mineral resources
Mineral Resources Roundup - June 11, 2008
Kazakhmys to buy 7.7 pct of ENRC; market eyes merger
(Reuters) - Kazakh miner Kazakhmys Plc is due to become the biggest shareholder in its bigger rival ENRC Plc by buying a 7.7 percent stake from the government, boosting the chances of a merger.
Kazakh intrigue gets more interesting
(Guardian) - Say one thing about the Kazakh miners, they know how to keep you on your toes.
Kazakhmys hands Links new £1.4bn mining deal
(legalweek.com) - Linklaters has advised regular client Kazakhmys as the mining giant moves to increase its stake in Eurasion Natural Resources Corporation (ENRC) to more than 25%.
Kazakhs edge closer to inevitable end-game
(Financial Times) - Let’s play power politics. I am Nursultan Nazarbayev, president of Kazakhstan and ultimate arbiter of who gets the mining licences; you are a director of Kazakhmys, the former state-controlled mining company. Who holds the cards in a negotiation about how to exploit my country’s resources?
Kazakhmys digs Eurasian (Forbes)
ArcelorMittal to double capacity at Kazakh plant
(Reuters) - ArcelorMittal, the world’s largest steelmaker, said on Tuesday that it planned to double the steelmaking capacity of its Temirtau plant in Kazakhstan to 10 million tonnes.
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