The company said Monday it had been approached by the sale's advisor about participating in the $1.3 billion bid for French engineering company GTT but stated that talks were at a very early stage.
Gold's best chance for success should occur when the European debt drama has been aggressively dealt with by Europe's central bank and political leaders - Clif Droke says.
Recent trips to Africa have bolstered Chris Welch's conviction that mining plays in Africa are being overlooked, but it's not too late for investors to get in on the ground floor.
The metals lobby group is gearing up to meet with the European commission at the end of January to persuade it to grant the sector full exemption from the indirect carbon costs embedded in electricity prices.
The Russian steelmaker said Monday it will proceed with a planned listing of its Nord Gold mining unit in London after investors representing 10.6% of the share capital in the business participated in a share swap.
Dealers on the Kuala Lumpur tin market say the price of tin is likely to continue the strong performance that began last week with the bulk of demand coming from Europe
According to an Ipsos Apoyo poll, President Ollanta Humala's Cabinet shuffle following fierce protests against Newmont Mining's Conga project lifted his approval rating as it rose to 54% in January.
The country hopes the new platform will help strengthen its pricing power and wrest control from Vale, BHP Billiton and Rio Tinto, which between them control three quarters of global seaborne ore supplies.
Japan's largest copper smelter said Monday it aims to resume its Saganoseki copper smelter in about a month, after a fire damaged facilities and forced it to halt operations on Jan.7.
Baoshan Iron & Steel Co Ltd, China's biggest listed steelmaker, said on Saturday its 2011 net profit fell 43.4 percent to 7.3 billion yuan ($1.2 billion).
