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Zibb.com: Metals Industry Green Issues (Industry News & Blogs) - 5/30/2012 5:19:00 AM ET ...seasonal patterns suggest buying base metals - The Gl... http://www...technicals-seasonal-patterns-suggest-buying-base-metals/article2353066...technicals-seasonal-patterns-suggest-buying-base-metals/article2353066...
GTSO Reaches Framework Agreement with JV Target - 5/30/2012 5:00:00 AM ET SAN JOSE, Calif.--(BUSINESS WIRE)--GTSO Reaches Framework Agreement with JV Target
New reserves adds to Casposo production - Troy - 5/30/2012 4:58:00 AM ET Gold miner Troy Resources has reported that a mineral reserve update at its Casposo project, in Argentina, could account for a 40% production growth. During the 2012 financial year, the Casposo project would deliver some 90 000 oz of gold equivalent, up from the previous...
Iraq holds 4th postwar oil and gas auction - 5/30/2012 4:42:00 AM ET BAGHDAD (AP) -- A Kuwaiti-led energy consortium on Wednesday won the right to search for oil and gas in southern Iraq as part of the country's fourth postwar energy auction. Two natural gas exploration deals meanwhile attracted no bidders....
India's SAIL upbeat on demand after Q4 profit beat - 5/30/2012 4:22:00 AM ET Steel Authority of India Ltd (SAIL), the country's largest domestic steel producer, is optimistic about demand prospects after beating market estimates with a 3% rise in quarterly profit. The state-run steelmaker posted a 12% jump in quarterly sales, mainly helped by higher...
The Housing Bottom: From 'Bold Call' To Consensus In Just Four Months - 5/30/2012 4:18:00 AM ET
Marengo doubles copper resource at Yandera - 5/30/2012 4:10:00 AM ET ASX- and TSX-listed copper developer Marengo Mining has more than doubled the resource estimate at its Yandera copper-molybdenum-gold project, in Papua New Guinea. Measured and indicated resource now stood at some 362-million tons, at 0.43%, while indicated resource stood...
Origin could raise A$1bn in cash - 5/30/2012 4:06:00 AM ET Media reports circulated on Wednesday that energy major Origin Energy was planning to raise some A$1-billion through a share sale to fund its share of Australia Pacific liquefied natural gas (APLNG) project. Origin and its project partner ConocoPhillips and Sinopec recently...
Galaxy sells first commerical product from Mt Cattlin - 5/30/2012 4:04:00 AM ET Lithium miner Galaxy Resources on Wednesday reported its first commercial spodumene concentrate sale from its Mount Cattlin project, in Western Australia, to a third-party Chinese customer. The miner said that it had sold a large parcel of spodumene concentrate for more...
Kuwait-led consortium gets nod in Iraq energy bids - 5/30/2012 4:03:00 AM ET BAGHDAD (AP) -- A consortium led by a Kuwaiti energy company has won the rights to search for oil and gas in southern Iraq....
Dow Average Has Rare Up Day on China Hopes - 5/30/2012 4:00:00 AM ET U.S. stocks are closed higher and recorded one of their best days in an otherwise dreary month. Investors focused on hopes that China is poised to rev up its economic growth machine and that upcoming ...
Mindoro to spin-out Philippines gold assets into Red Mountain - 5/30/2012 3:47:00 AM ET ASX- and TSX-listed Mindoro Resources on Wednesday announced that it planned to spin out its gold and copper/gold assets in the Philippines into ASX-listed Red Mountain Mining. Mindoro president and CEO Jon Dugdale said that the separation of key gold and copper/gold assets...
Keaton profit surges fivefold - 5/30/2012 3:38:00 AM ET JSE-listed coal miner Keaton Energy has announced a fivefold increase in yearly profit to R149-million. Headline earnings per share rose 145% to 25.2c and earnings per share by 783% to 90.9c a share in the 12 months to March 31.
Norway's Golden Ocean sees end to shipping glut - 5/30/2012 3:38:00 AM ET OSLO (Reuters) - Norway's Golden Ocean, controlled by shipping magnate John Fredriksen, said on Wednesday the pace of new ships coming on to the market was slowing down although overcapacity would weigh on the dry-bulk business in the medium term.
Dow rises on hopes of faster growth in China - 5/30/2012 3:07:00 AM ET NEW YORK - The stock market is desperately looking for good news.On Tuesday, oil prices fell, the euro sank to a 22-month low, and the yield on the U.S. government's 10-year Treasury note fell ...
China stocks edge lower at midday - 5/30/2012 3:00:00 AM ET BEIJING, May 30 (Xinhua) -- Chinese shares edged lower on Wednesday morning, with the benchmark Shanghai Composite Index down 0.1 percent to end the morning session at 2,387.23. The Shenzhen ...
Arch Coal Ex-Dividend Reminder - 5/30/2012 2:35:00 AM ET
Markets Live: Spain, China drag on stocks - 5/30/2012 2:30:00 AM ET Australian shares snap a two-day advance as worries about Spain douse investor hopes that Europe may be on the rebound.
China rolls out mini-stimulus to fight slump - 5/30/2012 2:27:00 AM ET China is rolling out a mini-stimulus to fight its economic slump but is moving cautiously after its massive response to the 2008 global crisis left a painful hangover of inflation and debt.Beijing ...
Gold hits one-week low on euro weakness - 5/30/2012 2:27:00 AM ET Gold dipped to a one-week low on Wednesday, tracking a weaker euro on heightened worries about the euro zone debt crisis as Spain's borrowing costs spiralled towards unsustainable levels. Gold has recently been moving in lockstep with the single currency, which fell to its...
South Africa's telescope success may threaten gas plans - 5/30/2012 2:25:00 AM ET South Africa's winning the rights to host the bulk of the world's biggest radio telescope looks set to clash with plans to use the high-pressure pumping method fracking, which can cause earth tremors, to extract gas from its vast shale deposits. Last week, South Africa won...
Commodity Trading Tips for Crude Oil by KediaCommodity - 5/30/2012 2:25:00 AM ET
Commodity Trading Tips for Natural Gas by KediaCommodity - 5/30/2012 2:18:00 AM ET
US coal company shares rise on upgrade - 5/30/2012 2:18:00 AM ET Shares in US coal companies climbed on Tuesday after Goldman Sachs raised its coverage view for the sector to "attractive" after a recent pullback in coal stock prices. Analyst Andre Benjamin listed Peabody Energy with a "buy" rating because of improving...
Boliden: Information Regarding Potential Upcoming Dispute - 5/30/2012 2:14:00 AM ET BOLIDEN, Sweden--(BUSINESS WIRE)--Regulatory News: Boliden (STO:BOL)(TSX:BOL) has been informed that a number of British and Scottish companies in the listed Travis Perkins Group have sued Boliden in an English court. The claim was filed with the Competition Appeal Tribunal...
Commodity Trading Tips for Nickel by KediaCommodity - 5/30/2012 2:02:00 AM ET
US$6.3 billion Australian coal mine wins conditional approval from gov't - 5/30/2012 2:01:00 AM ET (ChinaPost.com.tw) - A huge AU$6.4 billion (US$6.3 billion) coal mine in Australia's Galilee Basin owned by Indian infrastructure giant GVK and the world's richest woman Gina Rinehart Tuesday won conditional approval.
S. Korea's Posco finishes construction of company's 1st steel factory in India - 5/30/2012 2:00:00 AM ET (ChinaPost.com.tw) - South Korea's Posco, the world's third largest steelmaker by output, said Tuesday it has completed construction of its first steel mill in India.
Markets Live: Spain rains on stocks - 5/30/2012 1:53:00 AM ET Australian shares snap a two-day advance as worries about Spain investor hopes that Europe may be on the rebound.
Commodity Trading Tips for Silver by KediaCommodity - 5/30/2012 1:51:00 AM ET
Commodity Trading Tips for Gold by KediaCommodity - 5/30/2012 1:48:00 AM ET
Asia stocks fall as Spain woes intensify - 5/30/2012 1:18:00 AM ET BANGKOK (AP) -- Investors unnerved by Spain's worsening financial condition and a report that China has no plans for a major economic stimulus dragged Asian stock markets lower Wednesday....
