Archive for the ‘Mining Finance’ Category
Thursday, November 13th, 2008
Titan Uranium Inc., a North American generative explorer, is pleased to announce the signing of a letter agreement with Japan Oil, Gas and Metals National Corporation (JOGMEC). JOGMEC can acquire an undivided 50% working interest in Titan's Border Block Project by funding Cdn $6 million in uranium exploration programs managed ...
Posted in Metal, Mining Company, Mining Finance, Mining Industry, Oil & Gas, Trade & Market | No Comments »
Wednesday, November 12th, 2008
Minera Andes Inc. is pleased to announce details of the San Jose mine performance to September 30, 2008. The San Jose project is operated by Minera Santa Cruz S.A. ("MSC") and is owned 49% by Minera Andes and 51% by Hochschild Mining plc ("Hochschild") (HOCM.L: Reuters and HOC LN: Bloomberg ...
Posted in Copper, Gold, Mining Finance, Mining Industry, Silver | No Comments »
Thursday, November 6th, 2008
ArcelorMittal (referred to as “ArcelorMittal”, or “the Company”) (New York: MT; Amsterdam: MT; Madrid: MTS; Paris: MTP; Brussels: MTBL; Luxembourg: MT), the world’s leading steel company, today announced results for the three and nine-month periods ended September 30, 2008.
Highlights for the three months ended September 30, 2008:
• Sales ...
Posted in Mining Finance, Mining Industry, Mining Investment, Mining Technology, Trade & Market | No Comments »
Thursday, October 23rd, 2008
Gas suppliers in Germany may be able to cut prices for customers next year if oil prices continue to fall, due to a mechanism that links gas to oil with a time lag, industry association BDEW said on Wednesday.
"Gas prices follow those of oil with a time lag of around ...
Posted in Gas Price, Mining Company, Mining Finance, Mining Industry, Oil Price, Trade & Market | No Comments »
Friday, October 10th, 2008
THE reality of a looming western world recession took the headlines yesterday. Investors turned their attention away from the volatility to the certainty of a six to 12-month recession in the West.
Australia's saviour, China, didn't look so certain either after junior iron producers Mt Gibson and Fortescue advised that some ...
Posted in General News, Iron ore, Mining, Mining Company, Mining Finance, Mining Industry, Mining Investment, Trade & Market | No Comments »
Tuesday, October 7th, 2008
Oil prices plunged below $90 a barrel Monday, coming within reach of year-ago levels as a widening financial maelstrom spreads overseas and crimps global demand for energy.
A barrel of oil has not been this cheap in eight months, suggesting that the climate in which oil soared to unheard of levels ...
Posted in Mining Company, Mining Finance, Mining Investment, Mining Technology, Oil Price, Trade & Market | No Comments »
Monday, October 6th, 2008
The speculative end of the resources sector is being beaten up something shocking. Tales of woe abound, with just a sample of announcements on Friday showing the euphoria of the past five years has been replaced by the harsh new reality of crumbling commodity prices and the start of a ...
Posted in Copper, General News, Iron, Iron ore, Mining, Mining Company, Mining Finance, Nickel, Silver, Trade & Market | No Comments »
Wednesday, September 17th, 2008
JUST by exporting as usual, Australia has been showered with money from sharply higher prices for commodities such as iron ore and coal. That's been the easy part of the resources boom.
From now, we can't rely on export prices going higher. Most of the extra gains from the resources boom ...
Posted in Copper, Exploration, Gold, Iron ore, Mining, Mining Company, Mining Finance, Mining Industry, Mining Investment, Mining Technology, Trade & Market | No Comments »
Wednesday, September 17th, 2008
Queensland Gas Company has increased the gas reserves required for a proposed $8 billion liquefied natural gas (LNG) development with BG Group Plc.
The coal seam gas (CSG) producer has increased its proved (1P) reserves by 16 per cent to 705 petajoules (PJ) and its proven and probable (2P) reserves by ...
Posted in Coal, Exploration, General News, Mining, Mining Finance, Mining Industry, Oil & Gas, Trade & Market | No Comments »
Wednesday, September 17th, 2008
Key benchmark indices opened higher on Wednesday, boosted by the US Federal Reserve’s bailout package for the beleaguered US insurer AIG. The BSE 30-share Sensex was down 147.94 points after a strong opening.
Meanwhile, the US Federal Reserve kept its target for the federal funds rate at 2%.
The US Federal Reserve ...
Posted in Exploration, Gas Price, Mining, Mining Finance, Mining Industry, Mining Investment, Oil & Gas, Trade & Market | No Comments »