Capital Budget News
-
Barrick Gold Corp., the largest producer of the metal, reported first-quarter profit that beat analysts’ estimates after costs were better than expected. The company also said it may suspend a Latin American project.
-
Barrick Gold Corp., the world’s largest gold miner by sales, is suspending construction work on the Chilean side of its Pascua-Lama project as it addresses environmental and other regulatory concerns.
-
Amtrak, the U.S. intercity passenger railroad supported by taxpayers, asked Congress to more than double its capital budget so it can buy more trains and improve infrastructure.
-
Chesapeake Energy Corp. replaced former Chief Executive Office Aubrey McClendon with one of the co-founder’s longest-serving lieutenants as the second-largest U.S. natural gas explorer shifts its focus to pumping oil.
-
Joy Global Inc., the world’s second-largest maker of mining equipment, expects demand from coal producers in China to gain this year as the economy picks up and energy use increases.
-
Industrias Penoles SAB, the world’s largest producer of refined silver, will spend about the same on capital expenses this year as it did in 2011 as it seeks to boost production and reduce energy costs.
-
Following is the text of U.S. non-manufacturing conditions from the Institute for Supply Management.
-
Chesapeake Energy Corp. exonerated co-founder and outgoing Chief Executive Officer Aubrey McClendon for privately borrowing hundreds of millions of dollars from some of the company’s biggest financiers.
-
The following is the text of the Federal Reserve Board’s Fourth District-- Cleveland.
-
Continental Resources Inc. , the oil and natural gas company controlled by Oklahoma billionaire Harold Hamm , boosted planned spending 53 percent to $1.3 billion to accelerate drilling in five states this year.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page