Home News Markets Page 287

Markets

China firm wins bid for Tanzanian iron ore mines

0
China's Sichuan Hongda will invest $3bn in a coal-fired power plant and two iron ore mines in Tanzania, the state-run National Development Corporation says.

Rio sets iron ore record, coal hit by floods

0
Rio Tinto's iron ore output has reached record levels due to Chinese demand, but coal production suffered from floods in Australia.

Majali case withdrawn

0
A case relating to the "hijacking" of a company was formally withdraw in court following the death of businessman Sandile Majali.

Belly up, but on the roll again

0
Miningmx journalist Brendan Ryan laments a horrible performance from his resource stock portfolio in 2010 and puts his choices for 2011 on the block.

Big drop in mine deaths

0
Some 128 mine workers died in 2010, which was a significant improvement from the previous year, says the Chamber of Mines.

Majali death certificate awaited

0
The National Prosecuting Authority is awaiting the death certificate of late businessman Sandile Majali as the police investigate the medication found in his hotel room.

State gears up for mining prosecutions

0
The heat is on mining CEOs to make greater strides in safety as the state is soon expected to enforce tougher sanctions, including previously mooted jail sentences.

Hostile bids set to rise in 2011

0
Hostile takeover bids are likely to multiply in 2011, as companies aggressively look for value despite notable failures and delays in completing recent unsolicited deals.

ArcelorMittal close to Aperam listing

0
ArcelorMittal is set to list its stainless steel unit Aperam at the end of January or in early February, according to sources.

Indian state firm targets SA resources

0
India’s state-owned MMTC is setting up shop in South Africa, with its sights firmly on securing coal and other commodities for the country’s resource-hungry economy.