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Analyst Favorites of the Metals Titans New Gold Ranks As a Top Pick

Metals Channel . The Metals Channel Global Mining Titans Index is comprised of the top fifty global leaders from the metals and mining sector. The companies listed in the Metals Channel Global Mining ...

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Shells Arctic Drilling Plan May Hinge on Kulluks Fate

Royal Dutch Shell PLC's (RDSA, RDSB) plans to continue to explore Arctic waters for oil this year hinge on how quickly it can repair an oil rig damaged last week off the coast of Alaska, ...

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In Kulluk’s Wake Deeper Debate Roils on Arctic Drilling

ran aground off the southern coast of Alaska in a violent storm. The rig was towed to safe harbor, with no apparent release of fuel aboard, but the accident could have wide repercussions for Arctic ...

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Obama should freeze Arctic oil and gas drilling plans

The Obama administration’s expedited assessment of Shell’s troubled offshore drilling program in the Arctic needs a healthy dose of skepticism about moving ahead. Secretary of Interior ...

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Cardero announces maiden resource for Ghana iron-ore project

TORONTO (miningweekly.com) – Diversified miner Cardero Resource Corp on Friday announced a maiden resource for its Sheini Hills iron project in north-east Ghana, estimating the project to ...

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U3O8 Corp closes $3m financing

TORONTO (miningweekly.com) – Canada-based U3O8 Corp has closed a $3.16-million financing, which it would use to further develop its flagship Berlin uranium project, in Colombia, as well as for ...

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French utility GDF Suez says keen to export US shale gas

said on Friday. The French group has an agreement with Sempra Energy to develop a gas liquefaction plant in Hackberry, Louisiana. Mestrallet said that energy-intensive industries are lobbying to ...

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SHFE copper advances in post-holiday trading

Chinese copper futures rose last week after the US government passed legislation to avoid the US's so-called "fiscal cliff" and gained further on positive economic data out of China ...

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Cenovus Energy takes a flyer on portable drilling rig

TSX:CVE ) calls its new helicopter-portable oilsands drilling rig a "gamechanger" that uses half the water of traditional rigs, and works throughout the year in muskeg regions.While the ...

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Guyana Goldfields Announces Updated Feasibility Study with $800 Million NPV...

Guyana Goldfields Inc. (TSX: GUY) (the "Company") is pleased to report the key findings from its NI 43-101 Technical Report, Updated Feasibility Study ("FS") for the 100% owned ...

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Starfire Minerals Inc. - Basil Pantages Resignation Appointment of Director...

December 12 2012. The management and board of directors of Starfire thank Mr.Pantages for his considerable years of service and contributions to the Company. Starfire Minerals Inc. also ...

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Tullow shares fall as write-offs on exploration jump to $299m

Suriname and Ghana. The company will write off $299m (€224m) from exploration, up from $121m in 2011, according to a statement.The company's shares fell the most in a month in London ...

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Eight workers killed in Turkish mining disaster

On January 7, eight coal miners were killed as the result of a methane gas leak in Turkey's Black Sea province of Zonguldak. Rescue teams have managed to recover only five of the bodies from the ...

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Congo halts oil exploration in Virunga Park

The government of Congo Kinshasa (DRC) has suspended the highly controversial oil exploration programme in the unique Virunga National Park, a World Heritage ...

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China changes coal pricing syste...

A new coal pricing system in China will replace the National Development and Reforms Commission-set annual key coal contracts with mid- or long-term contracts negotiated between miners and power ...

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Chinas ten biggest steel produc...

China's steel industry is the biggest in the world, producing 45.7 percent of global output from January to April and importing a record 210 million tonnes of iron ore over the same period. But ...

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Iron Ore-Shanghai steel futures rise on cost push outlook

Shanghai steel futures crept up on Thursday to touch a fresh five-month high, with traders attributing the gains to a combination of a buoyant outlook as well as rising costs. The most active rebar ...

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Chinas clean energy output grow 24.7 in Jan-Nov

China saw its clean energy output increase 24.7% YoY to 887 terawatt hours (TWh) in the first eleven months of this year, according to statistic released by the State Electricity Regulatory ...

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Qinhuangdao Port coastal coal freights rise in week to Tuesday

Freight rates for shipping coal from northern China's Qinhuangdao Port to the southern ports of Zhangjiagang, Shanghai and Guangzhou continued to edge up slightly in the week to Tuesday, the ...

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Daqing Oil Field sees crude oil output hit 40 mln tons in 2012

Daqing Oil Field, a large oilfield in China and is operated by the country's largest oil and gas producer, PetroChina, saw its crude oil and natural gas output hit 43.3 million tons of oil ...

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