Market Report: Rio Tinto mulls Canada venture
Investors must still remember its disastrous 23billion acquisition of aluminium giant Alcan in 2007, a bruising top-of-the-market deal when Rio itself was under pressure from industry rivals to either get bigger or be bought.
Woodall takes gig at Newcrest
Former Fortescue Metals Group operations director David Woodall has found a new home, accepting the job of turning around Newcrest Mining's troubled Lihir operations as part of a management shake-up associated with the departure of Newcrest managing director Greg Robinson later this year.
World Bank eyes $1 bln African resource mapping fund in July
CAPE TOWN , Rabi'II 5, 1435, Feb 5, 2014 , SPA -- The World Bank wants to launch a $1 billion fund in July to map the mineral resources of Africa , using satellites and airborne surveys to fill geological gaps across the continent where a lack of adequate data hampers mining investments.
Stocks in a Bear Hug: Centor Energy Inc (OTCBB:CNTO), MTN Group Ltd...
StockRunway.com issues special report on: Centor Energy Inc , MTN Group Ltd , IVANHOE MINES , BNP Paribas SA Centor Energy Inc opened its shares at the price of $3.08 for the day.
Ivanhoe Mines: Multi-Bagging... Again?
Mining exploration and development companies are risky investment propositions. These companies do not generate cash flow and their success hinges on finding a mineral deposit that can be economically developed into a mine; and then monetizing this deposit.