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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.
Hassan on Petronas’ future plans
Petronas president Tan Sri Hassan Marican, in a separate interview with Azam Aris and Surin Murugiah from The Edge Financial Daily after announcing its financial results for the year ended March 31, 2007, provides an insight into the company’s operations and future plans. Here are excerpts of the interview:
FD: Another record profit year for Petronas. [...]
Callon Petroleum Completes Acquisition of Stake in Entrada Field
Callon Petroleum Company has closed the acquisition of BP Exploration and Production Company’s 80% working interest in the Entrada Field for total cash consideration of $190 million. The purchase price included $150 million payable at closing and an additional $40 million payable after the achievement of certain production milestones.
BreitBurn Energy Partners L.P. to Acquire Permian Basin Oil Properties
BreitBurn Energy Partners L.P. announced today it has signed a definitive agreement to acquire high quality oil properties in the Permian Basin of West Texas for approximately $29.0 million from Voyager Gas Corporation. BreitBurn is acquiring the Lazy JL Field, which has total proved reserves of approximately 2 million barrels of oil equivalent (MMboe) and [...]
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 [...]
