China’s Chalco wins initial approval to take over Baotou Aluminium - December 10, 2007 9:00

China’s Chalco wins initial approval to take over Baotou Aluminium TOKYO (Thomson Financial) – Japan’s foreign minister Sunday said the Chinese version of a joint press statement released after high-level economic talks had not mentioned Tokyo’s wish to see the yuan rise in value. ‘The point that Japan raised about Source: c.moreover.com

Copper gains on anticipation of U.S. rate cut - December 7, 2007 14:59

NEW YORK: Copper prices rose Thursday for a second consecutive session on speculation that the Federal Reserve would lower borrowing costs, which could bolster economic growth and increase demand for metals. Odds that the Fed will cut interest rates by Read More… SEOUL, South Korea _ South Koreas coast guard said Friday the amount of […]

Oil lower as OPEC keeps output quota unchanged - December 7, 2007 13:00

Oil lower as OPEC keeps output quota unchanged AFP Source: c.moreover.com Gold loses its shine, silver falls too Mumbai/New Delhi Dec 6 (PTI) Gold and silver prices in Mumbai and Delhi bullion markets today slipped by Rs 165 and Rs 145 per 10 gram respectively in line with the trend in global markets where the […]

Dollar, metals prices dim Teck outlook - December 7, 2007 10:59

A senior Teck Cominco Ltd. executive told a New York forum yesterday that the mining company’s profit will be eroded by plunging metals prices and a strong dollar. The warning issued by Ron Vance, vice-president of corporate development, came just over a Read More… .h1 { FONT-WEIGHT: bold; TEXT-JUSTIFY: inter-ideograph; FONT-SIZE: 22pt; MARGIN: 17pt 0cm […]

Opec finds a price range it can live with - December 7, 2007 8:59

Opec finds a price range it can live with Extract not available. Source: c.moreover.com

OPEC maintains output, calms markets with promise of review - December 6, 2007 14:59

ABU DHABI — OPEC hedged its bets yesterday, opting to keep production steady but setting a new meeting for Feb. 1 to raise output if prices skyrocket. Benchmark crude prices rose on word of the decision, but the prospect of a review early next year – Read More… Abu Dhabi, Dec 5 Opec agreed on […]

OPEC daily basket price stood at 85.50 dollars a barrel Wednesday, 5 December 07 - December 6, 2007 12:59

OPEC daily basket price stood at 85.50 dollars a barrel Wednesday, 5 December 07 Extract not available. Source: c.moreover.com

Sindh flour mills asked to lift 0.1 million wheat from Passco - December 6, 2007 11:00

Sindh flour mills asked to lift 0.1 million wheat from Passco ): The Sindh government has directed the flour mills to lift about 0.1 million tonnes wheat stock from Passco godowns in Southern Punjab to put breaks on the rising prices of flour and wheat in the domestic market, sources told Business Recorder here on […]

Anticipated Rio Tinto bid drives steel stocks higher - December 6, 2007 8:59

Anticipated Rio Tinto bid drives steel stocks higher Chinese shares rose on Wednesday with the steel, nonferrous metal, new energy and medical instrument sectors leading the way. Baoshan shares rose 6.63 percent to 16.56 yuan (US$2.2), helping to drive up the whole steel sector. Gansu Jiu Steel Group and Source: c.moreover.com Yukon Zinc pulls financing […]