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Asian Stocks Rise to Six-Week High on U.S. Jobs Data
Asian stocks rose, driving the MSCI Asia Pacific Index to a six-week high, as better-than-estimated U.S. jobs data and a pledge by French President Nicolas Sarkozy to support...
Asian Stocks Decline on China Lending Concern
Asian stocks fell as China’s Industrial Bank Co. predicted slower growth in new lending, while the euro retreated on speculation the...
Future Of Griffin Coal Mining Companies
Coal mining company, Griffin Coal Mining Co. facing financial problems to continue mining exploration project, because the mining company of Griffin Coal Mining has a debt to the holders of...
Yukon-Nevada Gold Continued Gold Mines Exploration In Jerrit Canyon, Nevada
Gold mining company, Yukon-Nevada Gold signed a contract with the developer in Jerrit Canyon mines, Nevada. Mining site to be operated about 50 miles from Elko, Nevada. Mines operated by the United States Queenstake Resources, the mining subsidiary of Yukon-Nevada Gold Corp..
Rio to Reinstate Automated Trains at Australian Iron Ore Mines
Rio Tinto Group, the world’s third- largest mining company, will reinstate a $371 million automated train program at its iron ore operations in Australia as the global economy continues to recover from recession.
“They...
Gold Prices Boost Mining Industry After Economy Takes A Dip
The Alaska Miners Association Convention wraps up this weekend. They’ve been hit hard by the global recession, and that’s one of the things they’ve been talking about this week. 2008 was not a great year– the total value of the industry in Alaska was down about 21 percent compared to 2007.
Lindsey Expresses Concern Over Changes By Underground Coal Mining Company
For the second time in two weeks, the Greene County Commissioners tabled a request which would have allowed a Sullivan-based coal mining company to purchase equipment via a $1 million Office of Community and Rural Affairs grant.
Rio Tinto Group Double Capital Expenditure in 2010
Rio Tinto Group, the world’s third- largest mining company, will double capital expenditure in 2010 after cutting net debt by 42 percent in the first nine months of this year.