Articles Tagged "finance"

MBAC Fertilizer Corp. Annual and Special Meeting Notification

Potash – MBAC Fertilizer Corp. (NEX:MBC) announces that the Company's Annual and Special Meeting will be held on December 7, 2010 at 10:00 a.m. at the Toronto Stock Exchange Gallery.

Platinum gets mixed response as crude oil drops

Platinum Investing News reports platinum price dropped slightly. It may seem odd that the bankruptcy of a major consumer of platinum would be positive for prices; however, over the past weeks the metal’s price already reflected the impending bankruptcy.  Now the market has shifted its focus, and like all precious metals, platinum has seen a [...]

Australian govt. backing supports iron

Iron Investing News reports iron is supported by the Australian government. Shares in WA’s mid-west iron ore miners and explorers lifted after the Federal Government committed $339 million towards the $4 billion Oakajee port. The government matched funding offered by the WA state government in its 2009/10 federal budget handed down on Tuesday, bringing the [...]

Gold Price Swings After G20 Meet

Gold Investing News reports gold lost about 4% after G20 meet. “High gold prices and extreme volatility in prices are affecting us,” said Joy Alukkas, chairman of Joyalukkas Group, a leading India-based gold and diamond retail chain with 40 major outlets across the world. He said the March 2009 earnings of Joyalukkas Group had fallen [...]

Coal Sees Glimmer Of Light

Coal Investing News reports coal sees a brighter light with spring contract supply negotiations. While the result is less than half of fiscal 2008’s record price of $300 a tonne, it still points to one of the best years ever for coking coal prices and implies that Canadian coking coal producers could enjoy a better [...]

Belmont Resources: Focused on Exploration

Overview Belmont Resources Inc. is a uranium exploration and development company with key projects located in the Central Mineral Belt of Labrador, the Uranium City region of Northern Saskatchewan and the Reindeer / Wollaston Lake area bordering the Athabasca Basin of Northern Saskatchewan. The Company is focused on the development of these projects through joint [...]

Colossus Closes $24.7 Million Financing

Colossus Minerals Inc. announced today the closing of its bought deal offering saying that a total of $24.7 million has been raised including 1.5 units of the over-allotment.  The deal brought in money at $2.15 per unit, a significant premium over yesterday’s closing price of $1.77.  Proceeds of the financing will mainly be used to [...]

Gold primes itself for a win-win situation

Gold investing News reports gold prices remain strong for the New Year 2009. “The more problems we see in the banking sector and the financial sector in general, the more attractive gold as a hedge against such risk will be,” said Commerzbank analyst Eugen Weinberg. “Risk aversion is high. People are looking at gold right [...]