Search Results for: mining+exploration+companies+europe
-
Australia BHP Shares Gain as China Proves Retailers’ Pain
China’s demand for metals and energy is splitting Australia in two, pitting resource-rich Western Australia and mining companies from BHP Billiton Ltd. Xstrata Plc to Against the rest of the country. Coal and metal sales to the fastest-growing major economy Prompted Reserve Bank of Australia Governor Glenn Stevens to raise interest rates six times in seven months, fueling a 27 percent gain in the Australian U.S. dollars since the first quarter of 2009 That hurt Exporters like wheat farmer John Springbett. (more…) -
CANADA STOCKS, TSX is opened higher, led by mining shares
The main stock index could increase Toronto’s opening on Thursday, led by mining shares after China reported a rise in exports, raising the demand outlook. Data released on Thursday morning provided a mixed reading on the Canadian economy. Canada posted a smaller than excepted trade surplus in April as the value of both exports and imports fell. Statistics Canada also reported that new home in Canada, prices rose for the 10th consecutive Mon (more…) -
Weekly mining Market report in Canada
CC. The month of February ended with buyers continuing to buy assets peak, although the junior explorers were marking drilling results interesting. However, weak consumer confidence in the U.S. and Europe prompted investors wary of large paris pose on the stock markets. Once all transactions must be done, the TSX Venture Exchange, home to junior exploration companies than anywhere else in the world, was virtually unchanged, down a modest 0.06 per cent, while the TSX Gold Index fell 0.61 per cent.Resource base metal former “were the flavor of the week, as a Strategic Resource Acquisition signed an agreement to buy the Lagoa Salgadas massive sulphide project in Portugal. The project hosts an inferred resource of 2.02 million tonnes grading 0, 35% copper, 4.83% lead, 5.13% zinc, 1.29 grams of gold per tonne and 85.35 grams of silver per ton. The price tag was not disclosed. (more…)
-
London Mining markets reports last week
The achievements in the first half were removed on Thursday and Friday, the market remained concerned about the financial health of some European countries, namely Greece and Portugal. These concerns fueled a more general malaise and commodities fell sharply, with the largest gold suffering of his day a fall of more than a year. The FTSE 100 miners was reduced by an average of 3.0 percent, while shares of medium and small capitalization slid 3.3 percent. (more…)