Copper rebounds as rains shut mines in Chile

The metal earlier fell as much as 0.3% in London after U.S. durable goods orders unexpectedly fell Wednesday.

Sherritt hit by strike at Madagascar nickel mine

Employees at its Ambatovy nickel mine have forced the company to curtail output.

Copper bump

Falling dollar, mine issues push copper up.

Gem trade in CAR may get embargo lifted

The Kimberley Process plans a review of an embargo on Central African Republic’s gem business next month.

Diamond jewellery sales to grow at modest pace

Diamond jewellery sales will keep growing but at a more modest pace, De Beers predicts.

Diamond price slump is over

Gem Diamonds CEO Clifford Elphick reckons prices will rise this year.

Glencore to close West Wallsend mine in 2016

The West Wallsend underground coal mine had been slated to close in 2016-2017.

Mongolian Mining may deplete cash by end of year, Moody’s says

High costs and low coal prices mean the company could run out of cash by the end of the year.

Australian coal prices fall to pre-2008 crisis levels

As Chinese demand suffers from slower economic growth and new environmental rules.

Red rag to gold bulls – JPMorgan added to LBMA Gold Price banks

JPMorgan has now been added to the LBMA Gold Price setting banks.

WGC cautions against common gold wisdoms

‘Gold falls as the dollar rises’ and ‘US interest rate rises are bad for gold’ are two seemingly accepted wisdoms which may not be entirely correct as a new WGC analysis points out.

US interest rate rise may not be bad for gold – WGC

The WGC claims higher US interest rates may not be as negative for gold prices as many believe.

Crummy chromite investment

Cliffs exits the Ring of Fire.

Mining cash grab in Saskatchewan

A province, under pressure from oil prices, gets greedier for potash profits.

Not another groundhog year for metals – Wrathall

Strong dollar and lower energy costs are helping keep mines open, which perhaps should have shut down, to alleviate the overall global mined commodities surplus situation.

Iron ore slump set to shrink China’s mining capacity

Three-quarters of China’s domestic iron ore capacity is incurring losses.

‘Let’s form an iron ore cartel’

OPINION: What if the iron ore producers did meet to consider an iron ore cartel to control prices as Andrew Forrest suggested.

Rio dismisses ‘harebrained’ Fortescue iron ore plan

Sam Walsh says there would be no benefit to Australia in Fortescue plan for producers to agree to cap output.

All about oil

A commodities ETF tends to favour oil – whether or not that’s favourable.

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.

Palladium ETFs see biggest weekly outflow since August

Palladium ETFs saw outflows of nearly 50,000 ounces in the week to Friday.

Workers at South Africa’s Northam Platinum picket at Zondereinde mine

Denied media reports that it had shut operations.

Amplats’ Zimbabwe unit would take two years to build smelter

Demands for firms to process platinum locally.

SocGen’s ultra bearish gold and silver outlook

Maybe France’s SocGen has jumped the gun in predicting sharply lower gold prices right now.

Silver may bottom this year, with meaningful gains next

Silver is seen as falling further, despite a small supply deficit which could eventually lead to meaningful gains.

Hochschild says silver recovery dependent on investment buyers

The Lima-based silver miner reported an annual loss of 32.5% on Wednesday.

South Africa gold producers push for employees to own houses

To ease social pressures that led to a five-month strike in the country’s platinum industry last year.

Gold’s longest run of gains in a year ends

As a pickup in U.S. inflation increased the prospects for higher interest rates.

Amplats takes emulsion explosives technology underground

To improve safety for miners.

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 ALSI51,8100.40%2015-03-29 03:11 +0000
Hang Seng24,486-0.04%2015-03-29 03:12 +0000
Nikkei19,286-0.95%2015-03-29 03:12 +0000
NASDAQ4,8910.57%2015-03-29 03:12 +0000
Dow Jones close17,6782015-03-29 03:12 +0000
S&P 500 close2,0562015-03-29 03:12 +0000
Gold1,198.55-0.45%2015-03-29 03:12 +0000
Silver16.96-0.76%2015-03-29 03:12 +0000
Platinum1,138.00-1.33%2015-03-29 03:12 +0000
Palladium741.15-3.78%2015-03-29 03:12 +0000
Gold ZAR/oz14,368.58-0.33%2015-03-29 03:12 +0000
Brent Crude56.410.41%2015-03-29 03:12 +0000
USD / Euro0.918-0.12%2015-03-29 03:12 +0000
CAD / USD0.793-1.00%2015-03-29 03:11 +0000
ZAR / USD0.083-0.38%2015-03-29 03:12 +0000
UAD / USD0.775-0.97%2015-03-29 03:11 +0000


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