Diversified miner Anglo American Plc. (LON:AAL) announced today the 14th Civil Court of Santiago has rejected state copper giant Codelco's latest petition to freeze 49% of the dividends paid by the Sur Division of the London-based miner.
Gold is currently in a protracted period of consolidation and expecting a break-out but it is unclear in which direction! Down to $1,525 or up to $2,000 + - or maybe first one then the other. Interesting times!
Anglo-Australian diversified miner Rio Tinto announced today it has completed the formation of its joint venture with a group led by China's Chalco, subsidiary of state-owned aluminum giant Chinalco, to operate the Simandou iron ore project in Guinea.
Patagonia Gold (LON:PGD) (TSX:PAT), an Argentina-focused gold and silver producer, said today it achieved rapid progress in 2011 and is on track towards its goal of producing 200,000 ounces of gold per year by 2015.
Canadian junior mineral exploration and development company Westridge Resources (TSX-V:WST) is living up to its ‘Midas’ touch’ reputation among market watchers, after the company announced today it has extended high grades in the El Padre Vein, at its Charay Project in Mexico.
Caterpillar Inc. (NYX:CAT), the world’s largest manufacturer of earthmoving equipment by revenues, injected some optimism on the U.S. economy today, after announcing profits for the first quarter well above of Wall Street expectations.
SABRTech Inc., a small Canadian company committed to producing and supplying biofuel for the aviation industry, it’s the winner of an international clean technology competition launched last September by the government of Nova Scotia.