Global investment in gold a boost for African mining

Wednesday, March 28th, 2012

The growing number of investors looking to gold as a means to preserve their capital during the current global economic crisis has contributed to the development of large-scale mining operations in Africa. As one of the leading continents in gold mining, and with the high demand for and trade in ...

Former Carter’s Inc. exec indicted on federal charges

Monday, March 19th, 2012

Joseph Pacifico, 62, left Carter’s in December 2009, after an internal investigation into accounting irregularities. The company, maker of OshKosh B’gosh and other children’s brands,  later restated financial results for several years. Federal authorities said Pacifico became aware of and hid a scheme from other Carter's executives, auditors and shareholders ...

German, French finance ministers say worst of euro crisis over (Reuters)

Wednesday, March 14th, 2012

"We can say that the worst is behind us, but we cannot relax our efforts," Schaeuble told a conference in Paris. "I think we can say with a 50 percent probability that the worst is behind us." With some in Germany voicing concern about the European Central Bank's recent injection ...

Unimar Inc., M&T Bank to be honored at business conference for veterans

Saturday, March 3rd, 2012

Unimar Inc., M&T Bank to be honored at business conference for veterans Unimar Inc., a veteran-owned company based in North Syracuse, and M&T Bank will be recognized for their achievements at Operation: Start Up & Grow, an annual business conference for the military community. The conference, hosted ...

Anglo American Platinum to implement a 3.5 billion rand ($444 million) deal

Friday, February 24th, 2012

South Africas Anglo American Platinum (Amplats), the worlds largest platinum producer, said on Monday it would implement a 3.5 billion rand ($444 million) deal that will give 2.33 percent of the group to communities where it operates. South African mining houses have to meet government requirements to ensure they are ...