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Breaking News Fri, 30 Jul 2010
An unidentified man stands near a gas flare belonging to the Agip Oil company in Idu Ogba, Niger Delta area of Nigeria, Wednesday, Feb. 1, 2006. OPEC and the European Union agreed in Vienna Wednesday to maintain a close "energy dialogue," stressing the importance of working together to help stabilize and secure the world's oil markets. Edmund Daukoru, Nigeria's oil minister and president of the Organization of Petroleum Exporting Countries, met with Martin Bartenstein, the energy minister of Austria, which holds the EU's rotating presidency. In a statement, the EU presidency said both reaffirmed the need to stay in close touch on energy issues.
(photo: AP / George Osodi)
Trying to Spread Africa's Wealth
The New York Times
| NICE — In years past, Africa was always the outsiders’ cornucopia, the font of gold and diamonds, slaves and minerals, cotton and rubber and, more latterly, oil. | These days, the continent’s riches draw a new cast of prospectors and predators, but the question is the same: who b...
Journalists raise their hands as David Cameron the leader of Britain's opposition Conservative party takes questions during a news conference on environmental issues in London, Monday, April 26, 2010. Britain will hold a national election on May 6.
(photo: AP / Matt Dunham)
British PM works to deepen Indian economic ties
Herald Tribune
| NEW DELHI - British Prime Minister David Cameron worked to deepen his nation's ties with India on Thursday, using his trip to the former colony turned rising regional power to rake in millions of dollars in new business for the struggling British economy. | Cameron was expected to cap his three-da...
SA may halt Coal of Africa mine development
Business Report
  | Submit your comment | South Africa is concerned about "illegal activities" at Coal of Africa's Vele mine, and could halt development at the colliery if the company flouted environmental laws, a minister said on Thursday. | "If we verify that...
Natixis positive about base metals sector
Business Report
  | Submit your comment | Commodity brokers Natixis Commodity Markets said Friday that they retain their positive stance towards prospects for the base metals sector. | Natixis, in its Third Quarter Metals Review, said that when it released its ...
Natixis says gold to underperform in 2011
Business Report
  | Submit your comment | Commodity brokers Natixis Commodity Markets said Friday that gold is set to underperform in 2011. | Natixis, in its Third Quarter Metals Review, is forecasting a slide in prices in the third quarter, perhaps acceleratin...
Arch Coal, Inc. Reports Second Quarter 2010 Results
redOrbit
| ST. LOUIS, July 30 /PRNewswire-FirstCall/ -- | Earnings Highlights ------------------- Quarter Ended Six Months Ended In $ millions, except per share data 6/30/10 6/30/09 6/30/10 6/30/09 ------------------------- ------- ------- ------- ------- Rev...
Summary Box: Arch reverses 2Q loss, ups outlook
Fresno Bee
| The Associated Press Share | thefresnobee_994:/2010/07/30/2023851/summary-box-arch-reverses-2q-loss.html E-Mail Print Text Size: tool name | tool goes here Comments (0) | Similar stories: | Arch Coal 2Q profit surges on global sales Arch Coal 2Q pr...
Aquarius May Close Mine for Months
All Africa
AQUARIUS Platinum's share price fell heavily yesterday on news in a quarterly production report that it could shut its Blue Ridge mine for up to seven months to make it a more productive and safer operation. | ...
Gasoline Price - Fuel - Oil
WN / Sweet Radoc
Govt to not roll back fuel price hike, despite demand
The Times Of India
NEW DELHI: The government today said that it has no intention of rolling back the hike in fuel prices, despite widespread demand from various quarters. | "There is no proposal to r...
File:Copper .JPG
Public Domain / FK1954
Copper falls on Chinese equities, data eyed
The Guardian
* Equities in top metals consumer China fall * US data eagerly awaited later * COMING UP: Redbook weekly U.S. retail sales at 1255 GMT (Recasts, adds comments/details, changes date...
Cigarette - Tobacco
WN / Sweet Radoc
Cigarette makers are still rolling their own profits
Business Report
  | Submit your comment | WHILE many an ex-smoker may find the idea of sharing | space with smokers appalling, the return on investments into tobacco companies is almost as at...
Small caps round-up: PetroLatina, Metminco, Berkeley Resources...
Money Week
| Colombia-focused oil and gas group PetroLatina has raised $11.5m from a placing of shares at 40p each, with $10m bought by major shareholder Tribeca Oil & Gas Inc and the rest by a business linked to chief executive Juan Carlos Rodriguez. | The fun...
Molycorp Closes Down in Debut
The New York Times
| Shares of Molycorp, the rare earth metals producer, fell more than 8 percent in their market debut Thursday, after the company priced shares of its initial public offering below expectations, raising $393.8 million. | The Greenwood Village, Colo., ...
No plans to re-list De Beers: Carroll
Business Report
  | Submit your comment | Anglo American chief executive Cynthia Carroll on Friday said there was no plans to re-list diamond giant De Beers. | A re-listing would bring De Beers a full circle after it scrapped a listing in Johannesburg and went ...
Commodities pull FTSE down, U.S. GDP data due
The Guardian
* FTSE down 0.6 percent on U.S. slowdown fears * Energy, oils lower as risk appetite wanes * Defensive stocks lead risers By David Brett LONDON, July 30 (Reuters) - Britain's top shares fell by midsession on Friday, with declines in commodity assets ...



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