Dr. Cameron Chai

Articles from Cameron

Corruption Persists in Zimbabwe Mining Industry

Four executives allegedly accused of misappropriation of funds were suspended by the Zimbabwe Mining Development Corporation. These include the Chief Executive and General Manager Dominic Mubayiwa, the Finance Director Robert Karemba, Group Technical Manager Albert Chitambo and Corporate Secretary Tichaona Muhonde.

17 Aug 2010

Plans to Expand World's Biggest Mine

Kennecott Utah Copper Corp is hoping to extend the life of its Bingham Canyon mine to 2034 by a proposed expansion. The world's biggest mine may get bigger if they get the permission to increase the size of the mine by about 1,000 feet in width and 300 feet in depth.

17 Aug 2010

Chameleon Mining Calls for Trading Halt

Chameleon Mining called for a trading halt one day after it struck a deal with Tony Sage's Cape Lambert Resources to help keep it afloat.

12 Aug 2010

Hope Fades for Trapped Chilean Miners

The hope of finding the 33 trapped miners alive in Chile is now fast dwindling. Despite frantic rescue efforts to reach the group of miners trapped about 400 meters below the ground for six days there has been no word on the condition of the workers.

12 Aug 2010

Osisko Mining Reports Loss Due to Marlartic Cost Growth

Osisko Mining Corp (TSX: OSK) recorded a net loss of $8.4 million for the period and $7.1 million year-to-date.

11 Aug 2010

ANC Seeks More Control Over South Africa's Mining Industry

The ruling political party in South Africa, the African National Congress (ANC) is seeking more state control of mining.

11 Aug 2010

Alumina Ltd Out of the Red

Alumina Ltd (ASX:AWC),(NYSE:AWC) and its partner have received a shot in the arm by the renewed demand in aluminium and alumina allowing the company to get out of the red.

10 Aug 2010

Miners Looking to Buy into Queensland Rail

Anna Bligh, the Queensland Premier announced that the state government is carefully considering an offer made by a consortium of coal companies to buy the state's coal rail tracks. Members of the consortium including BHP Billiton, Xstrata Plc and 11 other coal producers have made an offer of AUD$4.85 billion to the Queensland government.

10 Aug 2010

Xstrata Sued by Beef Company Over Spill

A major beef company is suing Xstrata over alleged overflow of chemicals into waterways. The Stanbroke Pastoral Company has launched legal action against the Xstrata run Ernest Henry mine in northwest Queensland near Cloncurry

10 Aug 2010

Linc Energy Looks for Partners for Move to Commercialisation

Linc Energy (ASX:LNC) is likely to get some help from a partner to build its first commercial plant in Australia. The Managing Director Peter Bond said that they were still about two years away from commercialising their underground coal gasification technology.

9 Aug 2010