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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
Vedanta Group, Mining Companies Golden Steps in Mining and Metal Industry
India’s Vedanta group is scripting a success story in mining sector with its brave decisions to acquire new companies even though the global meltdown has wreaked havoc in metal sector.
Mining Exploration Result Demand Slowdown, Nickel, Zinc, Copper Fall as Slumping Demand Boosts Inventories
Nickel, zinc and copper fell as a global economic slowdown weakened demand for industrial metals used in manufacturing and construction.
Copper Mine May Rise to Between $1.60 a pound and $1.70
Copper may not rebound past $2 a pound after an international credit crisis hammered speculators, according to Santiago Gonzalez, Chile’s mining minister.
Mining Companies Can’t Stop Mine Production as Demand Global Industy Growth
The world’s biggest mining companies are cutting expansion plans by about $200 billion as prices of metals, demand from factories and funding for projects collapse.
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 [...]
Russian Aluminum Tycoon Buys 25% of Nickel Giant
The aluminum tycoon Oleg V. Deripaska said Thursday that he had bought 25 percent of the Arctic mining company Norilsk Nickel, a deal that furthers Mr. Deripaska’s quest to consolidate the Russian metals and mining industry.
The transaction continues a pattern in Russia of uniting companies separated in the breakup of the Soviet Union and the [...]
Norilsk Nickel acquires LionOre for $6.8B as stockholders tender shares
Norilsk Nickel, the world’s biggest producer of the metal, said Friday that shareholders with 90 per cent of Canada’s LionOre Mining International Ltd. stock (TSX:LIM) have accepted its C$6.8-billion offer.
That paves the way for the full takeover of the company in the biggest-ever foreign acquisition by a Russian enterprise.
With its offer for LionOre, which has [...]
RSX Provides U.S. Investors With Access to a Portfolio of 30 Russian Companies Traded on Global Exchanges
New York-based asset manager Van Eck Global today launched Market Vectors-Russia ETF, a new exchange-traded fund (ETF) that is listed on the New York Stock Exchange (NYSE). The fund is the first ETF listed in the U.S. that enables U.S. investors to gain exposure to a broad spectrum of Russian companies.
