Business News

Multi-billion dollar iron ore deal stuck in Guinea

Rio Tinto, Chinalco and the International Finance Corporation have signed a deal to develop Guinea's iron ore deposits

Presidents Putin and Xi sign historic Russia-China gas deal

Russia and China have signed a major multi-billion dollar gas deal that has been ten years in the making

Could Alstom become the focus of an international takeover battle?

Moves by German company Siemens have raised the prospect of a takeover battle over French firm, Alstom

Lomiko Metals begins trading on the OTCQX

Lomiko Metals Inc. has been approved to trade on OTCQX, the best marketplace with qualified companies

Australia signs deal to significantly increase its F-35 fleet

Australia has confirmed the A$12.4 billion purchase of 58 new F-35 fighter jets from Lockheed Marin Corp

Google takes flight

In a bid to tap into the potential of airborne data delivery Google has acquired drone manufacturer Titan Aerospace

Chinese gold demand set to continue its meteoric rise

The World Gold Council predicts that China’s demand for gold will rise by some 20 percent in the coming years

One of the largest mining purchases in Chinese history on the verge of completion

A Chinese consortium, led by MMG Limited, is to purchase Glencore Xstrata’s Las Bambas mine in Peru in a $6 billion all-cash deal

Value of iron ore springboards to a six week high

The benchmark price of iron ore hit a six week this week

Jobs boom predicted for UK oil and gas industry

Up to 39,000 new jobs could be created over the next two years in the UK oil and gas sector

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