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British taxpayers could net as much as $4.6 billion with the government’s sale of its stake in nuclear power giant Urenco, a move which aims to solidify the country’s policy to end national ownership of nuclear businesses.
This was the year for Australia’s mining boom Martin Ferguson hinted on Monday. The Resources Minister highlighted the end of the high commodity prices era that will force the country’s industry to increase its productivity and develop new technologies in order to remain competitive.
The unprecedented success of Australia's mining sector, which enabled the country to successfully weather the financial crisis and has triggered a surge in the Aussie dollar, may have caused irreparable damage to the Great Barrier Reef
Former electrician turned mining tycoon Nathan Tinkler has issued a further bid for the remainder of Australia's Whitehaven Coal Ltd., following a 17% plunge in the company's shares since Tinkler's first offer for the company on June 13.
Zijin Mining Group (HK:2899), China’s largest gold producer, announced on Friday that its bid for Australia’s Norton Gold Fields Limited (ASX:NGF) had successfully obtained approval from Australian regulators.
Bill O'Neill, former director of commodities research at Merrill Lynch, has said in a recent interview that crude oil prices have bottomed out, and that he expects a desultory recovery in prices from the third quarter of 2012 to the first quarter of next year.
One of the UK’s leading broadsheets has castigated the manipulation of gold prices by key market players, saying that the issue could explode into a bigger scandal than the Libor rate manipulation controversy.