Source Says Turkey PM Signed Oil Deal with Kurdish Govt, Defying Baghdad
Oil – Bloomberg reported that two people familiar with the matter said the Kurdish government of Iraq has signed an agreement with Turkey to supply it directly with oil.
Oil – Bloomberg reported that two people familiar with the matter said the Kurdish government of Iraq has signed an agreement with Turkey to supply it directly with oil.
Zinc – Mining Weekly reported that Aldridge Minerals reported robust metrics for its Turkish Yenipazar project, which is expected to produce 56.3million pounds of zinc annually.
Oil – Boasting a similar geological structure to that of the Woodford and Eagle Ford shales in the US, Turkey's Dadas Shale has the size and potential to ignite the country's energy sector.
Gas – Reuters reported that Turkey is planning to increase the exploration of basins in its Southeast, East and Western Thrace areas in the hope of finding sizeable shale gas reserves. Turkey's interest is motivated by its desire to reduce its energy import dependency.
Gold – Aurizon has recommended that shareholders reject a $4.6-per-share hostile bid as "inadequate and opportunistic."
Uranium – Both industry experts and market watchers are confident that uranium spot prices will begin to rise this year as nuclear power plants are constructed and commissioned around the world.
Gold – Bloomberg reported that increasing costs and falling ore quality at Alacer Gold Corp.'s (TSX:ASR,ASX:AQG) Australia-based mines, coupled with expansion potential at the company's gold mine in Turkey, make Alacer a good M&A target.
Gold – Need proof that individuals seeking safety flock to gold? Look at Iran, where demand for the metal is growing as the impact of sanctions becomes more severe.
Oil – A brief overview of oil price developments, supply and demand and significant market movers.
Oil – Bloomberg reported that oil rose as a result of continued concern that tension between Syria and Turkey may disrupt shipments out of the Middle East. The news that only 339,000 people in the United States filed first-time applications for unemployment benefits also buoyed prices.
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