Post by sweetredfl on Oct 11, 2007 20:34:03 GMT -5
news.yahoo.com/s/ap/20071009/ap_on_go_su_co/scotus_enron
www.sourcefire.com/solutions/compliance/basel?apogeesource=010301
Basel II, is also called "The New Accord" or the International Convergence of Capital Measurements and Capital Standards—A Revised Framework. It is the second Basel
Accord and represents recommendations from the Basel Committee on Banking Supervision (BCBS).
www.sec.gov/comments/s7-19-07/s71907-233.htm
File No. S7-19-07 From: guru master
_______
MINING
www.reportonbusiness.com/servlet/story/RTGAM.20071011.waber1011/BNStory/robNews/?page=rss&id=RTGAM.20071011.waber1011
Aber interested in buying rest of Diavik if it's for sale: CEO
Aber owns 40 per cent of Diavik, as well as all of the Harry Winston high-end jewellery store chain. Aber shareholders approved a name change to Harry Winston Diamond Corp.
Rio Tinto owns 60 per cent of Diavik and conducts the exploration work at the mine. It has been reviewing its operations in light of its $38.1-billion takeover of Alcan Inc.
Diavik is one of the few producing diamond mines in the Northwest Territories, along with the Ekati diamond mine, located about 300 kilometres northeast of Yellowknife and owned by BHP Billiton Ltd.
biz.yahoo.com/cnw/071011/e_alcan_gordon_gpow50.html?.v=1
Ilene Gordon named to Fortune Magazine's "Global Power 50" list - ALCAN PACKAGING CEO JOINS FORTUNE'S ANNUAL LIST OF TOP WOMEN EXECUTIVES
sarge_66: So Alcan had two powerful women.. #7 Cynthia Carroll and Ilene Gordon
www.thestreet.com/s/new-hope-for-newmont/markets/metals/10383801.html?puc=_tscrss
New Hope for Newmont
Tuesday's announcement that Newmont would acquire Canadian exploration and development firm Miramar Mining (MNG - Cramer's Take - Stockpickr) for $1.5 billion is but the latest sign that the sleeping giant stands a fighting chance of awakening.
Newmont, like other large gold producers, is unable to replenish its own reserves through its own drilling [which means it needs to buy properties instead]
biz.yahoo.com/iw/071011/0314249.html
Lundin Mining Reports More High Grade Drill Results From Lombador Exploration - is pleased to announce additional drilling results from the Lombador zinc zone at the Neves-Corvo mine.
biz.yahoo.com/cnw/071011/e_forestgate_irishoil.html?.v=1
Forest Gate Makes Major Irish Oil Discovery - Appraisal Well Shows Hook Head Reservoir High Quality Contains Good-Quality Crude; 30 degree API with Associated Gas; Porosities Up to 27% and Normally Pressured
www.news.com.au/adelaidenow/story/0,22606,22559455-913,00.html?from=public_rss
A BIDDING war will erupt for Rio Tinto's Kintyre uranium deposit in Western Australia, with local and Canadian players circling to land the world-
class asset. Advertiser has been told by two sources close to the talks that uranium giants Mega Uranium and Cameco have signalled strong interest in acquiring the Kintyre deposit. The Advertiser has also learned Rio is close to deciding on
whether to sell its diamond operations, comprising its Argyle mine in Western Australia and the Diavik project in Canada.
biz.yahoo.com/prnews/071009/latu092.html?.v=101
Newmont to Acquire Miramar Mining for C$6.25 Cash Per Share; Miramar Board to Unanimously Recommend Offer
biz.yahoo.com/cnw/071011/e_clauderes_prod_3rdq.html?.v=1
Claude Resources Inc.'s Production Increases in Third Quarter - "The increased production for the third
quarter of 2007 is largely a result of the contribution from the Santoy 7 project," stated Philip Ng, Vice President Mining Operations.
Santoy = Denison Mining I believe
Claude is a gold exploration and mining company. The Company also owns producing oil and natural gas assets. The Company's entire asset base is located in Canada. Since 1991, Claude has produced approximately 775,000 ounces of gold from its
sarge_66: Seabee mine in northeastern Saskatchewan. The Company also owns 100% of the 10,000 acre Madsen property in the prolific Red Lake gold camp of northwestern Ontario.
news.goldseek.com/GoldSeeker/1192075200.php
Gold Seeker Closing Report: Gold and Silver Gain Again While Miners Surge to New Record Highs!
