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Nikkei Slips After Trading Higher
Published July 9, 2009, 7:13 pm, INO News
(RTTNews) - The positive close on Wall Street on the back of some encouraging data on the employment front and bargain hunting after seven successive days of losses lifted the Japanese benchmark index Nikkei up sharply in early trading on Friday.
Japan Stocks End 7-Day Losing Streak as Earnings Concerns Ease
Published July 9, 2009, 6:59 pm, Bloomberg
July 10 (Bloomberg) -- Japanese stocks gained, ending a seven-day stretch of losses, as concerns eased that earnings reports will weigh on the market.
Intrepid and Vale Sign Heads of Agreement in Respect of Tujuh Bukit Sulphide Copper-Gold Project
Published July 9, 2009, 5:09 pm, Marketwire
SUMMARY - VALE TO SPEND US$40M TOTAL TO EARN A 60% INTEREST IN THE TUJUH BUKIT SULPHIDE COPPER-GOLD PROJECT - VALE TO FREE CARRY INTREPID THROUGH TO COMPLETION OF A BANKABLE FEASIBILITY STUDY - INTREPID TO RETAIN 100% OF ITS EXISTING RIGHTS TO THE GOLD-SILVER OXIDE PROJECT WHICH HAS A CURRENT INFERRED RESOURCE INVENTORY OF 2.57 MILLION OUNCES GOLD EQUIVALENT THE TRANSACTION SPECIFIED IN THE ...
Intrepid and Vale Sign Heads of Agreement in Respect of Tujuh Bukit Sulphide Copper-Gold Project
Published July 9, 2009, 5:00 pm, CCNMatthews via Yahoo! Finance
BRISBANE, AUSTRALIA-- - Intrepid Mines Limited is pleased to report the signing of a Heads of Agreement with Vale Exploration Pty Ltd, a wholly-owned subsidiary of Vale S.A , the world's second largest Mining Company, granting Vale an option to acquire rights to Intrepid's Tujuh Bukit sulphide copper-gold project in Indonesia Under the terms of the HOA, Vale could earn a 60% shareholding in a ...
Peru’s Central Bank Reduces Rate to 2% as Prices Fall (Update1)
Published July 9, 2009, 4:47 pm, Bloomberg
July 9 (Bloomberg) -- Peru’s central bank cut its benchmark lending rate by a full percentage point for the sixth month today after the economy shrank for the first time in seven years and consumer prices fell.
Japan, Australia Futures Climb as Earnings Concerns Recede
Published July 9, 2009, 4:46 pm, Bloomberg
July 10 (Bloomberg) -- Japanese and Australian stock futures gained as concerns eased that earnings reports will weigh on the market. Japan’s Fast Retailing Co., the operator of the Uniqlo casual clothing store chain, lifted its profit and dividend forecasts yesterday.
Peru’s Bank Reduces Rate to 2% as Prices Fall, Economy Stalls
Published July 9, 2009, 4:30 pm, Bloomberg
July 9 (Bloomberg) -- Peru’s central bank cut its benchmark lending rate for a sixth month today after consumer prices fell for a second month and economy shrank for the first time in seven years.
China gets nod to buy into miner Kagara
Published July 9, 2009, 3:33 pm, BigPond News
The government has allowed a Chinese party to become the largest shareholder of debt-laden miner Kagara.
China gets nod to buy into miner Kagara
Published July 9, 2009, 3:28 pm, Sky News Australia
The Australian government has given the nod to a Chinese party becoming the largest shareholder of debt-laden zinc and copper miner Kagara Ltd.
China Makes Its Move As U.S. Falls Back In Latin America
Published July 9, 2009, 3:02 pm, Free Internet Press
All but invisible in Latin America a decade ago, China now is building cars in Uruguay, donating a soccer stadium to Costa Rica and lending $10 billion to Brazil's biggest oil company.
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