April 19, 2012

Anglo American Platinum output falls 24%

The world’s largest refined platinum producer Anglo American Platinum (Amplats, AGPPY) says it will hit its full-year production target for 2012, despite a severe fall in production in the first…

April 19, 2012

Are Google executives and James Cameron planning to mine asteroids?

Speculation is mounting that group of heavy-hitting investors—including filmmaker James Cameron and Google executives Larry Page and Eric Schmidt—may announce next week in Seattle plans to mine asteroids for minerals.

April 16, 2012

The meek shall inherit the earth, but not its mineral rights: Meet mining’s 40 richest billionaires

MINING.com counts more than 90 billionaires involved in minerals, metals and mining on the planet with a combined wealth of well over $300 billion.

April 10, 2012

Reports of Mugabe’s death are greatly exaggerated

Widely circulated reports that the 88-year old were fighting for his life in a Singapore hospital were deemed to be "lies meant to destabilise Zimbabwe," according to a spokesman.

April 5, 2012

Zimbabwe ‘owns’ majority of all foreign mining companies

Zimbabwe's Black Empowerment Minister, Saviour Kasukuwere, announced today it has taken majority ownership of foreign-owned mining firms, which had not already given a controlling stake to black Zimbabweans.

April 4, 2012

Half-billion South African platinum mine gets green light

The South African government has ok'd a $443-million platinum mine located north of Rustenburg.

April 4, 2012

Precious metals investors taking big knocks adjusting to life without QE3

Gold dropped more than $57 or 3.4% an ounce in early afternoon trade while ever volatile silver tanked more than 6%. Platinum crashed through the $1,600 an ounce level and…

March 30, 2012

Zimbabwe going swimmingly for Caledonia, but platinum rights in South Africa go missing

Production at Blanket in Zimbabwe doubled and the Toronto-based company said it paid direct and indirect taxes, royalties, licence fees, levies and other monies to the Government of Zimbabwe totalling…

March 25, 2012

Calling Another Bottom in Gold and Silver Stocks Sector

The last time I called an important bottom in the precious metals sector was on December 29, 2011 (). Well, it's time for another important bottom. I believe the late…

March 23, 2012

Why gold can go the distance

Gold’s been knocked down lately, but several enduring factors have conditioned the yellow metal for an inevitable comeback.