Oil prices slip but tensions stay high

Oil prices slipped on profit-taking Monday but remained supported by anxiety over the tensions between Iran and Britain and news of another oil worker kidnapped in Nigeria.
The British government said

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49 North Resource Fund Announces Merger Plans

49 North Resource Fund Limited Partnership and 49 North 2006 Resource Flow-Through Limited Partnership (the 2006 Fund) report that they plan to merge the two Funds in a reorganization transaction

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Iron Ore Mine Exploration by BHP Billiton in Australian Suspends

Exploration of iron ore mine perforced to be stopped by happened an accident in mine exploration locatio. Iron ore mine project is property of the biggest mining company of

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Iraqi oil opens for Western exploitation

Under a new law, Iraq’s massive oil reserves will open for Western oil companies, fueling debate on whether the war in Iraq is for oil.
The Independent reported on the law,

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Gold Prices Declines From Record in Asia as Rally Encourages Selling

Gold prices dropped for the first time in three days in Asia as some investors sold the metal to lock in gains after its rally to a record and as

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