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Archive for the ‘Mines and Mining’ Category

Alcoa Shares Fall Sharply on Downgrade

Thursday, June 12th, 2008

Alcoa stock fell nearly 8 percent Wednesday after a brokerage firm cut its investment rating and profit estimate.

author By REUTERS, source www.nytimes.com

Posted in Aluminum, Alcoa Incorporated|AA|NYSE, Mines and Mining, Company Reports | Comments Off | Read more..

Tycoons in Russia Want to Create World’s Largest Mining Concern

Friday, May 30th, 2008

Vladimir O. Potanin and Alisher B. Usmanov are moving to merge their companies with the goal of creating the world’s largest mining concern.

author By SOPHIA KISHKOVSKY, source www.nytimes.com

Posted in Potanin, Vladimir O, Russia, Mines and Mining, Mergers, Acquisitions and Divestitures | Comments Off | Read more..

Phenomenon: Drilling for Defeat?

Monday, May 19th, 2008

How a backlash against energy exploration could hurt the Republicans out West.

author By DAVID SIROTA, source www.nytimes.com

Posted in Udall, Tom, Cubin, Barbara, Udall, Stewart, Udall, Mark, Schaffer, Bob, Bureau of Land Management, Logging Industry, Environment, Bush, George W, Politics and Government, Republican Party, Mines and Mining, Environmental Protection Agency | Comments Off | Read more..

Deal Consolidates More of Russia’s Mining Industry

Friday, April 25th, 2008

The aluminum tycoon Oleg V. Deripaska said that he had purchased 25 percent of the Arctic mining company Norilsk Nickel, furthering his quest to consolidate the Russian metals and mining industry.

author By ANDREW E. KRAMER, source www.nytimes.com

Posted in Norilsk Nickel, Russia, Metals and Minerals, Mines and Mining | Comments Off | Read more..

Australia Mine Operator Gets Bid From China

Saturday, March 15th, 2008

Sinosteel, the Chinese metals giant, made a hostile bid Friday for an Australian iron ore producer.

author By TIM JOHNSTON, source www.nytimes.com

Posted in Metals and Minerals, Mines and Mining, China, Australia, Mergers, Acquisitions and Divestitures | Comments Off | Read more..

$250 Million Settlement Over Asbestos Is Announced

Wednesday, March 12th, 2008

W. R. Grace & Company has agreed to pay the federal government $250 million for environmental cleanup around its mining operations in Libby, Mont.

author By JOHN M. BRODER, source www.nytimes.com

Posted in W. R. Grace & Company, Asbestos, Mines and Mining, Environment, Environmental Protection Agency | Comments Off | Read more..