Australia’s S&P/ASX 200 Index dropped 1 percent to close at 3,219.20 in Sydney, the lowest since Dec. 16, 2003. The following were among the most active shares in the Australian market today. Stock symbols are in parentheses after company names.
Gold producers: Gold fell for the sixth-straight session yesterday, the longest slump since October. The metal [...]
This could be a landmark year for the AIM-quoted sources of the tower, which is set to test its space with the Ugandan bit in the next few months. This group, this week raised additional funding at the expense of the shares to hold up their plans.
Several years ago, it might not have been too [...]
* Review of definitive feasibility study completed
* Capital expenditure of US$173 million
* Production of 55% Ta2O5 synthetic tantalum concentrate (SynCon)
* Project finance progress
* Completion of independent technical review
* Lycopodium appointed as [...]
By Susie Boeckmann, private investor
As a private investor who has enjoyed the fruits of the expanding resource market over the past several years, it is a sobering experience to see the markets breaking out in what appears to be a rash of boils from an unnamed disease. Trying to rationalise one’s future strategy – where [...]
DENVER — Apollo Gold Corporation announces that it has prepaid U.S. $ 1952000 of U.S. $ 4789000 remaining balance of the under facilities agreement with RMB Australia Holdings Limited ( “RMB”) of the proceeds of unwinding of its hedge position more fully described below.
On 12 October 2007, Apollo entered into U.S. $ 8000000 facility agreement [...]
OTTAWA, ONTARIO - Kinbauri Gold Corp.announced that Anglo Pacific Group PLC Is currently releasing all the funds in escrow in accordance with its right to purchase all the necessary documents have been registered against Kinbauri respective mining rights in Spain. In May 2008, APG closed an agreement with Kinbauri which he bought a net 2.5% [...]
MILFORD, Utah–Copper King Mining Corporation, an ore mining, processing, and exploration company located in Southern Utah, today provided further updates concerning its operations.
New drillings in the company’s current mine locations recently revealed that the ore body present is much larger than expected. In three drilled holes, several hundred feet from the known ore body, the [...]
TORONTO, ONTARIO, Strategic Resource Acquisition Corporation, announced it is opening a temporary custody and maintenance at its wholly owned subsidiary Mid-Tennessee zinc mining complex (MTZ).
The decision follows a thorough assessment of many scenarios and projections zinc prices that leave little support for continued operations under the current market price and credit environments. Since production began [...]
The Vietnam Oil and Gas Group (PVN) is negotiating with BP of Britain and Shell in the U.S. to import crude oil to the refinery in Dung Quat, which should begin operation in February the next year.
PVN has said it intends to import oil to meet 30% asked Dung Quat oil estimated at 3.5 million [...]
JOHANNESBURG –
Currently in Jo’burg as excrement hits the fan. Here, described optimism nation rainbow has something to be happy. Exchange controls absorbed most of South Africa against the banking system in the flooding of the overall toxic debt, the near bankruptcy of financial institutions in most parts of the world.
And of course, Johannesburg is Egoli [...]