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China to Invest Billions Dollars in Canadian Mining Company
One of the Asian economic superpower, China secretly increase investment in Canadian mining company. China investments through the purchase of Canadian mining company shares. China Investment Corp. already has a gold mining company shares Canadian Kinross Gold Corp. (K-T17.87-0 .68-3, 67%) and Potash Corp. of Saskatchewan, (POT T109.34-1-.71-1, 54%).
Gold Price Rallies as Macquarie Raises 2010 Gold Forecast to $1,150
The price of gold has settled into a lower range after climbing into the all-time high of $ 1226 per ounce as gold prices and gold mining stocks have been facing the headwind of a stronger U.S. dollar. Correction recently gold prices have fallen $ 115 from the high-December 3 this morning for a low [...]
Gold Prices Declines From Record in Asia as Rally Encourages Selling
Gold prices dropped for the first time in three days in Asia as some investors sold the metal to lock in gains after its rally to a record and as the dollar advanced.
Bullion’s 14-day relative strength index has held at more than 70 since Nov. 13, a chart signal that gold prices may be set [...]
Black Fire Minerals acquires Karibib Lithium Pegmatite Project in, Namibian
Diversified resources company Black Fire Minerals has snapped up the Karibib Lithium Pegmatite Project from Australian private company Sunrise Minerals in a deal worth about $455,000.
The acquisition will be facilitated via Black Fire purchasing Sunrise’s private Namibian subsidiary Starting Right Investments Ninety Four, which is the holder of the Karibib Project Exclusive Prospecting Licences EPL3750 [...]
Bright International Group To Buy Gold Mines Of China $ 956.1 Million
Bright International Group Ltd will buy the eight gold mines in China. Eight gold mine that will be purchased 7:41 valued billion Hong Kong dollars (U.S. $ 956.1 million). Bright International said on Sunday plans to buy six mines in Hebei province of the Gold Mark Enterprises Ltd. in a deal valued at HK $ [...]
Mining Exploration and Mine Expansion Investment in Mexico Drop 25.3 percent in 2009
Investment in new exploration projects and mine expansions in Mexico will drop 25.3 percent in 2009 to $2.73 billion, compared with a year ago, as the financial crisis hits credit and metals prices, the national mining chamber said on Thursday.
African Rainbow Minerals, Allocate R8 Billion Mining Investment In Zimbabwe
African Rainbow Minerals, a mining company based in the South African, mining investment plan worth R8 billion in Zimbabwe. Mining investment in Zimbabwe is a significant investment option because of the growth of the mining sector in Zimbabwe has a bai prospects. Mining investments done because ARM requires exploration of mines platinum, manganese, iron ore, [...]
Sector Investment Manager To Provide Funds For Development Of Gold Mining And Uranium
Small-scale mining companies are mining companies that have the potential to be developed well, and have a future with the most potential for growth. But the constraints faced by small-scale mining companies are funding to develop the mining exploration operations. To help small-scale mining companies, launched the Sector Investment Manager investment financing program for small-scale [...]
Reports Growth Mining Industry Sector In Philippines
Mining industry sector is a sector that can help a country to increase state revenues and overcome the global economic crisis today. Setkor mining industry that can improve the current state of opinion adala mining gold and silver. Philippines have certain expectations on the two gold mines to be operated this year. Two gold mines [...]
