Namibia produced 929,006 carats of diamonds in 2009, less then half its production in 2008 when the country produced 2.2 million carats. The country’s central bank said diamond production will rise 18.8 percent in 2010.
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FOR IMMEDIATE RELEASE Contact Kristin Tyll (248) 824-8200 ktyll@stratacomm.net WASHINGTON, D.C., April 1, 2010 (News Release) In response to the signing of the final fuel economy standards and greenhouse gas emissions rules by the U.S. Department of
SHANGHAI, China – A jailed Australian former Rio Tinto executive has opted not to appeal his 10-year sentence for bribery and commercial spying, his lawyer said Thursday, in a case that rattled foreign businesses and prompted Australia to criticize
The number of miners killed when water flooded the shaft of the under-construction Wangjialing coal mine in north China’s Shanxi Province has risen to 12, as of 6am on April 8, according to an announcement by the local rescue headquarters. According to
* Peabody says Macarthur shareholders need more information * Takeovers Panel would have to block vote by Saturday * Macarthur slams Peabody, says no binding offer on table * Macarthur shares flat, 2.6 pct above offer price (Adds comments from fund
Twitter Facebook Share Print Email Bangalore: Steel Authority of India ended the day among top lasers with a loss of Rs. 18.45 (7.23 percent). The company opened the stock today at Rs. 256.90, and ended at Rs.236.75. Overall 3573503 shares were traded
Gold slipped on Thursday after rising to its highest in nearly three months the previous day as a strong dollar ignited selling in the physical sector, while platinum group metals struggled to hold gains after a rally. Volume was light, making precious
An inaugural survey of global supply/demand trends from GFMS predicts a period of price consolidation before further gains late in the year.
Rio Tinto plans to significantly increase its copper productions through organic growth and acquisitions. The company told Dow Jones that it would get a medium-term copper production boost from its stake in Ivanhoe Mines and its Mongolian project. It
INTERNATIONAL. Tanaka Precious Metals will be supplying companies in the Islamic world with two “Easy to use Pork Detection Kits” for the detection of pork in either raw or cooked food materials. The kits are produced to a high level of sensitivity.
NEW DELHI: Extending yesterday’s gains, gold shot up further by Rs 170 to Rs 16,950 per ten grams in the bullion market here today on brisk buying driven by strong overseas cues. Standard gold and ornaments surged by Rs 170 each to Rs 16,950 and Rs
MUMBAI: India gold demand remained slack for a second session in a row on Thursday as prices stayed in the vicinity of their three-month high struck in the previous session, dealers said. “Today demand is negligible because the rates have gone up and
BHP Billiton and Rio Tinto are facing an extra $300 million in royalties, come July. Western Australia Premier Colin Barnett said he’s sticking to his promise to end concessions for the miners. Those concessions date back to the 1960s, giving the two
(Beijing Time) China Daily A worker inspects a coal mine in Liupanshui, Guizhou province. Coal prices are generally driven by demand, which is expected to see a sharp upswing in the second quarter as electricity consumption climbs amid rising
SANTIAGO – The world’s biggest copper miners agreed on a lot on Wednesday: the outlook is bright for a commodity that has rebounded faster than others; China’s low per capita consumption shows strong demand ahead; and supply constraints will continue to
(Beijing Time) China Daily SHANGHAI – Three of the four employees of mining giant Rio Tinto who were jailed by a Shanghai court last month for taking bribes and stealing commercial secrets have decided to appeal their jail terms, their lawyers said
European equities fell on Thursday on concerns over debt problems in Greece, with banks taking a beating, while commodity shares tracked weaker raw material prices. The FTSEurofirst 300 index of top European shares was down 1.1 percent to 1,085.60
Public sector coal miner, Coal India Limited expects government clearance for its divestment plans in May, Partha Bhattacharya, the company’s Chairman and Managing Director, said in an exclusive interview with CNBC-TV18. The company, he said, expects to
BEIJING -(Dow Jones)- Australian national and former Rio Tinto PLC (RTP) employee Stern Hu has decided not to appeal his 10-year prison sentence handed down last week by a Chinese court, Shi Keqiang, Hu’s lawyer, said Thursday. Shi said that he met with
Of DOW JONES NEWSWIRES LONDON -(Dow Jones)- London-listed miner Vedanta Resources PLC (VED.LN) Thursday said it achieved record iron ore and aluminum production in the company’s fiscal fourth quarter, but gave no indication it was near to getting a
BEIJING -(Dow Jones)- Former Rio Tinto PLC (RTP) employee Ge Minqiang filed an appeal Thursday against the jail sentence handed down last week by a court in Shanghai, his lawyer, Zhai Jian, told Dow Jones Newswires. Ge is one four former Rio Tinto