The Arkyd 3 Reflight (A3R) will spent three month in orbit trying to identify subsystems to explore and prospect for valuable resources on asteroids.
Quebec's $1 billion Capital Mines Hydrocarbures fund is close to buying equity stakes in mining projects outside iron ore worth as much as $200m a shot.
Until Mick Davis pulls the trigger on X2's $5.6 billion, wishful thinking and unhealthy skepticism will pervade talk around private equity and mining.
The greenback is increasingly viewed as a safe haven, and I expect it to go even higher in 2015.
I am always optimistic in my views and look for the best outcome but I am not blinded by it.
Namibia and Botswana top the latest mining investment attractiveness index for the continent and move into top 25 worldwide.
Anglo’s assets up for grabs include three mines and a smelter valued at $1 billion.
Today the company announces the next strategic claim it is bringing to market – an approximately 39 square kilometer claim located 70-75 kilometers from Cusco and potentially the first gabbroic PGM claim in Peru or South America that includes platinum and palladium.
Zimbabwe National Army has won a bitter struggle with the Ministry of Mines and Mining Development for the control of a lucrative $4.8-billion platinum mine.
Platinum and uranium, too.
Of 35 analysts polled by the London Bullion Market Association Ross Norman of Sharps Pixley is most bullish at $1,321, but 5 others see a dip below $1,000.
The smart money is waiting for fire sale prices before jumping into metals and mining. Or worse; has simply lost interest in the sector.
The operations that may be added to the list of assets for sale are Dawson and Foxleigh, in Queensland.
The miner shed over 3.7% after two of its business divisions — Amplats and Kumba — warned they expected full-year earnings to shrink more than previously flagged.
Article implies that the company engaged in illicit practices to obtain the necessary permits for its Platreef mine in South Africa.
Ivanhoe Mines (TSE:IVN) received a bit of unwanted publicity on Sunday when it was revealed that the wife of CEO Lars-Eric Johansson is facing criminal charges for throwing a water bottle at a flight attendant on an Air Canada flight.
The stars will again align for a rise in PGM prices in 2015, but all bets are off if… Putin.
Monetization of treasury bonds to the tune of $300 billion will not be nearly enough to solve our country’s financial problems.
The potential buyer — community-owned firm Baroka Tribal Mining— will also acquire Amplats' 22.5% percent indirect stake in its joint venture partner, Atlatsa Resources.
Johnson Matthey sells refineries in US and Canada to metal recycler for $184 million in cash.
Asian Mineral Resources blazes a trail in South East Asia.
200-year old Johnson Matthey refines precious metals, manufactures autocatalysts and produces the platinum group metals industry's most watched research.
Illegal gold excavation and scrapping, worth about six billion rands per year (about US$550 million), is today the lifeblood of Johannesburg’s informal economy.
Goldman, BASF, HSBC and Standard Bank accused of front-running and spoof orders while in charge of the London PGM Fix since 1989.
Locals were protesting the imminent construction of Platreef platinum mine.
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