June 1st, 2011 Filed Under Mining Stocks
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...
May 30th, 2011 Filed Under Mining Investment
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...
May 29th, 2011 Filed Under Mining Stocks
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...
May 28th, 2011 Filed Under Mining Stocks
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...
May 26th, 2011 Filed Under Mining News
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...
May 24th, 2011 Filed Under Mining News
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...