Dr. Cameron Chai

Articles from Cameron

Plan for Molybdenum Mine Near Crested Butte Approved

U.S. Energy Corp has won approval for a revised plan which will allow it to build a mine tunnel at Mount Emmons. The plan was being strongly protested by conservationists due to the mine's proximity to the ski town of Crested Butte.

13 Jan 2011

Iron Ore Boosts Gina Rinehart's Fortune

Gina Rinehart may project herself as a ‘media mogul’ but it is on Hancock Prospecting that her fortune is based. New figures about her flagship company in the mining empire show that the richest woman in Australia is showing a huge increase in revenue.

12 Jan 2011

Reed Resources Acquires Meekatharra Gold

Reed Resources Ltd has bought the Meekatharra gold project for $26.7 million from Mercator Gold Australia Pty Ltd. The mine located in the Murchison region of Western Australia may lead to the creation of a mid-tier gold producing company as a spinoff from the main company assets.

12 Jan 2011

EMED Mining Raises $2.4 Million

EMED Mining's recent IPO in Canada was oversubscribed and has raised Canadian $2.4 million. The company is focused on exploring and developing resources of copper and gold.

12 Jan 2011

Nunavut Extends Offer for Baffinland

Nunavut Iron Ore has taken yet another step in the bidding war against ArcelorMittal for Baffinland Iron Mines. It has raised its offer to Canadian $1.45 in cash per share in addition to one exchange right per common share.

11 Jan 2011

HudBay Looks to Acquire Norsemont

HudBay, a Canadian base metals miner, has made a friendly deal to take over explorer and development company Norsemont.

11 Jan 2011

Caterpillar to Build Mining Equipment Plant in Thailand

Caterpillar, the world's largest manufacturer of construction and mining equipment, is setting up a mining equipment plant in Thailand.

11 Jan 2011

Rio Tinto Formalises Bid for Riversdale

Rio Tinto has formalised a bid for Australia based Riversdale Mining at what is believed to be pitched around $16 a share.

21 Dec 2010

Atlas Iron to Buy Giralia Resources for $822 Million

Atlas Iron finalised a deal to buy Giralia Resources NL, the iron ore company is valued at about AUD$828 million to almost triple its resource of the steelmaking raw material.

21 Dec 2010

Russia's En+ Forms Joint Venture with Korea Resources for Iron and Copper

En+ Group owned by Russian tycoon Oleg Deripaska declared via an e-mailed statement that it had formed a joint venture with Korea Resources Corp (KORES) to develop a Siberian copper and iron ore deposit in which the Koreans will invest at least $1 billion.

21 Dec 2010