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Copper glut fading on mining cutbacks
Slumping prices and mine disruptions threaten to erase a global output surplus.
Zinc continues to falter
Against a bullish storyline, the price of zinc deflates.
SGS gets Lab contract for UK’s new tungsten mine
Wolf Minerals is well on track for first production from its Drakelands tungsten/tin mine around mid-year and has contracted SGS to operate its on-site laboratory.
Diamonds are Anglo’s best friend
De Beers set to continue as Anglo’s brightest shining performer.
De Beers becoming Anglo’s crown jewel
The diamond unit overtook copper last year to become the second-largest contributor to Anglo American’s profit.
Diamond prices firm as Dubai banks fill funding gap
Gem Diamonds expects firm prices this year after they rose at its first auction of 2015.
‘Made in China’ nuclear reactors a tough sell globally
China still needs to show it can build and safely operate these reactors at home.
33 miners dead after pit blast in east Ukraine
Outside the gates of the Zasyadko mine, relatives clamoured for information about any survivors.
Australia coal prices come down to earth
A rally in Australian coal prices has fizzled almost as quickly as it started.
Precious metals punished
Gold, silver, PGMs take a beating Friday.
Pan African – A year of two halves
With a 7% dividend yield, Pan African looks to remain a South African gold mining favourite despite its recent big fall in half year earnings.
Canadian gold assets regaining lost luster
These assets were once shunned in favor of more alluring opportunities overseas.
R5.76bn writedown puts Exxaro in the red
Impairments related to Congolese Mayoko mine obliterates profits.
Uralkali to invest $4.5bn to stay potash No.1
Uralkali plans to increase its annual production capacity to 14.4 million tonnes by 2020.
Fortescue seeks to extend $4.9bn debt as ore slumps
As the plunge in raw material prices curbs profits.
Iron ore near 6-year low as Chinese steel struggles
Soft sales have forced more Chinese steel mills to curb production after the Lunar New Year break.
Russia’s steel mills become world beaters after ruble’s slide
The collapse of the ruble, which has pushed up prices for millions of Russians as the economy slides into recession, hasn’t been bad for everyone.
Mining industry, hungry for deals and cash, meets in Toronto
Big gold miners have been hit by weak commodity prices that have forced them to slash exploration budget.
Mining M&A revival favours ‘quality’ juniors
Recent acquisitions reflects a new reality.
Gold Fields cash beats AngloGold indecision
Both miners have made it a priority to reduce borrowings.
Zimbabwe platinum smelter set to start next year
Producers will probably be processing the metal in the country by the middle of next year, says the Chamber of Mines.
Platinum prices poised for a rebound
Higher prices can’t come soon enough for an industry that’s been struggling for about four years.
RBPlat managed to realise a good basket price
Amid metals price drops and read weakness.
Fresnillo results hurt by dip in gold, silver prices
Full-year pretax profit dropped 40%, hurt by falling gold and silver prices.
Gold & silver investing strong – sellers vanish
Gold Investor Index leaps near 2-year high, positive demand for silver too…
Latin zinc king sees silver dreams turn into junk
It doesn’t always pay to diversify. Just ask Volcan Cia Minera SAA.
What Citi misses about mining revolutions
Advances in mineral exploration are needed to support discoveries.
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.
Sandvik launches next-generation DTH and rotary blasthole drill
Tested at Barrick Gold’s Cortez gold mine in Nevada.
SGS gets Lab contract for UK’s new tungsten mine
Wolf Minerals is well on track for first production from its Drakelands tungsten/tin mine around mid-year and has contracted SGS to operate its on-site laboratory.
Caterpillar rotary drill upgrade reduces costs, increases productivity
Cat® enhances its MD6640 Rotary Drill using new excavator undercarriage to improve operating costs and productivity and reduce downtime.
JSE ALSI53,3470.00%2015-03-06 23:42 +0000
DAX11,5510.41%2015-03-06 23:41 +0000
CAC 404,9640.02%2015-03-06 23:41 +0000
Dow Jones close18,1362015-03-06 23:41 +0000
S&P 500 close2,1012015-03-06 23:41 +0000
Gold1,167.290.00%2015-03-06 23:41 +0000
Silver15.90-1.97%2015-03-06 23:41 +0000
Platinum1,161.25-1.57%2015-03-06 23:41 +0000
Palladium818.600.03%2015-03-06 23:41 +0000
Gold ZAR/oz14,031.96-0.04%2015-03-06 23:41 +0000
Brent Crude59.79-0.07%2015-03-06 23:41 +0000
USD / Euro0.922-0.02%2015-03-06 23:43 +0000
CAD / USD0.792-0.02%2015-03-06 23:42 +0000
ZAR / USD0.083-0.04%2015-03-06 23:41 +0000
UAD / USD0.772-0.85%2015-03-06 23:42 +0000
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