May 19, 2015

Iron ore is not in oversupply

Only lower grade fines are oversupplied shows new research report.

May 19, 2015

Global gold, copper, iron ore output down in Q1 — report

Much of the overall decline in reported gold output was due to a significant quarter-on-quarter production declines from AngloGold Ashanti, Goldcorp, and Sibanye Gold.

May 19, 2015

Coal of Africa gets the go ahead for its Makhado Project

The miner was granted a New Order Mining Right (“NOMR”) for its flagship Makhado hard coking and thermal coal project in South Africa's Limpopo Province.

May 18, 2015

Europe set to adopt voluntary conflict mineral law

Providing proof of origin of tin, tantalum, tungsten, and gold near conflict zones voluntary under law to be adopted this week.

May 18, 2015

‘Skinny’ South32 disappoints on debut

Market valuation at lower end of expectations on worries over dearth of reserves. BHP stock falls 6%.

May 18, 2015

Platinum price at 6-week high on deficit predictions

New report highlights falling mine supply outside of Southern Africa and increased jewelry demand from China.

May 15, 2015

S. Africa chamber of mines refutes Govt. data, says members meet black ownership targets

Saying that just over 20% of miners had met the black economic empowerment criteria is to tun a blind eye to the progress members have made so far, claims the…

May 15, 2015

At least 28 Nigerian children killed by lead poisoning from illegal gold mining

Doctors found the victims had levels of lead in their blood that were 17 to 22 times higher than what it is internationally accepted.

May 14, 2015

Copper prices struggle on demand fears

Demand fears continue to restrict the extent of upside moves, whilst supply disruptions at the mine level have more recently provided a floor to prices following the early-year sell-off.

May 13, 2015

Global gold demand drops 1% in Q1, but investments jump — report

Once again Asia drove demand, with China and India alone accounting for 54% of the total.