India’s private major Tata Power says it has plans to buy stakes in two Indonesian coal firms owned by Pt Bumi Resources.
The company said it will invest $1.1 billion to buy 30 percent in each of the two companies. The company will set up an offshore special-purpose vehicle for the acquisition.
“We have not yet finalized [...]

Guinea’s unions on Thursday welcomed the creation of a new government after weeks of violent unrest but the opposition was sceptical that it heralded a new dawn for Africa’s most corrupt country.
On Wednesday Prime Minister Lansana Kouyate named a government containing no minister from the previous administration and composed mostly of unknown technocrats aligned to [...]

Their thick, ancient forests shelter leopards, elephants and even the odd tiger, their slopes are home to an isolated tribe, but the “curse” of eastern India’s Niyamgiri hills lies beneath the soil.
Massive deposits of bauxite have brought Britain’s Vedanta Resources to this remote corner of the state of Orissa, where they have already built [...]

Century Aluminum Company announced that Giulio Casello has been named to the newly created position of senior vice president of business development. In this position, he will be responsible for identifying and securing new growth opportunities in the areas of primary aluminum, bauxite and alumina.
Casello joined Century in Sept. 2005 from Alcoa, where he [...]

Hemisphere Gold Inc., a gold exploration, property acquisition and mining development company, reported today that its surveys of its concession continue on multiple fronts and that initial results should be ready in the very near future.
The surveys and testing are concentrating in specific areas that have been identified through satellite imagery and geologic trends. There [...]

Alcan Inc. announced today that it will carefully analyse the close results of last Saturday’s public consultation in Hafnarfjordur and assess the impact these results may have on the future of its ISAL aluminum smelter. Citizens of Hafnarfjordur voted by a small majority (50.3%) against a local urbanisation plan that included the expansion of the [...]