Siberian Gold Deposit Has World’s Largest Reserves

Polyus PJSC, Russia’s largest gold producer, said its untapped Sukhoi Log deposit in Siberia holds the world’s biggest reserves. An audit showed Sukhoi Log has 40 million ounces of proven reserves as measured by international JORC standards, with an average gold content of 2.3 grams per ton, Chief Executive Officer Pavel Grachev said. That means…

Angola Eyes Becoming Worlds Third Largest Diamond Producer

Angola is tapping into its potential and aspiring to become the  worlds third largest diamond producer and cutter in the world, the CEO of its national diamond company Endiama said on Monday. “We have been working with major diamond companies around the world to add more value to the sector,” Jose Manuel Ganga Junior told…

The Oncoming Burst of the China Credit Bubble

History has proven that credit bubbles always burst. China by far is the biggest credit bubble in the world today. We lay out the proof herein. There are many indicators signaling that the bursting of the China credit bubble is imminent, which we also enumerate. The bursting of the China credit bubble poses tremendous risk…

The biggest games of India begins today – Commonwealth Games

The wait is over. The complaints built up (courtesy our incompetent media). A few players stayed away.  When the players actually landed, they were astonished at the amount of misinformation and lies told to them by their own media back home.  Which was partly or fully supplied to them by our own homegrown media. Well,…