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Xstrata Convince Anglo American Shareholders To Join
Xstrata Group, the largest mining company, has made an offer to the mining company Anglo American to join. But this offer was rejected by Anglo American, though some observers mining and banking, providing a very profitable reason for the two companies, in terms of financing the company’s operational efficiency.
South African Gold Mining Companies Expected to Report Improved Earnings on Strong Gold Price
South African gold majors would likely see improved earnings for the quarter ended March 31, 2009, as a result of the high gold price, irrespective of an increase or decline in production, analysts canvassed by Mining Weekly Online agreed on Monday.
Two Biggest Mining Companies After Merge, An Ambition Becomes The Biggest Mine Company In World
Marius Kloppers is determined to win his $127bn battle to merge BHP Billiton and Rio Tinto, but must beat regulatory hurdles – and Rio’s opposition. Ruth Sunderland met a late starter who could become one of the globe’s most powerful men.
Marius Kloppers, chief executive of mining giant BHP Billiton, could be the patron saint of [...]
South Africa Mining Exploration Project Rule, New Code to Evaluate Mining Project
A commite operation of mining exploration in South Africa makes new clauses for mining company with value input in each project of mine operation by mining companies, especially mineral mine company. This regulation will be implemented in the next month.
Following statement of chief commite Samrec-samsal :
“The Samval code would apply to projects with different stages [...]
Nigeria Mine Policy : Mining Companies Exploration Urge Safe Environment
Nigerian President Umaru Yar’Adua said on 13 June that the country’s energy infrastructure has become so decrepit he will soon have to call a ’state of emergency’. Nigerian environmental experts are urging the government to consider reintroducing coal mining to end the crisis, a move they say would also slow forest loss and desertification.
“Nigeria has [...]
Richmont Mines and Mountain Lake Resources Commence Next Phase of Exploration for Valentine Lake Gold Project
Richmont Mines Inc. (”Richmont Mines”) and Mountain Lake Resources Inc. (”Mountain Lake”) have commenced the next phase of exploration work on the Valentine Lake Gold property, located in Central Newfoundland. As outlined in the National Instrument 43-101 compliant technical report (Jan. 2005), the Valentine Lake property has inferred mineral resources of 1.3 million tonnes grading [...]
Rio soars to record high as BHP bid talk swirls
Shares in Rio Tinto Ltd./Plc., the world’s second largest mining house, jumped as much as 11 percent to a record high on Wednesday on speculation of a pending $100 billion bid by larger rival BHP Billiton Ltd./Plc.
A rumour swept the Australian market in early afternoon that BHP was readying a hostile bid for Rio Tinto [...]
Namibia: Gold Mining Industry Under Fire
THE mining industry has consistently refused to take responsibility for the destruction of communities and ecosystems for more than 100 years, a local civil society organisation has said.
It is against this background that the Labour Resource and Research Institute (LaRRI) published a book ‘Gold mining companies in Africa – workers’ experiences’.
Gemcom Signs Agreement With the University of Sao Paulo to Establish Centre of Mining Research Excellence
Gemcom Software International (TSX:GCM), a global supplier of specialised mining productivity solutions, and Laboratory of Mine Planning Technology (LAPOL), from the Department of Mining and Petroleum Engineering of University of Sao Paulo (USP), announced today the signing of a technical cooperation agreement, to establish LAPOL as a Centre of Mining Research Excellence of Gemcom technology [...]
