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Review And Analysis : Gold Mining Industry Development and Mining Companies Growth In China
Over the last few weeks we’ve been paying more attention to China as it emerges from the East. There are three reasons why China poses such an interesting potential return of value for traders.
A very interesting read is an interview with Jim Rogers about his thoughts on China.
“While he says that China is the only [...]
Risk Oil Prices Declince, OPEC To Keep Quota To Support Oil Price
StatoilHydro ASA, the world’s largest offshore oil and gas operator, said there’s a risk oil prices will decline amid concern the economy will re-enter recession, prompting OPEC to maintain quotas this week.
Giant Oil and Gas Company, Exxon Mobile Expect To Spend $129 billion on New Project Oil and Gas Exploration
The head of Exxon Mobil Corp. said Monday the company is not planning to shrink its staff or cut back on investment because of the global economic downturn.
Gold Mining Companies Eye Oppurtunity To Grab Venezuela Gold Reserves Potential
Venezuela is known for its biodiversity, petrochemicals, gold reserves and tourist potential. Even as the country sells world’s cheapest petro products due to heavy subsidies, there is not much heard about the gold treasure hidden in the country.
China Oil Company, PetroChina Co. Reported First Time Drop Profit Since 2001
PetroChina Co., the world’s second- largest company by market value, posted its first drop in full- year profit since 2001 after refining losses widened fourfold and crude oil prices slumped.
China Petroleum & Chemical, Sinopec’s Reported Profit May Double on Pricing Changes (Update1)
China Petroleum & Chemical Corp. may double its profit this year, rebounding from the first decline in seven years, as it benefits from relaxed fuel price controls and declining crude oil costs, analysts said.
China Coal Mining Company, Yanzhou Coal Mining Co. Plans Take Over Felix Resources
Yanzhou Coal Mining Co.’s talks to take over Felix Resources Ltd., whose stock gained 9 percent last year, have stalled after price disagreements, two people with knowledge of the matter said.
Africa Gold Mine Producer, Harmony Gold Mining Plans To Restart Dividend Payment
Harmony Gold Mining Co., Africa’s third-largest gold producer, plans to restart dividend payments in the next fiscal year after a hiatus of more than 55 months.
Citigold Plans Provide Acces To Gold Reef Mining Areas Significant Increase In Gold Mining Production
Citigold has advised that the advancement of the western decline will provide the planned access to additional gold reef mining areas from the current workings. These reefs are the Imperial reef and the Sons of Freedom reef.
