The Gemological Institute of America (GIA) reported that a counterfeit GIA report found in Hong Kong has been tracked back to Antwerp, the institute revealed on Wednesday. GIA said it is diligently working behind the scenes to gather more information about the report and its origin.
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The Democratic Republic of Congo is close to finalizing talks with Freeport McMoRan (NYSE: FCX) over the Tenke Fungurume copper project. The Democratic Republic of Congo’s minister of mines told a World Bank official he expects to sign a contract with
Massey Energy plans to increase metallurgical coal production used in steelmaking by as much as 62 percent to meet demand from rapidly recovering Asian economies. Chief Executive Don Blankenship told analysts Wednesday that Massey already has deals to
LONDON (Reuters) – The top share index lost 0.6 percent, snapping a three-session winning streak with investors turning cautious ahead of Thursday’s Bank of England monetary policy decision and Friday’s U.S. jobs report. At Wednesday’s close, the FTSE
Company: Reliance Steel & Aluminum Co., Inc. (RS) SmarTrend identified a Downtrend for Reliance Steel & Aluminum (NYSE:RS) on January 25, 2010 at $43.88. In approximately 1 week, Reliance Steel & Aluminum has returned 3.4% as of today’s recent price of
of use. Privacy Statement. For FOXBusiness.com technical issues write to foxbusinessonline@foxbusiness.com; for all other feedback, write to feedback@foxbusiness.com. Quotes delayed at least 15 minutes. Market Data provided by Interactive Data (Terms &
WASHINGTON – Hoping to earn support for a languishing climate bill, President Barack Obama on Wednesday is meeting with governors from coal-producing states to talk about the transition to a ‘clean energy economy’ that includes renewables, biofuels and,
WASHINGTON – President Barack Obama is meeting with governors from coal-producing states, hoping to earn their support for a languishing U.S. energy bill and to bolster his image as a leader willing to work with Republicans as well as Democrats. Obama
11:49 am CHICAGO — Agriculture futures were mixed Wednesday on the Chicago Board of Trade. Wheat for March delivery climbed 8.25 cents to $4.79 a bushel; March corn slid 4.25 cents to $3.6075 a bushel; March oats w
* Concerns remain over Chinese monetary tightening * Copper at lowest since mid-November, lead falls 5 pct * Copper stocks fall again, caps losses (Recasts, updates closing prices) By Rebekah Curtis and Michael Taylor LONDON, Feb 3 (Reuters) – Copper
Wed, Jan 27 2010 Wed, Jan 27 2010 Wed, Jan 27 2010 (Refiling to fix spelling in headline) * EIA: crude inventories up, product supplies down * Pace of U.S. private sector jobs losses slows in January NEW YORK, Feb 3 (Reuters) – U.S. crude oil futures
European shares fell, snapping a three-day rally as investors worried about the economic health of the euro zone’s peripheral countries, with banks falling and miners tracking metal prices lower. The FTSEurofirst 300 index of leading European shares
Agriculture Online Chicago Markets Bureau Chief CHICAGO, Illinois (Agriculture.com)–Outside forces push the CBOT markets sharply lower Wednesday. At mid-session, the CBOT March corn futures are 8 cents lower at $3.57 per bushel. The March soybean
IRWIN, Pa. (Photo: http://www.newscom.com/cgi-bin/prnh/20100203/NE49081 ) Becker president Dr Franz Becker The merger is mutually beneficial to both companies, as it allows WMS to increase resources and capabilities while pulling from Becker’s
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THE Rio Tinto-backed Port Waratah Coal Services announced yesterday a $670 million expansion of Newcastle’s Kooragang coal terminal. The program to build the new Kooragang No. 7 coal berth will create hundreds of construction jobs and add 20 million
CALGARY, Feb. 3 /CNW/ – Alberta Oilsands Inc. (the ‘Company’ or ‘AOS’) (TSXV:AOS) announces that Dr. Claes Palmgren has joined the Company as Vice President of Engineering. Dr. Palmgren has over 20 years experience with applied
– At a ceremony held in Abidjan, the World Cocoa Foundation today announced the launch of the Cocoa Livelihoods Program (CLP) in Cote d’Ivoire. The program, first announced in February 2009, funded by the Bill & Melinda Gates Foundation and 14
-includes 1.89 oz/ton gold over 11.6 feet, 0.6 oz/ton over 46.9 feet plus new intercepts at a vertical depth 1328 metres in the F2 main core area- TSX:RMX / NYSE Amex:RBY VANCOUVER, Feb. 3 /PRNewswire-FirstCall/ – Rubicon Minerals Corporation (RMX.TSX:
– Rio Tinto Alcan announces that it has sold its 80 per cent share of the Ghana Bauxite Company Limited (GBC) to Bosai Minerals Group Co., Ltd. (Bosai). ‘After conducting a thorough evaluation of our options, it was determined that, while GBC is a
Despite a slump of 8 percent in steel production last year, the $500 billion industry is expected to witness slow but steady economic recovery from the restocking of depleted inventories and new demand spurred by the energy and automotive sectors. In a