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China's May property investment growth dips to slowest since 2009

China’s real estate investment growth continued on its downward track in the first five months of 2015, to reach its slowest rate since May 2009, but government stimulus policies appeared to all but end the decline in floor area sold. Prices of new homes in 288 cities edged up 0.05 percent in May from April, the first rise in 14 months, property services provider Real Estate Information Corporation (CRIC) said

Californian oil spill clean-up costs exceed $60 million: newspaper

(Reuters) – Clean-up costs associated with a Californian oil pipeline rupture that dumped as much as 2,400 barrels of crude onto a pristine stretch of coastline and into the Pacific Ocean have exceeded $60 million, the Los Angeles Times reported on Wednesday. Plains All American Pipeline spokeswoman Meredith Mathews told the newspaper that expenses for restoring the affected area near Santa Barbara ran as high as $3 million a day.

Great Panther Silver Announces US$10 Million Credit Facility

[PR Newswire] – “Great Panther has a strong balance sheet with no debt and approximately $35 million (Canadian dollars) of net working capital. The Auramet facility provides the Company with greater financial flexibility and, in particular, more options with regard to the pricing and the timing of the pricing of our concentrate sales.” stated Robert Archer, President & CEO.