SAN FRANCISCO, USA (Commodity Online):Visionary leaders in the diamond industry are reacting to recent events in Zimbabwe that illustrate failures of the Kimberley Process (KP), which the industry relies on to prevent diamond sales from funding conflict.
View full post on MINING.com News
No related posts.
Related posts brought to you by Yet Another Related Posts Plugin.
Century Aluminum (CENX) reported lower-than-expected results for the fourth quarter of 2009. The aluminum producer posted a fourth-quarter loss of $24.4 million, or 28 cents per share, compared with a loss of $693.5 million, or $14.14 per share, in the
Crew Gold bid sheds light on small bank VANCOUVER, B.C. — West African rock is looking prime. Severstal’s implied offer for Guinea gold miner Crew Gold (TSX: T.CRU, Stock Forum) likely will boost prospects for enterprising producers and explorers
After weeks of negotiations, United Steelworkers Local Union members approve a three year contract with Eramet. Posted: 6:26 PM Feb 26, 2010 Reporter: Leslie Barrett/Allison Rhea Email Address: leslie.barrett@wtap.com, allison.rhea@wtap.com Font Size:
Mitsubishi Extends Bradys System to Global Trading of Precious Metals Mitsubishi will use Brady trading and risk technology as a single integrated platform for both physical and deriatives trading. By Ivy Schmerken February 25, 2010 Mitsubishi
A Hong Kong jeweller paid a record price for an uncut diamond yesterday when it bought the egg-sized ‘Cullinan Heritage’ for $35.3m (23m). Chow Tai Fook Jewellery emerged as the successful bidder for the 507-carat diamond, the 19th biggest ever found,
Syrian gold merchants are suffering as low demand for the metal combines with high prices and a government ban on exports. A high import tax means much of the gold in the country is recycled and recas…
IT’S a bauble that even a banker with an intact bonus would struggle to buy – the 507.5 carat, flawless white-coloured Cullinan Heritage Diamond, which was sold to a Chinese buyer today for $US35.3 million ($39.4m). The sale price achieved by Petra
Ky. Gov. Steve Beshear announces state tax incentives Local News More>> story by: Courtney Gousman HENDERSON – Tri-State aluminum company, Alcan is preparing to make a $50 million investment with the help of millions more in state dollars. Kentucky
Objet Geometries offers ultra-thin layer (0.016mm), high-resolution 3D printing systems.
CHARLESTON, W.Va. — CSE Corp. of Monroeville, Pa., also said it had suspended production of the SR-100, the most popular self-contained self-rescuer unit in U.S. coal mines, while it investigates the problem. CSE said it is recalling the entire
GOLD futures firmed throughout the trading session overnight as investors were encouraged by a possible plan to help cash-strapped Greece, and the upward moves were exaggerated by trading that was thinned amid heavy snowstorms in the US north-east. April
Commercial Metals Company ( NYSE:CMC) announced today its decision to exit the joist and deck business by way of sale and/or closure of those facilities. Murray R. McClean, Chairman, President, and Chief Executive Officer, said, ‘We continue to review
Unless you don’t own a TV or Radio then you are probably aware that GOLD & SILVER is steadily rising and the DOLLAR is steadily declining. (We won’t even get into Stocks!) If you have been considering investing in Gold or SILVER (or other precious
EDMONTON — The cost of Shell’s Athabasca oilsands expansion project in Alberta has climbed by $600 million this year to $14.3 billion, but much of the increase in being blamed on a higher Canadian dollar. Chevron Corp
Lima, Feb 26 (EFE).- Some 630 workers at Doe Run Peru’s Cobriza copper mine have gone on strike to demand payment of a promised bonus, union officials said Friday. The head of the miners and metalworkers union, Luis Castillo, told Efe that the strike,
TORONTO – Thompson Creek Metals Co. Inc. (TSX:TCM), one of the largest publicly traded molybdenum producers in the world, says it is considering diversifying into different commodities. ‘We’re very active on the acquisition front, looking for
who dither will pay a price, says an investment banker’s assessment of the sudden rebound in Alberta oil sands development, which it estimates carries a current capital investment of about C$38 billion. Macquarie C
As the price of gold soars to all-time highs and physical demand climbs in the face of a weakening U.S. dollar, gold companies are embracing new approaches and shifting focus from pure gold deposits to polymetallic, or gold-containing, base-metal
T The state government noted that this was the only way states in the federation, and Ondo in particular could be independent of the Federal Government in terms of resources and income generation needed to fast-track development. The state’s new policy
Affinity Gold Corp. (OTC Bulletin Board: AFYG) (“Affinity” or the “Company”) releases message from newly appointed CEO, Paul Antoniazzi, detailing plans for moving the Company forward to become a producing junior mining company with a diversified