Signet Jewelers has made a $50.9 million prepayment to its note holders, the specialty retail jeweler announced Tuesday. The payment was made in accordance with its note purchase agreement as amended on March 18, 2009.
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OPEC raised its demand forecast to 85.24 million barrels per day, 100,000 barrels higher than February projections. OPEC said on Wednesday that world demand is expected to grow by 900,000 barrels a day in 2010. OPEC has not revised its production quotas
The Chilean mining sector collectively suffered relatively minor damage and disruption by the earthquake and subsequent tsunami that hit the country’s south-central area on Feb. 27, 2010, according to Fitch Ratings. The companies in this sector are not
Source: Reuters GOLD fell sharply today as speculators were exiting positions in which they previously bought, with the decline accelerating on sell stops, which are preplaced orders triggered when certain chart points are hit. Several observers said
OTTAWA and TORONTO, ONTARIO — (Marketwire) — 03/10/10 — A coalition of Canadian non-governmental groups today filed a memo with the RCMP asking it to investigate Calgary-based Blackfire Exploration Ltd. and its Mexican subsidiary under the Corruption
* Deal gives Mitsubishi stake in CAP mining subsidiary * Total value of deal $924 million (Adds background, CAP chairman’s comment, share price) SANTIAGO, March 10 (Reuters) – Shareholders of Chilean steel and iron ore producer CAP CAP.SN approved a plan
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The Gold Report has again interviewed newsletter writer and commentator Lou Paquette, who launched the Emerging Growth Stocks website in 1995 to provide investors and speculators with a unique alternative to what he saw was a growing problem with co
MUMBAI: The National Stock Exchange of India (NSE) and the Chicago Mercantile Exchange (CME) Group on Wednesday announced cross-listing arrangements, including licence pacts covering benchmark indexes for U.S. and Indian equities. The parties have also
Floyd “Bud” Ray Howell lost his battle with esophageal cancer March 4, 2010. He was born to Raymond Howell and Nancy Havercamp on Oct. 20, 1948, in Sandborn, Ind. He grew up in Indiana and Bisbee. After high school he was drafted to the Army and
MONTREAL, March 10 /CNW Telbec/ – The Board of Trade of Metropolitan Montreal and its five pillar sponsors-Astral Media, Bell Canada, Hydro-Québec, Desjardins Group, and Rio Tinto Alcan-are proud to launch a new campaign today to recognize Montréal’s
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Email a Friend Latest News Releases OTTAWA and TORONTO, ONTARIO–(Marketwire – March 10, 2010) – A coalition of Canadian non-governmental groups today filed a memo with the RCMP asking it to investigate Calgary-based Blackfire Exploration Ltd. and its
SANTIAGO, March 10 (Reuters) – Chilean steel and iron ore producer CAP CAP.SN said on Wednesday it plans to invest $1.38 billion in its iron ore business between 2010 and 2014, after shareholders approved a plan to sell a 25 percent stake in the mining
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LARGE corporations could pay as much under Tony Abbott’s parental leave plan as they would in the early years of the government’s emissions trading scheme, which the Coalition voted down saying it was a ”great big new tax” that would cascade through
As inflation fears and the ailing US dollar remain in play, Wang Lixin, general manager of the World Gold Council (WGC) China, is sanguine that the demand for pure gold jewellery – which has been viewed as both an investment and appealing pieces that
The few remaining residents of a Pennsylvania coal town decimated by a 48-year-old underground mine fire claim in court papers that a “massive fraud” is being perpetrated by parties seeking to grab the mineral rights to hundreds of millions of dollars worth of anthracite coal.
Frank Holmes submits: Yesterday afternoon I sat down with Aaron Task from Yahoo! Finance’s Tech Ticker to discuss my outlook for gold and oil. Despite a recent run-up in gold prices, I explained to Aaron that I am still bullish on gold.I think there are many compelling factors both from a supply side and from the demand side that looks like gold will trade higher…The only supply coming to the market is from central banks. Supply from mines is contracting as it’s getting more difficult, more expensive to produce an ounce of gold and deliver it to the marketplace. »
South Africa’s state-owned mining firm African Exploration, Mining and Financing Corp. (AEMFC) has dropped a coal exploration project in Botswana because it is no longer viable. The Bosa Energy project was meant to explore for coal, coal bed methane
* Futures liquidation, profit-taking pressure market * Euro zone fiscal woes could underpin gold prices