HARARE (AFP) Zimbabwe’s Supreme Court has ordered two government mining firms to stop operations on British-owned diamond mining fields plagued by human rights abuses, state newspapers reported Thursday. The case was brought to the court by British-based
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The maker of a popular denture adhesive said Thursday that it will stop making the product and reformulate it to remove zinc, which has been linked to neurological problems. GlaxoSmithKline Consumer Healthcare decided to voluntarily take the action after
A proposed coal-fired power plant in mostly rural Matagorda County, 90 miles from the traffic-choked freeways and smokestacks of Houston, has moved to the center of the debate over the big city’s air. Some federal regulators, Houston lawmakers, and
Gold dropped more than 1% on Friday after the US Federal Reserve said it was raising the interest it charges banks for emergency loans, sending the dollar higher and dimming the appeal of bullion as an alternative investment. But weaker prices could
In spite of gold s recent correction the reasons haven t decreased. In fact the case for holding gold is stronger than ever. And over the past two weeks a few reasons� have surfaced that have fallen mostly under the radar.
British Designer Neil Barrett has partnered with the French footwear label Palladium for F/W 10-11. The designer, famous for his minimalism, has reinterpreted Palladium’s classic canvas military-boot, otherwise known as the “Baggy.” The boots are
WESTERN Desert Resources has signed a terms sheet to farm-in to Hong Kong-based Tianda Resources’ Roper River iron ore project, adjacent to Western Desert’s Mountain Creek iron ore project, in the Northern Territory. You are not logged in or not
AUSTRALIA’S competition watchdog has delayed its decision over the proposed BHP Billion and Rio Tinto joint venture for production of iron ore in Western Australia’s Pilbara. You are not logged in or not authorised to view this page. Get Your FREE 30 Day
The Australian share market finished lower amid profit-taking and a fall on Asian bourses, dragged down after a surprise interest rate increase by the US central bank. Australia’s benchmark S&P/ASX200 index closed down 19.8 points, or 0.43 per cent, at
: THE Queensland government is preparing to prosecute mining giant Xstrata after one of its Mount Isa air monitoring sites found levels of lead higher than allowed by law. An Xstrata spokesman said it exceeded the 1.5 microgram per cubic metre of lead
THE Australian share market finished lower amid profit-taking and a fall on Asian bourses, dragged down after a surprise interest rate increase by the US central bank. Australia’s benchmark S&P/ASX200 index closed down 19.8 points, or 0.43 per cent, at
The board of directors of Arch Coal, Inc. (NYSE: ACI) declared a quarterly dividend of $0.09 per share on the company’s common stock. � The dividend is payable March 15, 2010 to shareholders of record on March 1, 2010. St. Louis-based Arch Coal is the
Back in October I wrote a piece, Are US Treasuries About to Rally or Implode? At that time, I noted that the chart for long-term US debt was forming what could have either been a challenge to long-term support, or a potential head and shoulders pattern.
At the Multi Commodity Exchange (MCX), COMDEX began on a positive note after a rise of 15.47 points, or 0.59% on Thursday. It is currently trading lower by 12.75 points, or 0.48%, at 2,643.83 at 10.01 a.m. after opening at 2,656.71. Other index like
economy flagging investment flagging investment » economy JAKARTA, Feb 19 – Indonesia has issued two new regulations under its mining law to allow firms to start obtaining mining permits, in a move that should increase certainty and help boost flagging
Spot gold dips again after Fed Discount rate hike. Euro Gold remains firm. It is likely to trade in ranges, mostly in the USD 1,095-1,110 band. Buying interest intact, but seen weaker than previous days. Intraday traders would do well to remain neutral
(Adds details, comments) By Narayanan Somasundaram SYDNEY, Feb 19 (Reuters) – Australian stocks fell 0.4 percent on Friday, held back by the U.S. Federal Reserve’s decision to raise its discount rate and by disappointing results from top lender National
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Centennial Coal says it has posted a fall in first half net profit of 27 per cent and it continues to experience strong demand for its thermal coal. The result for the six months to December 31, 2009 was $31.1 million compared to $42.7 million in the
MEXICO CITY -(Dow Jones)- A U.S. labor group said Thursday that it has filed a lawsuit against mining company Grupo Mexico SAB (GMEXICO.MX) and several of its subsidiaries on behalf of three widows of miners who died in a 2006 coal mine explosion. The