Report Shows Long Term Benefits of Gold Mining to Developing Economies

Large-scale gold production has been found to be a major factor in bolstering the economies of developing countries, according to a key report issued today by the World Gold Council (WGC) in partnership with the International Council on Mining & Metals (ICMM) and Oxford Policy Management. The new report, ‘The Golden Building Block: gold mining and the transformation of developing economies’,... 

Tag: developing countries that benefit from economies of scale, benefits of mining in developing countries, benefits in gold investment, advantages of mining, long benefited from

America’s 5,000 Fastest-Growing Private Companies Revealed

Inc. Magazine ranked WDC Exploration & Wells 3,219 on its annual ranking of the 5,000 fastest-growing private companies in the country. The list is the most comprehensive look at the most important segment of the economy — America’s independent-minded entrepreneurs. “Our second annual Inc. 5000 continues the most ambitious project in business journalism,” said Inc. 5000... 

Feds approve reopening of oil-shale mine

The federal government gave its approval Monday for the reopening of an oil-shale mine in Utah, one of the experimental works intended to boost domestic oil production on Western lands. A top-ranking Interior Department official signed off on the project, and officials said an Alabama-based partnership, Oil Shale Exploration Co., would be offered a lease to work the federal land within days. The approval... 

Oxfam Calls on Mali and Gold Mining Companies to Open Their Books

Gold has surpassed cotton as main export, transparency in disclosing mining revenues missing gold exports have more than tripled in the last decade yet its citizens have so far seen little benefit from mining revenues, reported international relief and development organization Oxfam America today in its latest report, Hidden Treasure? In search of Mali’s gold-mining revenues. Today’s report... 

Tag: gold mining stocks, mali africa gold maine, goldexport mali

Price of natural gas makes coal king as energy source

Coal is experiencing a mini-boom as an energy source for generating electricity, thanks to soaring energy demand, abundant supplies and volatile natural-gas prices. Utilities companies have concentrated on building cleaner-burning natural-gas power plants for the past two decades. Now, 153 new coalburning power plants are under way or being proposed nationwide, according to the National Energy Technology... 

Occidental Petroleum ranks No. 412 on FORTUNE’s list of the World’s Largest Companies

Occidental Petroleum ranks no. 412 on FORTUNE’s Global 500 this year, with $16.3 billion in revenues, up 40.3% from the previous year. Its 2005 profits were $5.3 billion, up 105.6% from a year earlier. 2005 was a banner year for most Global 500 companies. It took $13.7 billion in revenue just to make this year’s list – up from $12.4 billion last year. And profits for the 500 companies... 

Junior mining companies lead 6-month stock sweepstakes

Investors looking to turn a profit on Ottawa-based companies during the first six months of 2006 would have been wise to shun the big technology names and focus on small-cap mining stocks. Northern Shield Resources, which trades on the Venture Exchange, was the best-performing Ottawa stock in the six-month period ended June 30, soaring 173 per cent to 82 cents a share. The stock opened in January... 

Tag: junior mining negotiations for drilling contract

Badger Mining tops association’s best companies list

Badger Mining Corp., a Berlin provider of specialized sand for industrial applications, has been named the best small business to work for in America by the Society for Human Resource Management (SHRM). The SHRM in Alexandria, Va., is a human resources management association comprised of more than 210,000 individual members. The association released its third annual rankings of the “Best Small... 

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50 Best Small & Medium C50 Best Small & Medium Companies to Work for in America Announced at SHRM Annual Conferenceompanies to Work for in America Announced at SHRM Annual Conference

Analytical Graphics Ranked Nation’s Number One Company Three Years Running Badger Mining Corp. of Berlin, Wis., and software company and defense contractor Analytical Graphics, Inc. of Exton, Pa., have respectively been named the number one “Best Small & Medium Companies to Work for in America.” This is the third annual release of the list recognizing the top 25 small companies...