region of Sindh province is endowed with mammoth coal (lignite) reserves estimated to be 175 billion tonnes which can produce 100,000MW of electricity for next 300 years and can be a key to energy security and economic prosperity. Addressing the...

Diamond producer De Beers expects global demand growth for rough diamonds to set a new record this year on the exceptionally strong performance of its key US market and robust demand in China and India, the head of the company’s distribution arm said. Despite global volatility and concerns that the global economy is sliding towards another financial crisis, demand for diamonds was unlikely to be badly impacted because of its safe-haven appeal, Diamond Trading Co (DTC) Chief Executive Varda Shine told Reuters in an interview on Monday.

A Chinese firm will invest over four billion dollars in Thar coal to generate 900 megawatts of power by the year 2014.

SYDNEY: Spot gold prices suddenly fell over $30 an ounce on Wednesday to as low as $1,826.18, though it then quickly steadied around $1,840. The move down from $1,864 seemed not to be driven by any particular news event and might have been due to a