Latest Western New Guinea Stories
By Tom Gibbons The main driver behind the price increase for metals is increasing demand in emerging economies in the world. Even as the U.S. economy slows, demand for commodities remains strong worldwide.
McMoRan Exploration Co. (NYSE: MMR): HIGHLIGHTS -- Net income for second-quarter 2008 of $60.3 million, $0.75 per fully diluted share, compared with a net loss of $6.5 million, $0.23 per share, in the second quarter of 2007.
BullMarket.com (http://www.bullmarket.com), an online investment newsletter focused on long-term growth and income-generating stocks, announced today that it has provided subscribers with reports on copper stocks, including Freeport McMoRan(NYSE: FCX), Southern Copper(NYSE: PCU), Encore Wire(Nasdaq: WIRE), and Madeco S.A.(NYSE: MAD), among others.
By GABRIELA RICO Sumitomo Corp. of America swaps loan for right to buy stake in project The subsidiary of one of Japan's biggest industrial corporations has thrown its support behind the proposed Rosemont mine near Tucson. Sumitomo Corp.
By Bahr, Emilie The end of 2007 marked a turning point for McMoRan Exploration Co. The New Orleans-based energy company ended a two-year earnings skid with a solid fourth quarter and reported profits for the first quarter of 2008.
General Moly, Inc. (AMEX:GMO) announced that the Company and M3 Engineering & Technology Corporation (M3) have entered into a contractual agreement for the engineering, procurement and construction management (EPCM) of the Mt. Hope molybdenum project.
Researchers in a remote jungle in Indonesia have discovered a giant rat and a tiny possum that are apparently new to science, underscoring the stunning biodiversity of the Southeast Asian nation, scientists said Monday.
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) announced today a new organizational structure for its operations management team following a decision by Tim Snider, President and Chief Operating Officer, to retire effective April 1, 2008.
SYDNEY (Reuters) - Australia is prepared to recognize Indonesian rule over troubled Papua province in a security treaty being planned by the two nations, Foreign Minister Alexander Downer said on Sunday.
By Jason Szep MEDFORD, Massachusetts (Reuters) - Australia's leader should sign a document recognizing Jakarta's rule over West Papua province to resolve a dispute over Canberra's decision to grant 42 Papuans asylum, a senior Indonesia official said on Saturday.
Southern Tailed Birdwing (Ornithoptera meridionalis), is the smallest species of butterfly in its genus. It is found in southern Papua New Guinea and in several areas along the south coast of Irian Jaya. It is strictly a lowland species, favouring primary rainforest. A very few specimens have also been collected at altitude in Irian Jaya, however these specimens were reared from immature stages and emerged crippled, suggesting that high altitude forests are not favoured habitats. Males...
- Growing in low tufty patches.