June 17, 2011

Suite of $6.5bn South Africa platinum projects under project management

Mining Weekly reports six major platinum projects, collectively worth some R46-billion, are under project management on the western limb of the Bushveld Complex, in the Rustenburg area of South Africa.…

June 14, 2011

Jewellers provide support as gold prices bounce

Gold rebounded on Tuesday after posting its biggest one-day loss in a month in the previous session on growing worries about another global economic downturn, but a weaker U.S. dollar…

June 13, 2011

South African platinum miner Northam to list in New York

Northam CEO Glyn Lewis says that the JSE-listed platinum-group-metals (PGM) producer is taking the step to provide its “growing” US shareholder base with a more visible profile. Recent corporate developments…

June 13, 2011

Rhodium to rise as much as 35% as car sales accelerate, SA mine output slumps

Rhodium will climb as much as 35% to $2,800 an ounce by the end of the year on increased carmaker demand and production difficulties for mining companies in South Africa…

June 9, 2011

Today in Commodities: USDA big news today

No curve balls from the USDA but as for food prices look for prices to stay elevated. Crude will settle approximately 1% […]

June 9, 2011

South Africa mining output rebounds strongly, possible industrial action looms

South African mining output rebounded strongly in April, rising by 12.4% year-on-year, after contracting 1.4% in the previous month, a report by Statistics South Africa showed on Thursday. Year-to-date production…

June 9, 2011

Commodity prices should snap higher in H2, dollar unlikely to recover until 2012 – Morgan Stanley

Ron Leven of Morgan Stanley has recently delivered a presentation under the auspice of ETF Securities Ltd. in which he outlined his […]

June 8, 2011

Proposed Marathon Platinum Group Metals and Copper Mine Project in Ontario: Availability of $150,000 to Support Participation in the Environmental Assessment-Phase II

The Canadian Environmental Assessment Agency the Agency is making available $150,000 under its Participant Funding Program to assist groups and individuals to participate in the environmental assessment process of the…

June 7, 2011

Profit margins at world’s top 40 mining companies fall

Profit margins for the world’s top 40 mining companies are below the historical peaks of 2006 and 2007 as higher costs outweigh […]

June 6, 2011

Gokhran may have enough palladium for exports in 2012, but what of 2013?

A Russian Finance Ministry official has reportedly said that the State repository has sufficient palladium stocks to continue to export in 2012, while it is also looking to upgrade some…