Articles Tagged "chief executive officer"

Dalradian Intercepts 1.83 Metres of 37.41 g/t of Gold at Tyrone Project

Gold – Dalradian Resources Inc. (TSE:DNA) extends a high grade zone in the T17 vein 85 metres vertically below the exploration adit at its Curraghinalt gold deposit in Northern Ireland.

Madagascar Oil Sells $80 Million in Shares to Tap African Field

Heavy Oil – Bloomberg.com reports that Madagascar Oil Ltd. plans to sell $80 million in shares on London’s Alternative Investment Market to fund its heavy crude pilot project.

Allied Energy Begins Production Operations in the Giddings Field

Oil – Allied Energy, Inc. (PINK: AGGI) reports that the Company has commenced production operations for its first horizontal well, the Allied Howard #1H. This well is located in the historic Giddings Field of Grimes County, Texas.

Rio Tinto’s New Attempts

Iron Investing News reports Rio Tinto’s new attempts securing its supply of iron ore. The head of Rio Tinto PLC is trying to repair his company’s troubled relationship with China following the arrest of four Rio executives in a corporate espionage scandal and the collapse of a US$19.5-billion investment deal with a state-backed Chinese mining [...]

Investors Being Pushed Towards Gold

Gold Investing News reports gold is been talked about almost all media. The company has disclosed it recently invested around US$400 million to buy the yellow metal in the expectation that it was not only a prudent way to preserve its funds but also that the metal’s price would rise significantly. The company has bought [...]

Gold price under pressure to perform

Gold Investing News reports gold rallying under pressure from the stock market. On Thursday, the metal broke below its 100-day moving average at $885, and sell stops were triggered. “The close below $885 could indicate more pressure to come over the next couple of sessions, with $869 the next support level. It’s seeing some technical selling,” [...]