Archive for the ‘Trade & Market’ Category

Repsol wins oil and gas exploration rights offshore Canada

Friday, November 21st, 2008

Repsol has been awarded exploration rights in Canada's Newfoundland and Labrador Offshore Area, allowing the company to move forward with its plans to increase oil and gas finds and production in the Organization for Economic Co-operation and Development countries. Repsol has successfully bid for three blocks, two in the Central Ridge/Flemish ...

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 ...

Nord Resources’ Johnson Camp mine production estimate raised in scoping study

Wednesday, November 19th, 2008

Nord Resources Corp said a scoping study has found that the company can cost-effectively increase its production from the Johnson Camp copper mine in Arizona to an estimated rate of 40 million pounds of copper per year from the current plan of 25 million pounds. The study by Bateman Litwin, an ...

Chinalco, China bank agree $2 bln Peru mine loan

Wednesday, November 19th, 2008

China's Chinalco (601600.SS: Quote, Profile, Research, Stock Buzz) and a Chinese bank will announce this week a $2 billion loan to develop the Toromocho copper project in Peru, a Peruvian government official said Tuesday. Peru is the world's second largest producer of copper and the Toromocho mine could lift the country's ...

Beacon Redevelopment Industrial Corporation Completes Purchase and Development Agreements of its Coal Mining Rights and Receives Valuation Estimates

Wednesday, November 19th, 2008

Beacon Redevelopment Industrial Corporation (Pink Sheets: BCND) today announced that it's wholly owned subsidiary Beacon Energy Corporation has finalized and completed the purchase of 100% of the coal rights for two parcels of land totaling 1020 acres in Westmoreland County, Pennsylvania. The coal forms part of the Upper and Thick ...

Asian Stocks Decline as Japan Slides Into Recession; BHP Falls

Tuesday, November 18th, 2008

Asian stocks retreated, led by financial companies and commodity producers, as recession in Japan and Hong Kong and declining oil prices heightened concern a global economic slowdown is deepening. Mitsubishi Estate Co., Japan's largest developer by market value, sank 5.4 percent after the Nikkei newspaper said Tokyo office rents retreated ...

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 ...

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") ...