MINING.COM

Chinese miner buys a $25 million stake in Malaysian iron ore mines

Chinese miner, Prosperity Minerals (PMHL.L), announced on Monday a US$25 million investment in Malaysian iron ore mines.

Michael Allan McCrae | February 12, 2012 | 10:57 pm

Germany and Kazakhstan ink $4 billion rare earths deal

A $4 billion rare earths deal signed this week between Germany and Kazakhstan is being criticized by human rights groups.

Andrew Topf | February 10, 2012 | 8:19 pm

Canada gets more than just pandas in black and white as Harper signs China uranium deal

Canada’s nuclear-energy industry generates some $6.6 billion in annual revenue, $1.2 billion in exports each year and employs roughly 31,000 people according to Harper's office.

Frik Els | February 9, 2012 | 3:37 pm

Chinese companies hurling headlong into Sunshine Oilsands IPO

Reuters reports that sovereign wealth fund China Investment Corp (CIC) and state oil company Sinopec are among three cornerstone investors that will pledge $350 million towards Sunshine Oilsands Ltd's Hong Kong IPO.

Andrew Topf | February 7, 2012 | 11:24 pm

Centerra Gold Kumtor Mine work stoppage

TORONTO, CANADA--(Marketwire - Feb. 6, 2012) - Centerra Gold Inc. (TSX:CG) announced that the unionized employees of its Kumtor operation in the Kyrgyz Republic have begun an illegal strike.

Marketwire | February 7, 2012 | 2:49 am

Sunshine Oilsands postpones $700m Hong Kong IPO, now wants ‘resource savvy’ Canadian investors

Sunshine Oilsands, a Calgary-based oil explorer backed by Chinese state-owned enterprises, has delayed the launch of a planned up to $700 million initial public offering in Hong Kong which would have been the biggest in Asia this year.

MINING.com Editor | February 4, 2012 | 11:55 pm

China secures Kalahari, paves way for Extract bid

China Guangdong Nuclear Power Corp (CGNPC) declared its offer for Kalahari Minerals unconditional on Friday, paving the way for it to launch a takeover bid for Extract Resources, owner of one of the world's largest uranium mines.

Reuters | February 4, 2012 | 12:55 am

Glenstrata: Not just mining’s biggest ever deal, a new kind of resource giant

Glencore International is in talks with Xstrata to merge in a deal that would create a $80 billion rival to BHP Billiton, Vale, Rio Tinto and China's Shenhua. Here's a wrap-up of what people are saying about the birth of the globe's first vertically integrated resource giant.

MINING.COM Staff Writer | February 2, 2012 | 8:31 pm

China’s gold output and demand could be far greater than ‘official’ data suggest

Comment from Jeff Nichols suggests that Chinese gold production and consumption may be considerably higher than the statistics released by the country would indicate.

Mineweb | February 2, 2012 | 9:36 am

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CHART: Make money in resources? Invest privately

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