There is no way London listed Anglo Pacific Group may be described as flamboyant, but it comes with goodies on a very consistent and the fan club is growing. In recent results for the year 2009 most forecasts brokers were hit with some ease, although they tended to err on the side of caution – which is understandable, since 2009 was far from being one years ordinary. As Peter points Boycott President 0f the first half of 2009 was characterized by falling stock markets and the banking crisis, while the second half saw an improvement in economic outlook and significantly higher prices for raw materials. Read more
Tags: <Anglo Pacific Group, BHP Billiton, Crinum mine, improvement in economic, Kestrel mine, Queensland, Rio Tinto, stock markets and the banking crisis>, Brian Wides, Brian Wides Anglo Pacific, Anglo Pacific Group Boycott
La Mancha Resources Inc. (TSX:LMA) (hereinafter “La Mancha” or the “Company”) is pleased to report that its first gold dore bar was poured earlier today from ore mined at its 100%-owned White Foil mine near Kalgoorlie, in Western Australia. Dominique Delorme, President and CEO of La Mancha, stated: “Inaugurating our second Australian gold mine within a 24-month span is a very symbolic milestone, as it highlights our continued ability to successfully deliver our business plan within our set objectives and timeline. (more…)
The Obama administration a moratorium on new oil drilling in deep water on Monday, a move the industry said was unnecessary and would place tens of thousands of jobs at risk. Shares in BP Plc shares rose, and sources said the British oil giant is in talks with U.S. energy company Apache Corp. and others to sell assets worth up to $ 10 billion. Meanwhile, BP was in the process of installing a new cap on his torn deep sea and try to almost all the oil in the Gulf of Mexico spitting on the 84th day record. (more…)
Comex gold futures edge lower Monday on the compromise reached on the federal budget at the weekend and a stronger dollar.
The most actively traded contract for June delivery was recently down 0.4%, or $ 5.50 of $ 1,468.60 per troy ounce on the Comex division of the New York Mercantile Exchange. The contract had a fresh all-time high overnight, up to $ 1,478 per troy ounce. (more…)
