Aug. 16 (Bloomberg) -- Grant Craighead, managing director and co-founder of Sydney-based research company Stock Resource, talks about Australian mining stocks. Global gold mining takeovers set a record this year with "chest-beating" miners chasing deals as the price of the metal surged, boosting fees at advisory banks BMO Capital Markets, HSBC Bank Plc and Merrill Lynch. (Source: Bloomberg)
Views: 185 Bloomberg
April 1 (Bloomberg) -- Ross Garnaut, chairman of Lihir Gold Ltd., talks with Bloomberg's Susan Li about the company's rejection of a A$9.2 billion ($8.4 billion) takeover bid from Newcrest Mining Ltd. Garnaut, speaking by telephone from Brisbane, also discusses Lihir's new chief executive officer Graeme Hunt, who was appointed today. (Source: Bloomberg)
Views: 53 Bloomberg
May 5 (Bloomberg) -- Michael Heffernan, client adviser with Austock Securities Ltd. in Melbourne, talks with Bloomberg's Susan Li about proposed changes to Australian federal mining industry taxes and its potential impact on resources companies. Heffernan also discusses Australian stocks and investment strategy. (Source: Bloomberg)
Views: 106 Bloomberg
May 3 (Bloomberg) -- Tim Schroeders, who helps manage about $1.1 billion at Pengana Capital Ltd. in Melbourne, talks with Bloomberg's Heidi Couch and Haslinda Amin about the impact of Australia's proposed changes to federal mining industry taxes on the industry. BHP Billiton Ltd. and Rio Tinto Group led declines in mining stocks in Sydney trading on concern Australias plans to impose the worlds heaviest tax regime on resource companies will cut billions of dollars from profits. The 40 percent tax on resource profits will start from 2012. (Source: Bloomberg)
Views: 345 Bloomberg
Feb. 28 (Bloomberg) -- Mark Cutifani, chief executive officer at AngloGold Ashanti Ltd., the world's third-largest producer of the precious metal, talks about the company's operations. He speaks with Adam Johnson on Bloomberg Television's "Bottom Line" at the BMO Capital Markets Global Metals & Mining Conference in Hollywood, Florida. (Source: Bloomberg)
Views: 147 Bloomberg
Mungana Goldmines Limited (ASX:MUX) announced that Newcrest Mining (ASX:NCM) (TSE:NM) has commenced exploration work as part of the exploration agreement at Mungana's Chillagoe Project in North Queensland. Under the agreement, Newcrest will spend up to $20 million on exploration over a period of up to eight years, focussing on exploring for large gold-copper porphyry deposits at Chillagoe. Newcrest's exploration program will proceed in parallel with Mungana's strategy to develop its high grade zinc and base metal assets at Chillagoe, including the King Vol deposit. Black Rock Mining Ltd (ASX:BKT) announced an update of exploration activities at its Mahenge Graphite project, Tanzania. The Company mobilised two drilling rigs and its largest field team since commencing exploration at Mahenge 11 months ago. Results include 186m @ 5.95% Total Graphite Content including two higher grade zones of 24m @ 7.89% and 86m @ 8.34%. Vital Metals Ltd (ASX:VML) announced that its flagship 70%-owned Watershed Tungsten Project in North Queensland has received a further boost as a result of positive revisions to the Definitive Feasibility Study (DFS) on the back of falling capital and operating costs and favourable currency movements. In addition, the key markets for tungsten, being China, India and the USA are also moving into important consumption phases.
