Dr. Cameron Chai

Articles from Cameron

Kumba Iron Ore and ArcelorMittal Reach Agreement

In a temporary truce between Kumba Iron Ore and ArcelorMittal, the world's largest steelmaker has agreed to buy ore from Kumba in the next year at about half of recent market prices. Kumba is a unit of Anglo American Plc.

25 Jul 2010

Big Four Oil Co's Respond to Gulf Disaster with $1 Billion

Other big oil companies have taken a lesson from the BP's Gulf of Mexico well explosion and subsequent oil spill.

22 Jul 2010

Problems in the Congo for First Quantum Minerals

First Quantum Minerals (TSX:FM), a Vancouver, British Columbia based mining and metals company, is facing a drop in production over the political uncertainty of its future of mining in Congo.

21 Jul 2010

Argonaut Gold Boosts Production at El Castillo

Canadian Gold mining company Argonaut Gold (TSX:AR) has recorded an increase of 57% in gold production in the second quarter. Argonaut produced 10,062 oz of gold during this time frame.

21 Jul 2010

Gulf of Mexico Oil Leeked Plugged

BP officials must be heaving a sigh of relief for the first time since April as the new cap on the oil leak seems to be holding, and the gush of oil into the Gulf of Mexico now appears to be controlled.

20 Jul 2010

$3.2 Billion Investment in Pakistan Gold/Copper Resource

A potential copper and gold deposit in Balochistan, Pakistan has attracted a fresh investment of $3.2 billion via a joint venture. The joint venture comprises of Barrick Gold Corporation from Canada and Tethyan Copper Company from Chile.

20 Jul 2010

As Elections Loom Mining Industry Hopes for a Change in Government

The upcoming Australian Federal elections may decide the fate of the controversial mining law in Australia. While mining industry heads do not wish to publically politicize the situation, they are privately hoping for a change of government.

20 Jul 2010

Paladin Energy Mulls NGM Resources Takeover

Paladin Energy Ltd (ASX:PDN) is in talks to take over NGM Resources Ltd (ASX: NGM). NGM is a diversified mineral exploration company with a focus on uranium and base metals.

20 Jul 2010

Santos Secures $2 Billion for LNG Projects

Santos (ASX:STO) has secured loans worth $2 billion from nine banks for its liquefied natural gas (LNG) plants in central Queensland and Papua New Guinea. The construction of the Gladstone project in Australia and the new one in Papua New Guinea are expected to benefit from the loan.

20 Jul 2010

BHP Billiton Cautious on Global Financial Recovery

BHP Billiton (ASX:BHP) says that despite its petroleum and iron ore divisions having both achieved their annual production records, the mining giant is continuing to err on the side of caution about the short term outlook for the global economy.

20 Jul 2010