Gold spikes as airliner shot down in Ukraine
Event increases global tensions and demand for safe-haven metal.
Latest Stories
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.
Anglo American platinum production down 40% after S. Africa strike
Output from the rest of Anglo's diversified mining assets rose, but it wasn't enough to offset underperformance at its platinum mines.
After winning the silver fix, CME goes for the gold
The exchange would bid to be involved in a new process, which may turn the current twice-daily gold price-setting conference call into an electronic auction.
Indonesia to revoke Newmont license unless resumes output, lifts lawsuit
Authorities are is planning to send a letter to the Colorado-based miner saying that it has defaulted on its contract and, therefore, is “negligent."
How Canadian tycoon Giustra builds ten baggers in mining and energy
Courage might have something to do with it.
