Gold and Oil News
Gold and Oil News - October 25, 2007 12:00
UPDATE 2-Lonmin yr platinum sales fall, outlook disappoints
UPDATE 2-Lonmin yr platinum sales fall, outlook disappoints nalysts’ comments, shares) LONDON, Oct 25 (Reuters) – The world’s third biggest platinum producer, Lonmin Plc (LMI.L: Quote, Profile , Research), said sales in the coming year would recover after a 16 percent fall in 2007, but analysts said the outlook Source: c.moreover.com
Alcan joins Rio Tinto to create global aluminium leader
MONTREAL, Oct. 25 /PRNewswire-FirstCall/ – Alcan today joined the Rio Tinto group following the successful Offer for Alcan by a subsidiary of Rio Tinto. The expanded aluminium product group, formed by the combination of Alcan and Rio Tinto’s existing Read More…
Aluminium recycling company achieves Beacon status
A Gloucester-based aluminium recycling company has triumphed through adversity and won a much coveted regional development award. Avon Metals has achieved Beacon status from Beacon South West, a South West of England Regional Development Agency (RDA), Read More…
Oil prices slip, extend recent decline
Oil prices extended their decline Wednesday as traders shrugged off the latest threat to Iraqi oil flows from a possible Turkish military incursion and focused on the impending release of weekly U.S. fuel data expected to show crude inventories rose Read More… SINGAPORE – Oil prices dropped further Wednesday ahead of the release of weekly […]
Oil Hovers Around $85 on OPEC Hike, Economic Woes
Oil Hovers Around $85 on OPEC Hike, Economic Woes Oil & Gas, CommoditiesBy ReutersOil retreated below $85 a barrel on Wednesday, falling for the fourth consecutive session on forecasts that U.S. crude inventories likely rose again and on signs that OPEC was already boosting oil supply.U.S. light, sweet Source: c.moreover.com Ghana projects 650 000 tonnes […]
HudBay Announces Significant New Zinc Discovery at Lalor Lake
Extract not available. Read More… NEW YORK (AP) – Soybean prices rose Tuesday on expectations U.S. supplies will shrink rapidly in the coming months amid growing demand for the beans to feed livestock and make alternative fuel. Corn and wheat prices fell, while energy futures declined Read More…
Current year wheat target fixed at 24m tons
Current year wheat target fixed at 24m tons ISLAMABAD, Oct 23: The government on Tuesday set current year’s wheat output target at 24 million tons and finally reduced last year’s production estimates by 260,000 tons to 23.3 million tons. Minister for Food, Agriculture and Livestock (Minfal) Source: c.moreover.com
Secretaries’ panel to finalise wheat import modalities
): The Ministry of Food, Agriculture and Livestock (Minfal) will hold the secretaries committee meeting within the next two days to finalise the modalities of import of 0.4 million tons of wheat. Sources told Business Recorder here on Monday the Minfal Read More…
AP: Oil Prices Drop to $85.77 a Barrel
AP: Oil Prices Drop to $85.77 a Barrel SINGAPORE (AP) – Oil prices fell Tuesday amid worries about a possible slowdown in the U.S. economy that would reduce demand for oil and petroleum products.Light, sweet crude for December delivery lost 25 cents to US$85.77 a barrel in Asian electronic Source: c.moreover.com
Why Finance Bank facilitated crude oil procurement
GOVERNMENT has explained that Finance Bank Zambia (FBZ) facilitated the procurement of crude oil because both the supplier and the State were comfortable with the institution.Finance Minister, Ng’andu Magande said in Lusaka yesterday that when Total Read More… Private and institutional investors now have the choice of using an investment manager to invest in physical […]
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