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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.
Oil Companies Make Profits At Record-Breaking Levels, U.S Oil Drilling Analysist
With a sign in the background verifying the high price of gasoline, U.S. Sen. Dick Durbin called for curbing excessive speculation in the oil market, which he said is responsible for the continuing escalation of prices at the pump.
He said it’s not just supply and demand that is governing the rapid rise in gasoline and [...]
Disposal Problems Of Australian Coal Mine Export And Improvement Of Usage Of Coal
Australian is state yielding a real potential coal-mine. exploration of Coal-mine in Australian always experiences improvement, this condition accompanied by supply request of coal from some states that is always experiences improvement. The increasing of supply request of coal results Australian to increase activity of ekplorasi and produce of coal. Improvement of ekplorasi this coal [...]
Cameco Corp. and Japan’s Mitsubishi Corp Sign Agreement Acquire Mine Exploration Project in Western Australia
Canada’s Cameco Corp and Japan’s Mitsubishi Corp said on Thursday they will jointly acquire Kintyre uranium exploration project in Western Australia from Rio Tinto Ltd for $495 million.
Cameco will take a 70 percent interest in the project for $346.5 million while the Japanese trading house will acquire the remaining stake through its Sydney-based [...]
Mining Stock in European Tradding Market
European mining stocks rallied for a fifth day, paced by BHP Billiton Ltd. and Rio Tinto Group after metal prices rose.
Bayerische Motoren Werke AG led automakers higher after Barron’s said the stock may surge 20 percent. Deutsche Bank AG fell for a third day after Reuters reported Germany’s biggest bank may have to write down [...]
Fingers of blame point north to Canada
That’s the explanation some oil-field-services companies will be giving in the days ahead for weak spots in their profit reports.
Schlumberger, the world’s largest oil-field-services company, began the refrain Friday when it kicked off earnings season for the industry.
In the second quarter, the company reported a “significant” downturn in its Canadian business as high natural gas [...]
FTSE ends up 0.8 percent as crude price boosts oils
The top share index ended up 0.8 percent on Friday, led by heavyweight oil stocks as crude prices surged to an 11-month high above $76 a barrel and shrugged off better than expected U.S. jobs growth.
The FTSE 100 < .FTSE> closed up 54.9 points, or 0.83 percent at 6,690.1, for a weekly gain of 1.2 [...]
U.S. Energy Corp. Announces a Stock Buy Back Program; Reviews Corporate Development Plans
U.S. Energy Corp. (Nachrichten), a diversified natural resource exploration company announced today that it will initiate a share buy back program. The Company is also pleased to provide its corporate development strategy along with several project updates as follows.
Share Buy Back Program
The Board of Directors of USEG has approved a share buy back program for [...]
