Search Results
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 [...]
Mining Exploration Result Price, Increase Price Of Iron Ore Mine Will Increase The Price Of Steel
Agreement big mining company, rio tinto and Asia consumer about increase of the iron ore price, enables the happening of indisposed emulation in sale of commerce process of mining products in world mining products market, especially iron ore mine proceeds sale.
Increase of the price iron ore mine will result the happening of increase the price [...]
Chinese Expand Mining Investment in Zimbawe
Chinese investors who were part of a recent visiting delegation are eyeing significant investments within Zimbabwe’s gold and platinum sectors, the Herald Business has gathered.
While no figures could be obtained, this paper understands that the Chinese are admirers of Zimbabwe’s mining industry, and were keen to pour in money.
The 22-member delegation, which consisted of mining, [...]
Reached Record Levels Mining Industry Company Merger & Acquisition
Merger and acquisition (M&A) activity in the mining industry reached record levels last year and 2008 is set to be the year of super consolidation, with the global credit crunch having little effect, a new report says.
In 2007 the number of mergers and acquisitions soared by 69 per cent, from 1,732 deals in 2006, PriceWaterhouseCoopers [...]
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, [...]
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 [...]
Steel maker shortage stalls energy project completions
Stalled Louisiana energy projects, including refinery and petrochemical expansions, are rebounding after a 2003 oil price crash. But the lack of qualified steel manufacturers has slowed project completions, according to analysts and energy managers.
“More Louisiana energy products are being green-lighted than ever before,” said John Anton, director of steel services at Watham, Mass.-based investment firm [...]
Soaring costs take shine off oil bonanza
The cost of building and developing offshore oil and gas projects has risen by more than 50 per cent over the past few years, one of the world’s leading energy consultancies has warned. The huge surge in cost has been overshadowed by the record profits the oil majors have generated in recent years.
Last week, ExxonMobil, [...]
Gold Price Outlook a key topic of Wall Street Transcript Gold Issue
The Wall Street Transcript has just published its Gold issue, a report offering a timely review of the sector to serious investors and industry executives. This 88-page feature contains a roundtable panel and industry commentary through in-depth interviews with top management from 22 firms. This issue also contains an “Off the Record” Review of Management [...]
