Fewer discoveries, slower development weigh on gold industry
Length of time from discovery to production to continue trending higher.
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Precious metals market report by Alasdair Macleod
The developing bull-run looks like turning into a squeeze on the bullion banks themselves.
Japanese nuclear reactors could reignite uranium mining
Be prepared for a rally in the uranium mining sector.
Rio Tinto divesting 3200 tph Voest-Alpine iron ore stacker.
Rio Tinto are seeking Expressions of Interest (EOI) for a 3200 tph Voest-Alpine iron ore stacker located in Western Australia.
Gold spikes as airliner shot down in Ukraine
Event increases global tensions and demand for safe-haven metal.
Sibanye Gold awards DFS contract award for Tailings Retreatment Project
West Rand Tailings Retreatment Project (WRTRP) involves construction of a large-scale Central Processing Plant (CPP) for the recovery of gold uranium and sulphur from the Sibanye tailings deposits and current arisings
Vale sees iron ore prices coming back to historical levels
CEO Murilo Ferreira thinks the ore may get close to 2011’s peak of $168 a ton.
Key mining houses look online to sell variety of assets
Exxaro, Harmony, Anglo, Diesel Power and SA Taxi will take a variety of assets to auction during late July. The assets will be sold via a leading online mining auctioneering platform.
Australia becomes world’s first developed nation to repeal carbon laws
The country, one of the largest per capita greenhouse gas emitters, no longer has a carbon tax.
