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New owner of former coal mine property in western Indiana seeking industrial development
TERRE HAUTE, Ind. (AP) — A businessman is starting to seek companies for an industrial development he's establishing in what had been part of a western Indiana coal mine. Gregory Gibson of Terre Haute took over in December the 4,650-acre site in...Tags: Metal and Mineral, Peabody Energy Corporation
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CANADA RESEARCH ROUNDUP: Aimia, BlackBerry, Legacy Oil
ReutersMay 15 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Aimia and BlackBerry, on Wednesday. HIGHLIGHTS * Aimia Inc : Canaccord Genuity cuts target to C$18.30 from C$18.60; rating buy *...Tags: Orvana Minerals Corporation, Ratings, Power Financial Corporation, Petroleum Industry, Finance
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GLOBAL MARKETS-Nikkei breaks above 15,000 pts on weak yen, dollar resilient
Reuters* MSCI Asia-Pacific ex-Japan slips 0.2 pct * Australian shares sag 0.8 pct as mining shares fall * Japan's Nikkei jumps 2.3 pct, hits 5-1/2-year high * Yen hovers near 4-1/2-year low vs dollar By Masayuki Kitano SINGAPORE, May 15 (Reuters) - Asian...Tags: Finance, Credit Ratings, Tokyo (Japan), Exports, Casino and Gambling Industry
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Most resource-rich countries mismanage natural resources: report
ReutersWASHINGTON, May 15 (Reuters) - Over 80 percent of the world's major oil and gas-producing and mining countries fail to meet "satisfactory standards" for managing their natural resources, according to a new report that tracks resource mismanagement and...Tags: Saudi Arabia, Norway, Natural Resources, Energy Resources, Politics
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KGHM Q1 net dips on mining tax, falling metal prices
ReutersWARSAW, May 15 (Reuters) - First-quarter net profit at Europe's No.2 copper producer KGHM came in above expectations, still falling by 27 percent due to Poland's mining tax and falling metal prices, it said on Wednesday. The state-controlled miner closed...Tags: Non Ferrous Metal, Metal and Mineral
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PRESS DIGEST - Sunday British Business - May 12
ReutersLONDON, May 12 (Reuters) - British newspapers reported the following business stories on Sunday: The Sunday Telegraph NEW CO-OP CHIEF TO LAUNCH STRATEGIC REVIEW The new chief executive of the Co-operative Group is to undertake a strategic review of its...Tags: Twentieth Century Fox Film Corp., Finance, Corporate Crime, Diageo Plc, Sales
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Bolivia: Surreal beauty in the high desert of the Andean plateau
POTOSÍ, Bolivia — A gentle breeze swept across Laguna Colorada, momentarily turning the magenta mineral lake water neon-orange as it rippled around the knobby knees of several dozen flamingos. Suddenly, a pair of frisky vicuñas trotted...Tags: Bolivia, Lakes and Ponds, Chile, Salt, Trips and Vacations
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HIGHLIGHTS-Australia releases 2013/14 budget bill and economic forecasts
ReutersSYDNEY, May 14 (Reuters) - Australia's minority government released its 2013/14 budget bill on Tuesday, which showed a widely-flagged deficit in the new fiscal year. *************************************************************** KEY POINTS: 2013/14...Tags: Public Finance, Australia, Weather Reports, Inflation and Deflation, Weather
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BRIEF-Anglesey Mining associate in deal with Iron Ore Company of Canada
ReutersLONDON, May 14 (Reuters) - Anglesey Mining PLC : * Two year iron ore sales agreement with Iron Ore Company of Canada for 2013 and 2014 * $35 million off-take financing with RB Metalloyd * Anglesey's associate Labrador Iron Mines Holdings entered the...Tags: Metal and Mineral
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COLUMN-African minerals and the illusion of fair value: Kemp
ReutersBy John Kemp LONDON, May 14 (Reuters) - "With Africa's economies riding the crest of the global commodities wave, there is an unprecedented opportunity to convert the region's vast resource wealth into investments that could lift millions out of poverty,...Tags: University of Oxford, Finance, Natural Resources, G8, Energy Resources
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Special Report- 'Coal Mafia' stokes India's power crisis
ReutersDHANBAD, India (Reuters) - Seven shots rang out at a wedding reception in this sooty city in eastern India, and Suresh Singh, India's "Coal King", fell fatally wounded. He was a wealthy coal trader, a politician and, police say, a crime boss. At the time...Tags: Prosecution, Railway Transportation, Coal, Witnesses, Shootings
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Arctic nations must urgently improve rescue services-Canadian experts
Reuters* Arctic opening up fast to shipping, energy, mining * Sea ice shrank to a record low in summer 2012 * Ministers meet on May 15 to discuss oil spill tactics By Environment Correspondent Alister Doyle OSLO, May 13 (Reuters) - Arctic nations must...Tags: Water Pollution, Petroleum Industry, Norway, Environmental Pollution, Metal and Mineral
May 15, 2013
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