The African National Congress Youth League President hopes to gain 60% of the Anglo American mining company in South Africa. Julius Malema said that what Anglo American did with the other 40% was their own business at a gala dinner on Friday in Nelspruit. He also responded to the query about nationalization of mines in the nation by saying that it would happen in his lifetime.
David Peever, the managing director of Rio Tinto in Australia, has decried the proposed carbon tax as potentially disastrous. He said that the Carbon Pollution Reduction Scheme (CPRS) of Kevin Rudd was not an appropriate starting point for discussions in 2011 as he apprised the Julia Gillard government on the demand for more generous compensation and industry protection.
A decision of a South African court to allow miners suffering from lung disease to sue their employers may spell millions of dollars in damages to the mining industry. A recent ruling of the Supreme Court ordered a mining firm in Johannesburg to pay compensation to the family of a dead miner. This overturns a law which prohibited mine workers with lung diseases from claiming compensation.
The role of China in global mergers and acquisitions in the mining sector has been overstated as per a new report. A PricewaterhouseCoopers report by Tim Goldsmith said that the US and Canada were far ahead of China when it came to global mergers and acquisitions in the mining sector.
In a report published by the Fraser Institute, British Columbia is placed at the 39th on international mining jurisdictions. Only Nunavut and Northwest Territories ranked below B.C.
NW Tech Capital Inc. (PINK SHEETS:NWTT) subsidiary Canada Corp. announced today that it's looking into expanding its exploration portfolio with a potential new deal.
Cap-Ex Ventures Ltd. (TSX VENTURE:CEV) has announced that it has received regulatory approval to close its purchase and sale and royalty agreement between the Company and Mandu Resources Ltd., Bedford Resources Partners Inc. and 743584 Ontario Inc. to acquire a 100% interest in the Schefferville Properties, comprised of Block 103, Block 44 and Lac Connelly covering a combined area of 9,050 hectares in the Labrador Trough.
Fire River Gold Corp. (TSX.V: FAU; OTCQX: FVGCF; FSE: FWR) has presented a corporate update for the Nixon Fork Gold Mine Project and to announce a non-brokered private placement.
Guyana Frontier Mining Corp. has entered into a definitive private placement and property rights agreement with Teck Resources Limited of Vancouver, B.C., pursuant to which Teck has purchased 7,000,000 units of Guyana Frontier, each a "Unit", at a price of $0.35 per Unit for total gross proceeds to Guyana Frontier of $2,450,000, and Guyana Frontier has granted Teck certain rights in respect of its exploration properties located in Guyana, South America.
Labrador Iron Mines Holdings Limited (TSX:LIM) has reported a new resource estimate for its Denault deposit, located in Quebec, about 6 km northwest of the town of Schefferville.
Terms
While we only use edited and approved content for Azthena
answers, it may on occasions provide incorrect responses.
Please confirm any data provided with the related suppliers or
authors. We do not provide medical advice, if you search for
medical information you must always consult a medical
professional before acting on any information provided.
Your questions, but not your email details will be shared with
OpenAI and retained for 30 days in accordance with their
privacy principles.
Please do not ask questions that use sensitive or confidential
information.
Read the full Terms & Conditions.