mining sector latest news

Mining sector enters deep value territory, says broker - Proactive Investors UK


Proactive Investors UK
Mining sector enters deep value territory, says broker
Proactive Investors UK
The UK's mining sector should be a hotbed for value investors given the recent underperformance, according to broker Jefferies. Miners are “attractively valued” at current levels even if the global economy and commodity markets drop back to the lows of ...
Mining Slump Feeds M&A as Projects Overrun Budgets: CommoditiesBloomberg
China iron ore market "steady as it goes" - RioReuters
Rio continues to expand iron ore businessSBS
Seeking Alpha
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Mining Sector: ATH shares tumble after it defers Glenmuckloch Eastern extension - Stock Market Wire


Mining Sector: ATH shares tumble after it defers Glenmuckloch Eastern extension
Stock Market Wire
Caledonia Mining (LON:CMCL) has signed two further agreements for the transfer of 20% of the Blanket mine in Zimbabwe to two indigenous trusts. These agreements have been made in accordance with the memorandum of understanding which was signed with the ...

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Frost & Sullivan: Mining CAPEX Stokes Demand for Facilities Management in ... - MarketWatch (press release)


Frost & Sullivan: Mining CAPEX Stokes Demand for Facilities Management in ...
MarketWatch (press release)
SYDNEY, May 24, 2012 /PRNewswire via COMTEX/ -- A remarkable 53 per cent growth in its capital expenditure over 2009-2010 gives an indication of the opportunities afforded by the Australian mining industry. The industry's expansion spawns a need for ...

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CANADA STOCKS-TSX rises on gold mining gains - Reuters


CTV.ca
CANADA STOCKS-TSX rises on gold mining gains
Reuters
Surveys on Thursday showed the euro zone's private sector contracted, US manufacturing growth slowed and China's once-booming factories faltered in May. But Canada's heavyweight materials sector, which includes gold miners, rose more than 1 percent, ...
CANADA STOCKS-TSX sinks on euro zone fears; near 2012 lowReuters Africa
TSX negative but well off early, heavy losses on Eurozone worriesCanadianBusiness.com
TSX racks up solid gain as bargain hunters move in after weeks of lossesCanada.com
Hamilton Spectator -MENAFN.COM
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Indonesia to propose incentives to build metal smelters - Reuters


BusinessLIVE
Indonesia to propose incentives to build metal smelters
Reuters
The move is part of the government's drive to protect its resources and increase state revenue, but Indonesia has been criticised for creating uncertainty in the mining sector. "We will propose incentives to support the processing industry," the head ...
Indonesia to offer incentives to firms to help build smeltersLondon South East

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Spanish miners strike against cutbacks - BusinessWeek


euronews
Spanish miners strike against cutbacks
BusinessWeek
Eight Spanish coal miners are staging a protest underground as part of nationwide strike action by unions opposed to cuts in government subsidies to the sector. General Workers Union mining spokesman Victor Fernandez said some 8000 workers took part ...
23/05/2012Spanish coal miners begin four day strikeExpatica Spain

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Mining strike could affect the price of coal - ABC Online


Yahoo!7 News
Mining strike could affect the price of coal
ABC Online
But resources analyst Gavin Wendt says if there's to be industrial action in the coal mining sector, now is probably the best time to have it. "From BHP's perspective, the last thing you'd want is industrial action when demand is strong and you're ...
Bowen Basin miners down toolsYahoo!7 News

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Maiden Mining For Development Forum Held In Accra - GhanaWeb


Daily Guide
Maiden Mining For Development Forum Held In Accra
GhanaWeb
Accra, 22nd May, 2012: In line with its vision to become a respected, effective and unified voice for the mining industry in Ghana, the Ghana Chamber of Mines, the main organized body for Ghana's mineral sector, has unveiled a new initiative to ...
Ban Mining In GhanaDaily Guide

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Epangelo Entry Threatens Exploration - AllAfrica.com


Epangelo Entry Threatens Exploration
AllAfrica.com
By Jo-Maré Duddy, 24 May 2012 GOVERNMENT'S "blanket issuing of ownership of most minerals and metals" to the state-owned Epangelo Mining Company will reduce exploration in Namibia in the short run and will shrink or eliminate the mining industry in the ...

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Mining inflation - Miners squeezed by higher costs - FM.co.za


Mining inflation - Miners squeezed by higher costs
FM.co.za
The mining sector could face a double whammy this year, as industry inflation continues to rise while commodity prices are showing signs of weakening. There's a lag between commodity price movements and cost inflation. Ten years ago, demand for ...


More about Mining inflation - Miners squeezed by higher costs - FM.co.za

 

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