Global polished diamond prices moved higher in January, according to the IDEX Online Polished Diamond Price Index. This is the second consecutive month of price increases. Average polished diamond prices rose 0.8 percent in January compared to December 2009.
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firm Value Creation Inc, CNBC-TV18 reported on Friday quoting sources. The promoters of the Canadian firm, which holds oil sands assets, are looking to raise funds to settle with lenders. An RIL spokesperson said he had no immediate comment. RIL, India’s
At 0925 GMT, the FTSEurofirst 300 index of top European shares was down 1.3 percent at 980.51 points after touching 977.02 — the lowest since late November of last year. The index slipped 2.8 percent in the previous session, its biggest one-day
Tata Steel Ltd, the world’s eighth-largest steel maker, said on Friday steel sales from its Indian operations rose 9 percent in January to 556,000 tonnes. Crude steel output for the month rose 14 percent from a year ago to 596,000 tonnes. The Indian
New York, Feb 3 (DPA) US stocks posted strong gains for a second straight day indications of a stronger US housing market and gains in commodity stocks. Pending sales of existing homes climbed one percent in January, according to the National Association
-The California Public Utilities Commission (CPUC) yesterday approved a power purchase agreement (PPA) between Pacific Gas and Electric Company (PG&E) and Mt. Poso Cogeneration Company, LLC for renewable energy from the Mt. Poso Cogeneration facility,
- For years, China’s Gansu Province lagged behind other Chinese economic powerhouses such as Anhui Province, the home of Beijing. But in the past ten years, Gansu has exploded when mineral resources such as gold were discovered to be abundant in the
TORONTO, Feb. 5 /PRNewswire-FirstCall/ – Thompson Creek Metals Company Inc. (‘Company’), one of the world’s largest publicly traded, pure molybdenum producers, today announced that it has increased its financial flexibility by voluntarily terminating an
By Dorothy Kosich, Mineweb.com With the cancelation of the auction of a 49% stake in one of the world’s largest undeveloped coal deposits, Mongolia’s new generation of politicians may be shifting away from the country’s policy of inviting foreign
LONDON – ANGLO-AMERICAN mining giant Rio Tinto on Friday appointed a managing director for its China operations, seven months after four of its staff were detained in the country for alleged industrial espionage. Rio Tinto said in a statement that Ian
Downtrend Spotted in Shares of Platinum Group Metals (PLG)
NEW YORK — Stocks buckled Thursday under the growing belief that the global economy is weaker than many investors expected and likely to stop companies from hiring. The Dow Jones industrials briefly traded below 10,000 for the first time in three
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Companies: Related QuotesSymbolPriceChangeSKGO.PK0.000.00′s’ : ‘skgo.pk’,'k’ : ‘c10,l10,p20,t10′,’o’ : ”,’j’ : ”} Press Release Source: SkyBridge Technology Group Inc. On Friday February 5, 2010, 6:30 am BEIJING, China This is a company with assets
President Obama acknowledged this week that Congress may have to abandon carbon trading measures to force an energy bill through to his desk. Cap and trade might have to be considered separately if the government is to make headway on energy reform, he
Top coking coal producer BHP Billiton Mitsubishi Alliance wants Japanese steel mills to accept shorter buying contracts in a move that could hasten adoption of a pricing index to replace tense annual negotiations. The Japan Metal Daily reported on Friday
Australian thermal and coking coal shipments face delays likely to extend into next week due to the closure of a key rail line following a train derailment, the line’s operator said. Ensham Resources Pty Ltd, a thermal coal producer with output of about
Standing before the wreckage of his bulldozed home, John Lokitis Jr. felt sick to his stomach, certain that a terrible mistake had been made. He’d fought for years to stay in the house. It was one of the few left standing in the moonscape of Centralia, a
The three unions representing workers involved in industrial action at Woodside’s Pluto project are committed to overcoming problems at the site, they say. Mining giant Rio Tinto iron ore chief executive Sam Walsh has warned staff that growing industrial
Global miner Rio Tinto Ltd 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 secrets. Mr Bauert, a 30-year Rio Tinto