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Timminco says to expand silicon metal production

Canadaa s Timminco Ltd said on Tuesday it was in talks with Icelandic power company Orkuveita Reykjavikur for a power supply contract for its planned silicon metal facility in Iceland, sending its shares up as much as 24%. Timminco, a silicon producer, said it has secured about US$1-million in convertible debt financing from Icelandic private ...

A resourceful climate sceptic

NEVER mind the science, follow the money. It is perhaps not well known that celebrated climate sceptic Ian Plimer is on several mining company boards - which earned him more than $400,000 over the past two years - and has mining shares and options worth hundreds of thousands of dollars more.

thyssenkrupp Q1 profit dips, beats expectations

Friday, February 12, 2010 at 1:12 a.m. FRANKFURT - German steelmaker thyssenkrupp AG said Friday that net profit in the September-December period dipped 2.4 percent from a year earlier, as a drop in sales prices offset a rise in shipped volumes, but forecast that demand would continue to improve this year.

Nationalization talk puts miners on edge

Geoffrey York CAPE TOWN, SOUTH AFRICA - Last updated on Tuesday, Feb. 02, 2010 10:02AM EST A powerful wing of South Africa's ruling party is pushing for the nationalization of at least 60 per cent of the country's mining sector, sending jitters through Canadian investors in Africa's richest economy.