Tag: Australia
America Expects Someone Else to Solve its Rare Earth Element Vulnerability
Early next month thousands of delegates will converge on Cape Town to participate in one of the world’s most important mining capital formation and distribution processes - Investing in African Mining Indaba. The event is ground-zero for the money flowing to and from the world’s last great frontier in mineral exploration and development, Africa. Yet the United States will, as usual, have no formal representation even as officials from China, Australia, India, Japan and Canada jockey to land mining assets for their national companies and national interest.
Australia’s Feds Fighting with States Over Who’s Allowed to be Greedier
Australia’s mining tax war rolls on from one farce to the next. If it isn’t the super majors negotiating back room tax deals with the government, it’s politicians squabbling over the spoils of the mining profits grab.
Australia’s “Micro Gold” Boom
High gold prices are driving miners to redevelop old workings or deposits once considered too small to develop.
Trading in Bendigo and BCD Resources Halted. Is the Merger a Bust?
The proposed takeover of BCD Resources (AU:BCD) by Bendigo Mining (AU:BDG), announced on 22 July this year, has run past the usual 90-day closing period. Both stocks were halted today without any announcement, which suggests the deal may be in trouble.
Australia’s Super Tax Wipes Out its Global Trade Diplomacy Effort
The Australian Trade Commission is living the adage that no good deed goes unpunished.
No Need for Newcrest to raise Lihir Bid
ST. LOUIS (MineFund.com) — Lihir Gold [LGL.AX] is pleading with shareholders not to accept Newcrest’s [NCM.AX] bid, but it seems to be a foregone conclusion from the market’s perspective. For detailed information on the bid, scroll down to the tabulation.