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CIC To Buy Equity Stake Teck Resources, China To Increase Investment In The Mining Sector
Teck Resources is a mineral exploration mining activities have a very knowledgeable. Teck mining company that produces zinc, copper, coal and metallurgy. To maintain the existence of the company and support the mine operations company, Teck will sell some equity stake to the state-owned China Investment Corp. (CIC). Equity stake sale is expected to pay [...]
Mine Demand Analysis, Sales Results and The Future of The Mining Companies
Mining giant Rio Tinto is hiving off assets to pay down $US40 billion ($57 billion) in debt after BHP Billiton withdrew a $US66 billion bid, but in these turbulent times, who’s buying?
Zinc remains a solid investment as China’s demand grows nearly 10 per cent
Despite fears that China may return to its past as a net exporter of zinc, the commodity is still a solid bet for investors looking to cash in on the growing demand for the metal used to prevent steel from corrosion, experts say.
China’s demand for slab zinc is expected to grow 9.5 per cent [...]
Russia approves TNK-BP’S Kovykta drilling programme
Russia’s technical standards agency said on Monday it had approved a drilling programme by BP’s Russian venture TNK-BP at the Kovykta gas field, but the decision is unlikely to ease state pressure on the project.
RosTekhNadzor, a part of the Ministry of Natural Resources, said it had approved the plan of Rusia Petroleum, the TNK-BP subsidiary [...]
Russia approves TNK-BP’S Kovykta drilling programme
Russia’s technical standards agency said on Monday it had approved a drilling programme by BP’s Russian venture TNK-BP at the Kovykta gas field, but the decision is unlikely to ease state pressure on the project.
RosTekhNadzor, a part of the Ministry of Natural Resources, said it had approved the plan of Rusia Petroleum, the TNK-BP subsidiary [...]
