Libya
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Suncor announces record third quarter; operations continue in Syria despite troubles
Suncor Energy Inc. (NYSE:SU), Canada's largest energy company, announced third quarter record earnings of $1.287 billion or 82 cents per share.
Operating earnings almost tripled to a record $1.789 billion or $1.14 per common share.
On the news, which was announced on Thursday, the company's shares were up 1.8% to $31.88.
Production from oil sands was a bright spot for the company with an increase from 306,600 to 326,600 barrels a day; however cash costs increased $3.30 a barrel.
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Libya holding huge gold reserves, IMF data shows
China Business News | July 31, 2011Libya has declared gold reserves worth more than $6bn at current prices, thought to be held largely at home. The reserves are substantial, ranking in the global top 25, according to International Monetary Fund (IMF) data.
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Gold and silver's daily review
Julian D.W. Philips - Gold Forecaster | March 7, 2011Friday was a lackluster day until almost the end of the day. Through the weekend and on Asia’s Monday we saw gold take off.
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Libya crisis helps hold gold steady below 7-week high
MINING.com Editor | February 25, 2011
Buyers seek safe-haven in bullion as violence spreads in Libya. Spot gold to test 3 January high of $1,423.57 per ounce, says Reuters market analyst.
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Unrest In Libya boosts oil, gold and silver prices
Bob Kirtley - gold-prices.biz | February 22, 2011Libya is one of the worlds major oil exporters so the concern about the outcome of the current civil unrest is most certainly warranted.
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ANNOUNCEMENT
Orezone Completes the Sale of Sega to Cluff Gold for $26.5M
Orezone Gold Corporation (ORE:TSX) is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M.
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