Former Chinese coal boss gets life in jail for graft
Reuters reports a former senior executive at China's No. 3 state-owned coal producer has been sentenced to life imprisonment for accepting bribes, state media Xinhua said on Sunday.
Reuters reports a former senior executive at China's No. 3 state-owned coal producer has been sentenced to life imprisonment for accepting bribes, state media Xinhua said on Sunday.
News reports on Saturday say Rio Tinto's Zimbabwe subsidiary Murowa Diamonds has ceded 51% of its equity to comply with a new law that requires Zimbabweans to own the majority of foreign companies. Rio Tinto says on its website it has completed a feasibility study and received environmental go-ahead to expand Murowa production 8-fold at a cost of $200 million. Saturday's report cast serious doubts on whether the investment, which requires foreign capital, would now be made. It appeared in recent weeks as if Zimbabwe was soft-pedalling the indigenization laws, but Rio Tinto's capitulation has now put pressure on Impala Platinum, struggling to hold onto its $20 billion worth of reserves in the country.
Australia's retail investor portal Switzer answers these questions: I own BHP Billiton shares and I have heard there will be a buy-back. What is it? Why are they doing it? And if people want cash rather than shares why don’t they just sell them when they like?
Centralia, Pennsylvania is a small borough and a complete ghost town. In 1981, one thousand people called it home; in 2007, there were nine. What chased away the population of this small town? A burning mine fire beneath the borough that has been burning since 1962.
year. He doesn't spend a lot of time... TAGS: 9/29/2011 article Alberta to probe aboriginal health near oilsands (Alberta) -- The Alberta government has agreed to study the health of aboriginal people and their communities downstream from the
As the US State Department holds its final public hearing today on the controversial Keystone XL pipeline, one observer notes that the debate between the pipeline's supporters and detractors is being framed in more ideological terms than in a manner that actually weighs the pros and cons of the project:
A new report from research firm TNS could have implications for mining. A survey of affluent households around the world — defined as greater than $100,000 — found that 80% of the world's wealthy live in Western countries.TNS's Global Affluenty Investor study conducted interviews across 24 markets including China, Brazil and India.
Poor geological conditions in Sichuan region, which frequently suffers landslides and flooding due to the precipitous slopes and poor ground stability, are now facing worse conditions due to mining.
The Chinese government, in an effort to maximize exports and minimize US imports, prints their Yuan to buy dollars.
Queensland Premier Anna Bligh is encouraging Queenslanders to explore their training and employment opportunities in the resources boom through a media-wide advertising campaign, reports Australian Mining.
QLD Premier Anna Bligh said in a statement the Government expected as many as 38,000 construction and operation jobs to be created in the resource industry between now and 2015. She said the Government also estimated there were up to 3,500 current vacancies in the industry. “I want every Queenslander to have the chance to gain from this boom and that is what these ads are designed to help them do,” she said. Bligh said the advertisements would direct people to the Government’s opportunities website where they could register for the Resources 101 course, get information on upcoming work expos, and search for jobs.