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BHP and Transet Ink $2.1 Billion Coal Deal

Coal – Transet SOC, South Africa's state-owned ports and rial operator, has signed a 10 year $2.1 billion coal haulage deal with BHP Billiton to transport the fuel to ports.

Canada Rare Earth to Provide Business Development Services for Laos Rare Earth Refinery

Rare Earth – Canada Rare Earth Corporation (TSXV:LL) announced Monday that it will provide corporate finance, strategic and business development services for a full spectrum rare earth refinery in Laos. The refinery was financed, designed and built by a Canada Rare Earth affiliate, and the company believes it to be "the first full scale, full spectrum refinery built outside of China in 20 years."

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Strata Minerals CEO Jason Bahnsen Talks Phosphate in Utah

Potash – Strata Minerals Inc. (TSXV:SMP) CEO Jason Bahnsen provided this video update on what investors can look forward to after the company recently announced its maiden Resource Estimate for the Diamond Mountain phosphate project in Utah.

Market News

Gold Continues to Fall on Strong Dollar

Gold – Spot gold hit a nine-month low on Tuesday at $1,204.40 per ounce before rising to $1,207.50 an ounce, down 0.7 percent or $8.45 from yesterday's close.

Indian Coal Imports to Rise by US$3 Billion

Coal – In the wake of massive coal license cancellations in India, CoalGuru reported that India's import bill for coal will increase by INR 18,000 crore, or about US$3 billion. Domestic coal supplies will also take a hit, as will the confidence of investors in the Indian economy.

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