New scrutiny for foreign worker deals - 5/30/2012 1:10:00 AM ET LABOR'S enterprise migration agreements will be examined by a parliamentary committee after key independent MPs expressed concerns over the arrangements.
Taiwan shares open lower - 5/30/2012 1:07:00 AM ET Taipei, May 30 (CNA) The Taiwan Stock Exchange's main index opened 31.64 point lower Wednesday at 7,310.65 on turnover of NT$3.060 billion (US$103.73 million). (By Sofia ...
China Stock Market May Test Resistance At 2400 Points - 5/30/2012 1:03:00 AM ET 5/29/2012 8:52 PM ET (RTTNews) - The China stock market has moved higher now in two straight sessions, collecting almost 60 points or 2.6 percent along the way. The Shanghai Composite Index ended ...
Rally May Continue For Taiwan Stock Market - 5/30/2012 1:03:00 AM ET 5/29/2012 8:32 PM ET (RTTNews) - The Taiwan stock market has moved higher now in consecutive trading days, surging more than 270 points or 3.9 percent along the way. The Taiwan Stock Exchange closed ...
Indian consortium starts due diligence on Afghan reserves - 5/30/2012 12:54:00 AM ET A consortium of Indian companies shortlisted forcopper and gold mining in Afghanistan would start due diligence on the reserves shortly. The consortium of government-controlled entities comprising Hindustan Copper Limited (HCL), National Aluminium Companies Limited (Nalco)...
Hong Kong stocks slump on China stimulus concerns - 5/30/2012 12:22:00 AM ET LOS ANGELES (MarketWatch) -- Hong Kong stocks fell sharply out of the Wednesday open, as a Chinese state-media report tempered expectations for strong stimulus spending, with the Hang Seng ...
Martian Pink diamond fetches $17m in Hong Kong - 5/30/2012 12:16:00 AM ET AFP © <p>A woman looks at the 12.04 carat Martian Pink Diamond on display during a Christie's spring auction preview in Hong Kong on May 24, 2012. The diamond fetched $17.4 million at ...
Energy key topic during Putins visit to China - 5/30/2012 12:00:00 AM ET In the spirit of China and Russia taking risks and profits together, China maintains a positive attitude toward natural gas negotiations between the two countries, the Chinese Deputy Foreign Minister ...
Zibb.com: Metals Industry Green Issues (Industry News & Blogs) - 5/29/2012 11:59:00 PM ET ...seasonal patterns suggest buying base metals - The Gl... http://www...technicals-seasonal-patterns-suggest-buying-base-metals/article2353066...technicals-seasonal-patterns-suggest-buying-base-metals/article2353066...
China rolls out mini-stimulus to fight slump - 5/29/2012 11:55:00 PM ET BEIJING (AP) -- China is rolling out a mini-stimulus to fight its economic slump but is moving cautiously after its massive response to the 2008 global crisis left a painful hangover of inflation and debt....
Asia stocks fall as Spain woes intensify - 5/29/2012 11:46:00 PM ET BANGKOK (AP) -- Investors unnerved by Spain's worsening financial condition and a report that China has no plans for a major economic stimulus dragged Asian stock markets lower Wednesday....
Boom benefits 'outweigh' harm to battlers - 5/29/2012 11:44:00 PM ET Productivity Commission says "undeniable" mining boom benefits outweigh the harm being inflicted on struggling industries.
VB: the second best cold beer - 5/29/2012 11:42:00 PM ET Australia's most popular beer for decades, VB, has lost its crown, with interloper XXXX Gold now officially the nation's biggest-selling brew.
Selwyn reduces scope of project in face of high capital costs - 5/29/2012 10:39:00 PM ET VANCOUVER — High capital costs have forced Selwyn Resources (SWN-V) to drastically cut planned mine throughput for its Yukon lead-zinc underground mine as its tries to make the project affordable.
GVK gets approval for $10 billion coal project in Australia - 5/29/2012 10:31:00 PM ET
Origin mulls $1bn fund-raising - 5/29/2012 10:21:00 PM ET ORIGIN is mulling a $1bn equity raising as it looks at ways to fund its share of the $US20bn Australia-Pacific LNG project.
Helping manufacturing 'won't keep jobs' - 5/29/2012 10:13:00 PM ET THE Productivity Commission chairman has warned against protecting struggling manufacturing firms, saying it will not help jobs overall.
VIDEO: Gold loses some of its lustre - 5/29/2012 9:41:00 PM ET Gold bullion prices are set to post their biggest monthly decline since December after prices fall more than 5% so far this month.
VIDEO: Bhopal gas legacy poisons Olympics - 5/29/2012 9:33:00 PM ET Campaigners in India are keeping up the pressure for Indian athletes to boycott the London 2012 Olympic games
What Traders Are Buzzing About in Asia This Morning - 5/29/2012 9:17:00 PM ET
China May Start Working on Deep-Sea Mining Technology - 5/29/2012 9:11:00 PM ET one of the countries authorized to look for polymetallic sulphide deposits under water. "With the improvement in deep-sea technology, metal resources under the ocean can be explored and mined ...
This Is Easily The Craziest Reason Why A Company Would Boost Its Dividend - 5/29/2012 9:02:00 PM ET
BofA: The Bullish Argument For Dividend Stocks Is A Simple Case Of Supply And Demand - 5/29/2012 8:29:00 PM ET
East and West can mine future - 5/29/2012 8:28:00 PM ET THE rise of the East does not mean the decline of the West, and new partnerships may be expected to exploit new resources.
Bowen keeps power on visa deals - 5/29/2012 8:28:00 PM ET CHRIS Bowen remains the decision-maker on enterprise migration agreements, despite new layers of oversight on approvals, says a colleague.
New details in suspicious death of CDA Tribe member - 5/29/2012 8:22:00 PM ET Investigators found Thomas Schoolcraft dead on May 18th on the tribe's land in Plummer. Sources close to the investigation say determining just how Thomas Schoolcraft died is difficult because his autopsy is one you'll see once almost every six yea
Argentina makes life difficult for mining equipment importers - 5/29/2012 8:19:00 PM ET Argentina's government tightened controls on imports of equipment and supplies by mining companies this week in a new measure to boost the trade surplus and foreign currency stocks, according to reports by Reuters. Mining companies operating in the country, which includes...
Chesapeake to meet with major lenders this week: sources - 5/29/2012 8:14:00 PM ET NEW YORK (Reuters) - Chesapeake Energy will meet with many of its major lenders in Oklahoma City later this week, as the second-largest U.S. natural gas producer scrambles to raise cash to close a $9 billion to $10 billion funding shortfall, according to sources familiar...
Taiwan Stock Market May Reverse Mondays Gains - 5/29/2012 8:10:00 PM ET 5/28/2012 8:32 PM ET (RTTNews) - The Taiwan stock market on Monday wrote a finish to the three-day losing streak in which it had given away more than 200 points or 2.9 percent. The Taiwan Stock ...
Kinross unloads stake in Crixas for US$220 million - 5/29/2012 8:05:00 PM ET VANCOUVER — Canada’s third-largest gold producer Kinross Gold (K-T, KGC-N) has divested its 50% stake in the Crixas gold operation in central Brazil to South African partner AngloGold Ashanti (AU-N, AGG-A) in a cash deal worth...
Ferguson warns on wage rises - 5/29/2012 7:50:00 PM ET RESOURCES Minister Martin Ferguson has warned that wage increases twice the rate of inflation cannot be sustainable without workforce productivity measures.
Canadians Still Think Real Estate Has Nowhere To Go But Up - 5/29/2012 7:43:00 PM ET
The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of LeCroy Corporation in Connection with the Sale of the Company to Teledyne Technologies Incorporated - 5/29/2012 7:36:00 PM ET NEW YORK--(EON: Enhanced Online News)--Levi & Korsinsky is investigating the Board of Directors of LeCroy Corporation (Nasdaq: LCRY) for possible breaches of fiduciary duty and other violations of state law
Gold Investors Rush for the Exits - 5/29/2012 7:35:00 PM ET Investors often have rushed to gold during flare-ups in the European crisis. But as they fret about Greece's future in the euro zone and Spain's credit-market woes, fewer are seeking out the precious metal.
