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R.I. Update for Wednesday, 10 December 2008

Resource Investor
 TOP STORIES
  
Anglo Reviews All Capital Spending
By Charlotte Mathews, 09 Dec 2008, 09:45 AM
Anglo American would make an announcement by the middle of this month on the outcome of a review into all its capital spending, a spokesman said yesterday.

Metroex Keeps Its Focus On Congo
By Charlotte Mathews, 09 Dec 2008, 09:51 AM
Diversified resources miner Metorex has put on hold and is reviewing all its noncore, non-cash-generating projects, including Kinsenda in the Democratic Republic of Congo and its chromite tailings project, Phoenix Platinum, in South Africa (SA).

PetroSA Oil Refinery Deal To Boost Coega
By Chris van Gass, 09 Dec 2008, 09:30 AM
PetroSA's award yesterday of an engineering contract to U.S. group KBR as part of an $11 billion refinery project at Coega has been hailed as "significant” for the viability of the Coega industrial development zone.

A European Framework For Foreign Investment
By Lars-Hendrik Röller and Nicolas Véron, 09 Dec 2008, 11:25 AM
European security concerns about foreign investment have produced opaque and inconsistent responses by national governments. This article makes the case for establishing a E.U. authority to address the issue in an open, comprehensive and sustainable manner rather than allowing the proliferation of disparate national regulatory initiatives. The openness of the E.U. investment environment is at stake.

The Fallout From The Global Credit Crisis: Contagion - Emerging Markets Under Stress
By Helmut Reisen, 09 Dec 2008, 10:25 AM
The global credit crisis is testing the resilience and sustainability of emerging markets' policies, this article warns. Even strong performers are not shielded against pure financial contagion, although they may well recover quickly once confidence is restored. In the future, development finance is likely to rely less on private debt.





 PITPUNDIT BLOG
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1,000 MW 'green' powerplant for Netherlands 1,000 MW 'green' powerplant for Netherlands
Russian bear's nails get trimmed Russian bear's nails get trimmed
Anglo to fess up Anglo to fess up
Vale curtails operations Vale curtails operations
Tommyknockers in Mexico? Tommyknockers in Mexico?
Ferrous dowry to BHP? Ferrous dowry to BHP?
China takes a shine to Aussie zinc China takes a shine to Aussie zinc
Steel companies emitting on emissions Steel companies emitting on emissions
Perception = reality? Perception = reality?
Half of 'rescue money' will be wasted? Half of 'rescue money' will be wasted?
Chesapeake Energy heads for port? Chesapeake Energy heads for port?
Big Three become Big Four? Big Three become Big Four?
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