Miramar Mining gets friendly takeover bid from Newmont
www.cbc.ca/canada/north/story/2007/10/09/newmontmiramar.html?ref=rss
www.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=Z-C:MAE-1418051&symbol=MAE&news_region=C
Miramar most likely going to Newmont
biz.yahoo.com/iw/071011/0314289.html
**Great Western Minerals Group Updates Strategic Plan - is pleased to provide an update of its "mine-to-market" strategy to
become a fully integrated explorer and developer of rare earth elements and other strategic metals in North America
www.globes.co.il/serveen/globes/docview.asp?did=1000261627&fid=942 Israel Chemicals rises on tight potash supply
Potash Corporation of Saskatchewan Inc.. is on the rise today
biz.yahoo.com/cnw/071010/golden_band_updates.html?.v=1
Golden Band Resources: Exploration and Development Updates -
Golden Band Resources is a well-financed, Saskatchewan-based, publicly listed company (GBN:TSXV) whose focus is the long-term, systematic exploration and development of its 100%-owned La Ronge Gold Belt properties.
www.wayside-gold.com/s/NewsReleases.asp?ReportID=115098&_Type=News&_Title=Change-in-Board-of-Directors June 20, 2005
the Board of Directors of International Wayside Gold Mines Ltd. (the "Company") wishes to announce the resignations of J. Scott Bending and David Stone from the Board of Directors of the Company.
biz.yahoo.com/cnw/071011/ab_oil_sands_royalty.html?.v=1
Alberta's Oil Sands Companies Recommend Royalty Framework that Supports Resource Development
A concerned group of in situ oil sands development corporations submitted a letter today to the Government of Alberta in a joint response to the Report of the Alberta Royalty Review Panel
The parties involved in the Alliance include Athabasca Oil Sands Corp., Laricina Energy Ltd., MEG Energy Corp., and OSUM Oil Sands Corp.
www.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=Z-U:DMXC-1418232&symbol=DMXC&news_region=U
Delta plans bigger look at Montana pipe
The company plans to collect between 30 and 50 tonnes of kimberlite from the top of the Homestead kimberlite and truck the material to a processing facility in Canada. The closest plant would be the Saskatchewan Research Council processing plant in Saskatoon, several hundred kilometres to the north.
Like junior explorers in Western Canada, Delta Mining understandably touts the Saskatchewan diamond district as support for its Montana play. Shore Gold Inc. thinks it could have a mine in the making east of Prince Albert, based on grades varying between 0.1 and 0.2 carat per tonne and assisted by diamond values topping $130 (U.S.) per carat
49 North 2007 Resource Flow-Through Limited Partnership Completes Final Closing of IPO
www.marketwire.com/mw/release.do?id=779898
www.bloomberg.com/apps/news?pid=20601082&sid=aE1XEZhNJ6Oo
**Alcan Senior Executives to Leave After Rio Tinto Deal
www.bloomberg.com/apps/news?pid=20601082&sid=ajaLR3N34GmI
Rio Wins Australian Investment Approval for Alcan Takeover - It has already won approval from shareholders, European and Canadian regulators.
CVRD Day at NYSE - Meeting with Global Capital Markets, Monday, October 15, 2007 @ 12:15 PM EDT
biz.yahoo.com/prnews/071010/nyw005.html?.v=101
biz.yahoo.com/prnews/071010/law038.html?.v=101
Geneva Resources, Inc. to Resume Core Drilling Program in Plateau State, Nigeria -
biz.yahoo.com/iw/071010/0313599.html
Strathmore Increases Land Position in Gas Hills Uranium District, Wyoming, to Over 29,000 Acres: Company Owns 100% of Six Near-Surface Open-Pit Deposits With Historical Uranium Resources
biz.yahoo.com/ccn/071010/200710100418042001.html?.v=1
Bayfield Ventures Corp.: Company Requests Resumption of Trading
biz.yahoo.com/iw/071010/0313634.html
Lundin Mining Conference Call to Discuss Neves-Corvo and Zinkgruvan Expansion Plans - Telephone Conference to be held on October 11 at 10:00 AM Eastern Standard Time (EST), 16:00 Central European Time (CET), 07:00 AM
www.marketwire.com/mw/release.do?id=779326
Diagem's Chapadao and 21 de Abril Discoveries Defined as Diamondiferous Kimberlite Clusters With Unique Indicator Mineral Suites
**Great Western Minerals Group Announces Changes to Board of Directors
biz.yahoo.com/iw/071009/0313344.html
knobias.10kwizard.com/contents.php?ipage=5209747&repo=tenk&back=1
**Lundin Mining CORP 6-K filed on 10/10/2007 - re: Lundin Mining Conference Call to discuss Neves-Corvo and Zinkgruvan expansion plans
Market experiencing a 'diamond rush'
Diamond mining junior Petra Diamonds said on Monday that the market was experiencing a 'diamond rush' because of "the shift of power in the diamond industry".
