China Banks Curb Loans to Commodities Firms in Hot-Money Battle
Chinese commodities firms importing everything from gold and rubber to base metals are struggling to get trade loans as banks scrutinize their activities and hold back credit following Beijing's orders to rein in currency speculation. - China Daily 05/23/13 Click Here For Details!
Gold Nanocrystal Vibration Captured on Billion-Frames-Per-Second Film
A billon-frames-per-second film has captured the vibrations of gold nanocrystals in stunning detail for the first time. The film, which was made using 3D imaging pioneered at the London Centre for Nanotechnology (LCN) at UCL, reveals important information about the composition of gold. - e Science News 05/23/13 Click Here For Details!
Num Wage Demands Shock South Africa
The Chamber of Mines described the National Union of Mineworkers' (NUM's) demands for this year's wage talks as "incredibly steep", and an analyst warned that the NUM was continuing down the road of "labour suicide", as fuller details of the demands emerged. - Business Day at iAfrica 05/22/13 Click Here For Details!
Silver Nanoparticles See the Light
Researchers in Singapore have stumbled across a simple but as yet unexplained way to make silver nanoparticles luminescent. The finding is potentially important because luminescence is often used to track the movement and location of nanoparticles – within cells, for example. - Chemistry World 05/22/13 Click Here For Details!
Fallout Spreads in Hong Kong Over Shut-Down Mercantile Exchange
A close political ally of Hong Kong's chief executive has vowed to cooperate with an investigation into the shuttered Hong Kong Mercantile Exchange after the city's financial watchdog said it had alerted the police to "serious irregularities". - Reuters 05/21/13 Click Here For Details!
Semi-Purified Gold Bars May Find a Passage to India
The recent Reserve Bank of India (RBI) directive that banks can import gold on consignment basis for genuine exports has opened a door for the entry of gold dore bars, which have less than 95% gold content. Bullion traders say the refining of these impure gold bars will be a new line of business in India, and jewellers may also look at setting up refineries to ensure a steady supply of the metal. - Economic Times 05/21/13
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Johnson Matthey Scrt Technology
Johnson Matthey's SCRT® Technology, a combination Selective Catalytic Reduction (SCR) and continuously regenerating diesel particulate filter (DPF), has already shown its worth in vehicles and is now proving its value in stationary engines. - Platinum today 05/21/13 Click Here For Details!