The World Diamond Council (WDC) announced Monday that it will call for the suspension of Zimbabwe from the Kimberly Process (KP) Certification Scheme unless a monitor is appointed soon.
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Canasia Industries Corporation (TSX VENTURE:CAJ)(OTCBB:CANSF)(FRANKFURT:45C) (‘Canasia’) wishes to announce that the geologists overseeing the recently announced Mexico gold prospect are now on the property. This phase of the exploration program
The Writers Guild of America has announced plans to honor television writer and actor Larry David with its 2010 Paddy Chayefsky Laurel Award for Television. The New York native is the creator of the small-screen comedy hits ‘Seinfeld’ and ‘Curb Your
THE Australian share market closed slightly higher today, pulled back from earlier strong gains by reports that China was putting the brakes on new lending. The quieter finish contrasted with an earlier surge on the back of a better than expected
Like all nursery rhymes, the origins of ‘Old Mother Hubbard’ are more complicated that they seem at first. When I was young, the rhyme was repeated to reinforce the value of savings. The moral of the story was that if you don’t put away something in the
In its 2010 coal outlook report, Fitch Ratings says the US coal industry will experience modest recovery in domestic steam coal prices and scant increase in production volumes beginning in the second half of 2010 on partial recovery in domestic
Market-leading software helps global mining companies increase speed, accuracy and predictability of mine planning. Mincom has announced a major upgrade to its suite of software for mine design and modelling. Featuring new functionality identified
Jan 20 (Reuters) – European Chemicals: * Credit Suisse cuts Akzo Nobel to underperform from neutral * Credit Suisse raises DSM to outperform from neutral * Credit Suisse cuts Croda to neutral from outperform * Credit Suisse raises Clariant to neutral
— filed under: Commodities, Iron Ore It was another strong quarter of iron ore production, driven by continuing high demand from China, for Rio Tinto’s Pilbara operations which achieved record sales for both the quarter and full year. Image courtesy
— filed under: Commodities, Gold Focus Minerals announced that it is set to become a 100,000-ounce-a-year-plus gold producer within 12 months. Image courtesy of Focus Minerals The announcement follows the commissioning the Three Mill Hill mill at its
— filed under: Global Mining At 1.1 billion and growing rapidly, India’s population is expected to surpass that of China by 2045, and with it the demand for minerals. By Jeames McKibben, Manish Garg and Michelle Clarke of Xstract Mining Consultants
In its quarterly review, RCR reported that fiscal stimulus of the steel sector has succeeded and the recovery in iron ore demand, which began late in the second quarter of 2009, in ongoing and should continue to support a long-term recovery in prices
SYDNEY, Jan 20 (Reuters) – Australian stocks edged up 0.1 percent on Wednesday, giving up a large part of their early gains, after China asked some major banks to stop lending to cool a surging economy, unnerving investors. Investors were using such news
SYDNEY (Reuters) – BHP Billiton (), the world’s largest miner, on Wednesday gave an upbeat outlook for commodities, shipping half its record quarterly production of iron ore to China, and setting the stage for higher 2010 output. The company highlighted
Gold, on the other hand, inched downward on fears that the dollar would strengthen
The group said one of the main reasons was the lower-than-anticipated grades at its Turmalina mine in Brazil
MIRI: There have been no reports of sugar hoarding activities in Miri Division. And this has been acknowledged by the local office of the Domestic Trade, Cooperatives and Consumerism Ministry. According to the ministry, no sugar wholesaler has been
TOKYO – Platinum hit a 17-month high on Wednesday, buoyed by the recent launch of exchange-traded funds backed by the metal, while gold inched down due to pressure from a firmer dollar. Spot platinum rose as high as $1 654 an ounce, a level last seen in
31 PM A commitment of more than half a billion dollars to the expansion of the export coal industry in central Queensland has been commended by the Queensland Resources Council (QRC). Image courtesy of BHP Billiton QRC Chief Executive Michael Roche said
— filed under: Global Mining, Coal – Open Cut, Commodities, Energy Markets, Commodities, Coal – Longwall, Highwall Thermal coal spot prices surged as heavy snow threatened power supplies in northern China recently, and offshore oil and gas operations
By ReporterTHE Government is now ready to meet with mining companies in Zambia to iron out issues that the firms have raised concerning the fiscal and regulatory regime, Secretary to the Treasury, Likolo Ndalamei has said. The mining companies were