www.busrep.co.za/index.php?from=rss_Business%20Report&fArticleId=5021417
knobias.10kwizard.com/contents.php?ipage=5209810&repo=tenk&back=1
Miramar Mining Corporation 6-K filed on 10/10/2007 - re: NEWMONT TO ACQUIRE MIRAMAR MINING FOR C$6.25 CASH PER SHARE; MIRAMAR BOARD TO UNANIMOUSLY RECOMMEND OFFER
**The race for cold cash
www.canadianbusiness.com/article.jsp?content=20070703_112008_5172
www.nationaljewelernetwork.com/njn/search/article_display.jsp?vnu_content_id=1003652578&imw=Y
**Pink tender on view in New York Sixty-five of the rarest pink diamonds in the world are currently on view under tight security in a posh Manhattan hotel suite, as the 23rd annual Rio Tinto Diamonds Argyle Pink Diamond Tender makes its annual New York stopover.
knobias.10kwizard.com/contents.php?ipage=5210122&repo=tenk&back=1
U.S. Canadian Minerals, Inc 8-K filed on 10/10/2007
_______
IMF
www.fxstreet.com/news/forex-news/article.aspx?StoryId=48d8b8a9-0f73-4a7d-b829-d6c45725824c
IMF cuts 2008 global growth forecast to 4.8 pct from 5.2 - sources
www.nasdaq.com/aspxcontent/NewsStory.aspx?cpath=20071009%5cACQRTT200710090852RTTRADERUSEQUITY_0433.htm& The differences were out in the open
as Finance ministers of the European Union began their two-day meeting in Luxembourg to address the issue of an appreciating euro vis-a-vis the U.S. dollar.
German Finance Minister Peer Steinbruck made no bones in asserting publicly "I love a strong euro." The Dutch sided with him saying that the idea behind the monetary union was to develop a strong euro. However, France wanted a policy, which would lead to a lower euro.
It called on the central bank to follow appropriate policies based on the scenario of a rising euro, prodding the bank to cut rates according to analysts. Spain and much of southern Europe too wanted a currency that would reflect the economic fundamentals, meaning the high euro was beginning to hurt.
__
SEC
SEC ANNOUNCES NEW UNIT TO LEAD GLOBAL MOVE TO INTERACTIVE DATA / October 9th
www.sec.gov/news/digest/2007/dig100907.htm
www.nypost.com/seven/10112007/business/market_sos_to_the_sec.htm
MARKET SOS TO THE SEC - DID PAULSON DISH AFTER AUG. 16 LUNCH WITH BERNANKE?
**John Crudele: Did Paulson tip Wall Street after meeting Bernanke? MARKET SOS TO THE SEC
www.nypost.com/seven/10112007/business/market_sos_to_the_sec.htm
_
BANKING
**Banks face 10-day debt timebomb www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/09/09/cndebt109.xml
Britain's biggest banks could be forced to cough up as much as £70bn over the next 10 days, as the credit crisis that has seized the global financial system sparks a fresh wave of chaos.
Almost 20 per cent of the short-term money market loans issued by European banks are due to mature between September 11 and September 19. Senior bankers fear that they will have to refinance almost all of these debts with funds from their own coffers, putting a further strain on bank balance sheets.
Fears of this impending call on bank credit lines are the true reason that lending between banks has ground to a halt, according to senior money market sources.
www.boston.com/news/world/europe/articles/2007/10/10/wealthy_investing_more_in_environment/
Head of CEEMEA and Citi Global Wealth Management of Citigroup Samir Raslan
gestures during a panel discussion at the Reuters Wealth Management Summit in Geneva October 10, 2007.
