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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Euro zone set for deeper recession in Q2 – PMI – Reuters UK

Category : Stocks


Moneycontrol.com
Euro zone set for deeper recession in Q2 – PMI
Reuters UK
By Jonathan Cable. LONDON | Mon May 6, 2013 10:01am BST. LONDON (Reuters) – The euro zone's business downturn dragged on in April, suggesting the region may be falling deeper into recession this quarter, business surveys showed on Monday.
Italy service sector contraction slows in April: PMIEconomic Times
Euro-Zone PMI Revised Higher, but Signs of an Economic Downturn ContinueDailyFX

all 48 news articles

VIDEO: Meet the ebook evangelists

Category : World News

BBC News catches up with some of the people exhibiting in the digital zone of the London Book Fair, to hear their views on the state of internet publishing.

Read the rest here: VIDEO: Meet the ebook evangelists

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Q&A: Kaesong Industrial Complex

Category : World News

The BBC looks at the Kaesong Industrial Complex, the joint inter-Korean economic project north of the demilitarized zone.

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Fission Energy Corp.: Drilling at Waterbury Expands Mineralization at Western Area of J Zone

Category : Stocks

KELOWNA, BRITISH COLUMBIA–(Marketwired – April 5, 2013) - FISSION ENERGY CORP. (“Fission” or the “Company”) (TSX VENTURE:FIS)(OTCQX:FSSIF) and its Limited Partner, the Korea Waterbury Uranium Limited Partnership (“the Waterbury Consortium”), are pleased to announce that the Winter 2013 drill program on its Waterbury Lake property is now complete. A total of 68 drill holes and 11 restarts were completed comprising 21,012.9 meters. The program focused on the delineation and growth of the J Zone. Drilling was segregated into areas A, B and C within the J Zone (see attached map) and the primary objective was expansion of the zone both west and north of the known mineralized area. Area C drill results recorded significant mineralization in several holes, including widths of up to 22.5m (WAT13-346).

Read more: Fission Energy Corp.: Drilling at Waterbury Expands Mineralization at Western Area of J Zone

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North Korea blocks Kaesong access

Category : Business

North Korea blocks the entry of South Korean workers into a joint industrial zone, in a move seen as further escalating tensions.

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Fission Energy Corp.: PLS JV Hits 34m of 4.92% U3O8 in Upper Zone of PLS13-038 Including 12.5m at 12.38%

Category : World News

KELOWNA, BRITISH COLUMBIA–(Marketwire – March 24, 2013) - FISSION ENERGY CORP. Fission Energy Corp. (“Fission” or “the Company), and its 50% Joint Venture partner Alpha Minerals Inc., are pleased to report initial assay results from the ongoing winter drill program on its Patterson Lake South (PLS) Property. These assay results are from drill hole PLS13-038, the first hole drilled on the R390E zone.

Read more: Fission Energy Corp.: PLS JV Hits 34m of 4.92% U3O8 in Upper Zone of PLS13-038 Including 12.5m at 12.38%

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Potential 6.5km Long Mineralized Zone identified in Prospecting Licence 2551

Category : World News

                                                                                       4 March 2013
                                                     
                                         IMC Exploration Group Plc
                                         ("IMC" or the "Company")
                                                     
               Potential 6.5km Long Mineralized Zone identified in Prospecting Licence 2551

IMC is pleased to

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Fire River Gold Corp. (FVGCF: OTC Link) | Fire River Drills 5.35 Metres Grading 53.98 g/t Gold at Nixon Fork

Category : Stocks, World News

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Fire River Drills 5.35 Metres Grading 53.98 g/t Gold at Nixon Fork

PR Newswire

VANCOUVER, Feb. 28, 2013

VANCOUVER, Feb. 28, 2013 /PRNewswire/ – Fire River Gold Corp. (TSXV: FAU),
(OTCQX: FVGCF), (FSE: FWR) (the “Company” or “Fire River”) is pleased
to announce results from its November and December 2012 underground
diamond drilling program (Figure 1 and 2) at its wholly owned Nixon
Fork Gold Project in Alaska.

