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Mining Exploration Forum Discuss : Financing Option for Increase Mining Venture and Mining Operation


A two-day forum that starts tomorrow will discuss financing options for mining ventures amid increasingly difficult economic conditions worldwide.

Gold Mining Exploration $1-billion mining investment target


This year’s $1-billion mining investment target will not likely be attained as potential investors grapple with a global credit crunch, the government yesterday said.
The Mines and Geosciences Bureau, which earlier said the lack of funding could delay achievement of a 2011 goal, admitted that the global economic slowdown’s impact would be felt as early as [...]

Iron Ore Price and Demand Future, Vale Beats BHP, Rio as Top Pick on China Ore Demand


Cia. Vale do Rio Doce fell 27 percent this year in Sao Paulo, heading for the first annual decline since 2000. Now analysts say the world’s largest iron-ore producer is poised for its best performance in a decade.
Vale may double in the next year, more than twice the expected gains for the world’s biggest mining [...]

FACTBOX-Recent metals mergers


Mining merger activity continues to hot up with Russia’s Norilsk Nickel upping its bid on Wednesday for Canadian miner LionOre International Ltd. and topping rival Xstrata’s latest offer.
Norilsk’s revised C$6.8 billion ($6.3 billion) bid for the world’s 10th largest miner was 10 percent higher than Xstrata’s.
Canada’s Alcan rejected Alcoa Inc.’s unsolicited $27 billion bid on [...]

Bulge bracket firms dominate in Asia


While bulge bracket firms did not dominate the Financial Times/StarMine Awards for Europe in 2006, they certainly did in Asia.
Independent research houses have made significant in-roads in the US and Europe but, judging from the results, when it comes to producing accurate company analysis the emerging markets of Asia require an altogether higher level of [...]

Terex Ranks Number 4 on 2007 Barron’s 500 Survey


Terex Corporation today issued a statement from Ronald M. DeFeo, its chairman and chief executive officer, upon the company’s listing as the number 4 best performing company on the 2007 Barron’s 500 survey.
“All of us at Terex are honored to receive this recognition because it reflects the many years of dedicated work by our team [...]

AGORACOM Announces Top 10 Mining and Metals Press Releases From Top10PressReleases.com


AGORACOM.com, a sponsor of PDAC 2007, today announced the Top 10 Mining and Metals press releases of the day, as voted on by investors at TOP10PressReleases.com (http://www.TOP10PressReleases.com), a website driven solely by investor submissions and voting. The results were tabulated as of 4:00 PM EST on March 5, 2007 and may change at any time [...]

No steps towards nationalization of mining


There are no plans to nationalize the mining business in Venezuela, as most agreements are under current regulations, said Friday a high-ranking official.
The State will look for control over marketing of gold and diamonds, but this does not mean taking over operators, Mines Vice-Minister Iván Hernández told Reuters.

Rapu-Rapu, make or break for mining


Mining boosters insist Filipinos are squandering valuable opportunities for sustainable development by giving companies engaged in this highly controversial extractive industry a hard time.
Litigation and street protests merely stall the discovery of the wealth lying beneath our feet, they say. What fools Filipinos are for passing up this chance at progress!