Mining and Exploration

LSL/Tekpro

For this engineering contractor, ensuring growth has meant teaming up with another company, with satisfying results.

Reliance bolsters its US shale gas assets

Reliance Industries, India’s biggest company by market value, agreed to buy its third shale gas asset in the US this year, acquiring a 60 percent stake in acreages from Carrizo

Xstrata posts bumper profits

Xstrata, the world’s largest exporter of coal used for power, said its first half profit more than tripled on the back of a jump in metal prices from a year earlier.

Kinross adds African mines in merger

Kinross Gold Corporation, Canada’s third largest gold producer, has agreed to buy the remaining 91 percent of shares of Red Back Mining Inc.

Agnico-Eagle breaks quarterly records

Agnico-Eagle has reported record quarterly revenue, net income and gold production in its second quarter 2010 results, thanks to higher prices for gold, zinc, silver and copper

Bellatrix Exploration Ltd

In 2009 Ray Smith was parachuted in as CEO and president to rescue True Energy Trust.

Jetcrete Australia and Thyssen Mining Joint Venture

For more than 25 years, Jetcrete has been providing shaft wall building, ground stabilization and related services to mining and construction companies across Australia.

Newmont doubles profits

Newmont Mining Corporation, the world’s second largest mining operator, more than doubled its profits in its second quarter results, thanks to higher gold and copper prices.

Profits rise by 217 per cent at African Barrick Gold

African Barrick Gold has reported a half year net profit rise of 217 per cent.

Dana under pressure from shareholders over KNOC

Shareholders in Dana Petroleum are attempting to force the UK-based oil explorer to open takeover talks with South Korean suitor Korea National Oil Corp (KNOC), according to rep

Harry Winston re-purchases diamond mine

Harry Winston Diamond Corporation has said it will purchase a nine percent interest in Canada’s Diavik diamond mine from Kinross Gold Corporation for approximately US$220 millio

De Beers announces strong first half growth

De Beers, the name synonymous with diamonds, reported increased earnings for the six months ended June 30, with both sales volumes and prices increasing significantly following

African Minerals agrees $1.5 billion Chinese deal

Mining group African Minerals has signed a deal with a Chinese steelmaker for a $1.5 billion (£989 million) investment that will help it develop what could be the biggest iron o

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