Views: 39 ABN Newswire
Feb. 25 (Bloomberg) -- Woodside Petroleum Ltd. Chief Executive Officer Don Voelte talks with Bloomberg's Heidi Couch in Sydney about East Timor's efforts to persuade partners in the Sunrise gas project, including Woodside, to have a plant built on its soil. Voelte, speaking in Sydney, also discusses an eight-day strike by employees at the company's Pluto site in Karratha, about 1,600 kilometers (994 miles) north of Perth in Western Australia. (Source: Bloomberg)
Views: 40 Bloomberg
Trevali is a zinc-focused base metals mining company with operations in Peru and Canada. In Peru, the Company is actively operating its wholly-owned Santander underground zinc-lead-silver mine and 2,000-tonne-per-day metallurgical plant, and producing zinc and lead-silver concentrates. In Canada, Trevali owns the Caribou mine and mill, Halfmile mine and Stratmat polymetallic deposit all located in the Bathurst Mining Camp of northern New Brunswick. Initial trial production from the Halfmile underground mine was successfully undertaken in 2012 and the Company anticipates commencing operations at its 3,000-tonne-per-day Caribou Mill Complex in early 2015.
Views: 320 InvestingNews
Mining shares that are called QLD refer to a number of companies that are located in Queensland, Australia. Invest in gold or oil mining companies with help from a portfolio manager in this free video on investments and the stock market. Expert: Roger Groh Bio: Roger Groh is the founder of Groh Asset Management. Filmmaker: Bing Hu
Views: 500 ehowfinance
Nov. 4 (Bloomberg) -- Peter Rudd, group director at Balnave Capital talks about Canada's decision to block BHP Billiton Ltd.'s $40 billion hostile takeover bid for Potash Corp. of Saskatchewan Inc. BHP has 30 days to appeal, at which point the government will make a final decision, according to a statement read by Industry Minister Tony Clement today in Ottawa. Rudd speaks from Melbourne with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)
Views: 158 Bloomberg
Kitco News speaks with James Wilson of RBS Morgans about mining news specifically in Australia. Mining companies in Australia are struggling to be profitable due to lower metals prices, higher costs and lack of funding. "Now States are considering potentially increasing royalties in some of the gold companies," Wilson says when asked about political issues in Australia. "That has put a bit of a scare amongst the local gold companies." With regards to exploration in the country, Wilson says that companies are now focusing on making every drill hole count. "We've seen a number of high profile CEOs depart a number of big mining companies in the past 12 months," Wilson adds. "Newcrest had over 4 or 5 production downgrades in the last few years and multibillion dollar write-downs, so the CEO departure is the icing on the cake." Tune in now to hear more about the mining industry and what mining companies are focusing on to push forward. Kitco News, October 16, 2013. Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: http://kitcomm.com -- Or join the conversation on social media: @KitcoNewsNOW on Twitter: http://twitter.com/kitconews --- Kitco News on Facebook: http://facebook.com/kitconews --- Kitco News on Google+: http://google.com/+kitco --- Kitco News on StockTwits: http://stocktwits.com/kitconews
Views: 633 Kitco NEWS
March 22 (Bloomberg) -- Bloomberg's Heidi Couch reports on Royal Dutch Shell Plc and PetroChina Co.'s agreement to acquire Arrow Energy Ltd. Shell and PetroChina agreed to acquire Arrow after raising their offer to A$3.5 billion ($3.2 billion). The purchase would allow the two companies to gain access to the reserves of the Australian coal-seam gas producer. Bloomberg's Haslinda Amin also speaks. (Source: Bloomberg)
Views: 194 Bloomberg
March 18 (Bloomberg) -- Bloomberg's Heidi Couch reports on former Fortescue Metals Group Ltd. Executive Director Graeme Rowley's move from mining to movie-making. Rowley co-founded Fortescue, Australias third-biggest iron ore producer, with Andrew Forrest, the nation's richest person. Rowley resigned from his role with the company on March 2. (Source: Bloomberg)
Views: 150 Bloomberg
May 13 (Bloomberg) -- Rob Henderson, chief economist at National Australia Bank Ltd., talks with Bloomberg's Mark Barton about growth in the jobs market and prospects for rate increases in Australia. Job growth accelerated in April, propelled by full-time employment, indicating diminished slack in an economy fueled by resource shipments to China. Henderson speaks from Sydney.
