Commodity prices tumble as gold rallies – Scotiabank
Scotiabank has revised the gold price forecast to an average US$1,250-1,275 for 2015-16.
BHP Billiton plans job cuts in South Australia
The global miner says some workers will be redeployed at Olympic Dam.
Norilsk Nickel faces Arctic prices challenge
Russia’s financial crisis is posing a stark challenge to the country’s largest mining company.
Alrosa sees moderate growth in 2015 diamond sales
Russian diamond mining company Alrosa plans to sell 40 million carats this year.
Gem Diamonds says prices could remain weak in early 2015
The company mined fewer diamonds at its flagship Letseng mine in the period.
Petra Diamonds sees FY results below market consensus
Citing softness in the diamond market.
Coal India drops on federal plan to sell stake
Coal India fell the most in eight months in Mumbai after the government said it will sell as much as 10% of the monopoly miner in a public offer tomorrow.
Buy Keaton – Intellidex
Eskom coal hunger presents growth opportunity for junior miner.
Gold supply to continue in surplus this year – GFMS
As always the latest GFMS update on its Gold 2014 report makes for interesting, if somewhat controversial, reading.
Commodity prices tumble as gold rallies – Scotiabank
Scotiabank has revised the gold price forecast to an average US$1,250-1,275 for 2015-16.
India overtakes China as world’s top gold consumer – GFMS
Chinese gold demand slid by more than a third last year to a four-year low of 866 tonnes.
Chile to consider partnerships to develop lithium
The state will consider boosting the development of its lithium industry through public-private partnerships.
Aluminum making a comeback
Aluminum is making a comeback as automakers under pressure to build more fuel-efficient cars increase their use of the lightweight metal.
Stable potash markets, new capacity to yield steady growth – S&P
S&P forecasts 2015 potash range-bound prices of about US$300 – US$350 CFR China per metric ton.
Iron ore rout deepens as China mills scale back
Iron ore is heading for the biggest monthly loss since May amid signs the bear market that began last year has further to run.
China port restrictions to giant Valemax overcome
Vale says the setbacks to dock the vessels in China have been removed.
Fortescue says China absorbing ore imports as shipments jump 49%
Chinese port and steel mill inventories have fallen below historical averages.
A horrible year for mining stocks
See the one-year performance of all the JSE-listed mining companies.
Coal stock slide threatens Modi stake sale plan
Prime Minister Narendra Modi’s plan to sell 10% of Coal India Ltd. by March is being imperiled by the company’s sliding shares.
Mining stock bears get paid as iron-ore rebound halted
Options traders who bet against a rebound in Australian iron-ore stocks are being proven right.
Mining firms seek clarity on Zimbabwe platinum export tax
Tax would eat into the profits of companies with platinum assets in the country.
Zim platinum producers unsure over 15% export levy deferral
Producers have asked the state to clear up whether they will be charged a 15% on exporting unprocessed metals.
Lonmin keeps output target
Platinum producer cuts spending.
Commodity prices tumble as gold rallies – Scotiabank
Scotiabank has revised the gold price forecast to an average US$1,250-1,275 for 2015-16.
Precious metals coveted once more as Draghi acts
Mario Draghi’s $1.3 trillion pledge drove gold to a 5-month high and silver to the brink of a bull market.
Silver poised for bull market
Silver headed for a bull market in its best start to a year in more than 3 decades as the ECB expanded economic stimulus measures.
Experts debate benefits, drawbacks of post-mining pit lakes
While not always pretty, mining pit lakes may offer a bounty of benefits … at a hefty cost.
Mining too slow in female board appointments – group
Women in Mining U.K. has criticized top firms for being slow to correct the gender balance at board level.
Gold mining companies still fund CSR despite low gold prices
The need for gold companies to mitigate non-technical risk is still continuing to hold sway.
ADR plant boosts recoveries at New Luika gold mine
Shanta Gold’s New Luika mine is boosting its gold and silver recoveries since installing an ADR plant supplied by FLSmidth.
The marriage of mining and technology is inevitable
Dr Jeannette McGill makes the point that mining needs to embrace technology if it’s ever going to reach the productivity levels of its past.
Sandvik launches new mid-range mining crushers
In what it reckons will be one of its most important product launches of the year, Sandvik has launched two new mid-range cone crushers.
JSE ALSI51,2670.00%2015-02-01 09:52 +0000
Hang Seng24,507-0.36%2015-02-01 09:51 +0000
Nikkei17,6740.39%2015-02-01 09:51 +0000
NASDAQ4,635-1.03%2015-02-01 09:50 +0000
Dow Jones close17,4172015-02-01 09:51 +0000
S&P 500 close2,0212015-02-01 09:51 +0000
Gold1,283.790.02%2015-02-01 09:50 +0000
Silver17.251.71%2015-02-01 09:50 +0000
Platinum1,241.56-0.02%2015-02-01 09:50 +0000
Palladium772.350.06%2015-02-01 09:50 +0000
Gold ZAR/oz14,938.210.08%2015-02-01 09:50 +0000
Brent Crude52.990.95%2015-02-01 09:50 +0000
USD / Euro0.886-0.05%2015-02-01 09:50 +0000
CAD / USD0.785-0.18%2015-02-01 09:52 +0000
ZAR / USD0.0860.01%2015-02-01 09:50 +0000
UAD / USD0.776-0.13%2015-02-01 09:52 +0000
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