Anvil acquisition helps Minmetals turn the corner in Congo - 5/29/2012 7:31:00 PM ET Former Canadian-owned copper mine the springboard for Chinese company’s aggressive growth plan. It’s a lesson learned from a failed takeover bid for Noranda years earlier
Ottawa's environmental review overhaul under fire - 5/29/2012 7:13:00 PM ET Giving cabinet the power to overturn any future NEB review ruling undermines system’s credibility, critics charge
Here Are The Key Market Moving Events For Wednesday, May 30 (TIVO, LGF) - 5/29/2012 7:03:00 PM ET Japan starts things off at 7:15 p.m. on Tuesday evening with manufacturing PMI. There is no consensus for the May report, which follows a 50.7 reading. Australian retail sales follow at 9:30 p.m. with expectations for a 0.2 percent sequential gain in...
Dow Finishes Up 125 Points - 5/29/2012 6:54:00 PM ET Stocks marched higher amid optimism about Greece's prospects to remain in the euro zone, offsetting a disappointing reading on U.S. consumer confidence.
Shell sees Kitimat project as a test case for federal push to fast-track projects - 5/29/2012 6:45:00 PM ET Company’s spending in Canada weighted toward natural gas, not oil sands over next decade
Kitimat project a test for federal push to fast-track projects: Shell - 5/29/2012 6:45:00 PM ET Company’s spending in Canada weighted toward natural gas, not oil sands over next decade
US shares up on China stimulus hopes - 5/29/2012 6:20:00 PM ET US stocks have risen more than one per cent, helped by hopes that China will launch a stimulus program and signs that Greece's elections might push through a euro-friendly ...
Canadian Markets Canada stocks rise on China stimulus - 5/29/2012 6:18:00 PM ET SAN FRANCISCO (MarketWatch) -- Canadian stocks rose Tuesday but closed off their highs for the day as Spain's credit rating fell deeper into junk territory, offsetting the positive impact of the ...
Positive PEA for Sabina's Back River - 5/29/2012 6:02:00 PM ET Sabina Gold & Silver (SBB-T) highlights high grades and low operating costs at its Back River gold project in Nunavut in its recent preliminary economic assessment (PEA).
Facebook Stock Falls Below $30 a Share - 5/29/2012 6:01:00 PM ET Shares in the social networking site Facebook fell to less than $30 Tuesday. The price of Facebook dropped $3.07, almost 10 percent, to close at $28.84. Facebook shares are 24 percent lower since their highly publicized IPO on May 18th of $38. Financial experts say Facebook...
INFOGRAPHIC: A Crystal Clear Breakdown Of How The US Economy Uses 5 Major Forms Of Energy - 5/29/2012 5:56:00 PM ET
INFOGRAPHIC: How The US Economy Uses 5 Major Forms Of Energy - 5/29/2012 5:55:00 PM ET
A rare gain for the Dow on hopes for China growth - 5/29/2012 5:55:00 PM ET But stocks rose anyway. In fact, they had one of their best days in an otherwise dreary month. Investors focused on hopes that China is poised to rev up its economic growth machine and that upcoming ...
Wall Street rises on Greek bets, Facebook falls 10 percent - 5/29/2012 5:54:00 PM ET NEW YORK (Reuters) - Stocks rose on Tuesday as signs Greece would stay in the euro zone were enough to spark buying in what has been a weak month for equities, while Facebook plumbed new lows on high volume.
Japan and China will start direct currency trading - 5/29/2012 5:26:00 PM ET Japanese Finance Minister Jun Azumi announced on Tuesday May 28 that Japan and China will begin direct currency trading as from June 1, scrapping the dollar as an intermediary ...
Towers Watson Completes Acquisition of Extend Health - 5/29/2012 4:33:00 PM ET NEW YORK--(EON: Enhanced Online News)--Towers Watson (NYSE, NASDAQ: TW), a leading global professional services company, today announced the completion of its acquisition of Extend Health, Inc., which operates the largest private Medicare exchange in the United States. The...
Taiwans finance minister is resigning over a controversial plan to impose a capital gains tax on the trading of stocks bonds and derivative products. - 5/29/2012 4:27:00 PM ET Taiwan's finance minister is resigning over a controversial plan to impose a capital gains tax on the trading of stocks, bonds and derivative products. Christina Liu said she does not agree ...
Japan women's volleyball players awarded ¥1 million bonuses - 5/29/2012 4:23:00 PM ET The Japan Volleyball Association on Tuesday decided at its executive board meeting to reward the 12 members of the national women's volleyball team with bonuses of ¥1 million each for qualifying for the London Olympics. The JVA said it would reward the women with...
Three carriers get prime frequencies - 5/29/2012 4:18:00 PM ET NTT DoCoMo Inc., KDDI Corp. and eAccess Ltd. will be allocated "platinum" radio frequencies for mobile communications. The companies were the only applicants for the 700-megahertz frequencies to be allotted to three carriers this round, the communications ministry said...
RIM Says Its Going To Have A Loss In Q1, And It Hired Bankers To Explore 'Options' (RIMM) - 5/29/2012 4:13:00 PM ET It hired JP Morgan  and RBC to explore options. It sees an EPS loss in Q1. It will be cutting jobs all year long. There is high churn in the U.S.
Dow average has a rare up day on China hopes - 5/29/2012 4:12:00 PM ET NEW YORK (AP) -- U.S. stocks are closing higher, recording one of their best days in an otherwise dreary month....
China snatches 18 swimming golds to spearhead Military World Games - 5/29/2012 4:12:00 PM ET Chinese swimmers maintained their momentum in swimming at the Military World Games on Wednesday, grabbing four more gold medals and obtaining 18 in total out of 36 available in the pool. After four ...
China appeals to WTO against U.S. duties on Chinese diamond saw blades - 5/29/2012 4:12:00 PM ET The Ministry of Commerce on Friday announced that the country has made an appeal to the World Trade Organization (WTO) to conduct a review of the zeroing measure used by the United States in slapping ...
Chinese vice premier calls for intensified efforts to ensure work safety - 5/29/2012 4:12:00 PM ET Vice Premier Zhang Dejiang on Thursday stressed that more efforts must be made in beefing up safety measures in areas such as coal mining and transportation that often suffer deadly accidents.Zhang ...
Environment concerns could stall shale gas growth, says IEA - 5/29/2012 4:10:00 PM ET LONDON - Environmental concerns could check the growth of the golden age of gas through exploitation of the world's vast resources of shale gas and other unconventional natural gas sources, the ...
Smith Brothers Select Infor10 ERP Business (SyteLine) to Manage Growing Operations - 5/29/2012 4:09:00 PM ET CLINTON TOWNSHIP, Mich.--(BUSINESS WIRE)--Smith Brothers of Berne, a recognized industry leader in the manufacture of fine residential furniture, selected Infor10 ERP Business (SyteLine) manufacturing software to manage operations.
Wall Street ends up over 1 percent - 5/29/2012 4:07:00 PM ET NEW YORK (Reuters) - Stocks rose on Tuesday as signs Greece would stay in the euro zone were enough to spark buying in what has been a weak month for equities, while Facebook plumbed new lows on high volume.
Sonic to Present at Investor Conferences in June - 5/29/2012 4:04:00 PM ET OKLAHOMA CITY--(EON: Enhanced Online News)--Sonic Corp. (NASDAQ: SONC), the nation's largest chain of drive-in restaurants, today announced that the Company will be presenting at the following conferences in June. On Tuesday, June 5, 2012, the Company will present at the...
WellPoint Announces Appearances at Upcoming Conferences - 5/29/2012 4:03:00 PM ET INDIANAPOLIS--(EON: Enhanced Online News)--WellPoint, Inc. (NYSE: WLP) announced today that senior management is scheduled to present at the following conferences: Jefferies 2012 Global Healthcare Conference on June 5, 2012, at 9:00 a.m. Eastern Daylight Time (EDT); and...
STOCKS SURGE, FACEBOOK TANKS: Here's What You Need To Know (DIA, SPY, QQQ, FB) - 5/29/2012 4:00:00 PM ET Recently, the only thing more exciting than American election polls are the Greek election polls.  The latest numbers show that the left-wing, anti-bailout SYRIZA party is losing ground to the the pro-bailout New Democracy.  Basically, this means that the...