RBS Group Seals ABN Buyout
biz.yahoo.com/ap/071010/abn_amro_takeover_battle.html?.v=5
A consortium of banks led by Royal Bank of Scotland PLC declared its $99.3 billion bid for ABN Amro Holding NV unconditional on Wednesday, sealing the largest takeover ever in the financial industry.
Bank of Canada injects C$436 mln to add liquidity
www.reuters.com/article/marketsNews/idUKTOR00214720071010?rpc=44
The Bank of Canada injected C$436 million into the markets on Wednesday to lower the overnight interest rate
Fed adds $16 bln in reserves via overnight repo
www.reuters.com/article/marketsNews/idUKNYG00078020071010?rpc=44
________
FRAUD
www.iht.com/articles/2007/10/10/business/fraud.php?WT.mc_id=rssbusiness
U.S. Supreme Court appears skeptical about securities fraud cases the court appeared strongly inclined to leave it to Congress to define the circumstances under which secondary players like investment banks, auditors and vendors can be sued in private securities fraud actions.
_
POLITICS
Economy To Be Focus Of GOP Debate
www.cbsnews.com/stories/2007/10/09/politics/main3347566.shtml
www.cleveland.com/business/plaindealer/index.ssf?/base/other/1192006058234330.xml&coll=2
Minutes show fearful Fed board - Credit, housing crises triggered rate cut at September meeting
Fed policy-makers unanimously agreed to slash interest rates by one-half percentage point to 4.75 percent, calling it "the most prudent course of action," according to minutes of the Sept. 18 meeting released Tuesday.
The minutes underscored just how concerned Fed Chairman Ben Bernanke and his central bank colleagues were that the credit crisis and the worst housing slump in 16 years could undermine the country's economic health.
news.goldseek.com/NedSchmidt/1192028640.php
Economic collusion? Bailout Ben Bernanke needed some help before September meeting on U.S. interest rates. He needed economic numbers to justify an interest rate cut intended to bailout the banks
www.cnbc.com/id/20910258/site/14081545/
The Candidates
_
World
www.bloomberg.com/apps/news?pid=20601080&sid=a0G7lxszCLg0
Hong Kong to Cut Corporate, Income Taxes, Tsang
www.theaustralian.news.com.au/story/0,,22563532-23850,00.html?from=public_rss
No news is good news as G7 plans next handshake meeting
_
MORTGAGES
www.nwfdailynews.com/articles/BUSH_MORTGAGES
Coalition to Help Avoid Foreclosures - The Bush administration announced a new mortgage industry coalition on Wednesday aimed at helping homeowners avoid being trapped in a rising tide of foreclosures.
today.reuters.com/news/articlenews.aspx?type=domesticNews&storyid=2007-10-10T143122Z_01_N10234335_RTRUKOC_0_US-USA-ECONOMY-PAULSON.xml
Paulson announces coalition to help homeowners
Treasury Secretary Henry Paulson on Wednesday announced that a coalition of mortgage service companies, counselors and trade organizations was banding together to offer help to hard-pressed homeowners.
Eleven of the largest mortgage servicers representing 60 percent of the mortgages in America, several of the leading mortgage counselors, investors and large trade organizations have come together and formed a partnership to help more Americans keep their homes
______
OF INTEREST
www.iht.com/articles/2007/10/10/business/fraud.php?WT.mc_id=rssbusiness
U.S. Supreme Court appears skeptical about securities fraud cases The court appeared strongly inclined to leave it to Congress to define the circumstances under which secondary players like investment banks, auditors and vendors can be sued in private securities fraud actions.
Vicente Fox admits that he and George W. Bush have 'agreed' on common currency, North American Union
www.webwire.com/ViewPressRel.asp?aId=49877
ragingbull.quote.com/mboard/boards.cgi?board=CLB01345&read=203
**FORTRESS FINANCIAL GROUP, INC. (formerly GREAT WEST GOLD, INC.) - For Great West Gold now Fortress Financial Group shareholders
** A Picture Worth A Thousand Words-Silver market analyst Ted Butler has assembled a graph showing the concentration of short positions in all major commodities, in terms of worldwide production of those commodities.
