Archive | June, 2011

Where there’s muck, there’s brass

The eyes of the mining industry are on the flotation of Glencore International. How will the newly quoted business invest the billions it raises in equity? Glencore International, the world’s biggest commodity trader by revenue, floated its shares in London and Hong Kong last month and instantly came under the public scrutiny to be expected [...]

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A new dawn for Sierra Leone

A new dawn for Sierra Leone

The launch of London Mining’s Marampa mine is geared towards promoting economic growth, boosting local business and high investment returns Many companies claim to be pioneers, but London Mining has a stronger claim than most. “We are restarting production at the historic Marampa iron ore mine in Sierra Leone in Q3 this year. It will [...]

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A buying opportunity?

A buying opportunity?

Gold mining shares may have fallen but the appetite for gold itself has soared and it looks set to stay strong, according to experts at Baker Steel Capital Managers Weare witnessing an unprecedented divergence between the performance of gold equities and gold prices. Gold and gold mining shares have long been closely correlated; however, gold [...]

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Mining

Mining stocks have leapt 50 per cent in a year but can it last. Our report on the global industry analyses the threats and opportunities facing mining over the coming year. We look at the current make-up of the industry and assess the impact of emerging markets companies which account for an increasingly large share [...]

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The frenzy begins

There are just 17 of them and they are tough to extract, but the elements known as rare earths are essential to the manufacture of smartphones and other technologies and demand for them is soaring Rare Earth metals are getting a lot of people very excited. An alliance of three of the world’s leading business [...]

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Double jeopardy

When the Bribery Act 2010 comes into force next month companies will not only have to avoid the crime but must take steps to prevent it, too One of the many challenges facing the global mining industry is that natural resources businesses cannot choose where they wish to be based. Since many of the resources [...]

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National treasure

Resource nationalism is not a new issue for the global commodities market, but it is rapidly becoming a major concern in the mining sector In the 1970s, it was common for oil and gas companies to be under state control through taxation, nationalisation and even international cartels. Mining in this period as a whole escaped [...]

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Riches beyond gold

Riches beyond gold

A vast deposit of nickel unearthed by its geologists in Tanzania is set to be the making of one small UK company It sounds like the old, sad story: the prospectors who went looking for gold and only found nickel. Except that this tale has a US$22 billion (£13.6 billion) happy ending that should transform [...]

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March on the maple leaf

The London Stock Exchange bid for the TMX Group would create the largest resource exchange in the world. TMX is keen but shareholders could have a different view The fight continues over the Toronto Stock Exchange (TSE) but the battle has turned nasty. The London Stock Exchange (LSE) is still very much in the running [...]

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Riding the supercycle

Having emerged bullish from the recession, the mining industry faces fresh challenges in adapting to the complex patterns of global demand Mining is an industry being fed today by a so called supercycle of demand for commodities across the globe. It was in a period of consolidation ahead of the 2008 financial crisis, but for [...]

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