Research and Markets: Analysis of the Global Solid Wires Market - 5/29/2012 3:53:00 PM ET DUBLIN--(BUSINESS WIRE)--Research and Markets () has announced the addition of Frost & Sullivan's new report "Analysis of the Global Solid Wires Market" to their offering. This is an analysis of the global solid wires market, which has been growing significantly over the...
The Housing 'Bottom' Does Not Mean We'll See A Recovery - 5/29/2012 3:43:00 PM ET
Here's One Stock Traders Are Using As A Proxy For The Greek Exit - 5/29/2012 3:31:00 PM ET
The Housing Bottom Is Here - 5/29/2012 3:04:00 PM ET
[Update] Authorities tame Kirkland Lake, Timmins forest fires - 5/29/2012 2:50:00 PM ET VANCOUVER — Raging forest fires attributed to irresponsible campers near the towns of Kirkland Lake and Timmins in northeastern Ontario forced residents from their homes, and impacted four regional gold operations, as fire crews and the...
NY pension fund urges no vote on Chesapeake directors - 5/29/2012 2:39:00 PM ET HOUSTON/NEW YORK (Reuters) - The head of New York's state pension fund urged shareholders of Chesapeake Energy Corp to withhold votes to re-elect two members of the natural gas producer's board.
Kuwait to invest in UK oilfield - 5/29/2012 2:25:00 PM ET Foreign investment arm of Kuwait Petroleum Company is to acquire a 35% interest in the Alma and Galia oilfield developments operated by EnQuest
People In Canada Still Think Housing Has Nowhere To Go But Up - 5/29/2012 2:23:00 PM ET
Comment: Seniors should stay longer in the workforce - 5/29/2012 2:07:00 PM ET Seniors working longer is a win-win situation for Canadians, says actuary Fred Vettese. They will need the money and Canada will need the workers
YARDENI: Cheap Natural Gas Is Great News For US Manufacturing Jobs - 5/29/2012 1:49:00 PM ET
Codelco and Anglo move to end legal battle - 5/29/2012 1:45:00 PM ET Meetings between senior executives are expected to start in the next two weeks as a June 22 deadline for litigation is set to resume
Hong Kong Billionaire Vincent Los Shui On Land Soars 7 On Spinoff Plan - 5/29/2012 1:45:00 PM ET Shares in Shui On Land, the real estate developer controlled by Hong Kong billionaire Vincent Lo, soared 7% on Tuesday after the company said it had applied to the Hong Kong Stock Exchange to spin ...
Two jurors drop out of Gupta insider-trading trial - 5/29/2012 1:38:00 PM ET NEW YORK (Reuters) - Two jurors have dropped out of the insider-trading trial of former Goldman Sachs Group Inc board member Rajat Gupta, who is charged with giving corporate secrets to imprisoned hedge fund manager Raj Rajaratnam.
10000 people suffer due to manganese tainted tap water in S China town - 5/29/2012 1:36:00 PM ET .arial13bld-black { font-family: Arial, Helvetica, sans-serif; font-size: 12px; font-weight: bold; color: #000; text-decoration: none; width: 220px; padding: 4px; border: 1px solid #000; ...
PFSweb to Participate at the 9th Annual Craig-Hallum Institutional Investor Conference - 5/29/2012 1:33:00 PM ET ALLEN, Texas--(EON: Enhanced Online News)--PFSweb, Inc. (Nasdaq: PFSW), an international provider of end-to-end eCommerce solutions, today announced that it will be participating at the 9th Annual Craig-Hallum Institutional Investor Conference on Wednesday, May 30, 2012 at...
PRESENTING: The Government's Awesome Guide To Energy Industry Slang - 5/29/2012 1:31:00 PM ET
Gupta Could Be Risky Witness for Defense - 5/29/2012 1:16:00 PM ET Former Goldman Sachs Group director Rajat Gupta could make a compelling witness at his own criminal insider-trading trial, legal experts say. Or it could be too big a gamble.
Stocks higher on hopes for China stimulus - 5/29/2012 1:13:00 PM ET NEW YORK (AP) -- Stocks jumped Tuesday, one of their best days in an otherwise dreary month, after China appeared poised to rev up its economic growth ...
Greece China hopes help US stocks rise - 5/29/2012 1:10:00 PM ET US stocks have headed higher after a long holiday weekend helped by hopes China will launch a stimulus program and Greece's more moderate politicians are gaining ahead of ...
London Markets Miners support FTSE 100 on China stimulus hopes - 5/29/2012 1:09:00 PM ET LONDON (MarketWatch) -- British stocks rose for a fourth straight session on Tuesday, as hopes for further stimulus measures in China boosted miners, and BG Group PLC led oil firms higher after ...
Canadian stocks climb on China stimulus hope - 5/29/2012 1:09:00 PM ET SAN FRANCISCO (MarketWatch) -- Canadian stocks rose on Tuesday as investors pinned their hopes on signs that China is pressing ahead with measures to stimulate its slowing economy by lowering the ...
In Mining, Some Michigan Towns See Hope - 5/29/2012 1:09:00 PM ET With copper trading at high prices, a remote area of Michigan is rediscovering its mining roots, raising hopes that the region will recover from a long slump.
BHP 'mega' projects put on hold - 5/29/2012 1:00:00 PM ET BHP Billiton will not approve any of its multibillion-dollar 'mega' projects within the next six months, according to chief executive Marius Kloppers.
Difficult times for miners as costs rise - 5/29/2012 12:51:00 PM ET Shareholders turn on companies planning to invest billions developing the next generation of mines and instead seek returns of capital
China stocks waver modestly Wednesday - 5/29/2012 12:36:00 PM ET BEIJING--The weakness of banking shares weighed on Chinese stock markets, pulling the benchmark indices in Shanghai and Shenzhen modestly lower to close on Wednesday. The benchmark Shanghai ...
Chinese equities lifted by Wens CPI comment - 5/29/2012 12:36:00 PM ET /enpproperty--> SHANGHAI - Stocks on the Chinese mainland rose to a six-week high after Premier Wen Jiabao said inflation will be controlled and service industries expanded at the second-fastest ...
China stocks close mixed - July 5 - 5/29/2012 12:36:00 PM ET /enpproperty--> BEIJING -- Chinese shares closed mixed Tuesday with the benchmark Shanghai Composite Index up 0.13 percent, or 3.54 points, to close at 2,816.36. The Shenzhen Component Index ...
Despite injuries inexperience China in second - 5/29/2012 12:33:00 PM ET ANAHEIM, Calif. (AP) -- Another night like this, and the American men are golden. Rebounding from a rocky start, the United States finished with one dazzling routine after another. Not since ...
CHART: Here's Why Renewable Energy Has Miles To Go Before It Leaps Into Mainstream - 5/29/2012 12:31:00 PM ET
VIDEO: Princes on US TV to mark Jubilee - 5/29/2012 12:31:00 PM ET Prince William and Prince Harry have appeared on US TV network ABC to mark the Diamond Jubilee celebrations of their grandmother, the Queen.
VIDEO: 'Royal wedding difficult without Diana' - 5/29/2012 12:31:00 PM ET Prince William and Prince Harry have appeared on US TV network ABC to mark the Diamond Jubilee celebrations of their grandmother, the Queen.
Research and Markets: Iron Ore Mining Market in South and Central America to 2020 - Infrastructure and High Quality Reserves Provide Incentives for Regional Exports - 5/29/2012 12:30:00 PM ET DUBLIN--(BUSINESS WIRE)--Research and Markets () has announced the addition of the "Iron Ore Mining Market in South and Central America to 2020 - Infrastructure and High Quality Reserves Provide Incentives for Regional Exports" report to their offering. GBI Research's new...
Peter Schiff: What The U.S. Will Look Like If I Were King - 5/29/2012 12:26:00 PM ET
PETER SCHIFF: Here's What The US Will Look Like If I Were King - 5/29/2012 12:26:00 PM ET
Hong Kongs liquefied petroleum gas prices to fall in August - 5/29/2012 12:26:00 PM ET Hong Kong's liquefied petroleum gas (LPG) ceiling prices at LPG stations will range from 4.44 HK dollars (0.57 U.S. dollars) to 4.86 HK dollars per liter in August, down 25 to 26 cents per ...
