Retailers who have managed to survive the trials and tribulations of 2008 and 2009 will find themselves operating in a less competitive “new normal” retail environment in 2010 and beyond. That’s the conclusion of Susan Rada, editor of the National Retail Federation’s magazine, Stores.
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Aluminum demand in China is expected to grow by 15% in 2010 on the back of revivals in the construction and automobile sectors, http://www.chinamining.org reports. According to reports, aluminium’s long-term prospects are good as China is still heavily into urbanisation and its metal intensive growth is likely to continue for many years to come. About 65% of aluminum consumption is in the east and mid south of China. The urbanisation of the northwest and the southwest has great potential for aluminum demand. (more…)
Company: Huaneng Power International, Inc. (HNP) 1. The coal price at Qinhuangdao port, a major coal transit and trading center in China, continued growth for the fourth month in December of 2009, while coal inventories at the Port decreased by 29.4
Do these 5 things today, no matter what the future holds. The last 10 years have been abysmal for many investors. Now that 2010 is here, however, most of us are looking for ways to put the past behind us and find a more prosperous future ahead. With that
* Chuqui union workers poised to strike at 0800 GMT * Codelco says can honor deliveries for now * Short strike seen most likely scenario * Altonorte smelter workers near deal to end strike CALAMA, Chile, Jan 3 – Union workers at Chile’s giant
By Michael Kahn NEW YORK (MarketWatch) — Last month, I wrote that the dollar was due for a rebound. Three days after the column ran here the market took off, likely catching many a dollar-hater off guard. But here we are in a new month and a new year
Xstrata Mount Isa Mines says it is doing all it can to manage stormwater and protect local river systems from contamination. Some of north-west Queensland’s biggest mines were investigated by the Environmental Protection Agency after on-site water
There is only a “very remote chance” debt-laden Griffin Coal will survive its sudden crisis, State Energy Minister Peter Collier has revealed. Emerging from crisis meetings with Premier Colin Barnett, Griffin Executives and administrators
The Queensland Resources Council says the coal industry can expect ‘steady growth’ in the year ahead. Chief executive Michael Roche says new coal export records are likely to be set this year but challenges to the industry include the proposed Emission
Coalcorp Mining Inc. (TSX:CCJ) said Thursday it did not make a US$6.9-million interest payment due on its 12 per cent senior secured notes. The company said it is deliberately not making the payment so it can ‘preserve its cash position as it reviews
(Beijing Time) Xinhua English KUALA LUMPUR, Jan. 4 (Xinhua) — Malaysian Prime Minister Najib Tun Razak has urged Malaysians to eat less sugar for health concerns, local media reported on Monday. Malaysia had one of the highest number of diabetes cases
Workers at Codelco are poised to strike after failing to win bonuses matching the $28,000 per worker BHP Billiton Ltd
There is only a “very remote chance” debt-laden Griffin Coal will survive its sudden crisis, State Energy Minister Peter Collier has revealed.Emerging from crisis meetings with Premier Colin Barnett, Griffin Executives and administrators KordaMentha,
January 2010WELCOME to 2010 and the start of the new normal which, fears, might not be as exciting as some people hope. You are not logged in or not authorised to view this page. Get Your FREE 30 Day Trial Now! OR Members Login Here Email Address
CALAMA, Chile – Workers at Chile’s Altonorte smelter are close to reaching a wage deal with owner Xstrata to end a near week-long stoppage, union leaders said on Sunday. The strike, coupled with a looming disruption at state-owned Codelco’s Chuquicamata
Arrow Energy Limited (ASX: AOE) undertakes gas exploration, development and production activities in Australia and Asia. The company is a major participant in Queensland’s coal seam gas (CSG) provinces. AOE seeks to grow upstream production and reserves
The State Government says it will not bail out Griffin Coal which has racked up debts of about $700 million. The company has been placed into administration, putting at risk the jobs of about 500 workers at Collie. The Premier Colin Barnett and the
AUSTRALIAN stocks were about 0.3 per cent higher on the first trading day of 2010, defying losses on Wall Street. Most of the gains were in the resources sector. At 1200 AEDT, the benchmark S&P/ASX200 index was up 15.5 points, or 0.32 per cent, at
(RTTNews) – Despite a negative close on Wall Street last Thursday, Asian stock markets are mostly trading higher on Monday with investors indulging in some selective buying in stocks cutting across various sectors. The upside, however, is not much
Ironclad Mining Ltd shares soared over 35 per cent after it announced plans to fast-track production of iron ore at Wilcherry Hill in South Australia to take advantage of strong global markets. The company says tests of high-grade ore from the Weednanna
Commodity demand is a measure of the strength of economic development. It is a leading indicator because it shows anticipated demand. Every new apartment building and office block requires kilometers of copper wire. Copper is one of the foundation metals