Gold Stays a High in 4 Weeks

June 1st, 2011 Filed Under Mining Stocks

Gold Stays a High in 4 Weeks

Gold was able to retain its highest for four weeks. Gold was able to maintain its highest for successive four weeks in  Tuesday, but backed out after Germany gave the assurance that it can help Greece to be back on track. According to reuters.com, this pushed investors to go for additional risk while seeking for assets. The Wall Street Journal confirmed... 

KCM Won’t Resort to IPO

May 30th, 2011 Filed Under Mining Investment

KCM Won’t Resort to IPO

Konkola Copper Mine has reached an agreement to go IPO. Konkola Copper Mines, Vedanta Resources Plc’s Zambian unit cleared that rumor that it’s going IPO. According to the report posted in steelguru.com, the company  has not reached the decision of offering its stocks for public. Previous reports stated that Vedanta, the metal producer that... 

Copper Rallies After Fall in Production

May 29th, 2011 Filed Under Mining Stocks

Copper Rallies After Fall in Production

Copper will have it chance to go back with its foot in the market after experiencing fall of production for the past months. A report in Reuters stated that the product maybe back on track as the debt issue in the euro zone eases up. Copper rallies as tight supply view back in focus. London Metal Exchange trade copper at at USD 9,005 per tonne at 0957... 

China Shen Zhou Releases Financial Information for Q1 of 2011

May 28th, 2011 Filed Under Mining Stocks

China Shen Zhou Releases Financial Information for Q1 of 2011

China Shen Zhou Mining & Resources, Inc. Financial information chart. China Shen Zhou Mining & Resources Inc. has finally made the information of its financial report for the first quarter of 2011, available. An article in steelguru.com posted the highlights of the company’s financial information for Q1 for 2011. The highlights give emphasis... 

Mining Firms Need to Submit Injury Records to Feds

May 26th, 2011 Filed Under Mining News

Mining Firms Need to Submit Injury Records to Feds

Mining accident in Chile killed two miners. Peabody Energy Corp. and Massey Energy Co. are the first two major coal mining companies obliged by a judge to submit information about mining accidents. work-related diseases, and injuries.  Based on an article posted in insurancejournal.com, the two coal producers were forced by the federal regulators to... 

Environmentalists Protest Against New Power Plant

May 24th, 2011 Filed Under Mining News

Environmentalists Protest Against New Power Plant

Coal power plants are considered harmful to the environment. Environmentalists are determined to continue their protest against a new coal power-plant that is located at Latrobe Valley, as what has been reported in yahoo.com. HRL, the mining company from Melbourne that will be financing the mining establishment got its permit to conduct or start with... 

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Ruchi Ruchi Soya and ITC, Worlds Fastest Growing Firms

April 29th, 2011 - Posted in Mining Stocks

“Global powers of the consumer products industry 2011,” has been released and the data shows that ITC and Ruchi Soya are one of the fastest growing consumer industries from the list of 50 consumer firms around the world.
The data was released by Deloitte, a famous research firm for providing information about growing industries around the [...]