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U.S. Silver & Gold Inc. (USGIF: OTC Link) | U.S. Silver & Gold announces 2012 production totals, 2013 guidance and high-grade silver copper in Caladay Zone

Category : World News

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U.S. Silver & Gold announces 2012 production totals, 2013 guidance and high-grade silver copper in Caladay Zone

PR Newswire

TORONTO, Jan. 30, 2013

TORONTO, Jan. 30, 2013 /PRNewswire/ – U.S. Silver & Gold Inc. (“U.S. Silver &
Gold” or the “Company”) (TSX: USA) (OTCQX: USGIF) today announced
production for 2012, production guidance for 2013 and positive new
findings in the Caladay Zone (previously known as the Lead Zone) of the
Galena Complex.

Highlights

  • Strong fourth quarter consolidated silver production totalling 661,337
    ounces along with gold production of 3,832 ounces.

  • Consolidated annual silver production of 2.57 million ounces,
    representing an increase of 6 percent over 2011 and consolidated annual
    gold production of 20,432 ounces.

  • Discovery of a large, high grade area of silver-copper mineralization
    adjacent to the Caladay Zone. Drill results include 3.7 feet at 65.3
    ounces per ton silver (2,239 grams per tonne), 5.5 feet at 59.7 ounces
    per ton silver (2,047 grams per tonne) and 2.0 feet at 66.2 ounces per
    ton silver (2,270 grams per tonne).

  • Additional high grade silver-lead mineralization identified in the
    Caladay Zone since the Company’s last exploration update1 including 16.8 feet at 25.79 ounces per ton silver equivalent2 (884 grams per tonne silver equivalent) and 7.5 feet at 23.90 ounces
    per ton silver equivalent (819 grams per tonne silver equivalent).

  • Year-end cash balance of approximately $19 million.

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Hudson Resources Inc. (HUDRF: OTC Link) | Hudson Reports High Grade Rare Earth Assays from 2012 Drill Program on the Sarfartoq Project in Greenland

Category : Stocks, World News

HUDSON RESOURCES INC. (“Hudson” or “the Company” – TSX-V: “HUD”, OTCQX: “HUDRF”) is pleased to announce the 2012 drill results for the Sarfartoq light rare earth element (“REE”) project in Greenland. A total of 5,555 meters of diamond core drilling was completed in connection with rare earth exploration and development. Nineteen holes were drilled in the vicinity of the ST1 Zone resource. The other four were exploration holes drilled on the south side of the carbonatite at the ST24 target. Complete drill results are presented in Table 2 below and a map of the drill locations will be available on the Company’s website.

2012 Drill Program Highlights:
- Sixteen drill holes surrounding and infilling the ST1 Zone resource area contained high-grade intersections including:

  • 6 meters of 6.05% TREO (SAR12-03)
  • 6 meters of 4.91% TREO (SAR12-01)
  • 8 meters of 4.61% TREO (SAR12-15)
  • 6 meters of 4.34% TREO (SAR12-15)

- Wide zones of neodymium mineralization at ST1 continue to demonstrate the high proportion of neodymium that has been outlined in the resource.

- Drill results confirm continuation of high-grade mineralization at depth.

James Tuer, Hudson’s President, stated, “We are very pleased with the results from our 2012 drill program. We have continued to demonstrate that the mineralization extends to the northeast and have intersected some of our highest-grade material as we move in that direction. Drilling to the south confirmed that the mineralization continues at depth with a high ratio of neodymium to total rare earth oxides at 23%. We expect that these results will increase the overall grade and tonnage of the resource when they have been incorporated into the resource model”.

“Going forward, our efforts at the ST1 Zone will focus on defining the metallurgical flow sheet as we have already outlined a sufficiently large and potentially economic deposit. We expect to have our flow sheet completed by the end of the second quarter of this year. This is a relatively low-cost exercise but it is critical in demonstrating the viability of a REE deposit.”

“The bulk of the Company’s capital budget for 2013 will be focused on our White Mountain anorthosite project, where the Company has made substantial progress in a relatively short time. We expect to have significant updates on this project over the next several months.”

The ST1 Zone at Sarfartoq represents one of the industry’s highest ratios of neodymium and praseodymium to TREO, averaging 25%, based on the inferred resource. Based on the latest resource model, the ST1 Zone contains over 27 million kilograms of neodymium oxide and 8 million kilograms of praseodymium oxide, which are the key components in permanent magnets and the fastest growing sector of the rare earths industry.

Table 1: 2012 High-Grade Intercepts of Neodymium and Praseodymium Oxide.

Hole ID

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