China stocks plunge on US debt train crash - 5/29/2012 12:26:00 PM ET Chinese stocks tumbled Monday as investors sold off holdings increasingly worried about a possible default of government debt by the United States which is to bring the global economy back to a ...
Chinese swimmers expect breakthrough at London Games - 5/29/2012 12:25:00 PM ET Since the 2008 Beijing Olympic Games, Chinese swimmers have claimed obvious improvement and aim to make breakthroughs at the 2012 London Olympic Games. China won one gold, three silver and two bronze ...
Chinese divers dont dream of gold sweep in London - 5/29/2012 12:25:00 PM ET Chinese divers are happy with 16 full Olympic berths from the 14th FINA World Swimming Championships here in Shanghai, but they never dream of a clean gold sweep in London, team manager Zhou Jihong ...
Six remain trapped in colliery flooding in central China - 5/29/2012 12:25:00 PM ET Rescuers prepare to conduct rescue mission after a coal mine was flooded in Shilong district of Pingdingshan city, central China's Henan province, April 15, 2012. At least five people were ...
Japan, China to start direct currency trading - 5/29/2012 12:17:00 PM ET (ChinaPost.com.tw) - Japan and China said Tuesday they will start direct currency trading this week, marking the first time Beijing has let a major unit other than the dollar swap with the yuan.
POLL: Tell Us Where Stocks Are Going (SPY, GLD) - 5/29/2012 12:07:00 PM ET
Sapient to Present at Bernstein Strategic Decisions Conference - 5/29/2012 12:05:00 PM ET BOSTON--(EON: Enhanced Online News)--Sapient (NASDAQ: SAPE) today announced that Alan J. Herrick, president and chief executive officer, and Joseph S. Tibbetts, Jr., senior vice president and chief financial officer, will present at the Sanford C. Bernstein Strategic...
I'm Coming To Greece, And I Need Your Help! - 5/29/2012 11:55:00 AM ET Someone who wants to help me get around and translate (interviews, political speeches). Recommendations for places to stay. Recommendations for places to eat. People: I want to meet politicians, finance people, laborers, pensioners, and...
I'm Going To Greece, And I Need Your Help! - 5/29/2012 11:55:00 AM ET Someone who wants to help me get around and translate (interviews, political speeches) for me. Recommendations for places to stay. Recommendations for places to eat. People: I want to meet politicians, finance people, laborers,...
Most People Are Irrational About The Fungibility Of Money - 5/29/2012 11:54:00 AM ET
Taiwan shares open higher - 5/29/2012 11:51:00 AM ET Taipei, May 29 (CNA) The Taiwan Stock Exchange's main index opened 46.47 point higher Tuesday at 7,182.47 on turnover of NT$1.78 billion (US$90.59 million). (By Y.F. ...
Citi seeks its next act in wealth management - 5/29/2012 11:49:00 AM ET NEW YORK (Reuters) - As Citigroup prepares to exit its ownership in brokerage giant Smith Barney, the bank is on a hiring spree to build what it hopes will become a significant U.S. wealth management business centered around its high-end Citigold account.
Consumer confidence in the economy plunged in May - 5/29/2012 11:46:00 AM ET NEW YORK (AP) -- Americans confidence in the economy fell the most in eight months as worries about the weak jobs, housing and stock markets continue to rattle them....
Japan China to start direct currency trading - 5/29/2012 11:43:00 AM ET Japan says it will start direct currency trading with China for the first time, scrapping the dollar as an intermediary unit to boost ties between the two Asian economic ...
Win Streak May End For Hong Kong Stocks - 5/29/2012 11:43:00 AM ET 5/28/2012 9:17 PM ET (RTTNews) - The Hong Kong stock market has finished higher now in back-to-back sessions, gathering almost 140 points or 0.8 percent along the way. The Hang Seng Index finished ...
China Stocks May Be Unable To Sustain Recovery - 5/29/2012 11:43:00 AM ET 5/28/2012 8:52 PM ET (RTTNews) - The China stock market on Monday snapped the three-day slide in which it had retreated more than 40 points or 1.8 percent en route to a six-week closing low. The ...
Facebook IPO Turns Off Small Investors - 5/29/2012 11:40:00 AM ET Facebook's IPO problems have left some small investors even more glum about the overall stock market.
JP Morgan's Tom Lee: Here's How Stocks Will React To 3 Greek Exit Scenarios - 5/29/2012 11:38:00 AM ET If Greece, stays in the euro, the S&P 500 will surge to 1,500. If Greece exits the euro and contagion is contained, we'll see the S&P 500 drop to 1,200. If there's contagion from a Greek exit, then GDP growth in the Eurozone will drop 4%...
Jatenergy gains access to Indonesian coal market with Chinese MoU - 5/29/2012 11:34:00 AM ET (MENAFN - ProactiveInvestors - Australia) Jatenergy (ASX: JAT) has secured a non-binding memorandum of understanding (MoU) for the company's coal processing technology with a leading Chinese ...
Report Exposes Holes in Taiwans Human Rights Record - 5/29/2012 11:29:00 AM ET TAIPEI, May 24, 2012 (IPS) - Earlier this week a coalition of rights organisations issued ...
This 1961 Paper From The 'Father Of The Euro' Should Have Been An Ominous Warning For The Eurozone - 5/29/2012 11:28:00 AM ET
Kirkland Lake power restored, resumes operations - 5/29/2012 11:27:00 AM ET TSX-listed Kirkland Lake Gold on Tuesday said power was restored to its northern Ontario mill and mining complex on Monday, and that production would restart on Thursday, after dozens of wildfires caused power outages last week. It asked employees to return to work the day...
Gold price opens lower in Hong Kong - 5/29/2012 11:26:00 AM ET The gold price in Hong Kong went down 70 HK dollars to open at 14,630 HK dollars per tael on Tuesday, according to the Chinese Gold and Silver Exchange Society. The price is equivalent to $1,582.56 ...
Europe-based polysilicon supplier seeking cooperation with China-based makers - 5/29/2012 11:16:00 AM ET A Europe-based maker of polysilicon is seeking cooperation with China-based fellow makers mainly because spot market prices for polysilicon have dropped to US$20-25/kg which are lower than production ...
Many China-based solar firms facing financial troubles - 5/29/2012 11:16:00 AM ET As many China-based makers of polysilicon, solar wafers and cells have faced financial difficulties, a financial crisis may lead to some of them following the case of LDK Solar, according to industry ...
China Stocks May Face Resistance at 2400 Level - 5/29/2012 11:13:00 AM ET Market Factors: The chorus calling for an asymmetric rate cut is growing; advocates now include investment bank China International Capital Corp. and government think tank State Information Center. A ...
Fall in US consumer confidence - 5/29/2012 11:13:00 AM ET US consumer confidence falls to an eight-month low as fears about the global economy and a falling domestic stock market hits sentiment.
The Law Firm of Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by the Board of BancTrust Financial Group, Inc. in Connection with the Sale of the Company to Trustmark Corporation - 5/29/2012 11:07:00 AM ET NEW YORK--(EON: Enhanced Online News)--Levi & Korsinsky is investigating the Board of Directors of BancTrust Financial Group, Inc. (Nasdaq: BTFG) for possible breaches of fiduciary duty and other violations
SocGen: Here's The Horrifyingly Realistic Scenario That Could Send Stocks Below Their 2009 Lows - 5/29/2012 11:06:00 AM ET
Chinese mine workers allegedly being ripped off - 5/29/2012 11:06:00 AM ET Karratha 6714 The Immigration Department has confirmed it is investigating allegations Chinese workers on a West Australian iron ore project are being paid half the wage of their Australian ...
NZ dollar holds amid speculation China will move to boost growth - 5/29/2012 11:05:00 AM ET Source: ONE News The New Zealand dollar held above 76 US cents as a rally in Asian stock markets bolstered investors' appetite for higher-yielding, or riskier, assets amid speculation Chinese ...
