Once considered home to one of the largest gold deposits in India, the Kolar mines were nationalised in 1956 and 1972, before operations were handed to BGML. Mounting losses and falling revenues however led to BGML’s closure in 2001. In June of this year, India’s Supreme Court approved the government’s plan to issue a global tender for BGML’s assets, so that the Kolar gold mines could be restated.


Cerrejón is an integrated mining and transport complex in the La Guajira region, jutting out into the Caribbean Sea from the north of Colombia. The mine is independently operated, but belongs in three equal parts to subsidiaries of BHP Billiton, Anglo American, and Glencore Xstrata: between them these partners approved investment of $1.3 billion in 2011 for an expansion project that will increase Cerrejon’s production and export capacity by 8 million tonnes per annum (mtpa) in 2012 - 2014 to reach a 40 mtpa production by 2015.


Cybercriminals are employing more sophisticated techniques all the time and far too many companies and organizations still don’t have the protection they really need to safeguard their systems. The prevalence of targeted attacks and advanced persistent threats (APTs) is disturbing.

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The Defence Secretary Philip Hammond announced that starting from October the government proposed to develop a full-spectrum military cyber capability, including a strike capability, to enhance the UK's range of military capabilities. He called for hundreds of ‘cyber reservists’ to work alongside regular forces in the new Joint Cyber Reserve Unit in a bid to protect key computer networks and safeguard data.


The UK's Office for National Statistics (ONS) has confirmed that the the economy grew by 0.7 percent from April to June, unchanged from its earlier estimate. However construction, which has been languishing since 2010 and is seen as a bell-wether for the economy, and manufacturing both clocked up the fastest quarterly growth since the middle of 2010. Construction output went up by 1.9 percent and manufacturing by 0.9 percent, demonstrating a real revival of business confidence.


The agreement will see CNOOC develop the Kingfisher oil field over a period of four years. The field itself is thought to hold some 635 million barrels of oil, of which 196 million are recoverable.

According to Peter Lokeris, Uganda's junior energy minister, the field will have an initial capacity to produce between 30,000 to 40,000 barrels of oil per day.


The deal, which including debt values Smithfield Foods at $7.1 billion, represents the single largest takeover of a US company by a Chinese firm in history.

A series of high profile food scares in China has resulted in an ever-increasing demand for foreign food products in the country. Home to the world’s largest population, China is also the biggest consumer of pork on the planet.


Change is known to be a major source of stress for most people, which means that no matter how hard you have worked for a promotion at work, or how excited you are by the challenge of moving to an innovative new company, you are likely to find the transition stressful.

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Agnes Bamford

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