Thursday, August 11, 2011

Mergers and acquisitions continues to be the key focus for majors

XCSFDHG46767FHJHJF

min2664 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!



No comments:

Post a Comment

LinkWithin

Related Posts Plugin for WordPress, Blogger...