news.silverseek.com/TedButler/1191951410.php
www.msnbc.msn.com/id/21209617 vote gop debate
www3.capwiz.com/congressorg/bio/userletter/?letter_id=1407177241
www.sourcefire.com/solutions/compliance/basel?apogeesource=010301
Basel II, is also called "The New Accord" or the International Convergence of Capital Measurements and Capital Standards—A Revised Framework. It is the second Basel
Accord and represents recommendations from the Basel Committee on Banking Supervision (BCBS).
www.sec.gov/comments/s7-19-07/s71907-233.htm
File No. S7-19-07 From: guru master
_______
MINING
www.reportonbusiness.com/servlet/story/RTGAM.20071011.waber1011/BNStory/robNews/?page=rss&id=RTGAM.20071011.waber1011
Aber interested in buying rest of Diavik if it's for sale: CEO
Aber owns 40 per cent of Diavik, as well as all of the Harry Winston high-end jewellery store chain. Aber shareholders approved a name change to Harry Winston Diamond Corp.
Rio Tinto owns 60 per cent of Diavik and conducts the exploration work at the mine. It has been reviewing its operations in light of its $38.1-billion takeover of Alcan Inc.
Diavik is one of the few producing diamond mines in the Northwest Territories, along with the Ekati diamond mine, located about 300 kilometres northeast of Yellowknife and owned by BHP Billiton Ltd.
biz.yahoo.com/cnw/071011/e_alcan_gordon_gpow50.html?.v=1
Ilene Gordon named to Fortune Magazine's "Global Power 50" list - ALCAN PACKAGING CEO JOINS FORTUNE'S ANNUAL LIST OF TOP WOMEN EXECUTIVES
sarge_66: So Alcan had two powerful women.. #7 Cynthia Carroll and Ilene Gordon
www.thestreet.com/s/new-hope-for-newmont/markets/metals/10383801.html?puc=_tscrss
New Hope for Newmont
Tuesday's announcement that Newmont would acquire Canadian exploration and development firm Miramar Mining (MNG - Cramer's Take - Stockpickr) for $1.5 billion is but the latest sign that the sleeping giant stands a fighting chance of awakening.
Newmont, like other large gold producers, is unable to replenish its own reserves through its own drilling [which means it needs to buy properties instead]
biz.yahoo.com/iw/071011/0314249.html
Lundin Mining Reports More High Grade Drill Results From Lombador Exploration - is pleased to announce additional drilling results from the Lombador zinc zone at the Neves-Corvo mine.
biz.yahoo.com/cnw/071011/e_forestgate_irishoil.html?.v=1
Forest Gate Makes Major Irish Oil Discovery - Appraisal Well Shows Hook Head Reservoir High Quality Contains Good-Quality Crude; 30 degree API with Associated Gas; Porosities Up to 27% and Normally Pressured
www.news.com.au/adelaidenow/story/0,22606,22559455-913,00.html?from=public_rss
A BIDDING war will erupt for Rio Tinto's Kintyre uranium deposit in Western Australia, with local and Canadian players circling to land the world-
class asset. Advertiser has been told by two sources close to the talks that uranium giants Mega Uranium and Cameco have signalled strong interest in acquiring the Kintyre deposit. The Advertiser has also learned Rio is close to deciding on
whether to sell its diamond operations, comprising its Argyle mine in Western Australia and the Diavik project in Canada.
biz.yahoo.com/prnews/071009/latu092.html?.v=101
Newmont to Acquire Miramar Mining for C$6.25 Cash Per Share; Miramar Board to Unanimously Recommend Offer
biz.yahoo.com/cnw/071011/e_clauderes_prod_3rdq.html?.v=1
Claude Resources Inc.'s Production Increases in Third Quarter - "The increased production for the third
quarter of 2007 is largely a result of the contribution from the Santoy 7 project," stated Philip Ng, Vice President Mining Operations.
Santoy = Denison Mining I believe
Claude is a gold exploration and mining company. The Company also owns producing oil and natural gas assets. The Company's entire asset base is located in Canada. Since 1991, Claude has produced approximately 775,000 ounces of gold from its
sarge_66: Seabee mine in northeastern Saskatchewan. The Company also owns 100% of the 10,000 acre Madsen property in the prolific Red Lake gold camp of northwestern Ontario.
news.goldseek.com/GoldSeeker/1192075200.php
Gold Seeker Closing Report: Gold and Silver Gain Again While Miners Surge to New Record Highs!
