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Bolivian Government Makes Assurances Over Mining Nationalisation

Bolivian Government Makes Assurances Over Mining Nationalisation

Coeur d’Alene Mines Corporation has insisted that it has assurances from the government of Bolivian President Evo Morales that its silver mine at San Bartolomé will not be nationalised following…

April 15, 2011No CommentRead More

Aussie Bet on Rare Earth Demand Pays Off

Aussie Bet on Rare Earth Demand Pays Off

Rare Earths are 17 chemically similar elements that are increasingly being used by manufacturers of flat screen tvs, ipods, computer systems, and sonar systems, that include neodymium, cerium and lanthanum. An…

March 8, 2011No CommentRead More

BHP Billiton Bet on US gas prices increasing – plans to buy Chesapeake Shale Assets

In what may become a stroke of corporate brilliance, or a gamble, BHP Billiton today announced it will purchaseChesapeake Energy Corps Arkansas shale gas assets for $4.75 billion in cash.…

February 22, 2011No CommentRead More

Fortescue (FMG) Profits surge, Pays Shareholders First Dividend

One of Australias largest, and most talked about mining companies, Fortescue, have today reported a massive 628% increase in first half profits on the previous reporting period. Consequently, a maiden…

February 18, 2011No CommentRead More

BHP Billiton Profit Rises 72%

On the back of commodity price rises, BHP Billiton, the worlds largest mining company, today announced a massive 72% rise in profit for the first half of the financial year.…

February 16, 2011No CommentRead More

Lanzatech Signs Deal with Henan Coal for Biofuel

Lanzatech Signs Deal with Henan Coal for Biofuel

At the beginning of September 2010, LanzaTech and Henan Coal and Chemical Industrial Corporation (HNCC) signed a deal in Zhenzhou, China, regarding the use of coal to produce ethanol fuels…

September 14, 2010No CommentRead More

Australia: Mining “Super-Tax” to be Introduced in July 2012

Australia: Mining “Super-Tax” to be Introduced in July 2012

The Australian government is planning to introduce a 40% tax on profits of natural resource extraction in the Antipodean state. Taking effect from 1st July 2012, the tax will apply…

June 2, 2010No CommentRead More

Jade Art Group Full Year Financial Results

Jade Art Group Full Year Financial Results

Jade Art Group, an exporter of raw jade from China, has announced decreased profits in the year to December 2009. The company transports the semi-precious stone for use in construction…

May 18, 2010No CommentRead More

TSX:KRI & Mongolia: President Suspends Issuance of New Mining Permits

The Mongolian President, Elbegdorj Tsakhia, ordered all new mining permits and transfers to be halted in Mongolia until a new law can be passed to prevent attempts to “exert pressure…

April 28, 2010No CommentRead More