Magellan Petroleum Corporation Outlines Montana Oil Acquisition and Commercial Update

Magellan Petroleum Corporation has completed a Montana oil acquisition and provides commercial updates on Australian and European activities.
The Company has [...]

Read More

Oil Company Shares Rose Nearly 2 Percent, An Indication Demand Will Increase

The banking sector, which had a dismal 2008, has jumped 171 percent since the market reached a floor in early [...]

Read More

Brazil Stocks Rise On Investor Optimism, Two Mining Companies (Pterobas and Vale) Heavily-Weighted Stocks Index

Brazil’s stocks rose on Monday, extending the previous trading session’s gains when Rio de Janeiro won the bid to host [...]

Read More

Operational Unit Cost Increase, Xstrata Coal Forced To Cut Purchase Coal Price From Coal Suppliers

Xstrata Coal Queensland complained that the unit operating costs increased from year to year, thus affecting the company’s earnings to [...]

Read More

Rio Tinto Warns On Cheap Mongolian Coal

Mining giant Rio Tinto has warned that cheap coal from Mongolia as well as congestion at the Port of Newcastle [...]

Read More