Miramar Mining gets friendly takeover bid from Newmont
www.cbc.ca/canada/north/story/2007/10/09/newmontmiramar.html?ref=rss
www.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=Z-C:MAE-1418051&symbol=MAE&news_region=C
Miramar most likely going to Newmont
biz.yahoo.com/iw/071011/0314289.html
**Great Western Minerals Group Updates Strategic Plan - is pleased to provide an update of its "mine-to-market" strategy to
become a fully integrated explorer and developer of rare earth elements and other strategic metals in North America
www.globes.co.il/serveen/globes/docview.asp?did=1000261627&fid=942 Israel Chemicals rises on tight potash supply
Potash Corporation of Saskatchewan Inc.. is on the rise today
biz.yahoo.com/cnw/071010/golden_band_updates.html?.v=1
Golden Band Resources: Exploration and Development Updates -
Golden Band Resources is a well-financed, Saskatchewan-based, publicly listed company (GBN:TSXV) whose focus is the long-term, systematic exploration and development of its 100%-owned La Ronge Gold Belt properties.
www.wayside-gold.com/s/NewsReleases.asp?ReportID=115098&_Type=News&_Title=Change-in-Board-of-Directors June 20, 2005
the Board of Directors of International Wayside Gold Mines Ltd. (the "Company") wishes to announce the resignations of J. Scott Bending and David Stone from the Board of Directors of the Company.
biz.yahoo.com/cnw/071011/ab_oil_sands_royalty.html?.v=1
Alberta's Oil Sands Companies Recommend Royalty Framework that Supports Resource Development
A concerned group of in situ oil sands development corporations submitted a letter today to the Government of Alberta in a joint response to the Report of the Alberta Royalty Review Panel
The parties involved in the Alliance include Athabasca Oil Sands Corp., Laricina Energy Ltd., MEG Energy Corp., and OSUM Oil Sands Corp.
www.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=Z-U:DMXC-1418232&symbol=DMXC&news_region=U
Delta plans bigger look at Montana pipe
The company plans to collect between 30 and 50 tonnes of kimberlite from the top of the Homestead kimberlite and truck the material to a processing facility in Canada. The closest plant would be the Saskatchewan Research Council processing plant in Saskatoon, several hundred kilometres to the north.
Like junior explorers in Western Canada, Delta Mining understandably touts the Saskatchewan diamond district as support for its Montana play. Shore Gold Inc. thinks it could have a mine in the making east of Prince Albert, based on grades varying between 0.1 and 0.2 carat per tonne and assisted by diamond values topping $130 (U.S.) per carat
49 North 2007 Resource Flow-Through Limited Partnership Completes Final Closing of IPO
www.marketwire.com/mw/release.do?id=779898
www.bloomberg.com/apps/news?pid=20601082&sid=aE1XEZhNJ6Oo
**Alcan Senior Executives to Leave After Rio Tinto Deal
www.bloomberg.com/apps/news?pid=20601082&sid=ajaLR3N34GmI
Rio Wins Australian Investment Approval for Alcan Takeover - It has already won approval from shareholders, European and Canadian regulators.
CVRD Day at NYSE - Meeting with Global Capital Markets, Monday, October 15, 2007 @ 12:15 PM EDT
biz.yahoo.com/prnews/071010/nyw005.html?.v=101
biz.yahoo.com/prnews/071010/law038.html?.v=101
Geneva Resources, Inc. to Resume Core Drilling Program in Plateau State, Nigeria -
biz.yahoo.com/iw/071010/0313599.html
Strathmore Increases Land Position in Gas Hills Uranium District, Wyoming, to Over 29,000 Acres: Company Owns 100% of Six Near-Surface Open-Pit Deposits With Historical Uranium Resources
biz.yahoo.com/ccn/071010/200710100418042001.html?.v=1
Bayfield Ventures Corp.: Company Requests Resumption of Trading
biz.yahoo.com/iw/071010/0313634.html
Lundin Mining Conference Call to Discuss Neves-Corvo and Zinkgruvan Expansion Plans - Telephone Conference to be held on October 11 at 10:00 AM Eastern Standard Time (EST), 16:00 Central European Time (CET), 07:00 AM
www.marketwire.com/mw/release.do?id=779326
Diagem's Chapadao and 21 de Abril Discoveries Defined as Diamondiferous Kimberlite Clusters With Unique Indicator Mineral Suites
**Great Western Minerals Group Announces Changes to Board of Directors
biz.yahoo.com/iw/071009/0313344.html
knobias.10kwizard.com/contents.php?ipage=5209747&repo=tenk&back=1
**Lundin Mining CORP 6-K filed on 10/10/2007 - re: Lundin Mining Conference Call to discuss Neves-Corvo and Zinkgruvan expansion plans
Market experiencing a 'diamond rush'
Diamond mining junior Petra Diamonds said on Monday that the market was experiencing a 'diamond rush' because of "the shift of power in the diamond industry".
