ArcelorMittal, the world's largest steel maker, has signed an initial agreement to spend 300 billion rupees ($6.4 billion) on the construction of a six million tonne a year steel plant in southern India.
Goldcorp Inc. has agreed to sell its San Dimas gold and silver mine in Mexico to Mala Noche Resources Corp. for $500 million, it has been announced. San Dimas, which is located about 150 kilometers west of the city of Durango in the state of Durango, will turn Vancouver-based Mala Noche into a metals producer.
South AfricaÔÇÖs Sasol is planning to spend $10 billion (R77 billion) on a coal-to-liquids project in the Indian state of Orissa, according to a report by Bloomberg.
Drug and medical device maker Covidien is buying Minnesota-based medical device maker ev3 Inc. for $2.6 billion.
Spanish telecommunications giant Telefonica has sweetened its bid for Portugal Telecom's indirect stake in Vivo Participacoes to Ôé¼6.5 billion, up from its previous offer of Ôé¼5.7 billion.
Technip KT India is enjoying a period of phenomenal growth. CEO Ram Kishore Iruvanti talks to Gay Sutton about his strategy for innovation and remaining ahead of the competition.
Coal might not be environmentally popular but electricity in South Africa is dependant upon it, as well as those involved with getting it to the power station, as Alan Swaby reports.
Mineral exploration and development company Lydian International is focusing all its resources on its Amulsar gold project in Southern Armenia. CEO Dr Tim Coughlin explains why to Jayne Flannery.
Lewis Group is very much a part of the retail scene in southern Africa, having been around for all of 76 years; but its new and dynamic CEO Johan Enslin is determined that the group will make an even bigger impact over the next three years, as John O’Hanlon reports.
Letšeng Diamonds produces the highest quality white diamonds of anywhere in the world. Jane Bordenave investigates the challenges associated with extracting them and how the company is working to overcome these.