Japan’s polished diamond imports fell 19.7 percent in 2009 to $619.2 million, averaging $285.55 per carat, according to figures published by The J Club Japan, Inc. The declining imports seen throughout last year rebounded somewhat in December, when the country imported $43.9 million worth of polished diamonds, 0.9 percent less compared to December 2008.
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Please note that the observations and views expressed in this newsletter do not reflect the views of DGCX and are solely the view of the writer (CPM Group). Gold, silver, and petroleum prices all headed lower last week. An appreciating U.S. dollar helped
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New Delhi, 30 Jan: State-run Coal India today said the government may divest only 10 per cent stake in the PSU in the next fiscal, against the desired 15 per cent, as regulatory provisions bars it from reserving some shares for employees. Also, the
The Russian news agencies also quoted Vladimir Strzhalkovsky, the head of the world’s largest nickel and palladium miner, as saying that the company has redeemed a loan of $1.25 billion thank to the profit. He did not elaborate on the loan at the meeting
about 3 hours ago The Board of Education will offer its second Gold Mining session for the public at 6 p.m. Feb. 22 in the high school media center. The regular Board of Education meeting will begin at 7:30 p.m. Feb. 22. Three table top discussions will
Bangalore, Jan 31 (IANS) The Bharatiya Janata Party (BJP) Sunday hit out at the government for soaring food prices and asked it to immediately take off essential goods from the commodities exchange. At his his first visit to Karnataka after becoming the
Permits still given, but coal industry finds rules vague THE WASHINGTON POST CHARLESTON, W.Va. — Here in coal country, President Barack Obama’s Environmental Protection Agency has met its first big mess. On Inauguration Day, the EPA began a crackdown on
Trading Floor editor Andrew Arnold talks to Saxo Bank’s Ole S. Hansen, senior manager cfds and Listed Products about how restrictions on Chinese lending and a strengthening dollar have put commodity markets on hold.
It’s been two years of legal backs-and-forths. It’s high time El Pasoans are given their rightful access to requested documents relating to the old Asarco copper smelting plant. They’re being held by the Texas Commission on Environmental Quality. And El
Commodities are still celebrating New Year, as traders look to take advantage of the positive trends of 2009, says Ole Hansen senior manager in cfds and listed products for Saxo Bank. Energy markets have benefitted from the cold weather, but the pro
Energy and agricultural futures have started the year well, continuing the rising trend from December but helped by the cold snap in the Northern hemisphere. Saxo Bank’s Senior Manager for cfds and Listed Products Ole Hansen talks to Trading Floor E
egotiations between Xstrata and workers at its main Canadian mining operation in Sudbury look set to go down to the wire ahead of a Sunday strike deadline. Talks to renew the main contract at the nickel operation began in mid-December. Anglo-Swiss miner
Toby Shute submits: At the end of December, my 2010 outlook for potash fertilizer was not particularly bright. I said I was avoiding the group — meaning PotashCorp (NYSE: POT ) , Mosaic (NYSE: MOS ) , and Agrium (NYSE: AGU ) — at prevailing prices.
Trading Floor editor Andrew Arnold talks to Ole S Hansen, Saxo Bank about how commodities have recovered following last week’s sudden risk aversion caused by Dubai’s debt problems. Technically, the failure to stay below the old support at USD 75 sig
A truck is loaded with organic sugar cane at Sao Fransisco sugar mill in Sertaozinho. CAIRO (Reuters) – Agricultural conglomerate Cargill has requested a licence to build a sugar refinery in Egypt with investments worth 600 million Egyptian pounds,
Trading Floor editor Andrew Arnold speaks to Saxo Bank’s Ole S Hansen, senior manager in futures and fixed income, about the week in commodities so far. Big US budget deficits will continue to put pressure on the dollar and thereby aiding the commod
It has been claimed in a recent report that companies that offer jewellery are not giving consumers the full value of their jewellery. In fact, the report claims that quite often consumers are only receiving a fraction of the worth of the jewellery from
A truck travels along Hilight Road on Wednesday afternoon. The road swings by Cordero-Rojo coal mine, which is planning an expansion and will require the road to be moved. – News-Record photo by Matt McKnight Campbell County’s coal mines will continue
CHARLESTON, W.Va. – Here in coal country, President Obamas ambitious Environmental Protection Agency has met its first big mess. On Inauguration Day, the EPA began a crackdown on mountaintop coal mines. The agency has scrutinized about 175 proposed
MANILA, Philippines- A kilo of sugar today may cost P52.00 in a Metro Manila grocery store as a global sugar supply crisis peaks. But the same kilo of sugar could also cost P52.00 in Bacolod City— capital of sugar-producing Negros Occidental Province.