www.busrep.co.za/index.php?from=rss_Business%20Report&fArticleId=5021417
knobias.10kwizard.com/contents.php?ipage=5209810&repo=tenk&back=1
Miramar Mining Corporation 6-K filed on 10/10/2007 - re: NEWMONT TO ACQUIRE MIRAMAR MINING FOR C$6.25 CASH PER SHARE; MIRAMAR BOARD TO UNANIMOUSLY RECOMMEND OFFER
**The race for cold cash
www.canadianbusiness.com/article.jsp?content=20070703_112008_5172
www.nationaljewelernetwork.com/njn/search/article_display.jsp?vnu_content_id=1003652578&imw=Y
**Pink tender on view in New York Sixty-five of the rarest pink diamonds in the world are currently on view under tight security in a posh Manhattan hotel suite, as the 23rd annual Rio Tinto Diamonds Argyle Pink Diamond Tender makes its annual New York stopover.
knobias.10kwizard.com/contents.php?ipage=5210122&repo=tenk&back=1
U.S. Canadian Minerals, Inc 8-K filed on 10/10/2007
_______
IMF
www.fxstreet.com/news/forex-news/article.aspx?StoryId=48d8b8a9-0f73-4a7d-b829-d6c45725824c
IMF cuts 2008 global growth forecast to 4.8 pct from 5.2 - sources
www.nasdaq.com/aspxcontent/NewsStory.aspx?cpath=20071009%5cACQRTT200710090852RTTRADERUSEQUITY_0433.htm& The differences were out in the open
as Finance ministers of the European Union began their two-day meeting in Luxembourg to address the issue of an appreciating euro vis-a-vis the U.S. dollar.
German Finance Minister Peer Steinbruck made no bones in asserting publicly "I love a strong euro." The Dutch sided with him saying that the idea behind the monetary union was to develop a strong euro. However, France wanted a policy, which would lead to a lower euro.
It called on the central bank to follow appropriate policies based on the scenario of a rising euro, prodding the bank to cut rates according to analysts. Spain and much of southern Europe too wanted a currency that would reflect the economic fundamentals, meaning the high euro was beginning to hurt.
__
SEC
SEC ANNOUNCES NEW UNIT TO LEAD GLOBAL MOVE TO INTERACTIVE DATA / October 9th
www.sec.gov/news/digest/2007/dig100907.htm
www.nypost.com/seven/10112007/business/market_sos_to_the_sec.htm
MARKET SOS TO THE SEC - DID PAULSON DISH AFTER AUG. 16 LUNCH WITH BERNANKE?
**John Crudele: Did Paulson tip Wall Street after meeting Bernanke? MARKET SOS TO THE SEC
www.nypost.com/seven/10112007/business/market_sos_to_the_sec.htm
_
BANKING
**Banks face 10-day debt timebomb www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/09/09/cndebt109.xml
Britain's biggest banks could be forced to cough up as much as £70bn over the next 10 days, as the credit crisis that has seized the global financial system sparks a fresh wave of chaos.
Almost 20 per cent of the short-term money market loans issued by European banks are due to mature between September 11 and September 19. Senior bankers fear that they will have to refinance almost all of these debts with funds from their own coffers, putting a further strain on bank balance sheets.
Fears of this impending call on bank credit lines are the true reason that lending between banks has ground to a halt, according to senior money market sources.
www.boston.com/news/world/europe/articles/2007/10/10/wealthy_investing_more_in_environment/
Head of CEEMEA and Citi Global Wealth Management of Citigroup Samir Raslan
gestures during a panel discussion at the Reuters Wealth Management Summit in Geneva October 10, 2007.
