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China Mining Company Take Over 70 Percent Of Shares Tiomin Kenya
Tiomin Resources pleased to announce that has taken an important step forward and signed an investment agreement with Jinchuan Group Limited, one of the largest mining companies in China. Approval of investment, 70 percent of Jinchuan offers in Tiomin Kenya Limited. It is expected that the mining company, Jinchuan will invest $ 25 million on [...]
Chinese Investors Group Supports Mining Exploration Projects in Extension Hill
Midwest magnetite project developer Extension Hill Pty Ltd has signed a Letter of Intent with a Chinese investor group comprising Chongqing International Ltd for Economic and Technical Cooperation (CIET) and Chongqing Iron and Steel Group (CQIS).
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 [...]
Hunan Valin Iron & Steel Group To Invest in Fortescue Metals Group
Hunan Valin Iron & Steel Group executives said China’s sovereign-wealth fund may help finance expansion at Fortescue Metals Group Ltd. through debt rather than stock purchases, as the Chinese steel group became the Australian iron-ore miner’s second-biggest shareholder.
Mongolian Finalised Mining Investment Agreement for Copper-Gold Mine Project This Month
An investment agreement for the long-delayed Oyu Tolgoi copper-gold mine project in Mongolia will likely be finalised this month when the matter is discussed in that nation’s parliament.
FIRB Decided To Extend Review China Mining Company, China Minmetalss To Acquire OZ Minerals
The Australian Foreign Investment Review Board (FIRB) has decided to extend its review of China Minmetals’ $1.8-billion offer to acquire OZ Minerals, the world’s second-biggest zinc miner, by 90 days, ie, till 22 June.
Australian Centrex Metals Updates on Iron Ore Mining Project Development
Australian Centrex Metals Limited announced on February 27th 2009 the updates of its iron ore development projects planned to be implemented under JV with Chinese steel mills, projects which are located on Eyre Peninsula, South Australia.
Panzhihua Steel Signed Contract With Yongrong Mining for Coal Mine Project
It is reported that Panzhihua Steel Group inks a strategic cooperation contract with Yongrong Mining Corp Ltd under Chongqing Energy Investment Group to jointly inject CNY 2 billion into a coal mining project in Yunnan Province.
Mine Demand Analysis, Sales Results and The Future of The Mining Companies
Mining giant Rio Tinto is hiving off assets to pay down $US40 billion ($57 billion) in debt after BHP Billiton withdrew a $US66 billion bid, but in these turbulent times, who’s buying?
