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Increase of the Oil Price and Economic Problems in Indonesia
Indonesia is one of production state of the biggest oil mine. Opening of new land to do oil exploration of deconvolution every year is done, on the other side always is done refinement of usage of technology applied to do exploration of oil mine in Indonesia.
but Indonesia in reality hardly is depressed on the happening [...]
KAL Energy, Inc. Completes Over 2000 Meters of Drilling
KAL Energy, Inc. is pleased to announce that in excess of 2,000 meters of drilling have been completed on Phase 1 of the $2 million 5,000+ meter work program on its Thermal Coal Project in East Kalimantan, Indonesia. This program includes extensive drilling, trenching, sampling and mapping of known geological structures, and exploration for unknown [...]
Goldman, Deutsche Bank Say Double Down on Commodities (Update1)
Anyone who followed the advice of Goldman Sachs Group Inc. last year and invested $10 million in the Goldman Sachs Commodity Index would have lost 15 percent, or $1.5 million.
Like so many of Wall Street’s best and brightest, Goldman, the biggest securities firm by market value, says it wasn’t wrong, just early, and to expect [...]
Mining To Slow Slowly Over Next Two Years
Here’s some good news for the big end of the market where resources are still booming. Leading economic forecaster and industry analyst BIS Shrapnel sees the current boom lasting through until the end of 2008.
It said yesterday that with work in the pipeline and more projects still to start, “investment is forecast to rise another [...]
