Showing posts with label Palm. Show all posts
Showing posts with label Palm. Show all posts

Tuesday, July 3, 2007

Coeur sees Q4 close for Bolnisi-Palmarejo purchase

(Reuters) - Coeur launched an offer in May to buy the owners of the
Palmarejo silver project in a friendly deal that Coeur said
would create the world's leading primary silver producer.




Currently under construction in Chihuahua, Mexico, the
Palmarejo project is seen producing 12 million ounces of silver
and 110,000 ounces of gold annually.


Read more at Reuters.com Mergers News

Sunday, June 24, 2007

Palm Oil Drops in Asia After Exports Slow, Argentina Forecasts Large Crop

(Bloomberg) -- Palm oil futures on the Malaysia
Derivatives Exchange, which trades the benchmark contract, fell
for a second day on concern over falling exports and a forecast
rise in supply of soybeans, which can be used as a substitute.

Shipments from Malaysia, which with Indonesia produces
almost 90 percent of global output, fell 11 percent in the first
25 days of June from the previous month, Intertek Malaysia said.
Argentina, the third-biggest soybean producer, may have a record
harvest, the Buenos Aires Cereals Exchange said on June 22.


Read more at Bloomberg Commodities News

Friday, June 15, 2007

UPDATE 1-Colgate says fake toothpaste a low health risk

(Reuters) - NEW YORK, June 15 - Colgate-Palmolive Co. said on Friday that counterfeit toothpaste falsely labeled as "Colgate" posed a low health risk, and that it was picking up the suspected fakes from discount stores in four U.S. states, a day after it warned that they may contain a toxic chemical.



Colgate said on Thursday it found the phony toothpaste in small stores in New York, New Jersey, Pennsylvania and Maryland and was working closely with the U.S. Food and Drug Administration to identify those responsible for the fake products.


Read more at Reuters.com Government Filings News

Monday, June 4, 2007

Malaysia Palm Oil Futures Climb to Record on Supply Concern, Rising Demand

(Bloomberg) -- Palm oil futures in Malaysia rose to
an all-time high amid concern that supplies in Southeast Asian
producing countries may not be enough to meet surging export
demand as well as domestic market needs.

Palm oil for August delivery, the most actively traded
contract on the Malaysia Derivatives Exchange, rose 23 ringgit,
or 0.9 percent, to a record 2,624 ringgit ($772) a metric ton. It
traded at 2,623 ringgit at 11:08 a.m. local time.


Read more at Bloomberg Commodities News