Merlin has just unearthed Australia’s fifth largest diamond
The 35.26 carat brown diamond was among a number of rough gems found at Merlin mine, including a 14.6 carat brown rock as well as a number of smaller white diamonds.
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Gold price rally gains momentum
Gold price jumps by most since September hitting one month high.
Coal-fired power plant in India makes baking soda out of carbon dioxide
System uses a new proprietary solvent that is reportedly slightly more efficient than those used conventionally, requiring less energy and smaller equipment.
Encanto Potash up on offtake deal with Indian co-op
Agreement paves the way for Encanto to move from a previously announced memorandum of understanding to a commercial marketing and distribution contract with MTTC, one of the world’s top potash buyers.
Indonesia: Rigorous coal-lending guidelines in banking sector’s best interest
A sustainable financial-sector roadmap for Indonesia must aggressively incorporate rigorous environmental and social standards into the credit-risk framework.
US Republicans pass bill to block last minute Obama regulations on coal
Congress has now the power to kill in one fell swoop dozens of regulations and executive orders recently issued by President Barack Obama.
China steps up efforts to cut coal capacity
Country’s top economic planner aims to cut 800 million tonnes of coal capacity a year until 2020, even as production and consumption of the fuel increases.
Take comfort in gold’s long term fundamentals
Rather than ending 2016 on a strong note, the biggest surprise to many was the failure of gold to surge higher in the wake of Donald Trump’s election as the next president of the United States.
Gold close to 4-week high on weaker dollar, surging demand
Analysts believe the upcoming Chinese New Year celebration will likely result in some physical restocking of metal in that country as well as India, the world’s top consumers.