Avnel Gold Mining Ltd. is pleased to announce the appointment of Mr. Firdaus (Fred) Abbasi as Chief Financial Officer with immediate effect. Mr. Abbasi will also act as Avnel’s Corporate Secretary.
Mr. Abbasi will be based in London at Avnel’s representative corporate office and undertake regular monthly tours of duty to Avnel’s operations in Mali.
Mr. Abbasi [...]

Industrial conglomerate Siemens AG has recently told the press that its third-quarter profit fell 31 percent from the same period a year ago, but was buoyed by better orders for power plants.
The company, which makes a wide range of products including trains, light bulbs, medical equipment and power generation turbines, earned 1.42 billion euros ($2.2 [...]

ArcelorMittal, the world’s largest integrated metals and mining company, announces that it intends to acquire 60% of the entire issued share capital of DSTC FZCO, a newly incorporated company located in the Dubai free zone.
Together with DSTC FZCO, ArcelorMittal is widening its offering in the Middle Eastern area. DSTC FZCO will acquire the main business [...]