The commodity research teams at Macquarie and Barclays, however, are not as optimistic when it comes to potash, aluminum and steel.
Palladium Mining News
Despite continued investment in copper assets on the continent from China and India hunting for coal mines.
A credit upgrade, a rocketing share price and rally in coal and iron ore call into question downsizing strategy of world's number five miner.
One year ago the most popular post at MINING.com examined how much longer the bear market in mining would last – compare and contrast.
Most investors expect the Fed to put off raising rates, which would keep gold as an attractive asset to buy.
Value of South Africa's mining industry forecast to contract 11.4% in 2016, followed by years of close to zero growth according to new report.
The main challenge for mining near-Earth celestial bodies is neither technology nor cost, but simply “convincing people it is realistic,” says Dr. Phil Metzger.
Anglo American Platinum forced to stockpile concentrate and shut down smelter in South Africa responsible for one fifth of its refined platinum output.
South Africa is believed to have approximately 6,000 abandoned mines and between 8,000 and 30,000 illegal miners across the country.
Study predicts fifth year of growing deficits and halving of above ground stocks as strikes in top producer South Africa loom.
PGMs down nearly 10% and manganese production down 24%.
OSIRIS-REx will collect samples from an asteroid and return them to Earth, in what it could be a pivotal step for firms currently planning to tap into the space mining business.
River near the eponymous city of world's top nickel and palladium miner turns crimson.
South African labour union that led a bruising 20-week strike in 2014 declares dispute with top producers over 50% wage hike demands.
South Africa's Public Investment Corporation (PIC), which owns 14.5% of Anglo, believes the mining giant may not realize the full value of its assets.
After four grinding years of falling metal prices and vanishing market capitalizations, we have seen a stunning shift in market sentiment since mid-January, says Matt Geiger of MJG Capital. Multiple physical commodities are now in technical bull markets.
Signs of resurgence in platinum, a stronger gold price and growing coal exports to India should be triggers for South Africa’s mining leadership to grasp the opportunities that it missed in the last commodity boom, according to consulting engineers and scientists SRK Consulting (South Africa).
And one that's ultra-bearish.
Large scale futures speculators and PGM investors in physically-backed exchange traded funds are taking wildly different views of the outlook for the metals.
South Africa's state pension fund is pushing Anglo to spin off all its assets in the country, including the miner's coveted platinum mines.
None of the foreign-owned platinum miners operating in the world's number three producer of the precious metal is listed on the Zimbabwe Stock Exchange.
PGM prices plunge after data show country's mines responsible for 70% of global production are humming and local currency revenues are hitting records.
The mission's goal is to map a target asteroid, looking for deposits of water and other resources with visible and infrared cameras.
The LME’s previous attempt at trading gold lasted only three years .