Shenzhen Zhongjin Lingnan Nonfemet Com.

Shenzhen Zhongjin Lingnan Nonfemet Company Limited (NONFEMET) is principally engaged in the mining and processing of lead, zinc and other non-ferrous metals. Its product portfolio includes fine lead ore, fine zinc ore, mixed lead/zinc ore, fine sulfur ore, electrolytic lead, fine zinc, silver, fine cadmium, germanium ingots, germanium dioxide, indium ingots, sulfuric acid, zinc sulfate, lead alloy, zinc alloy, zinc powder and steel stripes for batteries, section aluminum, aluminum windows/doors and curtain walls. Based in Shenzhen, Guangdong Province, China, the Company is also engaged in the building material, transportation and real estate businesses. During the year ended December 31, 2007, NONFEMET produced 181,500 metric tons of zinc and zinc products, 92,200 metric tons of electrolytic lead, 185.22 metric tons of sliver, 99,900 metric tons of fine zinc ore and 45,500 metric tons of fine lead ore. As of December 31, 2007, the Company had seven major subsidiaries. 
 
      

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Perilya Limited (ASX:PEM) To Acquire GlobeStar Mining Corporation (TSE:GMI) For Low Cost Copper, Gold And Silver Assets

🕔10/8/2010 9:33:14 AM 10094

Australian base metals mining and exploration company Perilya Limited (ASX:PEM) has entered into a binding pre-bid agreement with GlobeStar Mining Corporation (TSE:GMI) to acquire all of the issued and outstanding shares of GlobeStar by way of a friendly take-over bid.

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Asian Markets Overview of April 21

🕔4/21/2009 3:00:43 PM 17656

Asian markets opened broadly lower on Tuesday. Hong Kong's Hang Seng Index slumped with a massive 4.4 per cent fall in early trading, while Tokyo stocks were also under pressure, weighed by the tumble on Wall Street and stronger Yen.

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Australian Market Report of February 6: Higher on Leads from US and UK

🕔2/6/2009 1:00:09 PM 17452

Yesterday the Australian shares closed slightly lower with the benchmark S&P/ASX200 index down 0.3%, or 9.3 points, at 3428.6, while the broader All Ordinaries index declined 0.3%, or 9.7 points, at 3372.6. The market opened higher after the positive lead from the US and UK, but could also be rocked by the earnings of NAB and News Corp.

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Australian Market Report of January 22: Helped by Short Selling Ban

🕔1/22/2009 1:00:28 PM 16955

Yesterday the Australian stock market ended the day lower, led by financial stocks, on renewed worries about banking industry worldwide. The benchmark S&P/ASX200 index was down 1%, or 33.8 points, at 3442.8, while the broader All Ordinaries index was lower by 0.9%, or 30.2 points, at 3394.8. Regulator ASIC's move to extend a ban on covered short-selling of financial securities would give a positive lead to the banking industry.

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Australian Market Report of January 14: Renewed Bleak Outlook

🕔1/14/2009 1:00:25 PM 16790

Yesterday the Australian share market ended lower, led by energy and mining stocks and a fall on a dismal earnings season in the US. The benchmark S&P/ASX200 index was down 0.8%, or 28.7 points, at 3654.6, while the broader All Ordinaries index slid 0.8%, or 30.1 points, to 3593.9. After some rise at the start of the year, the market may see more volatility due to the renewed bleak global outlook.

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Australian Market Report of January 8: More Bleak Outlooks

🕔1/8/2009 1:00:16 PM 15339

Yesterday offshore markets helped lift the Australian share market to a two-month high. Investors started to return as they were increasingly confident that the market may have passed the worst situation. The benchmark S&P/ASX200 index was up 37.0 points, or 0.99 per cent, at 3,779.7, and the broader All Ordinaries index added 39.0 points, or 1.06 per cent, to 3,728.2. The weaker commodities prices and performance of US stocks may send the local market down.

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Australian Market Report of January 6: Bolstered by Oil Prices

🕔1/6/2009 2:00:55 PM 12698

Yesterday the Australian share market was closed in thin trading. The benchmark S&P/ASX200 index ended down 26.8 points, or 0.7%, at 3687. The All Ordinaries index gained 16.8 points, 0.5%, to 3638.9. Market is expected to follow the US trends, but the rising oil and commodities prices may give resources sector a push.

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