HF Weekly - December 13, 2011

Economics
Labor market in October
IP growth in November was supported by mining sector and utilities

Oil and gas
Riots in Zhanaozen
Kazakhs acquired a 10% stake in Karachaganak
Tethys Petroleum completes Persea 1 well in Tajikistan
Dragon Oil achieves a 70,000 bopd production target
Max Petroleum extends trial production project for Zhana Makat

Metals and mining
Kazakhmys attracts $1.5bn from CDB to fund Aktogai project
Rio Tinto will not make a full takeover bid for Ivanhoe Mines
ENRC has two years to comply with the new requirement of FTSE
Sunkar Resources defaults on 5mn bank loan
Frontier Mining officially opened Benkala copper project
Alhambra Resources expands known area of gold mineralization at Shirotnaia
Kentor Gold is seeking a \'social license\' for its mining project
Frontier Mining: Initiation of research coverage

Banks
S&P revised 11 banks\' ratings

Global Markets