To strengthen its world-class product and service offerings, Caterpillar Inc. is aligning its machine product and marketing organizations to sharpen customer focus, position the company to achieve its 2010 and Vision 2020 goals and build deep expertise in product development.
“We are well-positioned for long-term success,” said Caterpillar Chairman and CEO Jim Owens. “And Team Caterpillar [...]

New Stream Capital announced today that it has provided financing of $28.1 million to EBR Management LLC, an energy production company located in Sugar Land, Texas. The transaction is backed by oil and gas leases including 91 producing wells, 60 drilling locations covering numerous fields in Southern Texas and Louisiana, estimated net reserves of 21.6 [...]

Geneva Resources, Inc.’s Board of Directors (the “Board”) have accepted the consent of Bertrand Taquet as a member of the Board of Directors of the Company effective April 28, 2008.
Bertrand Taquet has over twenty-five years of experience as an exploration geologist, having worked for multiple companies in areas of precious metal mining and exploration and [...]

Soaring oil and food prices lifted inflation to record levels in Europe on Wednesday and posed a serious threat to governments worldwide amid expert warnings of social upheaval.
Record inflation has spared neither rich nor poor countries as food and energy prices have surged worldwide with booming demand in fast-growing Asian countries such as China and [...]

Gold fell, heading for the first weekly drop since early January, on selling by commodity speculators who had helped drive prices to a six-month high two days ago. Mining companies were also sellers.
Speculators sold gold when prices climbed to a 26-year high of $730.40 an ounce in May, U.S. government figures show. They probably bought [...]

A container ship carrying chemicals, nickel and other goods was in danger of sinking in the English Channel after being abandoned by its crew in storm conditions.
The MSC Napoli, carrying 2,400 containers, including pesticides and insecticides, lost power as it was buffeted by 80-kilometer-an-hour winds and waves of up to six meters (19.7 feet), the [...]

Gammon Lake Resources Inc. is pleased to announce that the Ocampo Gold-Silver Mine has reached commercial production. The Company is proud to report that 11,009 gold equivalent ounces (5,706 ounces of gold and 244,217 ounces of silver) were produced and sold from the Ocampo and El Cubo Mines during the first 10 days of [...]

Pakistan will start mining and fencing of its border with Afghanistan next month after addressing all reservations of the United Nations, Interior Minister Aftab Ahmed Khan Sherpao told reporters here.
The proposal has evoked a strong reaction from opposition parties, the NWFP government and others within and outside the country.
Sherpao acknowledged that the Geneva Convention prohibited [...]

MUMBAI - Two-month-high prices and shopping fatigue after a string of festivals last month have seen Indian gold demand for the wedding season easing this week.
Dealers and traders said retail shopping for trousseaus is yet to commence as consumers wait for the right price and the right time to buy gold.
“Demand will pick up,” said [...]

Jeff Lydecker depends on driving to maintain a successful business, so he made a smart business decision to keep costs to a minimum.
Although some drivers spent the summer searching for cheap gas, Lydecker bought a 2006 Toyota Prius hybrid, which uses a mix of gas and electric energy. It gets him almost twice the mileage [...]