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India Mining Industry Will Reach a Total Value of US$45.40Bn
India is home to a myriad of metals and minerals. Globally, the country is the largest producer of sheet mica, the third largest producer of coal, the fourth largest producer of iron ore and the fifth largest producer of bauxite. Besides these natural resources, India also hosts significant reserves of copper, zinc,
gold and about 26 [...]
Oil-rich Abu Dhabi takes lead from high-flying Dubai
Abu Dhabi, which controls more than 90 percent of the vast oil wealth of the United Arab Emirates (UAE), appears to have set its sights on following the example of booming Dubai.
Officials from the largest emirate in the UAE federation used the podium of a two-day economic forum this week to emphasise the emirate’s drive [...]
Venezuela, Oil Producers Buy Euro as Dollar, Oil Fall (Update1)
Venezuelan leader Hugo Chavez is directing a growing share of the country’s oil profits into euros as the dollar and crude prices fall.
The dollar, down 9.5 percent against the euro this year, may face more pressure in 2007 because Venezuela and oil producers from the United Arab Emirates to Indonesia plan to funnel more money [...]
