June 21, 2013

South Africa’s mining sector watchful: gold wage talks coming up

The chambers of mines will kick-off talks in early July.

June 21, 2013

Asteroid miner exceeds $1 million crowd-funding goal

Planetary Resources is now going for $2 million and has created new incentives to lure backers.

June 21, 2013

Prophecy Platinum completes $5.9m equity financing

Prophecy Platinum says it will use funds for Wellgreen and Shakespeare projects.

June 15, 2013

Platinum market deficit to hit 844,000oz in 2013 – HSBC

The platinum market is likely to hit a record deficit of 844,000 ounces in 2013, HSBC says, as supply shrinks and demand, […]

June 14, 2013

4,000 strike at Anglo American Platinum mine once again

At least 2,400 workers were being held down in the mine by their own colleagues.

June 14, 2013

Miners’ new trilogy: flat revenues, profit drop and weak share prices

Report shows mining companies are not longer trusted on their abilities to control costs, deliver on promises and cope with resource nationalization demands.

June 13, 2013

Gold weakens alongside dollar

Downward trend continues for metals. Weak dollar provides no relief.

June 13, 2013

South Africa adopts hard-line stance on labour relations

Deputy President to meet with business, labour and government reps on Friday.

June 13, 2013

Access to capital the top current challenge for the mining sector: Ernst & Young

The report also says junior miners will continue to be cash strapped for at least another year, as the global mining industry slows down.

June 11, 2013

Platinum: ETF demand points to a price increase

Current developments suggest the price may be set to improve significantly in the coming months.