www.mineweb.net | int_beat Massive metals deposits revealed along China’s Qinghai-Tibet Railway

www.mineweb.net | int_beat Massive metals deposits revealed along China’s Qinghai-Tibet Railway: "Chinese geologists have disclosed one of the closely-held secrets that motivated the nation to spend US$3.7 billion on the Tibet railway: the discovery of large mineral deposits that may reduce the nation’s dependence on mineral imports.

Critics had long questioned China’s claim that the development of Tibet was the sole reason behind the building of the 1,956-km Qinghai-Tibet Railway. Now, the official Chinese news agency Xinhua has reported that Meng Xiani, director of the China Geological Survey (CGS), has revealed that 16 large copper, lead, zinc, iron iron and crude oil deposits along the railway are expected to yield 18 million tons of copper, and 10 million tons of lead and zinc. "

Jan 29, 2007 Gold powering up for major uptrend Clive Maund 321gold . . . Inc

Jan 29, 2007 Gold powering up for major uptrend Clive Maund 321gold . . . Inc: "Gold is looking technically stronger than it has done for the past 16 months."

IMF gold trading rule changes set to boost the gold price | Financial Planning

IMF gold trading rule changes set to boost the gold price | Financial Planning: "The International Monetary Fund is in the process of revising the laws that govern the trading of gold by the world's central banks which will radically change the ability of central bankers to suppress the gold price, a major factor depressing the price of the yellow metal that has been an open secret for years."

www.mineweb.net | gold_silver China gold trade and consumption seen as increasing dramatically

"There is little doubt that China is a very significant player indeed in the future direction of the world gold price. As more and more of a consumer society develops we would anticipate demand growing more rapidly than supply with a corresponding positive impact on the metal price. "

www.mineweb.net | whats_new IMF to make central bank gold lending data more transparent

"RENO, NV (Mineweb.com) --A Blanchard & Company study calling for greater transparency in central bank gold lending accounting has apparently helped to convince the International Monetary Fund to adopt a landmark accounting change in the way central banks account for gold loans.

The December 2006 study by Blanchard Vice President and Director of Economic Research Neal R. Ryan suggested that if more transparent governance was implemented in central bank gold lending, “gold prices will experience exponential growth because they will become a reflection of a fair and equitable market for all participants.” "