Business News

Airbus orders take off in Japan

Airbus has reached a landmarked agreement with Japan Airlines (JAL) for its A350 planes

Hochschild moves to take full control of Peruvian assets

Hochschild Mining plans to raise up to $96 million to help it buy the remaining 40 percent stakes in its Peruvian assets for up to $280 million.

Is IndiaÔÇÖs comatose gold industry about to receive the kiss of life?

It is believed that Vedanta Resources, the natural resources conglomerate, is looking to expand into gold mining by bidding for the now closed Bharat Gold Mines Ltd (BGML), which owns the Kolar gold mines in Karnataka, South West India.

Tony Abbott: a new boost for mining?

The new Prime Minister of Australia, sworn in today, has pledged his government to abolish the country’s carbon tax, and within 100 days to introduce legislation to abolish the mining tax that has been blamed for damaging jobs and investment.

Further Australian business in the pipeline for Gold Fields?

Nick Holland, CEO of Gold Fields, has said that the company could yet make further acquisitions in Australia in the near future

Sibanye GoldÔÇÖs purchase makes it one to watch

South African company Sibanye Gold is to acquire Gold One’s West Rand operations

ChileÔÇÖs mining boom shows no signs of slowing

Chile expects mining investment in the country to reach as high as $112 billion by 2021

Rio Tinto to sell stake in Australian copper/gold deposit

China Molybednum has agreed a deal to purchase Rio Tinto’s 80 percent stake in Northparkes copper and gold mine in Australia 

Iron ore remains key to BHP

BHP Billiton has joined Rio Tinto in reporting record full-year production figures at its iron ore operations

Botswana bringing diamond sales in house

The African nation of Botswana has begun auctioning its own diamonds for the first time instead of selling them in Europe

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