Archive for the ‘Mining Investment’ Category

Quicksilver Resources’ Board Approves 2009 Capital Budget

Friday, November 21st, 2008

Quicksilver Resources Inc. announced that its board of directors has approved a $600 million capital budget for 2009, which includes approximately $400 million for drilling, $155 million for gathering and processing facilities (including approximately $35 million to be funded by Quicksilver Gas Services LP), $40 million for leasehold and $5 ...

Zimbabwe gold output plunges 64 percent

Thursday, November 20th, 2008

Zimbabwe's gold production plunged by 64.5 percent in October compared to the same period last year, the Chamber of Mines said Wednesday, underscoring the woes of the once-vital industry. Gold output in October was 125 kilogrammes in October, down from 352 kilogrammes in the same month last year, the chamber said. The ...

Zambia Jan-Sep Copper Output Up 10.7% On Year - Official

Thursday, November 20th, 2008

Zambian copper production in the first nine months of the year increased by 10.7% on year as copper mines recovered from operational disruptions suffered earlier in the year, a government official told Dow Jones Newswires Wednesday. An official with the ministry of mines and mineral development said central bank data indicates ...

Research and Markets: Mining Industry - Global Strategic Business Report Includes Indexed, Easy-To-Refer, Fact-Finder Directory Listing

Thursday, November 20th, 2008

Research and Markets has announced the addition of the "Mining Industry - Global Strategic Business Report" report to their offering. The global outlook series on the Mining Industry provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report provides a bird's eye view of the ...

Zambia: Mining Operations to Go On

Wednesday, November 19th, 2008

IN the past few months, there has been uncertainty in the economy and there were fears that Zambia might lose the gains that have been achieved so far. The Kwacha strength against convertible currencies declined, copper prices tumbled on the international market, inflation began to rise and it generally appeared as ...

Learn about the World Mining Industry Market Brief

Wednesday, November 19th, 2008

The global outlook series on the Mining Industry provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report provides a bird's eye view of the industry, and highlights the implications boded by the consolidation wave, and rising mineral prices. The discussion on the global ...

Energy economics Small cities not dependent on Barnett Shale bounties

Tuesday, November 18th, 2008

The booming Barnett Shale production during the past five years has been a boon to some of North Texas’ sparsely populated yet gas-rich cities, but city officials said they aren’t counting their chickens before they hatch. Bridgeport and Decatur are prime examples of the impact an industry can have on economic ...

KGHM sees 2009 copper production in line with 2008

Tuesday, November 18th, 2008

KGHM KGHM.WA, Europe's biggest copper miner, expects its output in 2009 to be in line with this year's even though it expects a 2-1/2 month maintenance shutdown of its Glogow mine, its chief financial officer said on Monday. In its full-year budget, KGHM sees its copper output at 512,000 tonnes in ...

George Forrest International Afrique S.P.R.L. to Acquire Forsys Metals Corp in Cash Transaction Valued at Approximately CAD$579 Million

Tuesday, November 18th, 2008

Forsys Metals Corp ("Forsys" or the "Company") (TSX: FSY)(FRANKFURT: F2T)(NSX: FSY) and George Forrest International Afrique S.P.R.L. ("GFI") announce that they have entered into a definitive agreement pursuant to which GFI will effectively acquire, by way of a court-approved plan of arrangement, all of the outstanding common shares of Forsys ...

Carpathian Doubles Multi-Million Ounce Gold Resource on the Rovina Valley Project, Romania

Tuesday, November 18th, 2008

Carpathian Gold Inc. is very pleased to announce its updated National Instrument 43-101 compliant Resource Estimate, as provided by independent consultants PEG Mining Consultants Inc. ("PEG"), on Carpathian's 100% owned Rovina Exploration License in central Romania, which hosts the Colnic Au-Cu Porphyry deposit ("Colnic"), the Rovina Au-Cu Porphyry deposit ("Rovina") ...