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India’s Iron Ore Mine Exports Increase To 13.9 million tones in January 2009
Rupee depreciation seems to have offset the impact of 5% export duty on Indian iron ore, thus acting as a boon for Chinese steel companies which are trying to slowly roll back production cuts announced in October 2008.
India Mining Exploration Sector Review and Mining Investment Future
India is state that is always experiences improvement in doing exploration of mine, as reported in the year 2007 exploration sectors of mine in India experiences improvement of 32 per cent. But in the same year of cost to do exploration of mine experiences improvement 38 per cent.
This condition makes some mine companies to do [...]
India’s state-owned Oil & Natural Gas gets a new chairman
India’s state-owned oil company, Oil & Natural Gas, has given its acting chairman, R.S. Sharma, the role permanently after a 14-month search failed to attract private-sector candidates for a job that pays about $20,000 a year.
Sharma, 56, won final approval from the office of the prime minister on Wednesday. He replaced Subir Raha, who stepped [...]
Illogical to demand Iran unconditionally suspend enrichment – Blix
Former director general of the International Atomic Energy Agency (IAEA) Hans Blix says that demands made on Iran to unconditionally suspend its enrichment programme are beyond commonsense.
“It is illogical to ask Iran to suspend its enrichment programme before any diplomatic negotiations take place about the conditions for the suspension,” said Blix, who now chairs the [...]
Fierce competition in scramble for Libya’s black gold
After 20 years of isolation, Libya has become the destination of choice for hungry oil companies ready to cut any kind of deal to get a piece of the north African state’s oil riches.
“It’s a race for our black gold,” president of the National Oil Company Shukri Ghanem told AFP. “We are organising it like [...]
CEO on energy group that will discourage coal-fired power plants
A high-powered group including Duke Energy’s Jim Rogers will unveil its plan today to address global warming by discouraging coal-fired power plant projects similar to one Rogers urged N.C. regulators to approve on Friday.
Opponents of Duke’s proposal to build two 800-megawatt coal-fired units at its Cliffside facility west of Charlotte say Rogers is contradicting himself.
London shares higher midmorning, lifted by M&A activity; miners also in focus
At 10.02 am the FTSE 100 was up 63.6 points at 6,284.4. The wider market was also higher.
Volume was light with 302 mln shares trading hands in 52,612 deals.
UK blue chips closed lower in thin volumes in the final session of 2006, with a lack of newsflow providing investors with an excuse to take [...]
Nickel Worth Millions On Display In New York City
King Farouk of Egypt owned one. The Smithsonian Institution still does.
And for a few million dollars you, too, could take home one of five known 1913 Liberty Head nickels, rare coins struck clandestinely at the Philadelphia mint after its design was retired.
Stack’s Rare Coin Galleries prepared to show the rare coin Tuesday to potential bidders [...]
Nickel Expected to Sell for $5 Million Previewed in NYC
King Farouk of Egypt owned one. The Smithsonian Institution still does. And for a few million dollars you, too, could take home one of five known 1913 Liberty Head nickels, rare coins struck clandestinely at the Philadelphia mint after its design was retired.
Stack’s Rare Coin Galleries prepared to show the rare coin Tuesday to potential [...]
