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Sector Investment Managers Launches Junior Mining Fund
Sector Investment Managers is launching the Junior Mining fund to provide investors with diversified exposure to undervalued mining stocks.
The fund will enable investors to capitalise on the demand for gold and other metals through investment in junior mining companies – the heavyweights of the future.
Antioquia Gold Drilling Colombian Assets
Colombia has emerged as a prolific source of new gold deposits during the last several years, and Antioquia Gold Inc. is the latest TSX Venture listed company to begin exploration there. Antioquia controls a 100% interest in 6 mining concessions covering a total of 279 hectares (Guayabito) and a 90% interest in 2 additional [...]
BHP and Rio Tinto Iron Ore Joint Venture, Positive for Brazilian Mining Company
BHP and Rio Tinto’s $140 billion iron ore joint venture has been good news for Brazilian iron ore giant Vale, according to a senior figure in Brazil’s asset management industry — one of the world’s top 10.
“The fact of the merger will be seen as positive for Vale,” said Itau-Unibanco Asset Management global product specialist [...]
China’s Steel Companies Fear Disastrous Steel Oversupply and Low Demand
China’s steelmakers are facing low demand and potentially disastrous oversupply, supporting their insistence on a 40 percent cut in benchmark iron ore prices.
China Steel Company Talks With Iron Ore Mining Companies (Vale, Rio and BHP) About Iron Ore Price
China’s steelmakers are facing low demand and potentially disastrous oversupply, supporting their insistence on a 40 percent cut in benchmark iron ore prices, an industry group executive said on Tuesday.
Gold Mining Companies Eye Oppurtunity To Grab Venezuela Gold Reserves Potential
Venezuela is known for its biodiversity, petrochemicals, gold reserves and tourist potential. Even as the country sells world’s cheapest petro products due to heavy subsidies, there is not much heard about the gold treasure hidden in the country.
Australian Mining Companies Forecast Strong Increase Iron Ore-Copper Mine Production
Australia forecast a strong rise in iron ore production and a 10 percent jump in copper mine output in the year to June 2010, even after factoring in a more prolonged economic slump that has already triggered supply curbs.
Venezuelan Joint Venture With Rusian for Gold Mine Exploration
President Hugo Chavez is awarding a valuable gold mining concession to a joint venture between a Russian-financed company and the Venezuelan government, in an apparent bid to secure new sources of state income as oil prices fall.
Mining Market Analysts : Australia’s Rich Exports Iron Ore Mine 2009
Lucrative Australian exports such as iron ore face a tough year as flatlining global growth and sluggish demand are set to topple resource prices from extravagant highs, analysts said.
