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Australian Mining Sector Forecast Iron Ore and Copper Mine Production Increase To June 2010
Australia forecast a strong rise in iron ore production and a 10 percent jump in copper mine output in the year to June 2010, even after factoring in a more prolonged economic slump that has already triggered supply curbs.
Australian Mining Companies Forecast Strong Increase Iron Ore-Copper Mine Production
Australia forecast a strong rise in iron ore production and a 10 percent jump in copper mine output in the year to June 2010, even after factoring in a more prolonged economic slump that has already triggered supply curbs.
Citigold Plans Provide Acces To Gold Reef Mining Areas Significant Increase In Gold Mining Production
Citigold has advised that the advancement of the western decline will provide the planned access to additional gold reef mining areas from the current workings. These reefs are the Imperial reef and the Sons of Freedom reef.
Canada Mining Exploration Company Shift Away From Metal Mine Exploration to Coal Mine Exploration
Canada’s biggest diversified mining company has made a major shift away from metals to coal.
Teck Cominco Ltd.’s $14-billion (U.S.) offer for Fording Canadian Coal Trust – the largest coal sector deal in history – amounts to a major bet by Teck on continued strength for the commodity, which is used to make steel and is [...]
Mining Trade and Market Analysist : As Oil Nears $100, Look Out Below
Oil prices are soaring. Having jumped 40% since August, crude prices hit another historic high on Nov. 6, rising to $96.70 a barrel. The factors sparking the $2.72 rally this time: bad weather in the North Sea that could force production cuts, the dollar’s continued fall, more violence in the Middle East, and fears that [...]
Forget About the Gold Price Today Stay Focused on the Long-Term
Sometimes it pays to step away from the daily gold stock price action and remind ourselves why we are in a MASSIVE Gold Bull Market.
The Dollar Index (a trade weighted index of the US Dollar vs. other major currencies) is dangling off a cliff.
There is nothing but fresh air under 80. Never in the history [...]
7 ways to invest in the oil boom
Oil prices have been on the rise, but many energy stocks haven’t kept pace. Fortune’s Jon Birger looks at some surprisingly undervalued companies in a still-hot industry.
Since January, the price of oil has risen from $50 to $65 a barrel. Didn’t notice? For casual investors that’s understandable. After all, the last time this happened – [...]
Staffing Is Main Constraint to Oil Output, Schlumberger Says
The biggest constraint to expanding global oil and gas production is a lack of trained younger and mid-career workers in the oil industry, said the head of the world’s largest oil-field-services company, Schlumberger Ltd.
The U.S., Canada, Russia and the Middle East have the largest supply deficits in “petro-technical” staff while China, India and Indonesia have [...]
Chevron’s profit hurt by natural gas prices
No. 2 oil company says net income dropped to $3.77 billion as oil, natural gas prices decreased during the fourth quarter.
Chevron Corp., the No. 2 U.S. oil company, said Friday its fourth-quarter profit fell, pulled down by weaker natural gas prices.
Net income in the quarter dropped to $3.77 billion, or $1.74 a share, from $4.14 [...]
