General Motors has unveiled plans to strengthen its Brazilian operations over the next five years with an investment of $2.9bn. The company plans to focus on the development of new products, technologies and employee training as well as ...
Tags: General Motors, Auto Parts, Accessories
Mongolia's new legislation that removes distinction between domestic and foreign companies when it comes to investing in the country will help attract more investment, miners with projects in the region said Friday. From November 1, ...
Tags: Miners, Mining Sector
Given that European households have deposits worth an impressive EUR 8.5 trillion, deposits are one of the cornerstones of the EU economic system. This represents one-third of total financial assets. Despite negative real returns in most EU ...
Tags: Deposits Business, European Banks
Venezuelan President Hugo Chavez died Tuesday in Caracas after an almost two-year battle with cancer and 14 years of a dominating socialist presidency that leaves the country with the world's largest oil reserves mired in uncertainty. The ...
Germany's Wintershall expects to increase its oil and gas output in 2013 mainly as a result of higher volumes from its operations in Russia, Norway and Libya, the company's parent BASF said Tuesday. In its outlook for 2013, BASF said ...
China National Development and Reform Commission and Ministry of Science and Technology have jointly released the LED industry plan. Value of LED Production to reach 450 billion yuan According to the plan, the value of LED production ...
Tags: LED industry plan, LED Production, LED lighting products
Expropriation and resource nationalism will remain the main risks for miners in 2013, according to a report published Wednesday by UK-based risk consultancy Maplecroft. Since the appropriation of mining assets by governments continues to ...
Tags: Miners, Myanmar, Tajikistan, Bolivia, Investments
According to Maplecroft's principal Latin America analyst James Lockhart-Smith,Venezuela has its eye on becoming a major minerals producer,though its capacity to do so is in question. Mr Lockhart-Smith told BNamericas that"Specifically ...
Tags: Maplecroft, Latin America, Venezuela, minerals producer
The following have all combined to limit control of foreign minerals by US companies: In 2011, Resource nationalism became the number one risk for mining companies Nationalization Expropriation Increased taxation Constraints on the degree ...
Tags: Cobalt, Rare Earth, USA, Metallurgy
Labor problems and low prices have platinum mines closing up shop in South Africa, and the potential for acquisitions is ripening. Senior Mining Analyst and Managing Director at Stifel Nicolaus in Toronto, George Topping believes that ...
Tags: Finance, Rare Earth, Metallurgy
Reuters reported that access to infrastructure will remain a significant challenge for the mining sector next year even though the government has committed resources to capital investment program aimed at the transformation of the economy. ...
Tags: Mining Jobs, Mining Companies, Coal Mining News, Mining Industry
Reuters reported that South Africa wants to impose export curbs on minerals such as platinum and iron ore as part of a drive by the ruling African National Congress to create more jobs in industry in the continent's biggest economy. The ...
Tags: South Africa, minerals, platinum, iron ore
Reuters reported that the ANC Youth League will propose resolutions on the nationalization of certain minerals and strategic mining companies at the party's 53rd national conference in Mangaung. A statement ahead of the conference said ...
Tags: minerals, mining companies, iron ore, magnesium, platinum group minerals
France is considering nationalizing an aluminium plant owned by Anglo Australian mining group Rio Tinto. The potential move is being studied by officials working for Arnaud Montebourg, the Industrial Recovery minister, just 10 days after ...
Tags: aluminium plant, Rio Tinto, Industrial Recovery minister, Mineral
Myanmar has finally opened its insurance sector for private underwriters to set up their insurance operations in Myanmar, which was officially closed for them since 1963, after nationalization of 78 foreign insurance companies previously ...
Tags: Myanmar, Private Insurance, nationalization