November 11, 2014

Weak oil price, currencies helping miners stay afloat

A simple rule of thumb is that price changes have a two-to-one impact on the bottom line, while cost changes have a one-to-one impact.

November 5, 2014

Ivanhoe OK to build one of world’s biggest platinum mines

South Africa’s Department of Mineral Resources has finally approved the miner's Platreef platinum project.

November 3, 2014

Mick the Miner in talks to buy Anglo’s assets, no deal tabled

Sources close to X2 Resources, Davis' new company, have cast doubts on reports that the firm had made an offer.

October 29, 2014

Why gold and silver are the good news metals

Analysts and some precious metals’ sellers tend to focus on the “insurance” aspect of owning precious metals. They point out that having some in your possession helps protect your wealth…

October 29, 2014

Space miner loses first satellite in rocket explosion

The affected company is Planetary Resources, the U.S.-based start-up aiming to mine asteroids.

October 21, 2014

Greenland explorer tearing it up after assays

Vancouver-based junior jumps 7% after assays from prospect on 3,600km2 coastal property returns strong copper-nickel-cobalt and platinum group results.

October 17, 2014

Platinum, palladium price-setting technology ‘optimum’ for gold: LME

The LME says its electronic solution for the platinum and palladium price — LMEbullion — could benefit gold bugs.

October 15, 2014

Mick Davis has now almost $5 billion to build new mining empire

The former Xstrata boss' new venture, X2 Resources, is "currently reviewing a number of opportunities in the metals and mining sector."

October 14, 2014

South Africa considers declaring certain minerals as strategic

Under the bill, such minerals "will be sold for production costs excluding transportation. That is the mine-gate price.

September 30, 2014

September precious metal price meltdown

Fresh selling sees gold price end September down 6% vs historical average gain of 3%, silver tanks 13%, platinum drops 9% and palladium collapses 15% over the course of the…