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Australian Mining Sector Forecast Iron Ore and Copper Mine Production Increase To June 2010
Australia forecast a strong rise in iron ore production and a 10 percent jump in copper mine output in the year to June 2010, even after factoring in a more prolonged economic slump that has already triggered supply curbs.
Australian Mining Companies Forecast Strong Increase Iron Ore-Copper Mine Production
Australia forecast a strong rise in iron ore production and a 10 percent jump in copper mine output in the year to June 2010, even after factoring in a more prolonged economic slump that has already triggered supply curbs.
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 [...]
Troubles Run Deep on Gulf Oil Platform
The day after massive Hurricane Dennis churned through the Gulf of Mexico in July 2005, a commercial vessel traveling past BP PLC’s hulking Thunder Horse oil platform radioed the bad news to its owner: The platform’s top deck was listing into the water.
When a landing party from BP arrived at the platform two days later, [...]
The nickel of Norilsk offers C$4.73 billion for LionOre
OAO GMK Norilsk Nickel, the world’s largest nickel producer, offered C$4.73 billion ($4.28 billion) to buy Canada’s LionOre Mining International Ltd., seeking to break up Xstrata Plc’s agreement to buy the Canadian company.
Norilsk’s offer of C$21.50 in cash is 16 percent more than the C$18.50-per-share offer made on March 26 by Zug, Switzerland-based Xstrata. Norilsk’s [...]
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.
China’s Uranium Equivalent to the Strategic Petroleum Reserve
Like every other country that is in the midst of building nuclear reactors, China is scrounging to secure future uranium supplies. Its Commission of Science, Technology and Industry for National Defense just came out with a report that emphasized the need to mine its own uranium oxide.
While China had finalized an agreement with Australia last [...]
Mindoro Resources Ltd.: Update From Agata Nickel Laterite Project
Mindoro Resources Ltd. is pleased to provide an update from the Agata nickel laterite project, where five coring drill rigs are in operation. Both limonite and saprolite horizons of the laterite are substantially thicker than anticipated, not only increasing tonnage potential, but also expanding market potential for the higher-value nickel material in the saprolite [...]
Armtec Infrastructure Income Fund delivers revenue and cash flow growth for 2006
Armtec Infrastructure Income Fund today reported financial results for the year and fourth quarter ended December 31, 2006 and finishes the year on a positive note.
“2006 was a very important year with several key accomplishments as we continued to execute on our growth strategy. Operating results improved in every measure of performance as we benefited [...]
