Moody’s jumps on the gold bearish wagon
The rating agency reduced its 2014 forecast for average gold price from $1,200 to $1,100/Oz and from $20 to $18/Oz for silver.
Cecilia Jamasmie , Editor-in-Chief
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At least 26 killed in attack on Congo’s mining hub
The Mai Mai Kata Katanga separatist militia attacked the city of Lubumbashi, in the copper-rich southeast province of Katanga.
Resource rich countries make up over 50% of the “extreme risk” jurisdictions to invest
Study also says that Myanmar is the country where the business environment improved the most last year.
Codelco copper exports hit by Chile’s port strike
Strike has already sliced $130 million off the miner's December income.
South Africa charges mining firm that polluted river at national park
Bosveld Phosphate spillage in late December causing major pollution of two rives, resulting in “a massive fish kill” say authorities.
The Philippines creates ‘mining accountability’ body
The local Extractive Industries Transparency Initiative (EITI) ) aims to guarantee the country’s mining sector transparency and accountability.
Iron ore staging strong comeback in 2014
Two of the top iron ore produces, Australia and Brazil, are set to benefit from soaring exports registered by the end of 2013.
Gold may hit rock bottom in first few months of 2014
While 2013 will go down as the year gold lost its glitter, 2014 may be remembered as the era it recovered some sparkle, yet it remained dull — analysts.
Report casts fresh doubt on AngloGold’s La Colosa project
Study claims the massive project would jeopardize a river basin, potentially reducing water supply for agriculture and consumption.
Gold-diamond soap with ‘special psychological and spiritual’ powers for only $2,800
It'll surely make you think twice about showering and washing your hands often enough.
Lundin Mining to sell Eagle mine to Talon for $84M
Share-based deal gives Talon processing assets in the US and a new CEO, while Lundin sharpens its focus on larger copper operations.
