India’s festivals, wedding season flop for gold traders
Domestic gold price discount in double digits with predictions of 25–30% slump in seasonal buying.
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DMCC hosts 2nd Middle East Gems & Jewellery Forum 2015 in Dubai
Over 35 industry leaders and over 150 delegates in attendance at the MEGJF including Damas, Malabar Gold & Diamonds, Dhamani and Fabergé
Oz Minerals: supporting productive mineral processing.
Productivity is the current catch phrase for the mining industry, and energy productivity has a large role to play where low grade ore bodies are processed in remote locations.
Gangs battle over abandoned gold mines in South Africa
At least 1.6-million people live in informal settlements around Johannesburg, many of them on or near mine waste sites, plagued by illegal miners and controlled by armed bands.
Gold drops for fourth straight session as Fed rate hike now seen likely
Prices headed for a four-week-low on the Comex in New York.
Cecil Musgrave: Warren Buffett style investing In mining – this is not supposed to happen!
Ben Graham value investing now exists in the mining space – the type of investing that Warren Buffet is famous for.
Lonmin warns of $2bn write-down, 6,000 job cuts
The world’s third-largest platinum producer is also planning layoffs, cutting capex and lowering unit costs.
Last standing underground coal mine in the UK to close next month
The closure of Kellingley Colliery, Britain’s last deep coal mine, marks the end of a 300-year industry that once employed over a million workers.
Peru’s Garcia makes mining key pillar of his presidential campaign
The former president says lack of immediate benefits for communities has driven mining opposition causing the country to lose billions worth of gold and copper projects.
