Posts by Mineweb:

India set to overtake US in diamond jewellery sales

The Rapaport Group, global manager of diamond data and international group of companies, has given a thumbs up to India, the world's largest importer of diamond roughs. With the country's polished diamond exports rising 6% year-on-year to $2.04 billion in April 2011, the agency has forecast that India will overtake the United States and become the biggest consumer market for diamond jewellery over the next three years.
Mineweb | June 8, 2011 | 2:08 pm

China tightening its rare earth element production controls

China is giving its biggest, state-owned rare earths miner and producer a monopoly for the northern part of the country in reforms aimed at bringing the strategically important resource that's crucial to advanced manufacturing under tighter control.
Mineweb | June 8, 2011 | 2:07 pm

Three reasons why gold is going to have a big summer – Embry

Traditionally, gold tends to take a bit of a breather during the Northern Hemisphere summer. But, there are some, like Sprott Asset Management chief investment strategist, John Embry, who believe this year might be a little different. Speaking to Mineweb.com's Gold Weekly podcast, Embry said, because of what is going on at a big picture level geopolitically, gold is likely to have a big summer.
Mineweb | June 8, 2011 | 2:05 pm

Nuclear’s renaissance still on track

The full cost of the Fukushima nuclear disaster is yet to be established but its impact on the nuclear sector as a whole may not be as bad as was first thought - even with the loss of Germany as an active participant.
Mineweb | June 8, 2011 | 6:29 am

Selwyn eyes thick, high grade zinc-lead in uncharted territory

Drilling results suggest to Selwyn Resources (TSX-V: SWN) that two key, high grade zones of zinc-lead mineralization may be connected at its namesake project in the Yukon, a joint-venture between it and Yunnan Chihong Zinc and Germanium. Two drillholes collared at the Don deposit hit thick intercepts rich in zinc-lead mineralization. Hole 180 cut 30 metres @ 9.27 percent zinc and 3.48 percent lead, while nearby hole 192 returned as much as 43 metres @ 8.94 percent Zn and 3.16 percent Pb. The drillholes respectively started 642 and 586 metres downhole.
Mineweb | June 8, 2011 | 6:25 am