Tuesday, August 19, 2008

The two countries have agreed to begin negotiations towards what is known in Canada as a Foreign Investment Promotion and Protection Agreement (Fipa)

Canada is moving to safeguard its business interests in Tanzania, in the face of an outcry over the lopsided contracts dished out in the latter's mining sector.

The two countries have agreed to begin negotiations towards what is known in Canada as a Foreign Investment Promotion and Protection Agreement (Fipa).

The bilateral Fipa aims to provide "greater predictability and certainty" for Canadian investors considering investment opportunities in Tanzania. read more

source:http://allafrica.com/

the addition of the "Atlantic Copper, S.A. Mining SWOT Report" company profile to their offering.

Research and Markets has announced the addition of the "Atlantic Copper, S.A. Mining SWOT Report" company profile to their offering.

Atlantic Copper, S.A. SWOT Report is a comprehensive report of the company including both quantitative and qualitative research. The report examines the company's business structure and operations, history and products. The report provides strategic insight on the company in the form of a SWOT analysis. This studies the major internal factors which will affect the company's performance e.g. size, strength, cost, revenues and strategy as well as external factors e.g. competitive positioning and industry trends. There is a forward-looking discussion of the opportunities the company can exploit and the threats facing it. read more

source:Global Markets Direct

BHP relents on longwall mining

BHP Billiton has decided to restrict its search for coal under some of Australia's richest farming country, at Caroona, near Gunnedah, but farmers are continuing a 20-day blockade against the mining giant.

In a shareholders' report to be published today, the company says environmental concerns are the main reason for narrowing its search to ridge country surrounding the Liverpool Plains.

The news is scant comfort to the farmers whose land is still being targeted for coal mining against their will.

"With the effect of the subsidence from longwall coal mining, it would probably make farming as we know it impossible within 10 years," said Tim Duddy, a landholder whose family has farmed in the district for six generations. read more

source:http://www.smh.com.au/

Xstrata PLC temporarily suspends mining in DomRep

Dominican Republic - Anglo-Swiss mining company Xstrata PLC said Tuesday it will suspend operations in the Dominican Republic for four months because of high oil costs and a drop in nickel prices.

Xstrata PLC, which owns Canada's former Falconbridge Ltd., said the break will allow the company to switch its power source from oil to coal, develop an energy-conversion project and explore new land for mining. No one will be laid off, spokesman Luis Rosado said. read more

source: http://www.canadianbusiness.com/