Recent Articles

Rising geopolitical tension to be long term boost for gold – Levenstein

Posted on March 11, 2014

Geopolitical tension, government corruption and central bank money printing all have the same result, argues David Levenstein – currency devaluation.

B&A pulls out of talks to buy BHP stake in Guinea iron project

Posted on February 25, 2014

The Brazilian mining firm has pulled out of talks to buy BHP Billiton’s Mount Numba iron ore deposit.

China’s gold imports from Hong Kong slip as demand weakens

Posted on February 25, 2014

Mainland Chinese buyers purchased a total of 102.6 tons in January compared with 126.6 tons a month earlier, shows data from Hong Kong.

It's about time SA mining companies fight back – experts

Posted on February 20, 2014

This is the view upheld by mining consultants and labour experts in what appears to be an endorsement of Amplats’ decision to sue AMCU for R591 million.

South Africa may delay mine law changes until after election

Posted on February 18, 2014

Parliament may run out of time to process changes to mining and oil laws before adjourning ahead of May 7 elections.

SA gold strike blocked as platinum offer is rejected

Posted on January 30, 2014

South Africa’s largest gold producers won a court order preventing a strike by AMCU whose members rejected a wage offer by the world’s platinum miners.

New gold and diamond buyers emerge at Dubai Shopping festival

Posted on January 26, 2014

Normally crammed with Indian expats and Indian tourists, this year Dubai’s gold and diamond traders have seen a strong presence of Chinese and European buyers, along with Arab customers going for gold.

Detour Gold ends frustrating year with glimmer of better grade

Posted on January 21, 2014

Detour Gold's year was rough with a massively missed production guidance and CEO resignation. But its final quarter shows hope.

Cummins launches new gas gen-set ideal for use in remote mine sites

Posted on January 21, 2014

Major engine manufacturer, Cummins, has released a new lean-burn gas gen-set line which would be well suited to use in remote locations like some mining operations.

Sandvik to offer ROPS compliant acid proof cabins for u/g drill rigs

Posted on January 21, 2014

Sandvik Mining can now offer fully accredited acid proof ROPS/FOPS cabins on its underground drill rigs for use in mines with highly corrosive conditions.

Silver coin premiums to climb as US Mint supplies ease

Posted on January 14, 2014

Increasing demand for US silver coins is poised to send premiums to the highest since October even as banks predict more declines in futures.

Vale likely to build $4bn potash mine in Brazil by 2017 – govt

Posted on October 9, 2013

Government officials in Brazil’s northeastern Sergipe state say the miner will likely start output from a $4 billion potash project by 2017.

Australia's new uranium generation

Posted on October 9, 2013

Fukushima put China's construction programme briefly on hold, but the country's planned reactors look set to spawn a new generation of Australian mines.

Could China really consider confiscating its citizen’s gold?

Posted on August 15, 2013

Julian Phillips examines the reasons why China might consider confiscating gold from its citizens

Gold's two markets-in-one can anger and confuse

Posted on July 30, 2013

Given recent moves in the price of gold, it might be worth taking a leaf from behavioural economics and view the gold market as not one, but two.

Bank of England offers free virtual tour including its gold vault

Posted on July 12, 2013

The Bank of England has launched a phone and tablet App, featuring a virtual tour of its famous Threadneedle Street building including its gold vaults.

AMCU cements position as dominant mine union

Posted on July 12, 2013

Impala Platinum has also recognised AMCU its majority union, following a deal struck this week with Sibanye Gold at its Driefontein mine.

Government slashes tax refund rate for India’s silver jewellery exporters

Posted on July 12, 2013

After assurances that jewellery exporters would get their regular supply of gold and silver, the Indian government has cut duty drawback rates on silver.

Sibanye Gold recognises AMCU as majority union

Posted on July 12, 2013

The recognition is the first formal acknowledgement of AMCU at a South African gold mine.

Mundoro starts drilling Timok project area play

Posted on July 9, 2013

Mundoro Capital sussing out Timok like potential of targets a few kilometres west of Freeport/Reservoir copper discovery.

Wits Gold makes offer for Burnstone mine

Posted on July 5, 2013

South Africa’s Wits Gold has made an offer for Great Basin Gold’s Burnstone mine to give the company its first bullion-producing asset.

Scotiabank’s Mohr argues strong case for commodities now to 2020

Posted on February 5, 2013

Scotiabank's Patricia Mohr delivers a bullish stance on emerging markets and thus demand for commodities such as copper.

Australian rains prompt coal force majeures

Posted on February 4, 2013

Heavy rains in Queensland have prompted Rio Tinto and Xstrata to declare force majeures on coking and thermal coal exports this week.

Is gold the answer to Europe's worst case scenario?

Posted on January 31, 2013

How long can unemployment rates for under 24s remain near 60%, as in Spain and Greece, without the powder keg igniting? Gold may yet be the best insurance against riot induced economic collapse.

US silver coin sales set record in January after halt

Posted on January 30, 2013

Earlier this week, the U.S. Mint resumed supplying silver Eagles after it halted sales on January 17 as soaring demand depleted its stock.

More »