Gold Bullion International (GBI), a leading provider of precious metals, today announced that it has established vaulting capacity near Melbourne, Australia, the company's first vault in the Asia-Pacific region. The company currently has existing vaults in New York, Salt Lake City, Zurich and London.
Rio Tinto is taking the next steps in its phased investment programme by committing US$4.2 billion (100 per cent basis US$6.2 billion) to develop its tier one iron ore business. The investment covers US$3.7 billion (100 per cent basis US$5.2 billion) for expansion of the industry-leading Pilbara iron ore operations in Western Australia and US$501 million (100 per cent basis US$1.0 billion) for further infrastructure development at the Simandou iron ore project in Guinea.
Demand for fossil fuels continues to increase at a steady pace, forcing market participants in the oilfield and gas exploration industries to look beyond readily-available and easily-accessible sources in order to remain competitive. This activity fuels a multiple billions of dollars of growth in related industries, as businesses spring up to supply and support oil and gas exploration. With premium market research from the world's leading publishers, Global Information Inc. helps businesses stay ahead of the curve with the best forecasts, research, and analyses.
Production of metals has been at the core of all industry nearly since the dawn of civilization, and has only become more important with time. As the global economy emerges from recession into a new period of growth, having accurate market data and analysis on the production of metals will be essential to nearly any company that produces a physical good.
Pacific North West Capital Corp.is pleased to announce assay results for exploration drill holes in the River Valley 2012 phase I exploration program on its 100% owned River Valley PGM Property, located within 100 km northeast of Sudbury, Ontario. This phase of exploration focused on drill testing three targets internally within the River Valley Intrusion Complex (RVIC) for reef style platinum group metal (PGM) mineralization (Figure 1). Significant intercepts are listed in Table 1 and discussed below. Details of the drill hole locations and orientations are provided in Table 2.
As a result of strong oil prices and technology advances making domestic shale resources accessible, the US oil and gas industry had a banner year for growth across several categories. Combined exploration and development spending increased 38% in 2011, according to Ernst & Young's annual US E&P benchmark study. Oil reserves grew by 9%, or 1.7 billion barrels, in 2011, while oil production increased 3%. Gas reserves and production rose 4% and 9%, respectively in 2011. Oil and gas revenues experienced 23% growth in 2011.
Stephen M Smith who is the managing member at Smith McKenna, LLC has been following silver for decades. He argues that a silver investment is actually a better choice for investors over gold right now, for the very reason that some choose to ignore it. Silver has very large ties to industrial uses and is heavily influenced by supply and demand. Because of this and the constant advancements for its applications, investing in silver now before the global manufacturing machine kicks into overdrive, means higher potential gains by investors.
As the global construction market emerges from recession into a new period of growth, the BRIC (Brazil, Russia, India, & China) construction markets are seeing particularly strong growth in three specific sectors: Energy Infrastructure, Water & Sewer Infrastructure, and Leisure & Hospitality.
The laureates of the Global Energy International Prize 2012 - RAS academicians Valery Kostyuk and Boris Katorgin, as well as UK professor Rodney John Allam – will soon be receiving their awards from the Russian President...
Santa Barbara Resources Limited is pleased to announce additional trench and channel sampling results from its flagship Sancos Project in Peru.