China Natural Resources Consummates Acquisition of Coal Mining Company in Guizhou Province, PRC

CHINA NATURAL RESOURCES, INC. announced that, on July 10, 2009, it consummated the acquisition of (a) all of the issued and outstanding capital stock of Pineboom Investments Limited and its wholly-owned subsidiaries (the “Coal Group”) and (b) the outstanding indebtedness owing by the Coal Group to the related-party seller on the closing date. Pineboom, through its operating subsidiary,... 

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New Congress and Stimulus Keeps India’s Growth in Fast Lane With China

India Globalization Capital, Inc. a leading infrastructure and materials company competing in the rapidly growing infrastructure industry in India, today commented on India’s new Congress Party, the stimulus packages approved and their effect on infrastructure growth. Modernizing infrastructure in India is crucial to keeping India’s economy in the fast lane with China. The recent victory... 

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Gold Demand Surges as Investors Turn to Wealth Preservation

Fears of future inflation and ongoing financial uncertainty led investors to continue to flock to gold in the first quarter of 2009, seeking out its proven wealth preservation qualities. Total demand for gold in Q1’09 rose 38% year on year to 1,016 tonnes, representing a 36% rise in value terms to US$29.7bn. According to figures published today by World Gold Council (WGC) in its Q1’09 Gold Demand... 

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American Petro-Hunter Views Recent Gains in Oil Prices as Trend Indicator

American Petro-Hunter, Inc. views the recent price increases of crude oil as extremely positive news for both the economy and the Company. Last week, oil prices jumped to almost $58 a barrel thereby extending gains to near six-month highs on investor expectations that the global economic environment is beginning to grow and may begin to rebound before the end of the year. Oil has broken above the... 

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GobiMin announces Strategic Review of Yellow Mountain Project

GobiMin Inc. announced that it will start a strategic review on the development of Yellow Mountain nickel/ copper project due to the recent dramatic decline of nickel and copper price. At this time, it is uncertain how long metal price will remain depressed therefore the Company believes that it is a prudent course of action to preserve cash and temporarily suspend construction work at the YM Project... 

Platts Top 250: The World’s Top Performing Energy Companies

Major oil companies have maintained their stronghold as the world’s most financially effective energy businesses, according to the 2008 Platts Top 250 Global Energy Company rankings announced here Monday evening. But the rankings also point to a performance resurgence by non-oil firms, such as electric utilities, and to the rising importance and influence of Asia-Pacific companies. Against a... 

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PetroChina Limited Selects CBX Retail Division for New C-Store Prototype and Branding Work

PetroChina, China’s second largest petroleum retailer with more than 18,000 stations across the country, has selected the retail division of New York-based CBX to develop a brand strategy and new prototype for its fuel and convenience store operation. Banking on CBX’s global expertise in the petroleum and convenience retail sector, PetroChina’s new store prototype will bring together all aspects... 

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Minco Silver Commenced Drilling on Fuwan Silver Belt

Minco Silver Corporation announce that it has initiated a 10,000 metre drill program on top showings along the Fuwan Silver Belt. Geosan, LLC, of Ulaanbatar, Mongolia, recently completed a detailed ground magnetic survey covering approximately 155 line kilometres as well as 21 line kilometres of dipole-dipole induced polarization survey. Combined with previous geochemical surveys consisting of 50,000... 

Appointment of underwriters and mandated lead arrangers for Continental’s Xietongmen Project debt

Continental Minerals Corporation announces the engagement of Standard Bank Plc, the principal international investment banking subsidiary of the Standard Bank Group Limited, jointly with the Industrial and Commercial Bank of China as Underwriters and Mandated Lead Arrangers for the project finance debt facility for the development of the Xietongmen Project. Standard Bank is a leading global emerging... 

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CDC Software Adds Two Latin American Companies to Franchise Partner Program as It Expands in Rapidly Growing Emerging Markets

CDC Software, a wholly-owned subsidiary of CDC Corporation and a provider of industry-specific enterprise software applications and business services, announced today that it has added two new partners from Chile and Brazil to its growing and diversified Franchise Partner Program, that now totals seven companies. The CDC Software Franchise Partner Program funds CDC Software’s investments, through...