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Review And Analysis : Gold Mining Industry Development and Mining Companies Growth In China
Over the last few weeks we’ve been paying more attention to China as it emerges from the East. There are three reasons why China poses such an interesting potential return of value for traders.
A very interesting read is an interview with Jim Rogers about his thoughts on China.
“While he says that China is the only [...]
China Became the World’s Largest Supplier of Gold, Surpassing South Africa
The China Mining Report provides industry professionals and strategists, corporate analysts, mining associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on China’s mining industry
Africa Gold Mine Producer, Harmony Gold Mining Plans To Restart Dividend Payment
Harmony Gold Mining Co., Africa’s third-largest gold producer, plans to restart dividend payments in the next fiscal year after a hiatus of more than 55 months.
Mozambique Reports Mining Exploration and Mining Industry Sector Q3 2008
The mining industry of Mozambique is forecast to log an average growth of 9.2% during 2008-2012 and be valued at US$0.38bn in 2012.
The outlook for Mozambique’s mining sector remains bright, with the national director of Mining Resources, Fatima Momade, stating that the mining and oil sectors should be the primary drivers behind GDP growth hitting [...]
Mining Exploration and Oil Sector Driver Behing GDP Growth in Momzambique
Mozambique government targets in the year 2010, 15% earnings of economics Mozambique stems from mining exploration and development sectorl. Therefore government mozambique gives full backing at activity of exploration and invesment at mine sector.
Following is growth report of exploration of mine in Mozambique during 2008,
The national director of Mining Resources, Fatima Momade, reported :
July [...]
Uranium Funds Points to Near-Term U3O8 Price Decline
Nuclear Market Review [NMR] editor Treva Klingbiel reported in this week’s issue, “Two sellers that were evaluating bids in response to their auctions have concluded their evaluations and have decided not to sell at this time.” She added, “Both sellers preferred to make delivery in June while most bidders were seeking delivery for several months [...]
Coal Surge Seen by Mobius as China’s Imports Increase (Update2)
Coal is poised to rebound from a two-year slump as China buys more than it exports for the first time in history.
Power use in China, the world’s biggest coal producer, is rising 13 percent annually, and utilities are building plants at a record pace. The nation gets 78 percent of its electricity from coal, spurring [...]
16,000 arrested in Zimbabwe blitz on illegal gold miners
Zimbabwean police have arrested at least 16,000 suspected gold panners and seized more than three kilogrammes of gold in a sweeping crackdown on illegal miners, a police spokesman has said.
“According to figures coming from our 10 provinces we have so far arrested 16,290 illegal gold panners and dealers since the launch of the current operation,” [...]
Zimbabwe holds 16,000 over mining
Police in Zimbabwe are reported to have arrested more than 16,000 people as part of a government drive to curb illegal mining.
The three-week-long campaign targeted settlements around the mining fields and seized large quantities of gold and diamonds, state media said.
During the raids, police officers burnt temporary homes used by panners.
