Platinum hits 3-week low and palladium falls back below $800 an ounce.
The West African nation is ready to withdraw the mining permits held by VBG, a company run by BSGR and Vale.
Most cases coming from Rio Tinto’s Rössing mine, according to report.
Now a $2 billion stock, Stillwater Mining gaps higher again on Monday as South Africa-Russian supply picture darkens.
CEO Mark Cutifani said the Rustenburg operations were no longer considered one of the company’s core assets.
The 8% one-day drop in the iron ore price in March was the result of a new dynamic in the market: panicked selling by traders using ore as loan collateral.
BHP is losing big money on its push for a coking coal spot market.
Palladium breaks through $800 to two-and-a-half year high as lease rates double and ETFs attract 270,000oz in two weeks.
De Beers' explored for diamonds in the Southern African nation between 2005 and 2012, but relinquished its concession after finding no economically viable project.
Of the 70 pirate attacks so far this year, 53 have been in the waters off Southeast Asia and West Africa and some 50 crew remain in captivity.
While diamonds are the most strictly checked raw materials in the world, there is a certain amount of illegally traded gems that make it into the market.
Brazilian giant acquired the interest in Simandou from diamond tycoon Beny Steinmetz's mining arm BSGR for $2.5 billion in 2010.
A PwC survey shows that only 4% of the 700 companies polled across 15 industries said they have completed a draft of their SEC conflict minerals filings.
The closely-watched Thomson Reuters GFMS annual copper survey paints a grim picture for the copper price in 2014 and beyond.
Iron ore is up 12% from lows sparked by panicked selling from Chinese traders and mills using stockpiles for trade credit.
Personal assistants at large mining companies and PR people were the most targeted by online criminals.
The real reason platinum and palladium should rise over the coming years has nothing to do with geopolitics or labor issues, Rick believes.
Defying all expectations of a continued rally, palladium lost 3% and platinum fell back to pre-strike levels on Monday.
Only last year Chinese overseas investment totalled $61.6 billion by the end of September.
The top 10 producing gold mines in the world, from the gold capital Johannesburg to gold filled islands like Niolam Island.
The figure represents almost 40% of the world's physical gold trade last year.
What works well for gold may work for PGM, too.
Mining companies in Zambia use about 68% of the country’s electricity, while less than a quarter of the population has access to it.
Brazilian iron ore giant Vale has removed its six international employees and put its local workers on leave.
The bottom is in, declares Oliver Gross of Der Rohstoff-Anleger (The Resource Investor), and the bulls are ready to charge.
Former rebel group blamed for attack on crucial railway line that serves Vale and Rio Tinto's coal mines.
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