Dr. Cameron Chai

Articles from Cameron

Qantas Invests in 'Fly in Fly Out' Mining Service Airline

Qantas may have wanted to boost profits by acquiring Network Aviation which focuses mainly in the 'fly in fly out' activity in the mining regions of Australia, but it has stirred up a hornet's nest.

16 Dec 2010

Afghanistan Approves Western Mining Investments

The Afghanistan government has approved the concept of western investors taking a stake in the Afghan mining industry.

16 Dec 2010

B2Gold Reports Promising Results at La Libertad, Nicaragua

B2Gold Corp has announced positive results at its Nicaragua mine. At the La Libertad mine the company has found drill results that would enhance the currently projected life span of the mine and increase the gold production at the project. As of now the life of the mine has been pegged at seven years.

16 Dec 2010

Kinross Gold Sells Stake in Osisko Mining

Kinross Gold Corp has sold its small stake in the Osisko Mining Corp. The gold mining company sold 6.8 million shares for about $100 million at a rate of $14.70 per share. This constituted about a 1.8% stake in the Osisko Mining Corp.

16 Dec 2010

Greens Argue Olympic Dam Expansion Viable with No Uranium Mining

The proposed Olympic Dam expansion has come under scrutiny not just by the mining industry but also environmentalists.

14 Dec 2010

Brazil's MMX to Expand Operations with $2.9 Billion Investment

Brazilian mining group MMX Mineracao e Metalicos S.A. (MMX) has decided to invest 5 billion Brazilian Reais (US$2.9 billion) to expand its operations. The company's board has approved the investment in two iron ore mining projects both of which are located in Brazil.

14 Dec 2010

Pike River Coal Mine Calls in Receivers

The gas explosion which killed 29 miners at the Pike River Coal mine in New Zealand has contributed to major debts that the company may not be able to pay. Mining operations have not been undertaken since November 19, the day of the blast.

13 Dec 2010

Tata Steel Looking at Riversdale Mining

Rio Tinto may have serious competition for Riversdale Mining coming from a majority shareholder. It was reported that Tata Steel is currently exploring a joint bid with the state owned NMDC for the company.

12 Dec 2010

Martin Ferguson: Government Has Not Reneged On Any Royalty Deal

Resources Minister Martin Ferguson said that the Australian federal government was not responsible for the latest mining tax row.

12 Dec 2010

South Africa Sets Up State Owned Mining Company

The African National Congress (ANC) demanded a state owned mining company way back in 2007 at its Polokwane conference. Now President Jacob Zuma has announced that the African Exploration Mining and Financing Corporation will become a full fledged state owned mining company.

12 Dec 2010