Glencore-Xstrata deal hits South African snag
Glencore has extended the deadline to complete takeover of Xstrata (LON:XTA) by a month after South African power utility Eskom expressed worries about its coal supplies.
Latest Stories
GE introduces new dust control solutions for coal handling operations in North America
GE (NYSE: GE) introduced a new line of products in North America designed to maximize the value of coal brought into power plants by reducing material losses and mitigating fuel degradation brought about by oxidation.
Mining technology innovator Maptek appoints new representatives in Asia
Mining technology developer Maptek has appointed resellers for its Vulcan geological modelling and mine planning software in Mongolia and India.
Nautilus rockets 27% as investors speculate on what’s next for seabed mining
Work off PNG has stopped, but international waters beckon.
Renewed interest in gold as a financial asset
Central banks fueled the supply of gold by 400-500 tons per year on average between 1989 and 2007, they are now increasing demand by the same factor.
At least one technical trader is calling a ‘rip-your-face-off’ rally in gold stocks
Volatile but profitable.
SGS’ Newly Expanded Multi-Purpose Facility In Vancouver, Canada Is Open And Accepting Samples
The Vancouver area facility will incorporate a full range of the latest testing, inspection and verification services to cover your project needs from early exploration, through resource development, production, trade to closure.
Profiting from the dismal state of gold miners and explorers
It costs $100,000 just to cover the public company filing fees, pay for the financial audits, and share an office and phone line. If you have a secretary, president, and geologist on staff you’re looking at around $400,000 a year minimum.
FLSmidth to deliver gold processing plant to Russian customer
The scope of supply includes a complete gold processing plant, excluding grinding mills.