Iran's aluminum production sees 15pc hike

Tehran, March 14, IRNA – Production of aluminum in Iran has increased by 15 percent during the first 11th months of the current Iranian calendar year. According to a report released by Iranian Mines and Mining Industries Development and Renovation

Factory preparing fake commodities sealed

Branded packing being used to pack fake tea blended with liquor and custard prepared with starch and scents Sunday, March 14, 2010 Muhammad Qasim Rawalpindi Sealing of a factory in Ganjmandi area packing fake tea, fake custard and flavoured drink powders

Gold miners bullish as hedges fall out of favor

NEW YORK (Reuters) - Chief executives of gold producers almost always voice bullish sentiments about the price of the yellow metal, but mining executives lately have backed their conviction with actions. Most gold miners have eliminated or are in the

Malema linked to mining deal

ANC Youth League leader Julius Malema emerged on Sunday as a key lobbyist in the controversial sale of a multi million rand state-owned mining asset. The Sunday Times reports the state's stake in Limpopo-based ASA Metals will be awarded to a host of

Chinese premier has tough words for U.S.

Reporting from Beijing ? Chinese premier Wen Jiabao defended his country's currency policy and said it was up to Washington to mend Sino-American relations in an annual news conference Sunday that took direct aim at the United States. Rejecting charges

WMC expands emergency department

Font Size: Faced with burgeoning demand, the Wyoming Medical Center in Casper has embarked upon a multi-million-dollar expansion and renovation of its emergency department. Hospital officials say they did not expect to see the numbers of people now

Coal power station plan under way

The first stage of a planning process to build a coal-fired power station in Ayrshire is to get under way on Monday. Ayrshire Power wants to build a power station with experimental carbon capture and storage (CCS) technology on a site at Hunterston near

Malema linked to R250m mining deal

Johannesburg - The most vocal proponent of the nationalisation of South Africa's mines, the leader of the ruling party's youth wing, Julius Malema, is linked to a R250m mining deal that involves politically connected individuals at the expense of

Alcoa Police taking crime tips online

Citizens can now use their computers to report crimes to the Alcoa Police Department. APD has created the Crime Tipline, an online means for citizens to report crime tips or suspicious activity anonymously. Citizens can access the tipline online at

Will Chinese Inflation Hike Oil and Gold Prices

Peter Cooper submits: The Middle East could be enjoying another oil price boom much sooner than expected as Chinese inflation gathers pace after one of the biggest experiments in loose monetary policy in history. Once an exporter of deflation to the rest-of-the-world, a nasty side-effect of the record stimulus plan in China last year is a surge in inflation that jumped to 2.7 per cent last month. Officials claim this is ‘mild and controllable’. Veteran observers sense an inflation genie let out of the bag. Handbag shortage One reader recently commented on shortage of handbags in China. This small example is illustrative of too much money pursuing too few goods. Inflation in prices is the inevitable result. »

In support of big gold

Current net cash flow is not the only factor to take into account when considering investing in the gold majors -long-term stability, income and wealth protection can counter short term financials as a reason to stay with them.

Global, Tier 1 Mining Companies

David Hunkar submits: In this post, let me list some of the Tier 1 gold miners and a few copper miners. But before we get into the list, here are some interesting facts about gold: US Gold Reserves totaled 8,133.5 tons in September 2008, accounting

CER Climate Change Update:A Regional GHG effort

With enthusiasm for carbon dioxide emissions offsetting markets lusing lustre in United and Europe, five US States and and Canadian provinces are moving forward with plans to establish a regional cap-and-trade market in 2012 for reducing greenhouse gas

Shipping Logistics Digest:Surge in Los Angeles port

Is a stronger than anticipated US recovery underway? Trade numbers at the ports of Los Angeles and Long Beach, the nation’s busiest seaport complex which rose sharply in February lends credence to this view, according to Los Angeles Times. It was the

Mauro Picotto Presents Meganite WMC With Christian Smith, Radio Slave and more..

(Miami, USA) - For one special night Miami clubbers whom have traveled to the Winter Music Conference will get the rare chance to experience a legendary night of unreal clubbing. Italian born DJ, Producer, and electronic music icon Mauro Picotto the

Get Nervous At WMC + Free Laidback Luke Download!

