Perseus Mining Limited is a company listed on the Australian Stock Exchange and based in Perth; however despite its Australian accent it is an African specialist, specifically focused on the gold producing countries of West Africa. Over the years it has forged a reputation as one of the world's most successful gold explorers, with a quarter of a century of involvement in Ghana and its neighbours coming into fruition very recently, starting commercial production on 1 January 2012.


The construction of a metro system for the capital Riyadh will cost a total of $22 billion and will begin early next year. The government expects trains to be running along its six lines by 2019.

The president of the Arriyadh Development Authority (ADA) Ibrahim bin Mohammed al Sultan said the Riyadh Public Transport Project will be "a major driver of employment and economic development". He called it a "cornerstone" that would "enhance the quality of life" for Riyadh's population of nearly six million.


Career wise, how do you come to be a part of First Quantum Minerals?


The $820 million purchase is to the benefit of both partners, with Rio Tinto looking to sell assets as part of a $5 billion cost-cutting plan and China Molybednum following the lead of other Chinese firms keen to buy resource assets as they look to serve domestic demand.


That is according to a new report released by Strategy Analytics. In said report it highlighted that Samsung's handset division had an estimated operating profit of $5.2 billion in the second quarter of 2013. This compares to Apple’s iPhone operating profit of $4.6 billion over the same period.

During the April-to-June period total mobile phone shipments across the globe number 383 million. In all, 27.7 percent of phones shipped were made by Samsung.


Net income for the three months to June rose by 40 percent from a year ago to $1.2 billion. Much of this figure was derived from Credit Suisse’s investment bank which was buoyed by fee income and strong earnings by its equity market traders. The unit also earned sharply higher commissions by helping clients raise money from the markets through share and bond issues.


In 2012 the US introduced an anti dumping levy on Chinese solar imports to protect its manufacturers: now the same manufacturers are worrying that they will be excluded from the exploding Indian market if India brings in similar measures to protect its indigenous industry.


Petrotrin: The Business