China boosts world steel output: association
PARIS (AFP) - World steel output rose 13.1 percent in October from the level of output a year earlier, driven largely by production in China, the World Steel Association said on Friday.Production...
AFP Finance News -
Saturday November 21, 2009, 3:23 am
Banknote scandal: police raid RBA subsidiary
Federal police have raided the offices of a Reserve Bank subsidiary in Melbourne in the latest part of a scandal involving plastic banknotes in other countries.
The raids happened yesterday, with...
ABC Business News -
Friday November 20, 2009, 8:03 pm
Sims Metal to raise $475m to fund growth
Sims Metal Management Ltd has signalled it is on the lookout for buying opportunities after announcing a $475 million capital raising to fund its growth strategy.The global metal and electronics...
AAP -
Friday November 20, 2009, 5:23 pm
Peel Exploration Limited (ASX:PEX) Completes The Settlement Of May Day Gold-Lead-Zinc Acquisition
Perth, Australia, Nov 20, 2009 - (ABN Newswire) - Peel Exploration Limited (ASX:PEX) is pleased to announce the Company has today completed the settlement of the acquisition of the May Day mining...
Asia Business News -
Friday November 20, 2009, 4:12 pm
Metal Storm face Assure payment delay
Defence weapons developer Metal Storm Ltd says an investment from Assure Gas Holdings Ltd expected earlier this month may not be finalised until Monday.Metal Storm previously announced Assure would...
AAP -
Friday November 20, 2009, 12:40 pm
Bendigo Mining hails exploration results
Gold producer Bendigo Mining says it has discovered new mineralisations at projects in Tasmania and Victoria.Based on visual grade estimation, the company said there was up to 11.7 grams per tonne...
AAP -
Friday November 20, 2009, 11:29 am
'Fiscal prudence' pays for Sims Metal
Sims Metal Management Ltd group chief executive Daniel Dienst says the company has come through the downturn well due to "fiscal prudence" and now is well placed to capitalise on the...
AAP -
Friday November 20, 2009, 11:25 am
AIR Midday Market Roundup
The market is down 66. The SFE Futures were down 45 this morning. Wall St. down 94 overnight. The Dow was down 1 at best and down 170 at worst. Biggest fall in a month. Economic figures were in line...
Australasian Investment Review -
Friday November 20, 2009, 10:59 am
Republic Gold Limited (ASX:RAU) Commences 5,000-Metre RC Drilling Programme At Tregoora Gold Project In Far North Queensland
Brisbane, Australia, Nov 20, 2009 - (ABN Newswire) - Republic Gold Limited (ASX:RAU) today announced that the Company will today commence a 5,000-metre RC drilling programme at its 100%-owned...
Asia Business News -
Friday November 20, 2009, 10:58 am
EU tells Alcoa to repay Italy state aid
BRUSSELS (AFP) - EU regulators on Thursday ordered US aluminium giant Alcoa to repay Italy for state aid received since 2006 in the form of subsidised electricity prices for two smelters.The European...
AFP Finance News -
Friday November 20, 2009, 9:12 am
Brambles Sees Lower Revenues
Brambles has changed CEOs and other senior managers and now the market is changing Brambles' outlook to one not so rosy. The company told yesterday's AGM in Melbourne that group sales for...
Australasian Investment Review -
Friday November 20, 2009, 8:05 am
Gold To Go Higher, But Be Careful
More records for the gold price this week as the futures price reached over $US1,150 an ounce. Of course the rising value of the Australian dollar continues to clip those gains for local...
Australasian Investment Review -
Friday November 20, 2009, 8:01 am
FMG warning on mining infrastructure
The chief executive of Fortescue Metals Group, Andrew Forrest, says Australia is losing its global dominance in the iron ore sector because of poor infrastructure planning.
Mr Forrest's comments...
ABC Business News -
Thursday November 19, 2009, 9:03 pm
Ore project boosts Australasian shares
Shares in Australasian Resources Ltd rose after the Clive Palmer-controlled explorer received federal government environmental approval for its Balmoral South magnetite iron ore project in Western...
AAP -
Thursday November 19, 2009, 4:12 pm
Emergent Resources Limited (ASX:EMG) 3.7 To 4.2 Billion Tonne Exploration Target Confirmed At Beyondie Magnetite Project
Perth, Australia, Nov 19, 2009 - (ABN Newswire) - Emergent Resources Limited (ASX:EMG) is pleased to announce that an exploration target in the range 3.7 to 4.2 billion tonnes has been interpreted...
Asia Business News -
Thursday November 19, 2009, 3:25 pm
