Russia’s diamond mining firm Alrosa expects to sell about $300 million worth of rough and cut diamonds in April, according to a company statement quoted by Interfax. The company is forecasting $2.314 billion in mine output and $3.3 billion in sales revenue in 2010.
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safe country with solid regulations and an abundance of resources. One of those is oil, in particular the oilsands. The demand for oil in the upcoming years will likely be huge, with economies such as India’s and China’s gearing up and most of the easy
(190) (77) (54) (52) (49) (123) (95) (73) (53) The man authorities say was the kingpin of one of the biggest drug organizations in Oregon history was sentenced Monday to 30 years in prison. Prosecutors say Jorge Ortiz-Oliva, 40, oversaw three large
Major policies that could fundamentally change the rules of the game for key business sectors in Australia are either yet to be unveiled or facing deadlock in parliament
The top shares rose in midsession trade on Tuesday, led by miners and oils buoyed by commodity prices, and banks were firmer ahead of results from Goldman Sachs . By 11:24 a.m., the FTSE 100 index was up 44.73 points or 0.8 percent at 5,772.64, having
SYDNEY -(Dow Jones)- Plans for Hong Kong-based commodities trader Noble Group Ltd. (N21. SG) to sell its stake in the Queensland state-based Middlemount coal mine to its joint venture partner Macarthur Coal Ltd. (MCC.AU) have been terminated with
Gold traded little changed below $US1140 an ounce in Asia as traders weighed the likely impact of regulatory action against Goldman Sachs Group on investor demand for commodities. Gold for immediate delivery swung between a gain of 0.2 per cent and a
Standard Commodities, the exchange-traded commodity (ETC) platform of the Royal Bank of Scotland, has issued its inaugural product on the Xetra exchange in Germany. The RBS Physical Gold ETC enables investors to participate in the performance of the
Close The Australian sharemarket edged higher today, recouping some of Monday’s losses as investors focused on solid earnings on Wall Street and fears ebbed over the fallout from fraud charges against top bank Goldman Sachs. The benchmark S&P/ASX200
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The junior diamond miner says it is planning to sign on a partner to develop a second mine
Source: News BitesCoalspur Mines Ltd will make a placement to the Highland Park Group who will become a strategic investor in the company. The placement will involve an issue of 60 million shares at 50c each to Highland Park or its nominees to raise $30
Iron ore supplies from India’s largest miner, NMDC Ltd, have stopped from a key state after suspected Maoist rebels damaged rail tracks, government officials said on Tuesday. A freight train carrying 4,000 tonnes of iron ore from state-run NMDC’s mine in
The Aluminium Corporation of China said improved demand for the metal helped boost earnings
By David Brett LONDON (Reuters) – The top shares rose in midsession trade on Tuesday, led by miners and oils buoyed by commodity prices, and banks were firmer ahead of results from Goldman Sachs (). By 11:24 a.m., the FTSE 100 index was up 44.73 points
LONDON, April 20 (Reuters) – Silver Mines Ltd: * Drilling has re-commenced on our 100% owned Webbs Silver project in NSW ((London Equities Newsroom; +44 …
The Department of Environment and Natural Resources regional office (DENR-7) announced that it will conduct a new set of laboratory tests on coal combustion waste. The agency said it hopes the move will settle once and for all whether or not the level of
22 million pounds of Copper in Concentrates with estimated Total Cash Cost of US$1.12 per Pound of Payable Copper* VANCOUVER, April 20 /PRNewswire-FirstCall/ – Capstone Mining Corp. (CS: TSX) today announced its production for the three months ended
FONTANA, Calif., April 20 /PRNewswire/ — California Steel Industries, Inc. (“CSI”) today reported first quarter results for the period ended March 31, 2010. Sales revenues are $232.7 million, and net income for the period is $10.4 million, a definite
CBH Resources Limited (CBH) said it received a 20% improved proposal from Toho Zinc Co., Ltd after the close of trade yesterday. The company said under the Improved Toho Proposal, the offer price for Tohos proportional offer for CBH shares has been
April 20 (Reuters) – Capstone Mining Corp: * Reports first quarter copper production & operating costs * Says qtrly production of 22 million pounds of …