Gold and Oil News
Gold and Oil News - November 28, 2007 9:00
Murray Goulburn says GM grains won’t impact products
Dairy processing company Murray Goulburn is telling consumers that it is confident a move to genetically modified (GM) grains will not affect its products. The company processes milk from Gippsland dairy farmers, in south-east Victoria, and sells Read More… SINGAPORE (Reuters) – Oil extended losses to below $94 on Wednesday, after falling 3 percent a […]
Oil drops $1 on prospect of OPEC supply boost
Extract not available. Read More… LONDON (Reuters) – Oil fell below $97 a barrel on Tuesday as investors bet that the OPEC exporter group will boost supply for a second time this year at a meeting next week to cool near-record prices. Influential Saudi Oil Minister Ali al-Naimi gave Read More…
MCX plans gold coin futures contract
MCX plans gold coin futures contract MUMBAI: The Multi Commodity Exchange of India (MCX) is planning to a launch gold coin futures contract on its exchange to tap the small retail investor and is expected to apply to the FMC next month. While the contract specifications are still being Source: c.moreover.com
Benton Resources gains on zinc assays
TORONTO (SHfn) -Drill reports for two junior explorers proved positive for shareholders. Benton Resources (TSX: V.BTC, Bullboards) has reported that high grade zinc assays are in from the Ruby Hill showing on the Gem project, located 140km north of Read More… SINGAPORE: Oil prices fell further Tuesday on growing expectations that OPEC ministers will agree […]
Practice Forex Trading – Sponsored Link
Practice Forex Trading – Sponsored Link Ad – Free $100,000 Practice Account With Real-Time Charts, News & Research! Source: c.enhance.com Oil falls more than $1 on OPEC, stock market drop -Reuters The weak dollar, coupled with investment inflows into energy and concerns over winter supplies, has pushed up the average forecasts for oil prices next […]
Oil Prices Rise Near $99 As Temps Fall
— Oil prices rose to near $99 a barrel Monday with temperatures falling in the United States and Europe and continued weakness for the U.S. dollar. The Thanksgiving holiday on Thursday marked the unofficial start of winter in the United States. Among Read More…
Further Price Rises of Basic Commodities Expected in Philippines
Extract not available. Read More…
Zinifex warns rising costs, dropping zinc price could hamper earnings
The worlds second largest zinc producer Zinifex Ltd has warned rising costs, the strong Australian dollar and lower zinc prices could hold back earnings this year. Nevertheless, net profit should still exceed last years record result after the company Read More…
Inco strike ends, nickel price seen normal
Extract not available. Read More…
Supreme Court bars Vedanta from mining bauxite
NEW DELHI (Reuters) – The Supreme Court barred Britain’s Vedanta Resources Plc on Friday from mining bauxite in sacred, forested hills in Orissa where tribal people and voluntary groups strongly oppose it. The court said it could not take ‘the risk’ of Read More…
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