Zimbabwe is trying new ways to generate income from diamonds, planning to auction more than 300,000 carats of goods Thursday, local media reported. The diamonds were mined at the Marange diamond fields, which has been the center of a brutal government crackdown that has claimed the lives of some 200 villagers.
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Johannesburg RECENTLY listed minerals and cement company Sephaku Holdings had sold some of its gold and nickel interests to investors including Hong Kong-headquartered Mandra Capital for R80m in cash, it said yesterday. Shares in Sephaku, which listed on
JOHANNESBURG (miningweekly.com) – Australia’s largest gold producer, Newcrest Mining, has received planning approval from the New South Wales government for its A$2-billion Cadia East project. Newcrest GM for the Cadia Valley Operations, Tony McPaul,
AIM listed mining company Beacon Hill Resources has entered into an exclusivity agreement that could eventually see it buying a stake in a coal mine in the Tete Province of Mozambique. Together with Consolidated Mining & Resources (Pty) Ltd (‘CMR’),
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Search All Our Sites – Powered By Bing CIVIL NUCLEAR by Staff Writers Paris (AFP) Jan 7, 2010 The French state-controlled nuclear engineering group Areva is about to shed its 25.78-percent interest in nickel mining company Eramet to the strategic
The volcanic eruptions thought responsible for Earth’s largest mass extinction – which killed more than 70 percent of plants and animals 250 million years ago – is still taking lives today. That’s the conclusion of a new study showing, for the first
More than 100,000 Mopar® parts, accessories and performance parts available for purchase online at the Mopar eStore at http://www.mopar.com First automaker in the United States to offer live, mobile TV with up to 20 channels; available on Chrysler, Jeep®,
io Tinto announced today that it has accepted the offer by Amcor for the sale of the Alcan Packaging global pharmaceuticals, global tobacco, food Europe and food Asia divisions, following completion of the required Works Councils consultations. Rio Tinto
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(Bloomberg) Updated: 2010-01-07 10:10 Counter: Yanzhou Coal Mining Co. Ltd. is seeking further coal acquisitions in Australia, the Sydney Morning Herald reported, citing an interview with Yanzhou Chairman Wang Xin. Yanzhou, the new owner of Felix
(Reuters) Updated: 2010-01-07 14:07 Counter: Iron ore explorer African Minerals signed a deal with China’s CRM to buy a 12.5 percent stake in the firm for 152.6 million pounds (R2 billion) to develop its flagship project in Sierra Leone. The
(MarketWatch) Updated: 2010-01-08 15:02 Counter: Aluminum Corp. of China, known as Chinalco, is not considering selling its stake in Anglo-Australian miner Rio Tinto Ltd. , Chinalco’s Vice President Lu Youqing said Friday. ‘These are rumors without
Emerges to Grab Chilean Iron Ore Mine-China Mining Sponsored by China Mining Association (CMA) Tycoon Emerges to Grab Chilean Iron Ore Mine (ChinaStakes.com) Updated: 2010-01-08 15:29 Counter: Li Zihao, a low-profile entrepreneur and president of Rixin
ISLAMABAD (INP): The government has invited the trade group representing sugar mills to a meeting on Friday to discuss a plan to import the commodity as the shortage was pushing retail prices to near-record level. âPrices are too high to make
Increase in M&A activity from China and other Asian companies; U.S. M&A Activity Mutes State-side Job Creation PR Newswire AUSTIN, Texas, Jan. 7 AUSTIN, Texas, Jan. 7 /PRNewswire/ — Bender Consulting, a premier boutique consulting firm, today announced
The author of an environmental study on U.S. coal mining said the practice of mountaintop removal “has got to be stopped.” “Until somebody can show that the water (running from mining sites) can be cleaned up … this has got to be stopped,” said
Aluminium Corp of China (Chinalco) has no plans to offload its stake in mining giant Rio Tinto to wealth fund China Investment Corp (CIC), sources say. Reports on Friday suggested CIC may be weighing up a bid for Chinalco’s 9.3 per cent stake in the
One of my themes is that the value investing mindset, the ability to buy at the largest discount between present price and future intrinsic value, can be found and studied inside of businesses too, not just in people who buy stocks for a living. Lots of
Argentinian officials have said that Australian miner Andean Resources, which has a TSX quote, will be going ahead with a $200 million gold/silver mining operation with construction starting in the second half of 2010.
Following part one of our resources in 2010 videos, in which Morningstar analyst Mark Taylor discussed the outlook for the iron ore, aluminium and oil & gas industries, we today publish part two, where analyst Mat Hodge takes a look at the future of