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Asian Stocks Decline on China Lending Concern


asian stocks decline preview mining companies stock tradeAsian stocks fell as China’s Industrial Bank Co. predicted slower growth in new lending, while the euro retreated on speculation the...

Hurricane Affects Exploration Iron Ore Mine In Australia


A cyclone packing winds up to 285 km per hour forced iron ore miners on northwest Australia’s Cockatoo Island to evacuate but posed little concern for larger mining operations out of the storm’s path.

HWE Mining Pty Ltd, which mines about about 300,000 tonnes of iron ore annually in partnership with U.S.-based Cliffs Natural Resources, has moved 36 of its Cockatoo Island workers to a safety shelter, it said in a statement on Wednesday.

Philippine Society Protest Rising Oil And Gas Prices


The price of gasoline and kerosene on 20 May. Community resulted in price increases to protest to the Philippine oil companies, because gasoline and kerosene prices increase was made during Philippine society is facing catastrophe.

South African Stocks: Anglo American, Old Mutual, Jasco, Sappi


mining-stock-marketSouth Africa’s FTSE/JSE Africa All Share Index fell for the first time in four days, sliding 177.53, or 0.7 percent, to 25,878.88 at 2:07 p.m. in Johannesburg.

The following are among the most active stocks in the South African market today.

Anglo American Plc (AGL SJ) fell 6.45 rand, or 2.4 percent, to 260.40 rand after Xstrata Plc dropped a proposed 29.6 billion-pound ($48...

Brazil Regulation Chance in Oil and Gas Industry Sector Not Give Oil Companies Take Greater Part


petroleum_oil_and_gas_drillingBrazilian government proposed changes in state regulatory oil and gas exploration. Changes in state regulations issued by the Brazilian government for the sector, oil and gas exploration, providing a greater stake in state-owned oil company. These rules according to some oil companies are harming them, because this policy does not provide the...

Gold Prices Earse Losses, To Rise Back Above $1,000


Gold futures erased earlier losses Friday to rise back above $1,000 an ounce as the U.S. dollar weakened against the euro, boosting the metal’s appeal as an alternative investment.

The dollar had been higher earlier in the session, pressuring gold, on the heels of a disappointing U.S. jobs report. But the euro-zone single currency clawed back against the greenback in recent trading.

Oil And Gas Prices : Mixed Economic News Pushes Crude Oil Price Lower


Following a week in which crude oil closed near its highest price of 2009, crude futures on the New York Mercantile Exchange closed the week Friday falling by $6 per barrel to $66.01 per barrel in response to a mixed bag of economic news.

Gasoline Prices Jump 15 Cents In 2 Weeks


Gasoline prices rose more than 15 cents in the past two weeks, the result of rising crude oil prices, according to a survey published Sunday.

The average national price of a gallon of unleaded gasoline was at $2.6442, the August 7 Lundberg survey found, an increase of 15.83 cents from two weeks ago.