CoAL jumps through hoops to get Vele running
Fourteen months after being halted by the South African departments of water and environment, Coal of Africa's Vele mine has begun shipping its first coal.
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Indian economy to grow despite politics over policy paralysis: Lakshmi Mittal
NRI business tycoon Lakshmi N Mittal on Sunday said India's economy will continue to grow despite politics over policy paralysis.
Physical gold market undergoing staggering change – Sprott and Baker
‘When gold fundamentals no longer apply, review the fundamentals'. The physical gold market is seeing enormous changes and this will have to feed through in terms of hugely rising prices.
Côte d’Ivoire rough diamond export sanctions extended
The United Nations' Security Council on Thursday extended the sanctions imposed on Côte d’Ivoire (Ivory Coast) for another year, including exports of rough diamonds.
S Korea to pursue energy and infrastructure projects worth USD 11.1 billion in Venezuela
Yonhap reported that South Korea will pursue 5 energy and infrastructure development projects in Venezuela worth USD 11.1 billion that could open new business opportunities for local companies in the South American country.
Labor shortages in mining industry may drive gold bullish: HSBC
Labor shortages in the mining industry may constrain future gold output and have bullish implications for prices, said HSBC, a London based multinational bank, in a commodity research note.
ArcelorMittal identifies potential to increase production of iron-ore concentrate at ArcelorMittal Mines Canada to 30 million tonnes per annum
ArcelorMittal today announces that a scoping study has identified the potential to utilize ArcelorMittal Mines Canada’s existing infrastructure system and to increase annual production of iron-ore concentrate to 30 million tonnes per annum.
Russia getting back into rare earth game
RareMetalBlog reports the Russian government has begun creating the conditions needed for an active resumption of rare earth production- the rationale being increased domestic demand for high-tech industry and the spectre of more export restrictions by China.
The gold elephant in the room: Dwindling supply
Scott Wright of Zeal Intelligence made some illuminating comments this week in his post about the dwindling supply of gold.
