Rebuilding Japan
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Japan reconstruction good for copper, iron ore – Friedland
Copper and iron ore prices should remain high in the near future because of additional demand for reconstruction in Japan after a devastating earthquake and tsunami, Ivanhoe Mines Ltd Chief Executive Robert Friedland said.
The earthquake in northeastern Japan destroyed thousands of homes, levelled buildings and bridges and caused damage estimated at up to $308 billion, according to the Nikkei newspaper.
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Japan quake an unprecedented opportunity to rebuild
The BarkerLetter | March 14, 2011Marcus Noland of the Peterson Institute for International Economics said, “This is a Keynesian stimulus program that nobody can argue with: just rebuilding the city of Sendai. Rebuilding Sendai could actually be an opportunity to try to create a growth pole in northern Japan".
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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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