China net gold import 1,212t Jan – Nov
Withdrawals from the Shanghai Gold Exchange (SGE) – currently the best indicator of Chinese wholesale demand – keep up a strong pace.
Latest Stories
260+ million tonnes of iron ore discovered in Uganda
Uganda may become a more important player in the African iron ore market, after a recent geological survey revealed much bigger deposits of the steel-making ingredient than found during colonial mappings.
US mining can’t find workers fast enough
More than 36% of the jobs in mining and logging stay open for longer than three months.
Vale may settle Simandou lawsuit
Rio Tinto is suing Vale for billions over allegations the Brazilian giant and its former partner illegally acquired the West African iron ore deposit, one of the richest prizes in all of mining.
Anglo American drops Peru copper project
Miner's belt tightening continues.
Gold, silver run out of big sellers
Gold and silver price holds up well in the face of Friday's blowout jobs report, jump in stocks and bond yields and renewed slide in oil.
Sandvik relocates global equipment unit to India and China
The firm is closing several facilities in the U.S. and Europe, as part of a two-year business reorganization set to conclude in the next fiscal.
Canadian miners find ‘pot of gold’ in Ireland
It was not at the end of any rainbow, but two Canadian firms did find their own pot of gold and are turning Northern Ireland in a new mining frontier.
Refurbishment Extends Cooling Tower Life By 20 Years
An industrial cooling tower’s life expectancy is between 15 and 25 years, yet it is not always necessary to install a completely new system