09 Feb

Further Twists in the Fate of the Marange Diamonds

Posted by admin in News at February 09, 2010

The fate of a large stock of diamonds is shrouded in mystery, as a Zimbabwe minister defied a court order late last week and confiscated rough diamonds that later disappeared and still remain missing as of press time. Some may argue that any twist and turn is possible in the corrupt and mismanaged African country. However, the story of these diamonds has continued to surprise many as the subject of constant media and diamond-industry attention.

View full post on MINING.com News

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  2. Australian Mining says:

    Minspec has released the Brelko Keyliner Chute Lining System. The bulk materials handling system is a mounting track and locking system designed to prevent material build up on chute sides while protecting the chute from impact loads. Suited to fine

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  3. EuroInvestor.co.uk says:

    at 8.00a.m Finnish time, 06.00a.m Talvivaara to investigate the recovery of uranium as a separate product from its mpany Plc (“Talvivaara” or the “Company”) is planning to initiate the recovery and exploitation of uranium, obtained as a by-product of

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  4. Mining Weekly says:

    TOKYO

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  5. IAfrica.com says:

    European stocks rebounded on Monday in a choppy day of trading but fears lingered among investors over rising debt levels in Europe that helped trigger sharp falls for equities last week. London’s FTSE 100 index rose in the morning, then fell and later

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  6. France24 says:

    A giant coal dredger tears into the Loy Yang Open Cut coal mine near Melbourne. Australian miner Resourcehouse Tuesday admitted giving the wrong name for a Chinese company involved in a 60 billion US dollar coal deal, but insisted the agreement was

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  7. Morningstar.com says:

    LONDON -(Dow Jones)- Rights group Amnesty International said Tuesday India’s government should stop Vedanta Resources PLC’s (VED.LN) planned bauxite mine and alumina refinery expansion in the eastern state of Orissa. ‘The refinery expansion and mining

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  8. MarketWatch says:

    HONG KONG (MarketWatch) — Australia’s Resourcehouse said Tuesday it made an error when referring to the name of the Chinese company with which it has sealed a major coal supply contract, clarifying that it is actually working with China Power

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    Posted By CHRISTINA BLIZZARD, QUEEN’S PARK Times are tough for Sonia and Serge Gaud-ette. Sonia lost her job in December. In May, Serge will lose his when Swiss-based mining multinational Xstrata closes its Kidd Creek Metallurgical plant. Last December,

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  10. CommodityOnline says:

    March soybean futures ended in green on short covering and fresh buying at lower levels on Monday.

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  11. CommodityOnline says:

    In fact gold’s daily changes this week � on a rolling one month basis � have been more tightly correlated with stocks than with either the Euro or silver. I’d guess that connection will break one way or other. And it’s hard to imagine a genuine Eur

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  12. CommodityOnline says:

    The precious metals continue to be linked to the dollar though gold and the PGMs both recovered late on Friday helped by the recovery in US equities.

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  13. CommodityOnline says:

    Gold opened at 1055.00 1056.00 in New York. Nonfarm payroll missed expectation however the unemployment rate improved causing the metal to trade erratically as the session began.

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  14. CommodityOnline says:

    But as this debt increases so does the risk for investors. For this reason I like gold. Even though we have seen a sell off in gold in the long term the prospects for a higher gold price look very good indeed.

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  15. CommodityOnline says:

    Gold looks great if you turn the page upside down. Otherwise, one might just stay away for a while until the dust settles. The NYMEX close for gold was $1052.80 while only an hour or two later the Globex electronic trading showed gold at $1065. One might

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  16. CommodityOnline says:

    You can get a pretty good feel for how the battle between the inflationists and deflationists is playing out by watching a few key markets such as copper and soybeans but a better picture still remains the Continuous Commodity Index ( I still do not

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  17. Yahoo! Malaysia says:

    HONG KONG (AFP) – China Power International on Tuesday denied it had signed a 60 billion US dollar deal to buy coal from Australian miner Resourcehouse.

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  18. RBC Dain Rauscher says:

    (Adds information, quotes, updates/adds market levels) By Colin Ng and Philip Vahn Of DOW JONES NEWSWIRES SINGAPORE (Dow Jones)–Asian shares were mostly lower Tuesday, with investors in markets like Japan and Australia adopting a cautious approach amid

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  19. NEWS.com.au says:

    THE share market closed weaker after Macquarie Group disappointed investors and as concerns about Europe’s sovereign debt flowed through to local bank stocks. The benchmark S&P/ASX200 index was down 16.3 points, or 0.36 per cent, at 4505.1 points, while

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  20. West Australian says:

    Queensland billionaire Clive Palmer has had to back away from claims he had signed a $US60 billion ($A69.38 billion) export coal contract with a Chinese group, saying the price was only an estimate.Mr Palmer, the chairman of Resourcehouse, on Saturday

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