Monthly Archives: December, 2011
Gold: Is there still time to invest
The gold price has done in the $ 2,000 mark, but has not yet, economic conditions affect the gold price. The problems with the European economies are a relevant factor, but most are money printing at an alarming rate with nothing to back it up, the dollar once linked to the price of gold, but [...]
Gold at U.S. $ 2,000 still seen as an opportunity
While the U.S. $ 2,000 gold seems a way from the current level of about $ 1,600 per ounce, the majority of the miners see the precious metal hit that key level sometime next year.Fit for a queen: Czech artist Lubos Charvat beaten with a new 10,000 New Zealand dollar gold coin investment. One side [...]
Mining is the climate change challenge for Obama
When it comes to coal mines in the United States, environmentalists have a simple goal: to stop it. For Obama, it’s a bit complicated. Since taking office nearly three years ago, the administration has limited coal-mining waste dumped into streams and imposed new pollution controls on coal-fired power plants.
Oil prices near $ 100 again, gas prices remain stable
Retail gasoline prices remain stable as the price of a barrel of oil neared $ 100 again after several reports were released last week that the positive acceleration for the U.S. economy showed. Detached house purchases rose in November to seven months as high as the U.S. unemployment claims fell by 4000 to 364,000 last [...]
Crude Oil Higher in Thin Trading
Crude oil futures were slightly higher in thin trade Tuesday as many traders do not trade because of a holiday in London. At 6 pm ET, the front-month February Brent contract on ICE Futures London exchange rose 37 cents, or 0.3%, to $ 108.33 per barrel. The front-month February contract on the New York Mercantile [...]
Saudis Need $ 74 Oil Price Balance Budget by 2012, Says Jadwa
Saudi Arabia, the world’s largest oil exporter, to $ 74 per barrel for its crude oil exports next year to balance its budget, Jadwa Investment Co. said. For Saudi oil prices reach $ 74 a barrel, the kingdom around $ 70 per barrel WTI and $ 78 per barrel for Brent, Jadwa, a diversified investment [...]
Yanzhou Coal to Buy Gloucester for $2.1B
Yanzhou Coal Mining Co. (1171), the fourth largest producer of coal in China, Gloucester Coal Ltd. agreed to purchase for approximately A $ 2.1 billion ($ 2.1 billion) in cash and shares for more mines and ports in Australia to access. The deal values ​​Gloucester at as much as A $ 10.16 per share, subject [...]
