November 12, 2014

S. African mining shows decline in financial performance

The country's mining industry sees a decline in financial performance in the wake of continued labour unrest and cost pressures.

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 10, 2014

Eastern Platinum disposes of platinum assets

Eastern Platinum Limited has reached an agreement with Hebei Zhongbo Platinum Company Limited for the disposal of its platinum group metal operations in South Africa.

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

JPMorgan not leaving physical commodities: report

The U.S. largest bank still plans to perform"traditional” activities in commodities such as financing, hedging, trading warrants on the London Metal Exchange and the vaulting of precious metals.

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 31, 2014

Federal Open Market Committee hits gold and silver

Trading in precious metals was quiet until Wednesday morning, when prices began to soften.

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 27, 2014

Anglo American ships first iron ore from Brazilian Minas-Rio project

Once again Cutifani delivers — freight from Minas-Rio leaves for China by year-end and within the latest estimated budget.