Adventure Gold Inc., a mining exploration company with strategic properties in the Val d’Or region of Quebec, is pleased to announce the start of an eight-hole drill program totalling 2,500 metres on the Beaufor North and Senore properties. These properties are adjacent to the producing Beaufor Gold Mine operated jointly by Richmont Mines and Louvem [...]
Sterling Mining Company announced it has suspended commercial production activities at the Sunshine Mine in Idaho.
Since 2003 Sterling Mining staff and employees have dedicated themselves to rehabilitating and resuming production at the Sunshine Mine. Despite resuming production in late 2007 and the significant progress made in the first half of 2008, the operation has encountered [...]
Research and Markets has announced the addition of the “China Industry Research and Investment Analysis: Iron Ore Mining Industry, 2008” report to their offering.
The unprecedented growth seen in China, India and Russia has created strong demand for iron ore. China itself consumes over 50% of the world’s iron ore production. The shortage of iron ore [...]
Fortress Financial Group, Inc. confirms that it is in advanced discussions to dispose of its 483,000,000 “free trading” shares of Hunt Gold Corporation Common Stock, with the Private Equity Group currently bidding for control of Hunt Gold Corporation with another unrelated party.
Should the Company obtain a price of US$0.03 per share for these shares, that [...]
The New York Mercantile Exchange, Inc., a subsidiary of NYMEX Holdings, Inc., announced that it plans to introduce a futures contract based on prevailing market prices for hot-rolled steel coil in the U.S. Midwest region (U.S. Midwest domestic hot-rolled coil steel) early in the fourth quarter of 2008. The contract will be financially settled against [...]
Fortress Financial Group, Inc. announced on July 29, 2008 that we have stated very clearly that we are seriously contemplating further purchases of Hunt Gold Corporation’s stock, at what we view as “bargain basement prices,” in the market thereby increasing our Company’s “free trading” stockholding in Hunt Gold Corporation. We have made it extremely clear [...]
CONSOL Energy Inc., the nation’s largest producer of bituminous coal, and Synthesis Energy Systems Inc., a global industrial gasification company, intend to develop through a joint venture their first U.S. coal gasification and liquefaction plant to be located in West Virginia. CONSOL (through its subsidiary Terra Firma Company) and SES have formed Northern Appalachia Fuel [...]
Most investors have focus on mining sectors like oil, coal and steel price. Copper which is so far hasn’t been able to attract investors’ attention recently started to steal some investors’ attention with its better price in the market. copper prices have quietly hung in and held the breakout in the weekly chart. The persistent [...]
Shares of China’s Yanzhou Coal Mining Co. trading in the U.S. helped pull an index of emerging markets ADRs down in Wednesday afternoon trading.
The company’s ADRs fell $11, or 10.3 percent, to $97.71. ADR stands for American Depositary Receipt, which is a security designed to allow U.S. investors to trade shares of companies based overseas.
The [...]
The coal ministry is preparing plans for new projects which will be submitted to the Cabinet in a month, according to Union minister of state for coal Santosh Bagrodia.
Talking to mediapersons here, Bagrodia said though several projects were in the pipeline, the ministry was working on more projects to make the country self-sufficient in coal.
He [...]
