Tantalum – Gippsland is working on developing its Abu Dabbab tantalum project in Egypt. While Abu Dabbab could potentially supply 25 percent of global tantalum supply, it is rarely mentioned in the tantalum space.
Oil – A brief overview of oil price developments, supply and demand and significant market movers.
Oil – Crude futures traded near the highest level in two days in New York in the midst of concern that a cease- fire between Israel and Hamas may not hold, putting at risk supply from the Middle East.
Oil – World shares rebounded and oil prices droppedon Tuesday on news of a possible Egyptian-brokered cease-fire in the Gaza conflict.
Tin – Mining Weekly reported Gippsland (ASX:GIP) has approved the expansion of the processing plant at the Abu Dabbab alluvial tin project in Egypt.
Gold – La Mancha Resources (TSX: LMA) announced Friday that it has entered into an agreement with Weather Investments II S.à.r.l. to purchase all outstanding common shares of La Mancha by way of a take-over bid at a price of $3.50 per share in cash.
Tin – Mining Weekly reported Gippsland (ASX:GIP) has started mining at its Abu Dabbab alluvial tin project in Egypt.
Diamond – CNBC reports that the Arab Spring increased diamond prices as the wealthy moved their cash from stocks and bonds to safe-haven investments.
Gold – Reuters Africa reported that a ban on gold exports from Egypt has now been lifted.
Oil – Spot market oil prices fell to a two-week low in New York on speculation that the worst earthquake in Japan’s history will hurt growth and reduce fuel demand in the world’s third largest economy.
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