RBS Group Seals ABN Buyout
biz.yahoo.com/ap/071010/abn_amro_takeover_battle.html?.v=5
A consortium of banks led by Royal Bank of Scotland PLC declared its $99.3 billion bid for ABN Amro Holding NV unconditional on Wednesday, sealing the largest takeover ever in the financial industry.
Bank of Canada injects C$436 mln to add liquidity
www.reuters.com/article/marketsNews/idUKTOR00214720071010?rpc=44
The Bank of Canada injected C$436 million into the markets on Wednesday to lower the overnight interest rate
Fed adds $16 bln in reserves via overnight repo
www.reuters.com/article/marketsNews/idUKNYG00078020071010?rpc=44
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FRAUD
www.iht.com/articles/2007/10/10/business/fraud.php?WT.mc_id=rssbusiness
U.S. Supreme Court appears skeptical about securities fraud cases the court appeared strongly inclined to leave it to Congress to define the circumstances under which secondary players like investment banks, auditors and vendors can be sued in private securities fraud actions.
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POLITICS
Economy To Be Focus Of GOP Debate
www.cbsnews.com/stories/2007/10/09/politics/main3347566.shtml
www.cleveland.com/business/plaindealer/index.ssf?/base/other/1192006058234330.xml&coll=2
Minutes show fearful Fed board - Credit, housing crises triggered rate cut at September meeting
Fed policy-makers unanimously agreed to slash interest rates by one-half percentage point to 4.75 percent, calling it "the most prudent course of action," according to minutes of the Sept. 18 meeting released Tuesday.
The minutes underscored just how concerned Fed Chairman Ben Bernanke and his central bank colleagues were that the credit crisis and the worst housing slump in 16 years could undermine the country's economic health.
news.goldseek.com/NedSchmidt/1192028640.php
Economic collusion? Bailout Ben Bernanke needed some help before September meeting on U.S. interest rates. He needed economic numbers to justify an interest rate cut intended to bailout the banks
www.cnbc.com/id/20910258/site/14081545/
The Candidates
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World
www.bloomberg.com/apps/news?pid=20601080&sid=a0G7lxszCLg0
Hong Kong to Cut Corporate, Income Taxes, Tsang
www.theaustralian.news.com.au/story/0,,22563532-23850,00.html?from=public_rss
No news is good news as G7 plans next handshake meeting
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MORTGAGES
www.nwfdailynews.com/articles/BUSH_MORTGAGES
Coalition to Help Avoid Foreclosures - The Bush administration announced a new mortgage industry coalition on Wednesday aimed at helping homeowners avoid being trapped in a rising tide of foreclosures.
today.reuters.com/news/articlenews.aspx?type=domesticNews&storyid=2007-10-10T143122Z_01_N10234335_RTRUKOC_0_US-USA-ECONOMY-PAULSON.xml
Paulson announces coalition to help homeowners
Treasury Secretary Henry Paulson on Wednesday announced that a coalition of mortgage service companies, counselors and trade organizations was banding together to offer help to hard-pressed homeowners.
Eleven of the largest mortgage servicers representing 60 percent of the mortgages in America, several of the leading mortgage counselors, investors and large trade organizations have come together and formed a partnership to help more Americans keep their homes
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OF INTEREST
www.iht.com/articles/2007/10/10/business/fraud.php?WT.mc_id=rssbusiness
U.S. Supreme Court appears skeptical about securities fraud cases The court appeared strongly inclined to leave it to Congress to define the circumstances under which secondary players like investment banks, auditors and vendors can be sued in private securities fraud actions.
Vicente Fox admits that he and George W. Bush have 'agreed' on common currency, North American Union
www.webwire.com/ViewPressRel.asp?aId=49877
ragingbull.quote.com/mboard/boards.cgi?board=CLB01345&read=203
**FORTRESS FINANCIAL GROUP, INC. (formerly GREAT WEST GOLD, INC.) - For Great West Gold now Fortress Financial Group shareholders
** A Picture Worth A Thousand Words-Silver market analyst Ted Butler has assembled a graph showing the concentration of short positions in all major commodities, in terms of worldwide production of those commodities.
news.silverseek.com/TedButler/1191951410.php
www.msnbc.msn.com/id/21209617 vote gop debate
www3.capwiz.com/congressorg/bio/userletter/?letter_id=1407177241