chromite play in Ontario

I t lacks the obvious allure of gold, but chromite is vying to become the next hot metal in Canada. A major U.S. mining company is jumping in to the action in Northern Ontario with plans to build the first chromite mine in North America after striking a ...

From ANDY HOFFMAN, Globe and Mail,  23 Nov 2009
Related Topics: Johnny Cash

Emerging economies hit brakes on 'hot money'

A n influx of foreign capital is prompting drastic measures by fast-growing emerging economies that are moving to stem capital inflows to keep their exports competitive and currencies in check. A move to choke off the flow of so-called "hot money" into ...

From ANDY HOFFMAN, Globe and Mail,  20 Nov 2009
Related Topics: Richard Kelly

HudBay CEO Peter R. Jones steps down

T he chief executive officer of HudBay Minerals Ltd. HBM-T is stepping down less than a year after reclaiming the top job in a bitter proxy battle. Peter R. Jones will retire at the end of the year, the company announced Thursday. HudBay president and ...

From ANDY HOFFMAN, Globe and Mail,  12 Nov 2009

Economic realities plague Japan's leadership

I t swept into power with a Barack Obama-like call for change less than two months ago, but Japan's new government has already run headlong into a wall of economic reality. Prime Minister Yukio Hatoyama's Democratic Party campaigned on a pledge to ...

From ANDY HOFFMAN, Globe and Mail,  10 Nov 2009
Related Topics: Barack Obama,  Yukio Hatoyama (politician),  Fitch Ratings,  International Monetary Fund,  Bank of Nova Scotia

BMO going where others fear to go

When BMO Nesbitt Burns Inc. BMO-T pressed ahead with plans to open an investment banking office in Mumbai last year, the timing could not have been worse. Lehman Brothers had just collapsed and the global financial system was engulfed in a full-blown ...

From ANDY HOFFMAN, Globe and Mail,  6 Nov 2009
Related Topics: Thomson Reuters

IN A BIG YEAR, BARRICK LEADS THE LIST

We've sent an email to  containing a URL you'll need to follow to verify your account. You should receive the email within the next few minutes. PLEASE NOTE: Your Globe and Mail account will expire after 2 days if not validated as described in the ...

From ANDY HOFFMAN, Globe and Mail,  5 Nov 2009

India shining: Golden sale heralds an economic force

A surprise move to snap up $6.7-billion (U.S.) of gold underscores India's economic ascendance and marks the strongest indication yet that the central banks of Asia's fast-growing nations are turning away from the U.S. dollar as the world's reserve ...

From ANDY HOFFMAN, Globe and Mail,  4 Nov 2009
Related Topics: International Monetary Fund,  Pranab Mukherjee

India touts expertise in 'medical tourism'

I n the market for a new knee, hip resurfacing or maybe a gastric bypass? India wants your business. Boasting a highly skilled work force of medical practitioners and top notch private health care facilities, India is actively vying for a bigger share ...

From ANDY HOFFMAN, Globe and Mail,  29 Oct 2009

Inflation fears spur India to plan rate hikes

I ndia signalled it will soon boost lending rates as solid economic growth has raised the spectre of a new threat: inflation. The country's central bank left its key lending rate unchanged yesterday, but laid the groundwork for future interest rate ...

From ANDY HOFFMAN, Globe and Mail,  28 Oct 2009
Related Topics: Goldman Sachs,  G-20

Catching up with China

I t doesn't have the monetary or population heft of China or India, but with a $1.8-billion deal to buy Canada's Harvest Energy Trust, South Korea has officially joined the rush of Asian economic powers scrambling to secure international resource assets. ...

From ANDY HOFFMAN, Globe and Mail,  23 Oct 2009
Related Topics: Hyundai,  Samsung Electronics

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