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...New Delhi is pushing state-owned mining groups to pursue mineral reserves in South America and Africa as well as inviting bids to develop domestic mining blocks as it seeks to expand industries such as electric...
...He added that continued pay cuts were in line with the general tone at China’s Central Financial Work Conference in October chaired by Xi. “You have to listen to the calling from the party,” he said....
...Mitsui Fudosan’s three “Midtown” projects dominate the Hibiya, Nogizaka and Yaesu districts of central Tokyo....
...By contrast, Zopa — which has 1mn customers — has focused on savings accounts and offering credit cards, car finance and personal loans....
...The firm’s goal is to finance most of the investment but it could opportunistically work with a co-investor for bigger transactions, people close to Elliott said....
...In its search for growth, Central Asia Metals has invested in an explorer of a largely untouched mining region: Scotland....
...The cyber attack on ICBC FS is a costly reminder of the pitfalls of independent systems, and how the detachment from central command can impede swift action and crisis management....
Companies analysis from our sister publication
...Potanin said in an interview with state media outlet Interfax that the mining major plans to replace copper smelting capacity at the Nadezhda plant in the Russian Arctic with new facilities in China from...
...For all three, Chinese mining firms have lifted production at a far more ferocious rate than expected, leaving western producers to close mines, cut production and slash expansion plans....
...Through such investments, the kingdom hopes to position itself at the centre of a “super region” spanning Africa, central Asia and south Asia....
...I’m also considering BlackRock World Mining, which will capture the trend, but leave the decisions to the professionals....
...Australian mining billionaire Andrew Forrest has slammed Germany for its U-turn against EU legislation that would punish companies for environmental and human rights abuses in their supply chains....
...Zambia hopes to complete a long-delayed restructuring of more than $13bn in external debt in the first half of this year, the southern African nation’s finance minister has said....
...Consolidating finances can streamline bill payments, savings and other financial responsibilities....
...The Swedish presence includes giants such as Atlas Copco, the world’s leading provider of air compressors, and Sandvik, which makes mining equipment....
...The protests have come amid a growing backlash against the mining industry throughout Latin America....
...Update: I would add a postscript about the post-Covid inflation surge, which vindicated the view that central banks should factor rampant asset bubbles into setting interest rates....
...However, mining projects can take many years, even decades, to develop, which could lead to shortages....
...The resilient performance came even as overall revenues for the company’s collection of businesses — which also include mining, renewables and airports — dropped 40 per cent to Rs225bn....
...Congress this week banned all new metals mining concessions after holding emergency sessions, but this will not affect the existing contract....
...True, mining spodumene could use the logistics expertise that direct shipping iron ore can bring....
...Following the export ban, billions of dollars have poured into the Indonesian nickel industry, particularly from Chinese mining groups....
...Former finance minister Simón Zerpa and Sarmark López, a businessman and associate of El Aissami, were also arrested as part of a probe into alleged corruption at state oil major Petróleos de Venezuela (...
...He writes: “Financial markets actually approve of investment and higher growth rates; they will buy British government debt to finance it....
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