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Anglo gaining ground in Codelco battle

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With the tussle moving out of the courts and into the commercial arena and with Codelco CEO Diego Hernandez suddenly quitting his post in the midst of the ongoing battle, Anglo American CEO Cynthia Carroll appears to have gained significant...

By: Martin Creamer

25th May 2012

MINERAL TITLE

Sinchao loses mineral resources at Peru copper-gold project

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For Sinchao Metals Corp, the bad news is that its Peruvian copper-gold project, located 30 km from Newmont Mining’s giant Yanacocha mine, has been stripped of its mineral resources. The good news? The TSX V-listed firm’s imminent merger with...

By: Matthew Hill

25th May 2012

CORPORATE ACTIVITY

Norilsk reaffirms potential hostile AMR bid

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Russia’s Norilsk Nickel on Thursday reaffirmed its potential hostile bid to take over TSX-V-listed Asian Mineral Resources (AMR) through an all-cash transaction. Norilsk, the world’s biggest nickel and palladium producer, said it had...

By: Henry Lazenby

25th May 2012

SKILLS

Australia allows Hancock to bring in migrant workers

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The Australian Immigration Minister Chris Bowen on Friday announced developer Hancock Prospecting would be allowed to ship in more than 1 700 temporary overseas workers for its Pilbara iron-ore mine under the first Enterprise Migration Agreement...

By: Esmarie Swanepoel

25th May 2012

ZINC

China infrastructure push to boost zinc imports, support prices

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China is likely to boost imports of zinc in the fourth quarter of the year after Beijing said it would speed up infrastructure investment, market players said, helping support prices for the base metal. Zinc is set to reap the benefits of a push...

By: Reuters

25th May 2012

IRON-ORE

Fortescue opens new berth in Port Hedland

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Iron-ore miner Fortescue Metals on Friday officially opened its new iron-ore berth in Port Hedland. The berth was the first of two to be constructed at the Herb Elliott port, which would achieve a 120-million ton a year capacity by 2013.

By: Esmarie Swanepoel

25th May 2012

CORPORATE ACTIVITY

Minemakers CEO open to ‘all options’ as talks with UCL continue

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The newly appointed CEO of ASX- and TSX-listed Minemakers, Cliff Lawrenson, has told shareholders that he would continue to engage with joint venture (JV) partner UCL to see if a “fair deal” could be agreed upon for the development of the...

By: Esmarie Swanepoel

25th May 2012

RESOURCE INVESTMENT

LNG underpins A$260.8bn Australian resources investment

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Australia’s resources investment soared to A$260.8-billion at the end of April, driven by unprecedented investment in the liquefied natural gas (LNG) sector, the Bureau of Resources and Energy Economics (BREE) reported this week. Investment...

By: Esmarie Swanepoel

25th May 2012

Topics in these articles

City	Company	Country	Currency
Codelco Johannesburg London Cajamarca Canberra Perth Beijing	Anglo American Sur SA Anglo Sur BHP Billiton Codelco Mitsubishi Mitsui Newmont Mining Scott E. Wilson Consulting Sinchao Metals Corp Southern Legacy Minerals Asian Mineral Resources Pala Investments Holdings Antaike Fortescue Metals ASX Minemakers UCL	Chile Japan South Africa Colombia Russia Vietnam Australia China Namibia	USD AUD CNY
Facility	Industry Term	Medical Condition	Person
University Of Chicago Yanacocha Mine Herb Elliott Port Port Hedland	Copper Mining Palladium Producer Base Metal Metal Steel Energy Projects Large Gas Reserves Liquefied Natural Gas Mineral Processing Projects Oil And Gas	Injury	Cynthia Carroll Diego Hernandez Hernan De Solminihac Thomas Keller Atahualpa Chris Bowen Dave Oliver Graham Short Nicole Roocke Roy Hill Norman Moore Cliff Lawrenson Ian Ross Quentin Grafton
Natural Feature	Continent	Province Or State	Published Medium
Andes	Australia Europe	Western Australia	Energy Economics