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Archive for May 22nd, 2008

Sherritt Sees Coal as the Key to its Growth in Era of High Oil Prices

Canadian Press via Resource Investor, 12:20 PM 22-May-2008
By Romina Maurino
TORONTO (CP) — Sherritt International Corp.’s [TSX:S] CEO says the company expects significant growth from its coal assets following its acquisition of Royal Utilities Income Fund, as high oil prices make coal an attractive fuel option.
“There is no way this country will leave 70% of its […]

Commodity Prices - May 22, 2008

More record oil prices today with prices touching $135.00 a slight correction and profit taking took place by end of the day.
Oil WTI Cushing $ 131.70
Gold N.Y. Spot $ 0921.10
Silver N.Y. Spot $ 17.88
Lead LME Cash $ 0.9512
Copper LME Cash $ 3.8188
Zinc […]