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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
Mining News From Global Mining and Steel Summit in NY, Appetite For Risk Rises With Gold Price
As gold prices have surged near $1,000 an ounce, miners’ appetites for geopolitical risk have grown as well.
Philippines Ranks 2nd to Africa in Gold Production per Unit Land Area, ZNext Mining Announces
Was Assigned 100% Interest on XYZ & Gango Gold Mine Exploration Projects
ZNext Mining Industries, Inc., with OTC.PK Stock Symbols: announces today that ZNXT is getting closer to completing the compliance requirements to obtain the large scale mining permit after 12 months of reorganization.
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.
Rusian Mining Exploration Company, Russia’s Norilsk Nickel Stretches From Arctic to SA, US to Australia
In July 2007, a Canada-domiciled mining company was acquired by a Russian group for $5,2-billion. That company was LionOre, and it had assets in Southern Africa – an 85% share in Tati Nickel, in Botswana, and a 50% stake in Nkomati Nickel, in South Africa.
LionOre’s buyer was the giant Russian mining and metallurgical group, OJSC [...]
Condition Of Commerce Of Mining Exploration Sector, Gain Of Massey Merger On US Coal Mine Exploration
Taker over mine company Alpha Natural Resources Inc. by Cleveland-Cliff equal to $10 billion is an the biggest acquisition process in coal industry.
While the worldwide bear market slowed mergers and acquisitions by 35 percent in the first half of the year, takeovers of energy and mining companies jumped 33 percent so far this year as [...]
NovaGold Second Quarter Financial Results and Project Update
NovaGold Resources Inc.today announced its financial and operating results for the three months ended May 31, 2007, along with an update on the Company’s project development activities. Details of the Company’s financial results are described in the unaudited consolidated financial statements and Management’s Discussion and Analysis which, together with further details on each of the [...]
Rio Tinto makes a recommended all cash offer for Alcan
Rio Tinto and Alcan today announced they have reached an agreement for Rio
Tinto to make an offer to acquire all of Alcan’s outstanding common shares for US$101 per common share in a recommended, all cash transaction. The offer represents a total equity consideration for Alcan of approximately US$38.1 billion.
The offer represents a premium of 65.5 [...]
Newmont Mining hails Indonesia pollution verdict
The acquittal of one of its executives on criminal pollution charges in Indonesia is a vindication of Newmont Mining Corp.’s operations and should restore the gold company’s reputation, Chief Executive Officer Wayne Murdy said on Tuesday.
“This has shown the world and Indonesia that the water is clean, the fish are safe to eat and our [...]
