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CIC To Buy Equity Stake Teck Resources, China To Increase Investment In The Mining Sector
Teck Resources is a mineral exploration mining activities have a very knowledgeable. Teck mining company that produces zinc, copper, coal and metallurgy. To maintain the existence of the company and support the mine operations company, Teck will sell some equity stake to the state-owned China Investment Corp. (CIC). Equity stake sale is expected to pay [...]
Gold-Mine Exploration Permit, Canada Gold Mining Companies Evaluated
The Ninth Circuit Court of Appeals will hear oral arguments Wednesday on whether the Canadian corporation Barrick Gold will be allowed to construct and operate an open pit gold mine on Mt. Tenabo in Nevada. The mine is planned on lands that are culturally and spiritually significant to the Western Shoshone native people.
Barrick Gold Founder Say “No Bug” on Gold Prices
Peter Munk, founder and chairman of the world’s biggest gold miner, says even now he is no “gold bug”. In a career spanning 60 years, the 82-year-old entrepreneur amassed fortunes in hi-fi consoles and a south Pacific hotel chain before turning to gold mining.
Gold Mining Company, Appolo Gold Closes Project Gold Production at Timmins Mine Location
Denver-based Apollo Gold has closed a $70-million project financing agreement for its wholly-owned Black Fox project, located near Timmins, Ontario, the firm announced on Monday, although it has had to agree to issue warrants and hedge gold production and foreign exchange in order to secure the funds.
Gold Mine Stock and Mining Companies Not Lost, Profit Margin Shares Attractive
The prospects for equity markets and numerous sector indexes have dimmed during the global recession, but gold and the companies that mine it have not lost their lustre.
Canadian Uranium Mining Exploration Representing The Labrador Inuit Activity
By a narrow 8-7 vote this week, the members of the Nunatsiavut Assembly representing the Labrador Inuit have halted uranium mining activity for three years, sending Canadian junior explorers scrambling.
Nunatsiavut represents Labrador’s 5,000 Inuit, helping to manage a 72,520 square-kilometre land claim settlement in northern Labrador of which 15,800 square kilometers are fully owned by [...]
Mexico Mining Boom
Regional myopia is a widespread failing. Say “ Mexico” in Europe and the word game usually brings up “holidays”. The other side of the Atlantic it would probably be “cheap labour”. Only in Canada is “mining” Mexico’s main claim to fame. Yet Mexico is one of the oldest mining countries in the world, and it [...]
Kayne Anderson Energy Net Asset Value at February
Kayne Anderson Energy Total Return Fund, Inc. (the “Fund”) today announced its net asset value at February 29, 2008.
At February 29, 2008, the Fund’s net assets were $944 million and its net asset value per share was $29.31 based on 32.2 million shares outstanding.
As of February 29, 2008, equity and fixed income investments were 87% [...]
Mining Companies Fell on Concerns, Australian Market and Tradding
Australian shares fell 3.5 percent to a three-month closing low on Monday as property trusts slumped on refinancing troubles at Centro Properties Group and financial sector stocks were dumped on a cloudy outlook for global credit markets.
Mining companies fell on concerns about commodity prices after a surge in U.S. inflation made it less likely [...]
