Analysts predict gold could drop as low as $1,000
After falling 17% from an all-time high in September some analysts maintain that the price of gold could fall even further
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China’s Yancoal proposes assets merger with Gloucester Coal
According to a source close to the deal, Chinese-controlled Yancoal Australia has approached Gloucester Coal with a plan to merge their neighbouring coal assets in Australia.
PNG’s Ramu nickel mine to run at full capacity by mid/late 2013
Minority partner Highlands Pacific said Tuesday it expects the Ramu nickel project in Papua New Guinea to operate close to maximum capacity by mid to late 2013.
JFE Steel sees slightly lower Q1 output than Q4
The Japanese steelmaker expects its crude steel production in the January-March to be flat or slightly down on than that of the October-December period.
Anglo American mulls sale of Amapa iron ore stake – sources
Several industry sources say the miner is considering selling its majority stake in the Amapa iron ore operation in Brazil to focus on its flagship Minas-Rio growth project.
Chiquita, Tides Canada defend oilsands activism
Chiquita has denied that it's boycotting Canada’s oilsands as a fuel source for shipping its fruit. Instead, the company said it’s just expressing a “preference for fuels with lower than normal greenhouse gas footprints wherever possible.” ...
Intierra and RMG form resource intelligence powerhouse
Intierra Resource Intelligence has acquired Swedish-based Raw Materials Group (RMG). All RMG shareholders have taken an equity position in the expanded company and all RMG staff will stay on with the new entity. This unification...
First Uranium to lay off 1,850 employees at South African mine
First Uranium said it plans to lay off up to 1,850 employees at its Ezulwini Mine in South Africa.
