Global Mining Investments Ltd. (GMI.AU), whose investments are managed by BlackRock Inc. (BLK), Thursday said it aims to restructure itself as an unlisted investment trust in order to rid itself of the continuing discount between its share price and its net tangible assets.
SYDNEY (Reuters) - Shares in Global Mining Investments , an Australian fund managed by U.S. money manager BlackRock Inc , climbed 12 percent on Thursday after saying it intends to delist and restructure as a trust. The delisting, which requires shareholder approval, gives GMI investors an opportunity to continue with their investment in global mining and metal stocks under BlackRock or exit at a ...
VANCOUVER, BRITISH COLUMBIA-- - Woulfe Mining Corp. is pleased to update shareholders regarding developments within Korea that impact its 100% owned Sangdong Project.As an extension of its agreements signed ...
Commodities investing is volatile, promising big gains and capable of big losses. But this volatility can work in your favor in a broad investment portfolio, where a small amount of commodities can offset risks associated with stocks, bonds and cash.
LONDON -(MarketWatch)- Qatar Investment Authority, owner of Qatar Holding LLC, Thursday said it bought 2.27 million shares in diversified mining group Xstrata PLC (XTA.LN) at 1,099.68 pence and 2.284 million at 1,094.9 pence, lifting its total holding to 248.9 million shares, or 8.289%.
ADDIS ABABA (Reuters) - Raising capital is the biggest constraint facing private equity firms seeking to invest in potential projects in sub-Saharan Africa, the chairman of Egyptian private equity firm Citadel Capital said. Citadel, which has focused on the Middle East and north Africa but is also looking to expand its portfolio in sub-Saharan Africa, has $4.3 billion of assets under management ...
TORONTO, ONTARIO-- - Editors Note: There are two videos associated with this press release.Primero Mining Corp. will be exhibiting at the New York Hard Assets Investment Conference on May 14-15 taking ...
The Qatar Investment Authority (QIA) is on an investment spree, bulking up its holdings in several major companies including Royal Dutch Shell Plc (NYSE: RDS.A), Eni SpA (NYSE: E), and Xstrata PLC (London: XTA), and the sovereign fund has already taken a holding Total SA (NYSE: TOT) and is pursuing avenues to invest in Glencore International Plc (London: GLEN), sources reported Friday.