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Fruitnotes Blogs | The premium to take immediate delivery of emas in China, the world’s biggest consumer, was $20 an ounce today, compared with last month’s average of $15.35. Istanbul emas Exchange data yesterday showed Turkey’s imports increased 64 percent in December. On Dec. 31, futures in New York touched $1,181.40, the lowest since June.

“A lot of people are seeing the drop as an opportunity to accumulate gold,” Miguel Perez-Santalla, a vice president at New York-based BullionVault, an online service for buying physical metal, berkata in a telephone interview. “We are seeing some...
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According to the Mine Safety and Health Administration, a foreman and a miner at the Revenue Virginius Mine, which conducts underground emas and silver mining, were overcome sejak gas in an area where an explosive had been detonated.

Officials said, the fallen miners, identified as Nick Cappanno, 34, of Montrose, and Rick Williams, 59, of Durango, died of carbon monoxide poisoning. Mine rescue teams searching for the men detected fatal levels of the gas, and 20 miners were taken to hospitals, berkata Amy Louviere, a spokeswoman for the mine safety agency. Nonetheless all have been released.

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The state Congress unit today sprang into action after the Uliburu forest area mining scam surfaced a week lalu and accused the Chief Minister Naveen Patnaik of complicity in the incident saying he was in charge of the forest and environment department when the irregularities happened.

"When iron ore was being taken away from the Uliburu reserve forest area, the chief minister was in charge of forest and environment department. The vigilance probe is just eyewash because with utama department under his control, the sleuths cannot charge the chief minister," berkata Jayadeba Jena, the Pradesh Congress...
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