Search Results
Federal Government Rejects Takeover Bid OZ Mineral and Mining Resources in South Australia
Debt-laden mining company OZ Minerals is holding talks this weekend to try and strike a new takeover deal with China’s state-owned Minmetals.
Mining Companies, Vale – Xstrata – Rio Tinto Submitted Proposal To Develop Mongolia Coal Mine
Vale, Xstrata and Rio Tinto are among the companies that have submitted proposals to develop Mongolia’s prized $2 billion Tavan Tolgoi coal mine, according to two people with direct knowledge of the matter.
Copper Mine Prices Slump, Freeport-McMoRan Copper & Gold Inc. Into Worst This Year
Freeport-McMoRan Copper & Gold Inc., the best-performing stock among North American mining companies in 2007, turned into the worst this year. Analysts say the company may not fare much better in 2009 as copper prices slump.
Mining Companies Stock On U.K. Trade : BHP Billiton, Rio Tinto, Vedanta Lead Decline
U.K. stocks fell, led by BHP Billiton Ltd., the world’s largest mining company, and Rio Tinto Group as metal prices retreated.
Provident Financial Plc, a U.K. lender to lower-income households, dropped after saying 2007 pretax profit before items will fall. Arriva Plc declined after saying 2007 earnings at its rail division will be affected by the [...]
Gold and other mining investments strong results in Toronto market
The Toronto stock market found strength from gold and other mining investments in morning trading Wednesday, while New York reacted to Cisco Systems’ strong results and earnings outlook.
Toronto’s S&P/TSX composite index was up 191.69 points to 13,752.26. The gold sector led increases, up 2.2 per cent, with the December bullion contract on the Nymex gaining [...]
Gold futures rise, set to break a two-session losing streak
Gold futures climbed Friday, ready to recoup about half of the nearly $9 an ounce they lost over the prior two trading sessions and log a gain for the week.
Growing concerns over terrorist activity and strength in oil prices boosted the metal’s appeal as an investment hedge, eclipsing mixed trading in the U.S. dollar.
“The combination [...]
Mindoro Resources Ltd.: Further Positive Drill Results From Agata Nickel Laterite
Mindoro Resources Ltd. is pleased to report results from a further eleven drill holes on two drill cross sections on the Agata nickel laterite project. The limonite horizon on the two sections, 100 meters apart, averages 1.15 percent nickel and 44.77 percent iron over an average thickness of 6.63 meters. These grades exceed current requirements [...]
Gold futures close higher for the day, down 1% for the week
Gold futures closed higher Friday as news reports that North Korea has test-fired several missiles boosted the metal’s appeal as a safe-haven investment, but prices still closed out the week 1% lower after tumbling more than $9 an ounce in the previous session.
“Once gold prices hit close to $650, that level is considered a bargain [...]
Bulge bracket firms dominate in Asia
While bulge bracket firms did not dominate the Financial Times/StarMine Awards for Europe in 2006, they certainly did in Asia.
Independent research houses have made significant in-roads in the US and Europe but, judging from the results, when it comes to producing accurate company analysis the emerging markets of Asia require an altogether higher level of [...]
