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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 383.12+0.8%Nov 26 4:00 PM EST
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To: TobagoJack who wrote (35532)6/7/2008 6:38:16 AM
From: elmatador  Read Replies (1) of 218068
 
See what people do here when they see metals: "500 people this week dug up a street near the town of Simoes Filho, removing several hundred kilograms of manganese before geologists from the National Department of Mineral Production arrived to determine whether a new deposit had been discovered, Jose Carlos Cunha, a geologist with Bahia's mineral research agency, said by telephone from Salvador city.

``We don't need to worry about this, it's just rejects, not a new deposit,'' Paulo Santana, the federal department's presidential adviser, said by telephone from Brasilia.

The manganese, used to make steel, may have been left over by Sibra Eletrosiderurgica Brasileira SA, a former steel-alloy maker in the area that's now part of a unit of Cia. Vale do Rio Doce, Santana said.
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