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Tri-Valley To Advance Alaska Gold Mine Exploration and Industria Mineral Properties
Tri-Valley Corporation announced that its minerals subsidiary, Select Resources Corporation, has entered into an official stage of information exchange with industry parties to advance its Alaska gold and industrial mineral properties.
Mining Exploration and Commodity Trends in 2009
The year 2008 is coming to an end on a positive note for commodities sector as it continues to outperform equities and other financial investment options. In India, commodities sector led by oil, mining and metals have been found to be the greatest wealth generators beating IT sector and real estate in the game.
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 [...]
Charges to Income Lead to Pogo’s First Quarter Net Loss;
In the first quarter of 2007, Pogo Producing Company (Nachrichten) reported a net loss of ($21,195,000), or ($0.37) per share, on revenues of $351,406,000, compared to first quarter 2006 net income of $67,471,000, or $1.18 per share, on revenues of $373,538,000. Discretionary cash flow in the first quarter of 2007 was $163,574,000, down from $192,261,000 [...]
Coal Surge Seen by Mobius as China’s Imports Increase (Update2)
Coal is poised to rebound from a two-year slump as China buys more than it exports for the first time in history.
Power use in China, the world’s biggest coal producer, is rising 13 percent annually, and utilities are building plants at a record pace. The nation gets 78 percent of its electricity from coal, spurring [...]
Indonesia’s Riches Draw China, India
When it comes to energy and industrial commodities, China and India are Asia’s fiercest competitors. For the last couple of years, both Chinese and Indian companies have done deals across the globe — from Latin America to Africa — to win oil exploration rights or secure long-term raw material contracts.
Now they have set their sights [...]
Brazil’s CSN bids $9.6 bln for Corus
Brazilian steelmaker CSN (NYSE:SID – News) offered on Monday to buy Anglo-Dutch rival Corus Group Plc (London:CS.L – News) for 4.9 billion pounds ($9.6 billion) in cash, trumping a bid made only hours earlier by India’s Tata Steel.
Companhia Siderurgica Nacional (Sao Paolo:CSNA3.SA – News), as the Brazilian company is formally known, said it would pay [...]
Mining Leader Sees Gold Boom Continuing
Buoyed by high prices, demand from Asia and a weak U.S. dollar, the gold industry has flourished since prices bottomed out in 2000 and probably is only halfway through the current boom, a leading industry official said Wednesday.
“Overall, our market is strong and will remain strong for some time to come,” said Ronald Stewart, senior [...]
Cuban Oil and Ethanol Could Prosper in Havana’s Hunt for Energy Supplies
• The pace is now quickening for the Cuban oil industry, whose previous dependence on Moscow for its supplies and operations ended with the demise of the Soviet Union
• Havana is on track for securing energy independence through relationships with foreign investors, including China and Venezuela, among others
• Venezuela proudly flaunts its involvement in the [...]
