China’s war on pollution is finally moving coal prices
The latest restrictions on production, consumption and imports could drive prices 10% higher by the end of the year.
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Sibanye Gold in talks about possible South Africa job cuts
Sibanye has started talks with unions and other stakeholders about possible job cuts at its Cooke 4 mine to boost profits and productivity.
Currency mayhem
So far this has been mainly a race to the bottom, with the dollar on the side-lines.
Anglo American puts Peace River on care and maintenance
Anglo American is putting its Peace River metallurgical coal operation on care and maintenance. Operations at the Trend mine will cease at the end of 2014.
Turquoise Hill up 22% after Oyu Tolgoi tax bill slashed
Mongolia knocks $100m off tax claim to revive expansion of massive copper-gold mine owned by Rio Tinto unit Turquoise Hill.
Heavy precious metal shorting is bullish
The ironic thing is that futures speculators fantastic Q2 2013 gold-downside bet hasn’t worked very well since then.
Montreal company achieves high gold recovery withou cyanide or mercury
Dundee Sustainable Technologies (DST) has successfully pilot tested its environmentally friendly gold process, achieving a high recovery rate without the use of cyanide or mercury.
Tailings dam failure kills three workers
In Brazil.