We are know that commodity stocks took a beating over the past few days –
With the downgrade by S&P on US ratings and continued worries over the European
debt issues. Well at least 1 mining company's stock is buckling the trend.
#LundinMining, a diversified base metals mining company, is said to be the
latest target of mining major #BHP Billiton. Although the news might just be a
case of "hot air", it doesn't hurt that based on this alone; the company
stock gained 14.5% on the TSX. This might remain a rumor, but mining majors are
indeed continuing their hunt for new assets and new partners – Just like how
#Riotinto is once again working with Chalco on a new project. This coming March,
Guy Elliott, the CFO of Rio Tinto will speak at # Asia MiningCongress 2012 .
Visit our website or contact us for more information on our latest speakers and
programme!
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