R.I. Update for Wednesday 20 August 2008

TOP STORIES    Avalon Ventures Poised To Capitalize On Shift To Green Economy By Peter Caulfield, 19 Aug 2008, 12:39 PM Rare earth elements are in demand for fuel-efficient hybrid and electric vehicles. "I'm from the Government and I'm Here to Help” By Fitzroy McLean, 19 Aug 2008, 06:41 PM Ronald Reagan once said those are the nine scariest words in the English language. And he's starting to be proven right. Hebron Oil project Receives Formal Go-ahead from Newfoundland and Labrador By Canadian Press, 19 Aug 2008, 11:08 AM The long-delayed, $5-billion Hebron offshore-oil project will receive the formal go-ahead tomorrow. Victoria Gold Corp. Buyer Of Gateway Gold By Canadian Press, 19 Aug 2008, 03:08 PM The companies announced a share swap for the combination of junior Canadian miners with properties in Nevada. Commodities Still Positive By Charlotte Mathews, 19 Aug 2008, 08:10 AM BHP Billiton says China will remain major source of growth. Empire Gets Serbian Gold Exploration Licence By Canadian Press, 19 Aug 2008, 01:06 PM Empire Mining Corp. (EPC), has an exploration licence for the 62-square-kilometre Nevlje property located in southeast Serbia. DiamondCore Seeks Funding Solution By Charlotte Mathews, 19 Aug 2008, 08:17 AM Diamond explorer BRC DiamondCore was confident it could work through financing issues and grow its resources and production, chairman Simon Village said yesterday. Ivanhoe Mines' Attorney To Appeal Restructuring By David Friend, 19 Aug 2008, 03:21 PM The $32-billion ABCP restructuring plan hit new snag as an appeal to the Supreme Court of Canada is planned. Banks' Losses And Capital: New Version Of The Paradox Of Achilles And The Tortoise By Marco Onado, 19 Aug 2008, 09:22 AM Many banks are raising fresh capital but not as fast as they are reporting fresh write-downs. Unless regulators push banks to rebuild their equity bases more quickly, the crisis will be more painful and protracted than necessary. Merrill Lynch is a salutary example.
PITPUNDIT BLOG  Fresnillo profits up nearly 50% on silver  Coalbed methane reserve-holder Origin counsels bid rejection  Oil biggies' ability to boost output drops in concert with holding fewer trump cards  After China's $50-billion party wither goes its economy?  Grain selloff--end in sight?  BHP says aluminium is "middle class"  Diamond explorer Dianor Resources acquiring property rights  Potash Corp. "can't get no respect"  Chinese coal-to-liquids for Oz  India attracting significant foreign capital  Bank stocks a 'porridge just right' for bears?  China: Speculators' capital not welcome  Prospecting in "value" miners  Greenies dump oil sands  Chavez seizes cement plants  Port Pirie zinc operations under review  Newcrest Mining profit up 87%  Sweet, attractive commodity investment-sector  Diamonds continue to glitter  Xstrata idles Falcondo Nickel due to prices  ANZ Bank down on commodities
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