Platinum price back above $1,000 on South Africa wage deal
Comprehensive wage agreement brings stability to South Africa platinum industry, responsible for more than 70% of world output.
Latest Stories
Atlas Copco goes cabless
Atlas Copco has just introduced the PV 275 CA, which is a fully autonomous and cab-less Pit Viper 275 blasthole drill.
Boart Longyear presents hands-free rod handling drill
Rod-handling is the number one cause of injuries and other injuries in drill sites.
Canada’s Quebec injects $130M into Tata Steel Quebec-Labrador iron ore project
Financing consisted of a loan of $50 million from Investissement Quebec along with $125 million for an 18% equity stake in TSMC through Ressources Quebec.
Chinese coking coal futures hit the roof
The most-traded coking coal for January delivery on the Dalian Commodity Exchange soared 10% to 1,516 yuan ($224) a tonne, a record high.
World’s largest gold project just got rather expensive
Updated study shows it would cost $5 billion, or over 20% of Barrick Gold's current market value.
Weak commodities put infrastructure growth in emerging markets at risk — BMI
Countries heavily reliant on their extractive sectors need to step up efforts to lure investors or they will see their infrastructure sectors stalled, warn analysts.
Centerra expects more gold from Kumtor, but issues still loom
The miner increased gold output guidance for the mine to 520,000 to 560,000 ounces and lowered all-in sustaining cost forecast to $666 – $718 per ounce.
Lucapa soars on record sales from Angola mine
The stock jumped after it announced it had fetched $8.3 million for 1,864 carats of rough diamonds from its Lulo project.
