World's largest aluminium producer and core investor in the UC RUSAL-ALSCON in Ikot Abasi, Akwa Ibom state has commenced export of aluminium ingots as the company rolled its first 1,000 tonnes of aluminium products from the plant.
A power re-covery plan to ensure the generation of about 6,000 megawatts of electricty in the country within the next 18 months has been submitted to President Umaru Yar'Adua.
A power recovery plan, that would ensure generation of about 6,000megawatts of electricity within 18 months, has been submitted to President Umaru Musa Yar'Adua.
GOLD FIELDS will spend R637m to increase its stake in Chinese gold miner Sino Gold to 19,9% and has broadened its alliance with the company to include smaller projects, it said yesterday.
Mineworkers Union of Namibia suspended negotiations with Skorpion Zinc for a while on Monday afternoon after the mine dropped a bombshell by introducing a blanket condition that dashed hopes of signing the compromise agreement on salary and wage increment this