Metal News

Nov. 23, 2009 - Cliffs Natural Resources Inc. today announced it has entered into a definitive agreement to acquire the 'Ring of Fire' chromite properties of Montreal-based Freewest Resources Canada Inc.

BHP Billiton director David Morgan has quit to take up a senior position with US investment firm JC Flowers.

According to a recently released report from the World Gold Council , total identifiable gold demand fell 34% in the thirdA quarter of 2009.

The local financial and business sectors are bracing for a wave of mergers and acquisitions.

BHP Billiton Ltd., the worlda s largest mining company, could boost earnings by 10 percent by buying back $15 billion of its own shares, Southern Cross Equities Ltd.

John Macken, President and CEO of Ivanhoe Mines Ltd. , and Govind Friedland, President and CEO of GoviEx Gold Inc., announced today that the first comprehensive field test of the breakthrough ZeusTM geophysical exploration technology has significantly increased the potential for additional resources to be discovered at Ivanhoe's Oyu Tolgoi Project ...

Gold futures in New York moved higher Friday for the sixth consecutive trading day as the US dollar showed weakness. The yellow metal has now posted three weekly gains. Silver and platinum prices edged slightly lower, with both retreating 0.1% ...

More than 50 Steel of West Virginia Inc. workers will be out of work by the end of November.

U.S. stock futures on Friday pointed to a weaker start, hurt in part by Dell's worse-than-forecast profit drop as traders moved toward safer securities like bonds.

Ivanhoe Energy Inc. said Thursday a move to acquire oil and gas exploration and production rights in highly prospective central Mongolia is the first step in a plan to aggressively grow its Mongolian operations.

US Mint bullion gold coin sales have been on a run of sorts, following record-setting gold prices -- the yellow metal reached its latest all-time high of $1,153.40 an ounce on Tuesday.

The wealthy Thomson family remains number one on the latest Canadian Business magazine list of the 100 richest Canadians.

The future seems uncertain for Asarco now that the company's bankruptcy judge has made his ruling.

NetSuite has received IDCa s SMB Excellence Award in the Software as a Service and Cloud Computing category for providing innovative solutions to the small and medium-sized business markets .

Blockbuster Inc. , a global leader in entertainment, today announced that consumers in the Seattle area can now rent the latest new video games such as "Call of Duty: Modern Warfare 2", "Assassin's Creed 2" and "New Super Mario Bros.

Posted Tuesday, November 17, 2009 ; 03:20 PM A court hearing is scheduled for Jan.

Congress is focused on creating jobs, reducing the federal deficit, taking care of American troops in Iraq and Afghanistan and creating an " American energy bill," according to U.S. Rep.

NetSuite Inc. , a leading vendor of cloud computing business management software suites, and Aria Systems, Inc., a leading provider of on- demand billing and subscription management solutions, today announced a partnership that offers Aria's usage-based billing functionality as an integrated part of NetSuite's core billing engine.

Nationwide, 14 percent of open homicide cases and 18 percent of open rape cases contain forensic evidence that has not been sent to a crime lab for analysis, according to a new study conducted by RTI International for the Office of Justice Programs' National Institute of Justice.

European steel makers called Monday on EU antitrust regulators to block a joint venture between the world's No.