R.I. Update for Wednesday, 3 December 2008

TOP STORIES    Got Gold Report - Canadian Insiders Buying Despite Dismal CDNX By Gene Arensberg, 02 Dec 2008, 10:40 AM The smaller, more speculative resource companies have been destroyed pricewise, but there is one group of people buying them like crazy: the insiders of the companies themselves. Mining Racks Brains To Save Jobs By Charlotte Mathews, 02 Dec 2008, 10:22 AM The government, business and labour agreed after a marathon discussion yesterday to convene a task team to look for ways to avoid almost 10,000 pending job losses in the mining industry. Xstrata-Merafe Closes More Furnaces Due To Weak Prices By Charlotte Mathews, 02 Dec 2008, 10:32 AM The Xstrata-Merafe Chrome Venture, the world's biggest producer of ferrochrome, is temporarily closing more furnaces to bring its total suspension of production to 52% of capacity in response to weakening prices, it said yesterday. Corporate AIDS Battle "Must Be Extended" By Stephen Gunnion, 02 Dec 2008, 10:28 AM The mining and banking sectors have the most advanced HIV/AIDS strategies among South Africa's largest listed companies, but more needs to be done to promote health and safety training in the workplace, says a report on how big business is tackling the pandemic. CIC Energy Picks Shanghai Electric For Botswana Power Station By Siseko Njobeni, 02 Dec 2008, 10:25 AM CIC Energy has selected Shanghai Electric as the preferred engineering, procurement and construction contractor for the planned power station at the Mmamabula coal fields in Botswana.
PITPUNDIT BLOG  Oyu Tolgoi copper project pared  Implications of Canada's new political coalition on energy  Frontera Copper on the rise  Can "clean energy" survive?  Fresnillo pursuing MAG Silver  Surprise? Oligarchs running the TNK-BP show  Rio Tinto's multi-billion-dollar 'gut punch' coming?  Tips on mining vis-a-vis China  Uranium miner pursuing exploration company  Coal to liquids project held in abeyance  Waratah Coal takes the money  Why did BHP dither so long over Rio Tinto  Miners betwixt proverbial rock-and-a-hard-place  Can OZ Minerals put Humpty Dumpty back together?  Oil cut delay drops price nearly 10%  Recession jitters shake gold  Aussie rate at nearly 80-month low  Ford hits the 'green' accelerator  Miners dig hole in Europe  Yuan swoons  Goldman doesn't dodge this bullet  Chinese 'powerless' in East Timor  For energy security, call in the Marines
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