Violence erupts at Glencore’s Bolivian mine
It is believed that the violence resulted from Glencore workers trying to forcefully take back control from a rival Bolivian state-based company.
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GFMS says gold hedging is a peripheral issue. Others not so sure
Moderate net hedging by gold producers is expected for the full year, but GFMS-SocGen stressed that it did not mean a shift in management attitude towards hedging.
Kumtor’s freezing Kyrgyzstan’s ceasing
Kyrgyzstan's economy will grow by barely a quarter of the 7.5 percent originally forecast because of the collapse in output from the nation's flagship venture with Canada's Centerra Gold.
The right formula for markets
Thoughtful regulation in moderation is needed to maintain healthy competition. Sporting events need referees and officials to keep the game fair and exciting—no spectator wants them to control the outcome.
End of an epoch as Hong Kong exchange takes over 135-year old LME
The three losing bids were all from the US and the deal marks a decisive shift in the commodities trading business away from Chicago and London to Asia.
Chrome ore China tariff threat to South Africa’s platinum producers
A vital revenue stream for platinum miners — chrome ore — may be choked off if ferrochrome producers are successful in lobbying for a protectionist export tariff of $100/ton in their desperate attempt to protect their own businesses from China’s burgeoning chrome refiners.
The three highest paid executives in BC all worked at Ivanhoe Mines
John Macken, who recently gave up being president of Ivanhoe Mines, was BC’s top paid executive and brought home a total $23.358 million […]
Prepare for a white knuckle ride with volatility being the ‘norm’
In the early days of this bull market in precious metals we all did well as most mining stocks sprang to life and made considerable gains.
About one-third of mining execs think their industry will turn bumpy this year
Mining executives don't see a lot of sunshine in 2012 and a full 20% have started laying off workers, according to a report by Business in Vancouver and the Mining Recruitment Group.
