U.S. rough diamond trade hurts in April
Large double-digit declines in the value of rough diamond trade by the U.S. in April. Rough diamond imports of $29.7 million fell 24.7 percent year on year.
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Chop-fest
What a whippy week it was. Volatility spiked and then subsided into the end of the week which meant it was a great day-trading environment but then that petered off as ranges tightened for markets and stocks into the end of the week.
Churchill Mining’s US$2 billion lawsuit against Indonesia gets lift from NY Times
British coal miner, Churchill Mining (LON:CHL), and its case against the Indonesia government got a leg up when its two-year legal battle was profiled in the New York Times.
Spain asks EU for US$125 billion to support its banks
In order to ring off contagion if Greece exits the euro, Spain will ask the EU for US$125 billion to support the country's banks.
Teck announces five-year labour deal with Trail employees
Teck Resources, Canada's largest diversified miner, reached a five-year agreement with unionized employees at its Trail Operations.
Silver would disappear in a nanosecond if people understood how little there is: Eric Sprott
Eric Sprott told Silver Doctors that he sees no reason for precious metals' to be priced so low with the current global economic weakness.
An 1865 economic study of coal explains why bankers and financial firms will pay more for IT and resource companies will pay less
William Jevons, a British economist, was looking at his country’s dwindling coal supplies in the mid-1800s and was asked if increased efficiency in […]
Rio Tinto: Internships and Research Projects for Mozambican Students
As reported on allAfrica, Rio Tinto Coal Mozambique will offer internships and research projects for mining engineering and mineral processing engineering students […]
Gold bumps up against $1,600, but weekend Spanic could see the running of the bullion bulls
Potentially gold-bullish developments this weekend include fresh economic data from China and shocks emanating from Europe as Spain attempts to shore up its banking system.