Anglo’s sale of De Beers hindered by diamond market state
Anglo American has warned of more production cuts at De Beers due to reduced spending by Chinese consumers prolonging the market downturn.
Canadian Mining Journal reports that ALBERTA – Calgary’s Canadian Oil Sands Trust, 37% owner of the Syncrude project near Fort McMurray, has announced plans to expand synthetic crude oil production to 425,000 bbl/day by the end of this decade. No cost estimates have yet been made for the expansion……more at Canadian Mining Journal
