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CDE announce distribution agreement for Africa with Pilot Crushtec

CDE have announced the addition of Pilot Crushtec to their global distributor network with responsibility for South Africaand sub-SaharanAfrica. Pilot Crushtec will promote the full range of CDE washing equipment including the Evowash sand washing plant, Prograde screens, M2500 mobile washing plant, Rotomax logwashers and Aquacycle thickeners.

Gold ends at record Monday as US and Euro debt fears intensify

Comex gold and silver futures prices closed the day session higher Monday, with August gold powering to another new all-time record high of $1,624.30 an ounce. The precious metal was lifted by the breakdown in debt talks in the US over the weekend and news that ratings agency Moody's has downgraded Greece's debt again saying default is now almost a certainty. December Comex silver also traded up $40.44 after hitting a new 11-week high early on Monday. The gold:silver ratio – the number of ounces of silver needed to buy an ounce of gold: eased back below 40.