AUSTRALIA

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Gold One Aims to Double Gold Production

Australia-based gold mining company Gold One International Ltd., which operates in South Africa, said Wednesday it expects to meet its goal of doubling its gold production this fiscal year.
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AuRico Gold to buy Northgate in C$1.46 billion deal

Mexico-focused miner AuRico Gold (AUQ.TO: Quote) has offered to buy Northgate Minerals (NGX.TO: Quote) for C$1.46 billion ($1.5 billion) in a friendly deal that would nearly double its output and expand its geographic reach as gold prices soar.
Diamond Planet

Planet Made of Diamonds Likely to Have Oxygen, Carbon

In what can be called a gem of a discovery, astronomers have found a rare planet made of diamonds, which would likely have oxygen apart from carbon. The carbon-based planet lies 4,000 light years away in the constellation of Serpens in our Milky Way galaxy.
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Early Asian Price Decline Eases

Gold prices eased a touch in holiday-thinned trade on Monday as investors took bets on higher prices off the table, disappointed by a lack of clear guidance from the Federal Reserve on Friday on the options for U.S. economic stimulus.
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Australian Gold Production Up 10 Percent

A drive to benefit from record bullion prices lifted Australian gold production by 10 percent, or 24 metric tons, to 270 metric tons in the 2010/11 financial year, maintaining Australia's No. 2 ranking behind China, a sector survey released on Sunday showed.
Diamond Planet

Diamond Planet Found Orbiting a Pulsar [PHOTOS & VIDEOS]

Listen up ladies (and any gentlemen with a spaceship), astronomers say they have discovered an exotic planet seemingly made of diamonds that's five times the size of Earth and with more mass than Jupiter. And get this, the diamond-crystal planet was discovered in our own Milky Way galaxy.

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