Global polished diamond prices edged upward for the second consecutive month in January 2010, according to the IDEX Online Polished Diamond Price Index. As the global economy has improved, diamond prices have also begun to recover.
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Emergent Resources announced results from its recent diamond core testwork program at its Beyondie Iron Project in Western Australia. Davis Tube Recovery results confirm potential for a Direct Reduction magnetite concentrate grading up to 71.6% Fe, 1.8% SiO2.
A Canadian think tank has challenged the idea that a nuclear renaissance is in full swing stating that new reactor construction is likely to be held back by a variety of issues
Ian Bauert, among other things, a fluent Mandarin speaker has been named head of the miner’s China business and charged specifically with improving the group’s relationship with the superpower
The group is selling the stake as part of a bid to reduce its debt load following its acquisition of Fording Canadian Coal Trust
Once again, Gold Fields sets a tough standard for the gold quarterlies reporting season.
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SYDNEY: Rio Tinto, the world’s third-largest mining company, has named fluent Mandarin speaker Ian Bauert to head its China business, at a time of tense iron ore price talks and a case against four employees accused of illegally obtaining commercial
The 2010 iron ore pricing negotiation between Chinese steel producers and ore giants are going on in a ‘normal and natural’ manner, today’s Beijing Morning Post cited Deng Qilin, vice chairman of China Iron and Steel Association (CISA) and general
Junior-miner Gold One plans to change its primary listing on the JSE to a secondary listing, owing to the cost and administrative burden of maintaining two primary listings. The company, which has a dual primary listing on the ASX and the JSE, on Friday
Company: Salzgitter AG (SZGPF) DANNEMORA SIGNS ANOTHER IRON ORE TRIAL DELIVERY AGREEMENT Dannemora has signed another agreement for trial deliveries of iron ore products. The new agreement, concluded with German steel company Salzgitter AG, covers the
Charles Jencks coal mine art project seeks progress A bid is being made to suspend a public right of access to a former opencast coal mine in southern Scotland in order to turn it into a public artwork. The site at Crawick, near Sanquhar, covers about 22
The U.S. dollar extended gains from the previous session as investor anxiety about sovereign debt in Greece, Portugal and Spain sparked a sell-off in the euro and growth-linked currencies such as the Australian dollar. But the euro rebounded slightly on
NEW YORK/LONDON (Reuters) – Copper prices plunged to their lowest levels in more than three months on Thursday, as growing concerns over the euro zone’s fiscal health and tighter monetary policy in top consumer China drove investors away into the safety
The USDA will release its latest Export Sales report on Thursday. Traders are looking for a soybean number up to as high as 800 000 tonnes.
Australian mining giant Rio Tinto has warned that growing industrial unrest in Australia’s resource sector could spread to its iron ore mine. The Australian newspaper reported Friday Rio Tinto Iron Ore chief executive Sam Walsh warned staff in an
The Australian share market slumped 2.4 per cent to close at a three-month low after $31 billion was wiped from the value of stocks as investors worried they had been overly optimistic about the pace of global economic recovery. The benchmark S&P/ASX200
BHP Billiton and Rio Tinto produce results next week that will once again confirm that they are riding the China boom for all & #160;they can get.Even though the profits will be lower than the respective previous corresponding periods (BHP interim, Rio
LONDON — Gold declined for a second day in London as a stronger dollar may curb demand for the metal as an alternative investment. The United States (U.S.) Dollar Index, a six-currency gauge of the greenback’s strength, climbed to a six-month high on
India gold futures traded almost steady on Friday morning as support from a weaker rupee was offset by risk aversion concerns overseas after mounting debt fears in Europe, analysts said. Traders would be awaiting the U.S. non-farm payroll figures for