Cecilia Jamasmie , Editor-in-Chief

Posts by Cecilia Jamasmie:

Patriot Coal goes bankrupt

Patriot Coal confirmed Monday what everyone already knew: the company is headed to bankruptcy, causing shares to implode in regular trading and continue to fall after hours.
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Gemfields faces 21% tax as Zambia reinstates export duty

Combined with an existing 6% mineral royalty tax, the 15% export duty on emeralds represents a significant tax burden for Gemfields.