(Miami, USA) - Catch Nervous Records this year at the Winter Music Conference. Nervous is back at WMC with special performances by Anane, Behrouz, Chus & Ceballos, King Britt, Louie Vega, Oscar G, Peter Bailey, Ralph Falcon, Richie Santana, Starkillers,

Metal markets: gold remains steady as dollar slips vs euro

Spot gold hit an intraday high of $1,111.40 an ounce and was at $1,109.30 by 2:37 GMT, unchanged from New York's notional close on Thursday, when it hit a low of around $1,100, its weakest since January, 25. Precious metal has lost over 7% since powering

Bad Weather No Deterrence from Shopping in February

Despite severe weather that included heavy snow and rain falls, American consumers kept flocking to stores in February. According to the National Retail Federation, February retail industry sales (excluding automobiles, gas stations and restaurants) increased 1.7 percent year-over-year.

Boutillier not pleased by royalty reductions

Our MLA isn't pleased the oil sands were left out of the equation for royalty reductions. Energy Minister Ron Leipert announced that conventional oil royalties would drop to 40 percent, and natural gas to 36 percent

Mining company to purchase museum

Windber, Pa. -- A coal mining company is buying a small museum where artifacts are displayed from the 2002 rescue of nine western Pennsylvania miners who were trapped underground for more than 78 hours.

The U.S. Imported $46.7 Million of Rough Diamonds in January

The U.S. imported in January $46.69 million worth of rough diamonds with a total weight of 13,113 carats. Net imports stood at $30.87 million after exporting nearly $16 million worth of rough diamonds during the month.

Qatar: No Opec output change expected

Abdullah al-Attiyah, Qatar's oil minister, has said he does not expect Opec to make any fundamental change in output at its next meeting, London-based Arabic daily Alhayat has reported. 'I think the decision would be to extend Opec's current decision,

US responsible for bad ties: China

BEIJING: The United States is to blame for strains between Beijing and Washington and should take steps to repair ties, Chinese Premier Wen Jiabao said on Sunday, indicating the two powers have not overcome a recent rough patch. Wen said US actions,

Julius Malema linked to R250m mine deal

Politically-linked individuals are in a deal at ASA Metals, which is majority owned by China's Sinosteel. It is reported Julius Malema, who demands nationalisation of mines, is trying to divert attention away from the controversial deal.

Boost for resource bankers

Finance minister Pravin Gordhan has handed mining financiers a major fillip in his first budget speech, writes David McKay.

Diamond industry glitters in India

According to a report on Idex Online by CHAIM EVEN-ZOHAR, 2009 was probably the best year in a decade for India's diamond industry. In terms of polished diamond exports, India's $15.16 billion in 2009 was only 1.7 percent below the $15.42 billion of the

Residents blame bauxite company for dust nuisance

Only a month after the National Environmental and Planning Agency (NEPA) served notice on Windalco regarding the emission of caustic dust on communities in Kendal, Manchester, yet another mining company has found themselves in a tussle with residents.

South Africa's 2009 gold output falls 5.8 pct

MENAFN - 14/03/2010 (MENAFN) A report issued by Johannesburg-based Chamber of Mines showed that gold production in South Africa fell 5.8 percent in 2009 from a year earlier, making the nation the world's fourth-biggest producer, Reuters reported. The

Ore plant approved (2869)

COOS BAY -- More than 20 years, $29 million and 14 permits later, Oregon Resources Corp. finally has the go-ahead to begin construction on its Bunker Hill ore processing plant. The U.S. Army Corps of Engineers has issued the definitive operating permit,

ANZ wins Roger Award

RIO TINTO ALUMINIUM NZ LTD 2ND; TELECOM THIRD AUCKLAND CITY COUNCIL & ITS OFFICIALS WINNER OF ACCOMPLICE AWARD Finalists: ANZ, BNZ, Infratil, Newmont, Rio Tinto Aluminium NZ, Rymans, Telecom, Transpacific and Westpac. There were two finalists for the

UPDATE 1-China's Wen says U.S. responsible for bad ties

BEIJING, March 14 (Reuters) - The United States is to blame for strains between Beijing and Washington and should take steps to repair ties, Chinese Premier Wen Jiabao said on Sunday, indicating the two powers have not overcome a recent rough patch. Wen

CTRM eyes lifting of tariffs on steel and crude imports

The technical level of the Committee on Tariff and Related Matters (CTRM) is inclined to revert back to zero the import tariff on steel from 7 percent because of the unstable production of the country’s biggest steel producer, Global Steel Philippines

Rise in U.S. Polished Diamond Trade

U.S. net polished diamond imports totaled $362.78 million in January, a 28.5 percent increase compared to January 2009. Gross imports of $1.27 billion were a 68.7 percent year-over-year increase.

