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Cat to pay less for Chinese firm mired in accounting woes
ReutersCaterpillar Inc. has reached a deal with Mining Machinery Ltd., reducing the price it will pay to buy mining equipment firm ERA and its Siwei unit. As part of the deal announced on Thursday, Caterpillar's outstanding payment obligations to Mining...Tags: Manufacturing and Engineering, Mining, China, Caterpillar Inc., Machine Manufacturing
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INSTANT VIEW - Australia releases 2013/14 budget bill and economic forecasts
ReutersSYDNEY, May 14 (Reuters) - Australia's minority government released its 2013/14 budget bill on Tuesday, which showed a widely-flagged deficit in the new fiscal year. *************************************************************** KEY POINTS: 2013/14...Tags: Finance, Gross Domestic Product, Inflation and Deflation, Labor Markets, Mining
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Bitcoin concept is gaining currency
Not that long ago, the virtual currency Bitcoin was one of the Internet's great rebel causes, a digital form of money embraced by libertarians and anti-establishment types who saw it as a way to diminish the power of big governments and big corporations....
Tags: Bitcoin, Mining, Computer Networking and Internet
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Ticketmaster agrees to settle lawsuit
The Kansas City StarTicketmaster settles Ticketmaster has agreed to settle claims for up to $23 million in a lawsuit affecting more than a million people who after buying a ticket online were enrolled in a rewards program that cost $9 a month but never gave them any...Tags: Services and Shopping, Non Ferrous Metal, Ticketmaster, Alcoa Incorporated, Warren Buffett
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OMU budget OK'd; bills to rise
Messenger-Inquirer, Owensboro, Ky.The 2013-14 annual budget for Owensboro Municipal Utilities, including an increase in the environmental control cost adjustment (ECCA) that will add $6 a month to the average residential electric bill starting next month, was approved Thursday by the City...Tags: Budgets and Budgeting, Economy, Business and Finance, Finance, Mining
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Group urges fair rates
Messenger-Inquirer, Owensboro, Ky.Three industries in the greater Owensboro area have formed a new group to get customers at the grassroots level to speak out for what they call fair and reasonable utility rate increases from Big Rivers Electric Corp. and Kenergy Corp. Fair Rates...Tags: Non Ferrous Metal, Domtar Incorporated, Electricity Production and Distribution, Century Aluminum Company, Kimberly-Clark Corporation
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Maple Grove fights for funds to redevelop gravel pits
Star TribuneDrivers speeding past Maple Grove on Interstate 94 pass towering sand mounds and cavernous gravel pits that make up the largest undeveloped area in the city and one of the largest gravel-mining areas in the Twin Cities. One day, city leaders hope, the...Tags: Warren Limmer, Mining
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RPT-COLUMN-Enhanced recovery will anchor oil prices below $100: Kemp
ReutersBy John Kemp LONDON, May 16 (Reuters) - Enhanced oil recovery (EOR) techniques could boost U.S. domestic oil production by 4 million barrels per day for 50 years, while storing all the emissions from 93 large coal-fired power plants, at a price of just...Tags: Global Warming, Mining, Environmental Issues, Politics, Commodity Markets
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Freeport Indonesia mine should stay shut to probe tunnel collapse -union
Reuters* Suspension of copper mining enters third day * Tension between union, Freeport could spook investors * Indonesia president calls for investigation By Yayat Supriatna and Michael Taylor JAKARTA, May 17 (Reuters) - Freeport McMoRan Copper & Gold Inc's...Tags: Non Ferrous Metal, Indonesia, Jakarta (Indonesia), Mining, Casino and Gambling Industry
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In Bristol, Cuccinelli touts continued reliance on coal
Richmond Times-DispatchRepublican gubernatorial candidate Ken Cuccinelli sketched a wide-ranging energy policy for Virginia Thursday that was short on specifics but long on the idea that less regulation and continued reliance on coal are central to the economic success of the...Tags: Litigation and Regulation, Ken Cuccinelli, Mining, Environmental Issues, Coal
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Miners union threatens strike at South Africa's Amplats
ReutersJOHANNESBURG (Reuters) - Miners at South Africa's Anglo American Platinum reported for work late Thursday, and a labor leader said the workers will strike on Friday in an escalation of unrest that sent the company's shares lower and the rand to a four-...Tags: Johannesburg (South Africa), Culture, Mining, South Africa, Sociology
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COMMODITIES-Most markets fall, weak US data prompts demand worry
Reuters* Gold falls for sixth sessions, first time in four years * Oil gains as dollar drops after soft U.S. economic readings * U.S. drought shrinks, may be too late for some wheat crops By Carole Vaporean NEW YORK, May 16 (Reuters) - Most commodity markets...Tags: Gold and Precious Material, Weather, Upstream Oil and Gas Activities, Commodity Markets, BNP Paribas
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May 14, 2013
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