August 2, 2011 Yanzhou Coal buys two Australian coal mines for $202 million Yanzhou Coal Mining Co. China's fourth-largest coal producer, yesterday acquired two Australian coal producers, Syntech Holdings Pty Ltd and Syntech Holdings II Pty Ltd, for A$202.5 million in cash.
August 2, 2011 Australia push for third Pilbara line Atlas Iron managing director David Flanagan says just 12 million tonnes of annual iron ore production is needed to underpin construction of a third Pilbara railway line running into Port…
August 2, 2011 Sono Resources make final cash payment for the copper, silver licenses in Botswana Canada's Sono Resources Inc announced on Tuesday that the final $100,000 cash payment for the year has been made and that Sono will now issue the vendors 6,500,000 common shares…
August 2, 2011 Energy Fuels acquires additional uranium and vanadium property in Utah The Crain property resource block is accessible through historic mine workings on Energy Fuels’ Calliham property acquired earlier this year. Engineering studies are currently underway to rehabilitate and develop the…
August 2, 2011 Woulfe Mining secures production permits for S. Korea tungsten mine Woulfe Mining Corp. announced Tuesday it has received permit approval for development of production at its Sangdong tungsten/molybdenum mine. The company’s primary focus is bringing one of the world’s largest…
August 2, 2011 Silver Falcon stock jumps 24%, pours first gold from War Eagle Mountain in over 100 years Silver Falcon Mining announced on Tuesday it had cast 17 troy ounces at War Eagle Mountain, making it the first report of precious metal smelting in over 100 years at…
August 2, 2011 Strike shuts down Canada-owned gold mine in Suriname Suriname's only commercial gold mine, the Rosebel Gold Mine which is majority owned by Canada's Iamgold, has been shut down by a strike by 1,100 workers protesting new longer shift…
August 2, 2011 Metorex to delist from JSE in early December Base metals miner Metorex is expected to delist from the JSE in early December, following the completion of a takeover by Chinese group Jinchuan which made a R9.1bn ($7.3bn) offer…
August 2, 2011 Rio tipped for $7.3bn profit Cashed-up Rio Tinto is expected to post a first-half net profit of more than $US8 billion, driven by prices of iron ore, aluminium and copper. The earnings season gets into…
August 2, 2011 Australia’s Beijing bind Australia's Treasurer Wayne Swan may soon have another foreign investment headache on his hands, as a Chinese entrepreneur says he has Beijing's backing to step around Australian investment rules and…
Precious metals craze prompts China fund to turn away investors UBS SDIC Fund had become increasingly concerned that investors could be exposed to heavy losses should a record-breaking bull market suddenly turn. December 27, 2025 | 08:00 am
