LETLHAKANE – Firestone Diamonds intends to commence the development of commercial mining operations on its 8.5 hectare in relation to B/K11 kimberlite in Botswana, says the Firestone Diamonds chief geologist, Mr Polite Khutjwe. Mr Khutjwe said this
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Forget about the flight to the dollar at the peak of the financial crisis: the yen was the ultimate beneficiary. The endlessly quoted unwinding of the carry trade was a factor, but there may have been a more important force at play. As that force may now
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Thermal coal demand spikes as Chinese power disruptedThe Australian Journal of MiningOffshore oil and gas operations were also affected. Other parts of China have had to reduce power consumption to prioritise heating. …and more »… Terms:coal demand
mining and processing starts. By Walter Muchinguri The Zimbabwe Mining Development Corporation is set to establish two more diamond mining and processing ventures with some investors in the Chiyadzwa Diamond Field in Marange. This is in line with
BHP Billiton today gave an optimistic outlook for commodities, helped by strong sales of iron ore to China, and set the bar higher for this year. The London-listed company highlighted price recoveries across iron ore, copper, aluminium and nickel in the
Milton Catelin, Chief Executive of the World Coal Institute, today gave a presentation at the ‘World Future Energy Summit’, held in Abu Dhabi, 18-21 January. Mr Catelin joined speakers that included royalty, heads of state and ministers, senior
Please enter a valid e-mail address Please enter a comma delimited list of valid e-mail addresses Other ways of sharing: License this story Recommend | See also: James Regan BHP Billiton BHP-N , the world’s largest miner, gave its most upbeat outlook
There is a big difference between gold trading in China and Australia. Consumption of gold in the form of investments jewellery purchases gold coins sales is booming across Chinese urban and rural areas. But compared to this there is not much gold buying
Despite being closed in June 2008 due to financial and operating constraints Tahera said the Jericho mine had produced a total of 786 000 carats of gem quality diamonds including over 1 100 stones greater than 10 carats and one stone greater than 58
Treasury Metals Inc. (“Treasury” or the “Company”) (TSX: TML) announces further high-grade gold assay results from its recently completed 4,500 metre (31 drill holes) diamond drilling program at the Goliath Gold Project. These latest assay results
KUALA LUMPUR, Jan 20 — Malaysia’s biggest power producer, Tenaga Nasional, returned to profit in the first quarter as power demand rose in line with increased economic activity and coal prices stabilised. Foreign exchange uncertainties, in particular
Colt Resources Inc. Reports on Diamond Drilling Results on the Tabua
Gold feels pressure as dollar gains strength Veronica Brown LONDON — Platinum prices relinquished an earlier spike to 17 month highs on Wednesday at $1,654 (U.S.) per ounce, with positive sentiment from the recent launch of new exchange-traded funds
European shares weakened on Wednesday, with negative broker comment weighing on the auto sector and miners declining amid speculation of more moves by China to curb economic growth. Backing off Tuesday’s 15-month closing high, the pan-European Dow Jones
BEIJING, Jan 20 (Reuters) – It was a proper dressing-down for the boss from deepest China who had travelled to the capital to seek government help with overseas expansion. Vice-Premier Wang Qishan publicly interrogated the head of Sany Heavy Industry Ltd
SYDNEY, Jan 20 (Reuters) – Australian stocks edged up 0.1 percent on Wednesday, giving up a large part of their early gains, after China asked some major banks to stop lending to cool a surging economy, unnerving investors. Investors were using such news
JOHANNESBURG (miningweekly.com) – More than 50 mine workers were being prevented from returning to the surface at the Two Rivers platinum mine in Mpumalanga, National Union of Mineworkers (NUM) communications head Lesiba Seshoka told Mining Weekly Online
JOHANNESBURG (Reuters) – A sit-in by workers over a wage dispute halted production at a South African platinum mine, but supply of the metal was unlikely to be affected in the short term, an official said on Wednesday. A team of 58 workers at the main
Platinum prices relinquished an earlier spike to 17 month highs on Wednesday at $1,654 per ounce, with positive sentiment from the recent launch of new exchange-traded funds overrun by a resurgent dollar. Gold prices also gave way to unfavourable
Bruce Krasting submits:I was watching the election results from Mass. with some people who know history better than I. None of us could come up with a historical parallel to the development that took place last evening. This one is going to go down as one of those ‘watershed’ events that you hear about. The TV guys are all talking about what this could mean to the health care legislation. At this point, I could care less. I thought it was dead before and I think it is deader now. What I care about is what this means for some of the other significant issues that we face. »