China's Wen Jiabao blames US for bad ties

Beijing: The United States is to blame for strains between Beijing and Washington and should take steps to repair ties, Chinese premier Wen Jiabao said on Sunday, indicating the two powers have not overcome a recent rough patch. Chinese premier Wen

Qatar expects no change in Opec quota

MENAFN - 14/03/2010 (MENAFN) Qatar's Oil Minister, Abdullah Al-Attiyah, expected the Organization of the Petroleum Exporting Countries (Opec) to keep the output quota unchanged at its next meeting, Reuters reported. Al-Attiyah said that the Opec is not

The new age of the energy abyss

Given the condition of our country's energy system and the public policies that currently govern it, the nation will begin a new era by the end of this decade. By the year 2020, the age of the energy abyss will begin. Once it begins, it is sure to last

OPEC expected to leave output unchanged

OPEC is widely expected to maintain its official oil production quota when it meets this week, with the cartel satisfied with the current level of crude prices, analysts said. The Organization of Petroleum Exporting Countries, whose member countries

New metal recycling facility OK

(Goshen News - McClatchy-Tribune Information Services via COMTEX) -- Elkhart County Plan Commission members Thursday gave their stamp of approval to the construction of a new metal recycling facility in Concord Township. Now, it's up to the Elkhart

Former Bellevue chemist applied science to conservation

Clyde S. Brooks was a trailblazer -- literally. The former Bellevue resident cut the 7-mile Salmon River Trail, maintained by the Connecticut Forest and Park Association.'He just really enjoyed being out of doors and felt passionately about it being

Rockhaven Resources Ltd. Announces Investor Relations Appointment

Rockhaven Resources Ltd. (TSX VENTURE:RK) (the 'Company') is pleased to announce that it has engaged Lance Mayers, of Osoyoos, British Columbia on a month-to-month basis to provide investor relations related services to the Company, including the

Midland Exploration Grants 225,000 Stock Options

Midland Exploration Inc. ('Midland' or 'Company') (TSX VENTURE:MD) announced that it has granted 225,000 stock options to its directors, officers and employees. Each stock option entitles its holder to subscribe one common share of the Company at a

Fitch Affirms Seguin, Texas' GO Rating at 'A+'; Outlook Stable

( ) AUSTIN, Texas, Mar 12, 2010 (BUSINESS WIRE) -- Fitch Ratings take the following action on Seguin, Texas' (the city) bonds as part of its continuous surveillance effort: --Approximately $30.56 million in general obligation (GO) bonds affirmed at

TSX Venture Exchange Closing Summary for March 12, 2010

The following report is available on tsx.com at the following web page: http://www.tsx.com/en/news_events/media_kit.html Trading was very heavy on a volume of 296.6 million shares worth 121.2 million dollars. There were 420 advances, 378 declines and

U.S. Energy Corp. Reports 2009 Highlights and Financial Results

-- Entered into a Drilling Participation Agreement ('DPA') with Brigham Exploration Company (NASDAQ:BEXP) ('Brigham') to earn working interests in up to fifteen 1,280 acre spacing units in Brigham's Rough Rider project area located in Williams and

Donated Jewelry Brightens Domestic Violence Survivors' Lives

The pieces of jewelry come in knotted, tarnished, broken and sometimes without a mate to make them whole. But after a little determination, love and care the once-forgotten pieces are given new life, much like the women whose necks, fingers and ears

Saudi compliance levels highest in Opec

The UAE and Saudi Arabia, together with 98 per cent compliance to the output curbs previously announced by the Organisation of Petroleum Exporting Countries (Opec), have the highest compliance level among Opec members, while Angola and Nigeria aren't

Walter and Esther Ore

celebrated their 60th wedding anniversary on New Year's Eve with friends in Spring Hill, Fla. Walter married the former Esther Williams on Dec. 31, 1949, at Saint Patrick Catholic Church in Erie.The couple are the parents of Kathy Ore; Bob Ore and his

Gold firm raises US$8m

PRIVATE gold-producing firm Duration Gold recently raised US$8 million through a private placement and is currently planning to develop modern mines at its operations in order to improve production. Already the company has a strategic alliance with E+PC

Ore plant approved (2838)

COOS BAY -- More than 20 years, $29 million and 14 permits later, Oregon Resources Corp. finally has the go-ahead to begin construction on its Bunker Hill ore processing plant. The U.S. Army Corps of Engineers has issued the definitive operating permit,

Exeter's gold company split now approved and going live

Canadian gold junior Exeter Resource Corp. has had its proposal to split into two separate companies approved to handle two very different types of gold deposit.