PG&E utility found violating safety standards - 5/29/2012 10:59:00 AM ET (Reuters) - Pacific Gas and Electric Co, a PG&E Corp unit, may have to pay significant penalties for violating standards related to running high-pressure natural gas pipelines at or near densely populated areas.
Wall Street up on China stimulus hopes as euro zone steadies - 5/29/2012 10:54:00 AM ET NEW YORK (Reuters) - Stocks rallied on Tuesday, with each of the major indexes up more than 1 percent, on hopes China may unleash more spending measures and Greek election polls pointing to support for pro-bailout parties.
It's Time to Level the IPO Playing Field - 5/29/2012 10:49:00 AM ET The Facebook IPO could have been a model example of the stock market's strengths. Instead, it ended up as a case-study of the power wielded by insiders over outsiders.
Stocks open higher on hopes for China stimulus - 5/29/2012 10:38:00 AM ET NEW YORK (AP) -- Stocks opened higher on Wall street Tuesday on optimism that China will take action to reverse the recent slowdown in its economic growth. Homebuilders rose on news that home prices rose for the first time in seven months....
Mongolia open to talks on investment law - 5/29/2012 10:34:00 AM ET President Tsakhia Elbegdorj concedes there are problems with legislation rushed in to limit foreign holdings in sectors such as mining and banking
PRESENTING: Jim O'Neill's Huge Presentation On The Global Economic Outlook And World Financial Markets - 5/29/2012 10:32:00 AM ET See the rest of the story at Business Insider
Marubeni buys Gavilon for $3.6 billion as it eyes China - 5/29/2012 10:30:00 AM ET NEW YORK - Stocks rose more than 1 percent on Tuesday on hopes China may unleash more spending measures and Greek election polls pointing to support for pro-bailout ...
Asia Markets Asia stocks extend gains on China stimulus hopes - 5/29/2012 10:26:00 AM ET HONG KONG (MarketWatch) -- Asia markets extended their rally on Tuesday, with Chinese stocks jumping on hopes for a policy stimulus from Beijing, while Taiwanese shares soared after the government ...
Taiwan stocks surge nearly 3 on tax plan - 5/29/2012 10:25:00 AM ET HONG KONG (MarketWatch) - Taiwan's Taiex was on track for a nearly 3% gain on Tuesday. The ruling KMT Party reportedly said on Monday they would support a capital gains tax plan more favorable ...
Patriot Coal taps new CEO; stock up - 5/29/2012 10:22:00 AM ET
Wall Street rises 1 percent - 5/29/2012 10:21:00 AM ET NEW YORK (Reuters) - Stocks rose more than 1 percent on Tuesday on hopes China may unleash more spending measures and Greek election polls pointing to support for pro-bailout parties.
Consumer confidence plunges in May - 5/29/2012 10:19:00 AM ET NEW YORK (AP) -- Americans' confidence in the economy in May had its biggest drop in eight months as consumers fretted about slow hiring, a big stock market drop and the global economy, says a private research group....
South African growth rate slows - 5/29/2012 10:04:00 AM ET Economic growth in South African slowed sharply in the first quarter of the year, hit by a big fall in output from its key mining sector.
Logility Named a 2012 Supply & Demand Chain Executive 100 Recipient - 5/29/2012 10:03:00 AM ET ATLANTA--(EON: Enhanced Online News)--Logility (NASDAQ: AMSWA) was selected by the editors of Supply & Demand Chain Executive to the 2012 SDCE 100 which highlights the 100 Great Supply Chain Projects of the last year.
Digging deep to overcome family risks - 5/29/2012 10:00:00 AM ET BRENDON Christian has moved his family from one isolated outpost in the South Pacific to another in Australia's northwest.
Class war backfires on Labor - 5/29/2012 10:00:00 AM ET THE Labor backbench has rolled Julia Gillard's cabinet by imposing a sub-committee to oversee the handling of recruitment of foreign labour.
Bring in miners or miss best of boom - 5/29/2012 10:00:00 AM ET AUSTRALIA risks missing out on an extra $121bn a year from growing global demand for resources if it fails to allow more 457-visa-style agreements.
Judge grants access to Rinehart files - 5/29/2012 10:00:00 AM ET FOUR Corners has won access to court documents from a marathon legal battle between Gina Rinehart and her late father Lang Hancock's lawyer.
Water disclosure rule for CSG projects - 5/29/2012 10:00:00 AM ET CSG companies will have to reveal how much water they extract under a new Queensland approvals system aimed at cutting "green tape".
Delays on Rinehart project irk Burke - 5/29/2012 10:00:00 AM ET A $6.4 BILLION project part-owned by Gina Rinehart has become the centre of a dispute over environmental approvals.
Murray-Darling data claims scuppered - 5/29/2012 10:00:00 AM ET Jay Weatherill has been left red-faced after declaring war on the upstream states over a national plan for the Murray-Darling.
Dart Energy out of Singapore float - 5/29/2012 10:00:00 AM ET COAL-SEAM and shale-gas group Dart Energy has pulled a planned Singapore float of its international interests.
Better Crux deal for Nexus - 5/29/2012 10:00:00 AM ET NEXUS Energy has secured a better deal on the integration of the Crux gas and liquids field off Western Australia.
Rivals fail to agree on Galilee - 5/29/2012 10:00:00 AM ET THE Queensland government will decide which company can build a railway to carry coal from the Galilee Basin to Abbot Point.
Digging deep to overcome risks - 5/29/2012 10:00:00 AM ET BRENDON Christian has moved his family from one isolated outpost in the South Pacific to another in Australia's northwest.
Wall Street rises on China stimulus hopes, Greek polls - 5/29/2012 9:59:00 AM ET NEW YORK (Reuters) - U.S. stocks rose on Tuesday, as the S&P 500 resumed its rally after the first weekly gain for the index since April, on hopes China may unleash more spending measures and Greek election polls pointing to support for pro-bailout parties.
VIDEO: Salmond sets out priorities for oil and gas - 5/29/2012 9:55:00 AM ET First Minister Alex Salmond launches a new strategy for the oil and gas industry setting out six key priorities.
Wall Street opens higher on China stimulus hopes, calm euro zone - 5/29/2012 9:42:00 AM ET NEW YORK (Reuters) - Stocks rose on Tuesday on hopes China may unleash more spending measures and Greek election polls pointing to support for pro-bailout parties.
A less-super commodities supercycle - 5/29/2012 9:28:00 AM ET The slowdown in China means investors have reason to worry that the supercycle is at an end as the mantra of higher, further, faster no longer holds
Wall Street to rise on China stimulus hopes, calm euro zone - 5/29/2012 9:24:00 AM ET NEW YORK (Reuters) - U.S. stocks were set for a higher open on Tuesday, indicating equities may continue to rally after their first weekly gain since April, on hopes China may unleash more spending measures and Greek election polls pointing to support for pro-bailout...
VIDEO: Unflagging efforts for Jubilee fun - 5/29/2012 9:20:00 AM ET There are business winners - and losers - in the eastern region as the nation prepares for the Diamond Jubilee holiday.
BIANCO: These 10 Stocks Could See EPS Surge Over 40% Thanks To Shrinking Share Counts (CSCO, A, SYK, MCHP, ABC, MRK, JNJ, CL, MSFT, CAH) - 5/29/2012 9:19:00 AM ET
Investment in Private Markets Improves on a Pure Mix of Stocks and Bonds - 5/29/2012 9:08:00 AM ET NEW YORK--(EON: Enhanced Online News)--Institutional portfolios with an allocation to private markets can achieve better risk-adjusted returns in the long term than portfolios invested exclusively in a traditional mix of public stock and bonds according to Towers Watson. In...
S Korea boosts Iran oil imports - 5/29/2012 9:04:00 AM ET South Korean imports of Iranian crude oil jumped 42% year on year in April just as it was seeking a waiver from the US to avoid sanctions
CASE-SHILLER: Home Prices Rise Just 0.09% - 5/29/2012 9:00:00 AM ET
German inflation down to 1.9 percent in May - 5/29/2012 8:50:00 AM ET BERLIN (AP) -- An official estimate shows that the annual inflation rate in Germany, Europe's biggest economy, fell to 1.9 percent in May....