Views: 47 Bloomberg
Feb. 16 (Bloomberg) -- Bloomberg's Heidi Couch reports on Foster's Group Ltd.'s first-hald profit. Net income dropped to A$355.7 million ($316 million) in the six months ended December from A$411.3 million a year earlier, Australia's biggest beer and winemaker said in a statement today. Fosters was projected to post profit of A$381 million, according to the median estimate of four analysts surveyed by Bloomberg News. Bloomberg's Haslinda Amin also speaks. (Source: Bloomberg)
Views: 24 Bloomberg
May 24 (Bloomberg) -- Mark Pervan, a senior commodity strategist at Australia and New Zealand Banking Group Ltd., talks with Bloomberg's Susan Li from Melbourne about the outlook for crude oil, gold and silver prices. (Source: Bloomberg)
Views: 236 Bloomberg
BHP Billiton, Anglo American, Perseus Mining, Minerals and Metals Group, China Minmetals, Transurban Group, Macquarie Infrastructure Group BHP Billiton, known as 'bad boy' to the Chinese press, could be interested in some of the assets Anglo American is selling. Elsewhere, Perseus raises capital and Minmetals mulls an IPO.
Views: 101 Business Spectator
May 4 (Bloomberg) -- David de Garis, a senior economist at National Australia Bank Ltd., talks about the Reserve Bank of Australia's decision to increase the benchmark interest rate to 4.5 percent. He speaks with Bloomberg's Linzie Janis from Melbourne.
Views: 72 Bloomberg
06.06.2013 Фондовые индексы Азиатско-Тихоокеанского региона падали из-за оказавшихся хуже ожиданий данных о рынке труда США По итогам торгов основные фондовые индексы Азиатско-Тихоокеанского региона падали из-за оказавшихся хуже ожиданий данных о рынке труда и промышленном секторе США. Кроме того, инвесторы продолжают обсуждать вероятность того, что Федеральная резервная система может перейти к свертыванию программы количественного смягчения (QE). "ФРС прощупывает рынок этими обсуждениями выхода из программ стимулирования, - считает старший аналитик Mitsubishi UFJ Asset Management Co. Киёси Исиганэ. - Акции продают после слабых макроэкономических отчетов и покупают на хороших". Биржи Южной Кореи закрыты в четверг в связи с государственным праздником. Не стимулирует рост на рынках и публикация регионального обзора Федрезерва, который по цвету обложки называют Beige Book ("Бежевая книга"). В нем указывалось, что экономика в большинстве регионов США по-прежнему повышается темпами от сдержанных (modest) до умеренных (moderate). В Шанхае и Гонконге падение усиливали сохраняющиеся опасения об устойчивости роста китайской экономики, наиболее заметно дешевеют акции строительных и финансовых компаний. Nikkei 225 12,904.02 -110.85 -0.85% S&P/ASX 200 4,781.2 -54.01 -1.12% Shanghai Composite 2,242.9 -28.03 -1.23% На торгах в Гонконге акции производителя электроинструментов, Techtronic Industries, которая которая получает 73% своей выручки от продаж в Северной Америке, снизились на 3,7%. Бумаги ведущей коммунальной компании Японии Tokyo Electric Power Co. упали на 7,4%. Акции худшей из 20 крупнейших австралийских горнодобывающих компаний, Newcrest Mining Ltd., упали на 6,9% после того, Credit Suisse Group AG снизил рейтинг компании. На торгах в Токио бумаги производителя газовых приборов, Rinnai Corp., упали на 7,9%.
Views: 33 TeleTRADEWorld
CommSec's Steven Daghlian provides an analysis of Rio Tinto Visit CommSec http://www.commsec.com.au Follow Us On Twitter http://www.twitter.com/commsec Subscribe to CommSecTV http://youtube.com/subscription_center?add_user=commsectv
Views: 1123 CommSecTV
The next few years for gold will be positive, both as a currency or financial instrument, and as a commodity. Meanwhile, the sharp increase in the price of copper is worrying, with rumours of stockpiling, possibly in China.
Views: 109 Business Spectator