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New study says solar competitive with coal by 2013 in some countries

Based on a study looking at five major solar markets – Germany, Italy, France, Spain and Britain – the Brussels-based European Photovoltaic Industry Association, the biggest of its kind, said competitiveness with conventional forms of energy such as coal could be reached by 2020, but in certain markets it could take just two or three years. The report notes the output of producers more than doubled in 2010, reaching a world-wide production volume of 23.5 gigawatts of photovoltaic modules. This is a more than 500-fold growth since 1990 and the pace of growth is not expected to slow. Predictions are for investments in PV technology to double from €35-40 billion in 2010 to over €70 billion in 2015. Governments have also been cutting back on subsidies for the industry to ensure a speedier reduction in costs.

Latest weapon for oil sands pipeline backers – Oprah Winfrey

EthicalOil.org, which stated goal is countering inaccurate and unfair criticisms of the oil sands, this week launched their first television ad as debate about the Keystone pipeline intended to carry Canadian crude to refineries on the US Gulf coast intensifies. The treatment of women in Saudi Arabia is the focus of the new ad running exclusively on the Oprah Winfrey Network in Canada and comes on the heels of demonstrations in front of the White House where celebrities had themselves arrested to persuade President Barack Obama, who has the final say, of oil sands' dangers and influential environmental voice Al Gore calling oil sands the "dirtiest fuel on the planet."

Mongolia primes $3 billion Tavan Tolgoi IPO for next year

Bloomberg reports Mongolia is likely to sell a stake in its Erdenes Tavan Tolgoi coal-mining company to the public next year, raising more than $3 billion. The Tavan Tolgoi deposit – mined since the 60s – in the South Gobi desert is the world's largest with a 6 billion tonne resource of high-quality coking coal used in steelmaking. Metallurgical coal has been trading at record levels of $330/tonne this year. Tavan Tolgoi is the second largest mining investment in Mongolia behind the Oyu Tolgoi gold-copper mine being built by Canada's Ivanhoe Mines.

Zimbabwe threatens to prosecute Implats unit

Zimbabwe said on Tuesday it could prosecute or cancel the mining licence of Zimplats, the local unit of Impala Platinum, for failing to agree to transfer majority ownership to local blacks, piling pressure on the firm to strike a deal. However, Indigenisation and Economic Empowerment Minister Saviour Kasukuwere, who is leading the drive to increase Zimbabweans' control of the economy, said Harare had reached an agreement with Rio Tinto's Murowa mine and a deal was "imminent" for Aquarius' Mimosa mine. The deals with Rio and Acquarius put the squeeze on Zimplats' parent, the world's number two platinum producer, which risks losing its concessions to others, especially the Chinese, who are favoured by President Robert Mugabe.

Gold falls back after hitting all-time high

Gold futures fell slightly to settle at $1,873 as spot gold jumped to a record high Tuesday after Switzerland pegged its currency to the euro, then the precious metal retreated 2 percent from that level as investors took profits. The spot price of gold—which tracks global trades in bullion—and U.S. gold futures set all-time highs above $1,920 an ounce after the Swiss National Bank set a minimum exchange-rate target on the soaring franc to stave off a recession. Analysts said they still expect gold to chart new peaks on worsening euro zone troubles.

Sea of red for uranium sector as price drops to Fukushima lows

With the spot price for uranium falling below $50 – levels last seen immediately after the nuclear accident at Fukushima – U3O8 producers and explorers dropped across the board on Tuesday. Not even Hathor Exploration, the subject of a hostile takeover by industry bellwether Cameco, managed to get into in positive territory and the sector as a whole has lost more than 40% its value since the 11 March earthquake off the coast of Japan. And the near term outlook for the sector is not rosy either with a new study by Resource Capital Research indicating market price expectations looking out 3 to 6 months points to further downside, with a spot price expectation of $45.95/lb.

Convergence Training Expands Health and Safety Training Course Library

PR-USA.net reports: Convergence Training, a division of Capstone Technology Corporation, has expanded its computer-based training library of health and safety courses for general industry, construction, mining, pulp and paper, and a range of other industries.
Randy Kohltfarber, Convergence Training's General Manager, explains that the initiative to create more new courses than ever before is part of a long-term growth strategy. "We've made room in our very full production schedule to develop a range of safety training courses for two main reasons; first, to meet the demands of customers who are constantly complaining about the low quality training of other course producers and second, to expand the reach of our product line into new markets."

Rockwell to implement highly effective bulk x-ray technology diamond recovery at Saxendrift

VANCOUVER, Sept. 6, 2011 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI) (JSE: RDI) (OTCBB: RDIAF) announces that its board of directors has approved the capital investment to install high throughput (or bulk) x-ray technology at Saxendrift. This represents another positive step in implementing and entrenching its diamond value management programmes which are focused on sustainably enhancing diamond recoveries.