Dr. Cameron Chai

Articles from Cameron

Trade Wars Predicted Over New Energy Materials

Declining reserves of energy minerals are pushing up prices for materials used in alternative energy sources. James Burnell of the Colorado Geological Survey is warning the Geological Society of America that the rare metals needed to build alternative energy generators will trigger a trade war.

2 Nov 2010

Full Steam Ahead for Hillgrove's Kanmantoo Copper/Gold Mine

Australian company Hillgrove Resources (ASX:HGO) has approved development of its Kanmantoo copper and gold mine in the Adelaide Hills.

1 Nov 2010

Atlas Iron Hits Targets 2 Months Ahead of Schedule

Atlas Iron increased iron ore shipments by 78 per cent in the September quarter and managed to meet its annualized export rate of over 6 million tonnes per annum in October 2010. This target was met 2 months before forecast.

1 Nov 2010

Whitehaven Coal Open to Offers

Whitehaven Coal (ASX:WHC) has begun the formal process of hunting for potential bidders for the company. The shares in the company soared after the board of directors decided that any potential buyers would be given full access to the financial data of the company as part of the bidding process.

29 Oct 2010

Xstrata Targets Sphere Minerals

Xstrata may make an unconditional offer for Sphere Minerals Ltd (ASX:SPH) at $428 million if it manages to gain a 50% stake in the company as per Xstrata Coal chief executive Peter Freyberg.

28 Oct 2010

BHP Cans Mining Activities at Dharawal State Conservation Area

BHP Billiton has decided to drop mining activities in the Dharawal State Conservation area located in the east of Australia. The area is being mined at the Appin and West Cliff mines by Illawarra Coal a subsidiary of BHP Billiton.

28 Oct 2010

Chile to Change Mining Royalty Rates

Chile is to make royalty changes in the mining industry, however Mining Minister Laurence Golborne dismissed fears that overseas investments would be affected. He said that the planned changes would not punish investment.

28 Oct 2010

Gold Fields Facing Strike at South Deep

Gold Fields, the South African mining company announced on Monday that the members of the National Union of Mineworkers (NMU) at its South Deep mine plan to go on a strike starting on Tuesday. The strike has been called due to a fight in the employee and management relations.

26 Oct 2010