August 13, 2011

E and Y: Mining at risk

Resource nationalism is the greatest business risk faced by mining and metals companies around the world. This is the key finding in the latest 'Business Risks' report from Ernst &…

August 13, 2011

Stockpile: Gold companies take advantage of improving market

Mining companies on London’s main market showed improvement this week to recover some of the significant losses that have hampered global stocks during August.

August 13, 2011

EPA to Power Industry: Don’t Worry About Reliability, We Can Grant Waivers

Even an article in the New York Times is characterizing the spate of EPA regulations, recently issued or coming shortly, affecting the electric power industry as a “cascade.” Regional power…

August 13, 2011

Another shooting incident at AngloGold Ashanti Obuasi Mine

There has been another shooting incident at the AngloGold Ashanti Obuasi Mine during which 23-year-old Kwame Eric of Binsere, near Obuasi, was shot by a detail of a private security…

August 13, 2011

Rusal plans to export 240000 tonnes of alloys for automotive industry in 2011

Interfax reported that UC Rusal plans to export 240,000 tonnes of primary foundry alloys in 2011 for the automotive industry. Those exports about to roughly 24% of Rusal total expected…

August 13, 2011

Modest losses at Chilean copper mine during strike

The mine operated and controlled by BHP Billiton Limited said that the 15 day illegal strike at the Escondida copper mine in Chile didn't have a relevant impact. As Escondida…

August 13, 2011

Kenya set to issue a gold mining lease to Goldplat

Kenyan government will in October issue London listed Goldplat a lease to exploit the large gold deposits at Kilimapesa gold site in Narok County. An official at Kenya's ministry of…

August 13, 2011

UC Rusal holds talks with Guinea to develop bauxite deposit

Bloomberg reported that United Company Rusal in talks with the government of Guinea on terms to develop the Dian Dian bauxite deposit. Mr Vladislav Soloviev first deputy CEO of Moscow…

August 13, 2011

Over 10000 people benefit from RUSAL ALSCON water project

RUSAL ALSCON, the Nigerian subsidiary of United Company RUSAL announced the completion of 7 water projects to complement the existing three projects that provide potable water for over 10,000 people…

August 13, 2011

China demand for resources to rise

China will need large quantities of Australian raw materials as its industrialisation and urbanisation race ahead, despite concerns about weak global economic conditions, Australian Trade Minister Craig Emerson said on…