Some strong drills results in the Eagle Ford Shale play in South Texas are exciting some analysts who believe the site could be superior to the Bakken formation.
The ad start by touting Obama support for the clean coal industry specifically in Ohio where coal production has increased 7% since Obama took office and then quotes from a 2003 speech Mitt Romney made at the Salem Massachusetts coal plant.
Q2 highlights include gold production of 92,003 ounces, a new quarterly record, operating cash flow of $55.7 million and record mill throughput and mined tonnage.
China is delivering on its promise to consolidate its mining industry with the formation of a new rare earth mega miner, the new “mega-corporation” will “team up” with rare earth producers in the provinces Shandong, Gansu and Sichuan.
Shares of Gabriel Resources climbed 17.7% in heavy volumes on Thursday, bringing its gains since last Friday to 32% as ongoing turmoil in Romanian politics are being interpreted as positive for the Canadian company's plans to build a massive gold mine in Transylvania.
"This promotion is consistent with a renewed focus on operational fundamentals, delivering on key metrics at our sites, and reducing costs across our operations and projects."
Gold producer Randgold Resources posted today strong results for its second quarter production and profits, despite the ongoing political turmoil in Mali – where it extract two-thirds of its gold output.
Australian industrial equipment maker Bradken said it would take a careful approach to spending in the face of "limited visibility" caused by the global economic woes.
