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Review And Analysis : Gold Mining Industry Development and Mining Companies Growth In China


Over the last few weeks we’ve been paying more attention to China as it emerges from the East. There are three reasons why China poses such an interesting potential return of value for traders.
A very interesting read is an interview with Jim Rogers about his thoughts on China.
“While he says that China is the only [...]

Two Biggest Mining Companies After Merge, An Ambition Becomes The Biggest Mine Company In World


Marius Kloppers is determined to win his $127bn battle to merge BHP Billiton and Rio Tinto, but must beat regulatory hurdles – and Rio’s opposition. Ruth Sunderland met a late starter who could become one of the globe’s most powerful men.
Marius Kloppers, chief executive of mining giant BHP Billiton, could be the patron saint of [...]

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 [...]

Coal Price In World Market and Trade Higher


As consumers struggle to get used to $4-a-gallon gasoline, there’s another source of energy that is becoming more expensive: coal.
The price of a ton of Central Appalachian coal on the futures market was $42.65 a year ago and has risen to around $96, according to figures from the U.S. Energy Information Administration. That increase comes [...]

Richmont Mines and Mountain Lake Resources Commence Next Phase of Exploration for Valentine Lake Gold Project


Richmont Mines Inc. (”Richmont Mines”) and Mountain Lake Resources Inc. (”Mountain Lake”) have commenced the next phase of exploration work on the Valentine Lake Gold property, located in Central Newfoundland. As outlined in the National Instrument 43-101 compliant technical report (Jan. 2005), the Valentine Lake property has inferred mineral resources of 1.3 million tonnes grading [...]

Resources uranium carried in balance to rise: The actual value is in the base of capital


I’ve been reviewing Uranium Resources’ Annual Report over the last few days, and would like to provide some commentary on both the general market for uranium and on the prospects for this company.
First, with regards to the uranium market, anyone who believes that this major supply crunch is going to be solved over the near [...]

Oil Bloc Acquisition: Between Discretionary Allocation and Open Bidding


With the next bid round expected soon, Niyi Ayoola-Daniels Esq examines the law and practice of oil bloc acquisition in Nigeria and argues that Nigeria should place national interest above sweet-coated globalisation principles
This write up examines the law and practice of Oil Bloc Acquisition in Nigeria. An attempt would be made to put [...]

Weakness lumped on back boiler


The JSE put Thursday’s weakness on the back boiler to surge by 160 points on the back of a better US performance in the face of the terror threat and positive outlooks for local companies on the earnings front.
The all share index closed 0.78 percent higher. Resources rose 0.80 percent, the platinum mining index surged [...]

Improved earnings expected from gold companies, but costs a worry


Higher gold prices have paved the way for South African gold-mining companies to report “much improved” quarterly results for the June quarter, gold-company analysts tell Mining Weekly Online.
Those canvassed agree that the “very strong” rand gold price, which is up 19% quarter-on-quarter, will translate to improved earnings across the board, but that operating costs and [...]