Publication Navigation
Mining Journal
MJ Investor Seminars
Mining Magazine
Mining Environmental Management
GeoDrilling International
World Tunnelling
Trenchless World
Site Navigation
Log In
Breaking News
Latest Issue
Read more...
Comment
Company News
Reports
Supplements
Events
Free Online Trial
Subscribe
New! - Find Experts
Bookshop
Contact Us
Articles By Section: Finance
This page lists all articles in the Finance section. Bookmark this page or subscribe to the RSS feed to see new articles as they are added.
Deals intensify
The pace of deal activity is intensifying in the mining and metals sector. The value of pending deals is already four times the US$40.6 billion generated in the first half of the year, and the pace of this activity "will continue to accelerate", according to Ernst & Young in its latest Global Mining & Metals Transactions Report.
Pan African generating strong cash flow
Pan African Resources plc, the South African gold miner, generated £18.3 million (US$28 million) in cash from operating activities in the year to end-June, boosting the bank balance to £12.8 million, over five times what it was a year ago.
Stockpile: Vedanta hurt by Indian government rejection
Again suffering from negative press, Vedanta Resources plc was this week’s biggest loser on the London main market, falling a further 9% to continue a dreadful August.
Oz Minerals profit higher
A strong performance from Oz Minerals Ltd’s Prominent Hill gold-copper mine in South Australia has guided the company to a A$405.7 million (US$350 million) net profit for the first half of 2010.
Lihir approves merger
Lihir Gold Ltd’s shareholders have overwhelmingly approved an A$10 billion (US$9 billion) takeover by Newcrest Mining Ltd.
Glencore profit
Commodity trader Glencore has reported a 42% increase in profits for the first half of calendar 2010 compared with a year earlier.
Kolwezi controversy deepens
The controversy surrounding the disputed Kolwezi tailings project in the Democratic Republic of Congo (DRC) has deepened following a deal that provides Eurasian Natural Resources Corp (ENRC) with indirect control of the venture.
Chalco H1
Aluminium Corporation of China Ltd (Chalco) achieved an attributable profit of RMB531 million (US$78 million) in the six months to end-June as revenue increased by 114% to nearly RMB60 billion.
Hyundai, Samsung buy into Ambatovy nickel mine
State-owned Korea Resources Corp has sold a 5% stake in the Ambatovy nickel project to three Korean companies for US$140 million. The buyers are Samsung C&T, Hyundai Heavy Industries and Hyundai Corp.
Agrium bid recommended
Australia’s AWB Ltd has recommended a A$1.2 billion (US$1.1 billion) cash offer from Agrium Inc, North America’s third-largest fertiliser producer.
Wesizwe gets Bank of China support
Wesizwe Platinum Ltd has received an interim funding facility of R91 million (US$12 million) from the Bank of China ahead of more comprehensive funding from recently announced Chinese partners.
READ ALL OF THE ARTICLES FROM THE ARCHIVE IN THIS SECTION
Site Search
Log in
READ THE LATEST PRINT EDITION:
27/08/10
Concern for health of trapped Chilean miners
Labour union against wholesale nationalisation of South African mines
Kolwezi controversy deepens
Kloppers embarks on international road show
Australia’s mining tax hangs in the balance
SEARCH FOR NEWS BY COMPANY
Recently Created or Updated Company News Portals
Hinde Capital: Company Added (2010-09-02)
Linc Energy: Company Added (2010-08-31)
Lake Shore Gold: Company Added (2010-08-31)
JCI: Company Added (2010-08-31)
International Base Metals: Company Added (2010-08-31)
Click here log into your Company News Portal
READ IN-DEPTH REPORTS
Recently published Reports:
Powering the demand for energy
Minor Metals: Snap recovery
Looking for transparency
e3 Plus: Practical guidance for exploration
Sino-rhythm
Browse the full Reports database.
SPECIAL FEATURES
Mining Journal Fund Fundamentals - Complete Archive
Minor Metals - Complete Archive
Mining Journal London Stockpile - Complete Archive
Editor's Comment - Complete Archive
Mining Journal LegalEase - Complete Archive
Ken Gooding's Fifth Column - Complete Archive
Tunnel Talkback - Complete Archive
Comment
CLXXV
Production and Markets
Concern for health of trapped Chilean miners
Vedanta’s Orissa mining plan rejected
Review of Western Australian uranium regulations
Copper misses
Exploration & Development
Updated Burnstone resource rises to 20Moz
Rambler plans Ming build
Consultant updates Cudeco's Rocklands
Lake Giles assays
Finance
New World reinstates dividend
Labour union against wholesale nationalisation of South African mines
Rio asserting control
Macarthur to expand in Queensland’s Bowen Basin
Fifth Column
Happy birthday
Reports
A Communication of Mining
Minor Metals: Snap recovery
Powering the demand for energy
People and Appointments
Bellzone welcomes Humphry
Continental changes
Smith quits
Gill replaces Scanlan
RESOURCE NEWS
Aluminium
Coal, Oil Gas and Petroleum
Copper
Diamonds
Gold
Industrial Minerals
Iron Ore
Lead
Molybdenum
Nickel
Platinum Group Metals
Silver
Tin
Uranium
Zinc
REGIONAL NEWS
North America
Latin America
Caribbean
Europe
Central and Northern Asia
Middle-East Asia
South-East Asia
North Africa
Central and East Africa
Southern Africa
West Africa
Australasia