Here Comes The March Case-Shiller Home Price Index... - 5/29/2012 8:47:00 AM ET
Research and Markets: Design of Cold-Formed Steel Structures: Eurocode 3: Design of Steel Structures. Part 1-3 Design of Cold-Formed Steel Structures - 5/29/2012 8:36:00 AM ET DUBLIN--(BUSINESS WIRE)--Dublin - Research and Markets () has announced the addition of John Wiley and Sons Ltd's new book "Design of Cold-formed Steel Structures: Eurocode 3: Design of Steel Structures. Part 1-3 Design of cold-formed Steel Structures" to their offering....
VSE Corporation Subsidiary Akimeka Awarded 5-Year Contract - 5/29/2012 8:33:00 AM ET ALEXANDRIA, Va.--(EON: Enhanced Online News)--VSE Corporation (NASDAQ: VSEC) reported today that subsidiary, Akimeka, has been awarded a prime contract by the Office of the Secretary of Defense (OSD), Tricare Management Activity (TMA). VSE was one of seven awardees of an...
NVMN Advances Agenda by Engaging New President with Sharp Focus on Growth and Sales - 5/29/2012 8:30:00 AM ET MARCELLUS, N.Y.--(BUSINESS WIRE)--Nova Mining Corp (OTC: NVMN) Advances Agenda by Engaging new President with Sharp Focus on Growth and Sales.
BofA: This Indicator Is Making European Stocks Look 'Ripe For Reversal' - 5/29/2012 8:26:00 AM ET
Jeff Saut: It Looks Like The Selling Is Over - 5/29/2012 8:18:00 AM ET
NY pension fund urges no vote Chesapeake directors - 5/29/2012 8:09:00 AM ET (Reuters) - The head of New York's state pension fund urged shareholders of Chesapeake Energy Corp to withhold votes to re-elect two members of the natural gas producer's board of directors.
Renewable Gasoline Developer Cool Planet Energy Systems Expands Its Management Team for Rapid Growth - 5/29/2012 8:03:00 AM ET CAMARILLO, Calif.--(EON: Enhanced Online News)--Cool Planet Energy Systems announced today the appointment of Howard Janzen as president and CEO and Michael Bukowski as VP of Fuel Production. Howard and Michael are additions to the existing team of executives at the...
Coal fire beneath Pennsylvania still burns 50 years later - 5/29/2012 7:36:00 AM ET Fifty years ago today, a coal seam caught fire in Centralia, Pennsylvania, causing the mines beneath the town to catch fire. While the decades old fire has caused most residents to abandon the town, a few holdouts remain. It's believed that the Centralia fire started...
BHPB must start Olympic dam work by year end - 5/29/2012 7:34:00 AM ET Bloomberg reported that BHP Billiton Ltd the world’s biggest mining company, will lose the right to proceed with the USD 33 billion Olympic Dam copper-uranium expansion in Australia if it doesn’t start work by the end of the year, pressuring the board to approve...
GTx Announces Webcast of Corporate Presentation at Jefferies 2012 Global Healthcare Conference - 5/29/2012 7:33:00 AM ET MEMPHIS, Tenn.--(EON: Enhanced Online News)--GTx, Inc. (Nasdaq: GTXI) announced today that management will present a company overview on June 5, 2012 at the Jefferies 2012 Global Healthcare Conference in New York City. The GTx presentation will begin at 1:30 p.m. Eastern...
Baobab Resources update on Ruoni Flats iron ore drilling - 5/29/2012 7:27:00 AM ET It is reported that Baobab Resources was very pleased with the progress being made at the Ruoni flats part of its flagship Tete iron ore project in Mozambique. The company’s current drilling programme on the Ruoni flats area has encountered a heavily mineralized...
Indonesian lower quality steam coal swaps slide - 5/29/2012 7:25:00 AM ET Bloomberg reported that swaps contracts fell for lower quality thermal coal from Indonesia,, according to Ginga Petroleum Singapore Pte Ltd, while China prices rose. The price for Indonesian sub bituminous coal with a heating value of 4,900 kilocalories a kilogram for...
LKAB declares force majeure due to major strike in Norway - 5/29/2012 7:19:00 AM ET LKAB announced that “Due to circumstances beyond our control arising from a major strike in Norway, LKAB is forced to declare Force Majeure. It said “On May 24th 2012, approx. 25,000 to 30,000 public sector employees went on strike in Norway. The strike...
Indian zinc marginally up in on rise in demand - 5/29/2012 7:17:00 AM ET BS reported that Indian zinc traded shade higher by 0.14% to INR 105.10 per kilogram in futures trade after speculators enlarged positions driven by a firming trend overseas. On the MCX, zinc for delivery in May edged higher by 15 paise or 0.14% to INR 105.10 per...
Kentor Gold impresses with 54 meters at 1pct copper at Jervois - 5/29/2012 7:15:00 AM ET Kentor Gold continues to deliver some impressive copper intersections from the Jervois Copper, Silver and Gold Project in the Northern Territory. The importance of the new discoveries is that Kentor's decision to fast track to a Feasibility Study is validated with the...
Deeper metals price falls needed to spark closures - 5/29/2012 7:11:00 AM ET Reuters reported that a rout in commodity markets has pushed prices of aluminium, zinc and nickel down to levels where many high-cost producers are starting to suffer although the pain threshold may have to increase before widespread closures help balance markets. High...
UAE aluminum extrusion market booming - 5/29/2012 7:09:00 AM ET The UAE aluminum extrusion market is estimated to be in excess of 175,000 tonnes about 35% of the total GCC demand growing at a CAGR of 8% to 9% for the time period from 2011 to 2017. According to Frost & Sullivan a leading business research & consulting firm, with the...
Oz Minerals - Copper price to remain up - 5/29/2012 7:07:00 AM ET The head of Australia's third largest copper producer, Oz Minerals has predicted that prices for the commodity will return to record highs as a lack of new discoveries leads to a supply shortage this year. Mr Terry Burgess CEO of Oz Minerals said that prices were still...
Power deal sustains insolvent Voerde Aluminium - 5/29/2012 7:06:00 AM ET Reuters reported that Insolvent German aluminium plant Voerde Aluminium has agreed a deal to maintain power supplies and is continuing production as the search goes on for a buyer. Its provisional administrator said that the Voerde smelter which produces 115,000 tonnes...
Glencore close to taking over Xstrata - Report - 5/29/2012 7:03:00 AM ET Reuters reported that Glencore will this week move into the final stage of its long awaited USD 30 billion takeover of miner Xstrata as shareholders are sent detailed documents on the deal, kicking off a last charm offensive ahead of July votes. But Xstrata investors...
Norilsk Nickel announces implementation of CSR programs in 2011 - 5/29/2012 7:01:00 AM ET OJSC MMC Norilsk Nickel has announces the implementation of corporate social programs in 2011. Specific working conditions at the company's operations require special care for employees' health, which is the priority of MMC Norilsk Nickel’s social policy. Over RUB 3.5...
TEX update on Chinese manganese market scenario in May 2012 - 5/29/2012 7:00:00 AM ET TEX reported that manganese metal price in May 2012 has continued low on weak demand. Taking the opportunity that BHP Billiton announced a raise of ore prices for shipments to China during May, offer prices of the metal quoted by the producers in China temporarily picked...
JV pact inked for stainless steel plant at Sohar - 5/29/2012 6:59:00 AM ET Oman Observer reported that an agreement was signed for the establishment of the Sultanate’s first major stainless steel plant at Freezone Sohar. The estimated 1 million tonne capacity project will be developed by a joint venture of South African stainless steel...
Outokumpu stainless steel shines at the heart of Leicester Square in London - 5/29/2012 6:58:00 AM ET Outokumpu stainless steel contributes to giving the busy Leicester Square in central London its new rejuvenated look. New unique stainless steel balustrades and gates are installed around the garden as part of a redevelopment project to modernise Leicester Square to provide...
CBMM invests USD 24.7 million to develop technology for REE extraction - 5/29/2012 6:57:00 AM ET BNamericas reported that Brazilian firm CBMM, the world's biggest niobium producer, invested about BRL 50 million to develop technology for the extraction of rare earth elements present in monazite, a mineral contained in the company's niobium residues. The technology was...
