BHP Billiton has signed a Heads of Agreement with Leighton Holdings to acquire the HWE Mining subsidiaries that provide contract mining services to its Western Australia Iron Ore operations. The H... more
Intierra Resource Intelligence has released updated figures on foreign mining investment levels in China. The Intierra mining database identified that more than 60 companies with primary list... more
The price of gold Monday soared to new record highs and reached parity with sister metal platinum for the first time since the end of 2008.
Spot gold leveled with the complex's most expensive met... more
Joining the list of Indian business groups making huge investments abroad, Essar Africa Holdings Ltd (EAHL) of the Essar Group on Wednesday said it plans to invest around $4 billion to set up... more
Resource nationalism is the biggest threat facing the mining sector this year and next as governments seek to take advantage of higher commodity prices to try to restore fragile finances, advisory... more
May 24 (Reuters) - Redstar Gold Corp said it bought a high-grade gold project in Alaska, sending its shares up as much as 10 percent, on Tuesday.
The company, which focuses mainly on gold explora... more
JAKARTA, May 24 (Reuters) - Indonesia's state utility firm Perusahaan Listrik Negara (PLN) said a consortium of Electric Power Development Co (J-Power), coal miner Adaro Energy and Itochu Corp... more
ADDIS ABABA, May 24 (Reuters) - India stepped up its push to deepen its economic ties with Africa and emerge from the shadow of rival China by offering $5 billion to help the continent rich with m... more
SHANGHAI, May 24 (Reuters) - China's Baoshan Iron & Steel Co Ltd expects to receive regulatory approval for its coastal Zhanjiang project this year, Chairman He Wenbo said on Tuesday, despite ... more
May 23, 2011 12:54:41 PM
JOHANNESBURG, May 23 (Reuters) - South African diversified miner Exxaro <EXXJ.J> bid $130 million in cash for Australia's Territory Resources <TTY.AX&g... more | Press Releases | New Contracts | Business Talk | Interviews |