Congo will struggle to enforce its new ban on mining in rebellious eastern areas and the move is likely to increase smuggling rather than help clean up an industry accused of fuelling conflict, analysts say.
Global miner Rio Tinto announced plans to expand its Argyle diamond mine in Western Australia on Tuesday, the latest step in its plan to spend about $13 billion through the end of 2011 to boost growth.
Coty Inc., a leader in the global beauty industry, announces the signing of German supermodel and television presenter Heidi Klum as the new face and artistic advisor for the global beauty brand Astor.
Though the economy remains tough, we predict the strongest rise in spending since 2001 for 2010 with expenditure rising 0.7bn to 15.3bn. Department stores have reacted quickly to changing customer needs.