ACEA agrees to promote single standard for charging electrically chargeable vehicles - 5/29/2012 6:56:00 AM ET ACEA, CLEPA and EURELECTRIC jointly agree on the need for a single harmonized plug system for the recharging of electric vehicles on both the vehicle and the infrastructure sides, and have put forward a proposal accordingly. The associations stress that this issue needs to...
Itochu Corp to invest in retail and business process outsourcing in Philippines - 5/29/2012 6:55:00 AM ET Manila Standard Today reported that Itochu Corporation of Japan plans to expand presence in the Philippines by investing in retail and business process outsourcing. Mr Kenichi Hisatomi Itochu Corporation Manila Branch general manager told reporters that "At Itochu, we...
Cargo handling at South Korean seaports surged by 0.5pct YoY in April - 5/29/2012 6:54:00 AM ET Yonhap reported that the amount of cargo processed at South Korea's seaports edged up 0.5% in April 2012 from a year earlier, helped by rise in automobile and machinery trade. According to the Ministry of Land, Transport and Maritime Affairs, the volume of cargo handled...
Kozloduy nuclear plant unit reconnected to grid - 5/29/2012 6:53:00 AM ET It is reported that unit 6 of Bulgaria's sole nuclear power plant Kozloduy has been reconnected to the country's energy system after it was temporarily shut down on May 26th 2012. Unit 6 was shut down on May 26th 2012 due to a technical glitch that did not pose any risk...
Macroeconomic indicators - Czech economic confidence down in May 2012 - 5/29/2012 6:52:00 AM ET It is reported that overall Czech confidence in the economic outlook continued to fall in May 2012 after already slipping in April 2012. The composite index of business and consumer confidence drawn up by the Czech Statistical Office fell by 1.6 points over the month...
Inpex to fix LNG carrier providers for Ichthys Project by 2012 end - 5/29/2012 6:51:00 AM ET Japan's Inpex Corporation and France's Total are expected to complete their procurement of LNG carriers for Ichthys LNG Project in Australia by the end of 2012. Inpex and others have taken action to choose the providers of the vessels since the end of 2011. According to...
Tenaris to participate in Monitoring and Mitigating Oilfield Corrosion web cast - 5/29/2012 6:50:00 AM ET Presented by World Oil magazine, Tenaris principal researcher Mr Claudio Morales will join a panel with experts from Royal Dutch Shell and Permasense on May 30th 2012 at 11 AM Eastern Standard Time. Following initial presentations, panelists will take participants'...
Mr Magnus Larsson appointed as VP IR of Sandvik - 5/29/2012 6:49:00 AM ET Mr Magnus Larsson has been appointed VP Investor Relations reporting to Mr Ola Salmén, EVP & CFO at Sandvik. Mr Magnus has been working at Sandvik's IR department the past four years and has held several financial positions within and outside Sandvik in his earlier...
S&P affirms Romanian ratings at BB+ with stable outlook - 5/29/2012 6:48:00 AM ET Standard & Poor's ratings services has affirmed its BB+/B long and short term foreign and local currency sovereign credit ratings on Romania with a stable perspective. The transfer and convertibility (T&C) assessment is BBB+. S&P said that "The ratings on Romania are...
Peru Declares State of Emergency After Deadly Mine Protests - 5/29/2012 6:48:00 AM ET Peru's government has declared a state of emergency to stem the violent anti-mining protests that have broken out in the southern region of Cuzco. The state of emergency was declared Monday after two people were killed and at least 40 others injured during a clash between...
Steel market sentiment in the BRIC countries turns down in May - MEPS - 5/29/2012 6:47:00 AM ET UK based MEPS said that Brazilian steelmakers remain cautiously optimistic over the general outlook for domestic steel consumption in the remainder of 2012. Trading volumes in the second quarter have been disrupted by weak market fundamentals and tighter credit...
Macroeconomic indicators - South Korean business sentiment fell for June - 5/29/2012 6:46:00 AM ET A poll showed that South Korea's business sentiment for June 2012 fell from a month earlier due to mounting euro zone concerns and a growth slowdown in China. According to the Federation of Korean Industries, the monthly business survey index for the upcoming month came...
Recession report - Romania officially back in recession - 5/29/2012 6:45:00 AM ET Romania officially entered recession, following the figures published by the National Statistics Institute that show a decrease of the GDP for two consecutive quarters. According to the NSI, the economy contracted by 0.2% in Q4 2011 and by 0.1% in Q1 2012. Despite the...
BDI dropped by 22 points on May 28 2012 - 5/29/2012 6:44:00 AM ET It is reported that on May 28th 2012, Baltic Dry Index reached 1012 points, down by 22 points from May 25th 2012. Capsize
Nippon Steel receives certificates from NADCAP - 5/29/2012 6:43:00 AM ET Nippon Steel, the largest steelmaker in Japan, announced that the firm has received the certificates from National Aerospace and Defense Contractors Accreditation Program (NADCAP) for the heat treating process applied to the production of titanium sheets for aircraft. ...
US to impose AD duty of 28pct on Vietnamese steel pipes - 5/29/2012 6:42:00 AM ET It is reported that the US has decided to impose an antidumping duty of 28% on steel pipes from Vietnam. In fact, the US announced to impose an anti subsidy duty of 300% on steel pipes from the south Asian countries in early March 2012. In addition, the steel pipe...
Crude steel production data for January to April 2012 for Oceania - 5/29/2012 6:41:00 AM ET
GMS report on ship breaking industry for WEEK 21 2012 - 5/29/2012 6:40:00 AM ET The struggle to locate end buyers for any type of vessels in any recycling market, continued into this week despite a few signs of stability emerging from India as evidenced by some improvements in steel prices. However, the Indian Rupee, which remained the real cause...
Seafloor phosphate mining in prospect off Namibia - 5/29/2012 6:40:00 AM ET The proposed seafloor phosphate mining project in Namibia will be undertaken in an environmentally responsible and sensitive manner, Namibian Marine Phosphate project GM David Wellbeloved assures. Technology is available to ensure minimal environmental interference and the...
Ovako supplies high quality material for offshore applications - 5/29/2012 6:39:00 AM ET Ovako is supplying high quality steel tubing to customers for use in operationally critical applications from the drill strings to offshore and onshore production rigs. Not only is the tubing being used for applications in the North Sea, but also for oil and gas...
Japanese small bar production up by 2pct YoY in April - JISF - 5/29/2012 6:38:00 AM ET According to announced data from the Japan Iron & Steel Federation, Japan's nationwide production of small bars totaled 766,400 tonnes in April 2012, up by 2% YoY, indicating a year on year increase for 10 consecutive months since July 2011, but it decreased by 5% MoM,...
Sin Heng Heavy Machinery shares fell after acquisition by Toyota Tsusho - 5/29/2012 6:37:00 AM ET Business Times reported that shares of main board listed Sin Heng Heavy Machinery Limited fell as much as 17% after Toyota Tsusho Corp acquired a 27% stake in the Singapore heavy lifting services firm at a discount to the last traded price. Toyota, a member of Toyota...
ArcelorMittal Galati wants to implement Dacia model - CEO - 5/29/2012 6:36:00 AM ET Mr Bruno Ribo CEO of ArcelorMittal Galati said recently that the management team wants the steel platform to implement the model successfully applied to the Dacia plant that, in his opinion, the parent company Renault saved from bankruptcy. Mr Bruno Ribo said that "I and...
Update on Japanese sales and inventory at secondary steel dealer in April - 5/29/2012 6:35:00 AM ET Sales Mar
Mr Kieckbusch appointed as new member of Salzgitter executive board - 5/29/2012 6:34:00 AM ET In its meeting, the Supervisory Board of Salzgitter AG appointed Mr Michael Kieckbusch, who holds a degree in economics, as the executive board member responsible for Personnel and Services, effective April 1st 2013. Mr Kieckbusch is the successor to Mr Peter Jürgen...
Taiwanese steel pipe suppliers accused of illegal dumping in Canada - 5/29/2012 6:33:00 AM ET Along with their counterparts from six other countries, namely Korea, Thailand, India, Turkey, Yemen and United Arab Emirates, a score of Taiwan's steel pipe suppliers have been accused of illegally dumping standard steel pipes in Canada, sending shockwaves through the...
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