Vedanta unit Sesa Goa under fraud investigation
Date: 2009-10-30 12:31:09
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Indias Sesa Goa, a $5-billion unit of London-listed Vedanta Resources, is being investigated by the Indian government for financial and other irregularities, sending its shares down as much as 6%.Indias largest iron-ore exporter said it and...
SNR aims to start large-scale coal sales by mid-2010
Date: 2009-10-30 12:31:09
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Strategic Natural Resources (SNR), which owned 74% of South Africas Elitheni Coal, had achieved its first revenues from coal sales and had made significant progress towards starting large-scale coal sales by the second half of 2010.SNR CEO R...
Braemore’s shares suspended on Aim
Date: 2009-10-30 12:31:09
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The shares of JSE-listed nickel and platinum producer Braemore Resources was suspended on the Aim on Thursday, pending a court hearing to sanction the acquisition of the company by platinum-miner Jubilee.Braemore shareholders had approved th...
BHP may seek more JVs, warns on sluggish recovery
Date: 2009-10-30 12:31:09
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BHP Billiton, the worlds biggest mining company, said a recovery from the global downturn was expected to be weaker than in previous recessions.It is our view that we will come out of this recession less strongly than in previous cycles, CE...
Riversdale resumes parts of SA anthracite ops
Date: 2009-10-30 12:31:09
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Riversdale Mining resumed most of the operations at its Zululand Anthracite Colliery in South Africa, which were suspended after a methane explosion at the mine, a senior official said on Thursday.The collierys COO, Andries Engelbrecht, said...
Firestone says SA coal prefeasibility study nearing completi
Date: 2009-10-30 12:31:09
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Newmont quarterly earnings double
Date: 2009-10-30 12:31:09
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Denver-based Newmont Mining earned $388-million in the third quarter, compared with net income of $191-million a year earlier, helped by surging gold prices, lower production costs and increased volumes.Revenue in the quarter rose to a best-...
BHP Receives 74 WA Safety Orders Since March
Date: 2009-10-30 09:54:45
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Ormonde, Antofagasta Collaborate for Exploration in Southern
Date: 2009-10-30 09:54:45
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Mounting Debt Leaves Mining Sector in the Lurch
Date: 2009-10-30 09:54:45
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In 13th, December, 2010, shanghai pudong new district government hold the Symposi...
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