Today, the UK's Serious Fraud Office launched a criminal investigation into Eurasian Natural Resources, which faces allegations of corruption regarding its Kazakhstan and African businesses.
Copper – Bloomberg reported that Eurasian Natural Resources Corp shareholders have supported a $550 million deal to get 49.5 percent of Camrose Resources Ltd., which has interests in copper and cobalt licenses in the Democratic Republic of Congo.
Cobalt – Bloomberg reported that Eurasian Natural Resources Corp shareholders have backed a $550 million bid for 49.5 percent of Camrose Resources Ltd., which has interests in copper and cobalt licenses in the Democratic Republic of Congo.
Copper – Bloomberg reported that Eurasian Natural Resources Corp has offered $550 million to buy 49.5 percent of Camrose Resources Ltd. As quoted in the market report: ENRC, which produces ferroalloys and iron ore as well as copper, bought its 50.5 percent stake in Camrose from Gertler, 38, for $175 million in 2010. ENRC said the latest [...]
Chromium – Platts reported that Eurasian Natural Resources Corp. (LSE:ENRC) indicated that a decrease in output of high-carbon ferrochrome brought its production of ferroalloys down 1.3 percent from a year ago to 377,000 mt.
Chromium – Kazakhstan’s government needs to simplify and clarify its investment regime and cut barriers for foreign investors if the country’s mining sector is to boom. About one percent of global investment in metals exploration currently goes to Kazakhstan, which is the world’s second-largest producer of chromium.
Cobalt – IBTimes reported that copper and cobalt production increased for Eurasian Natural Resources Corporation (LSE:ENRC).
Cobalt – MarketWatch reported that Eurasian Natural Resources Corp.'s (LON:ENRC) various mining divisions will operate at capacity for the remainder of the year.
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