October 16, 2013

Is gold still a safe haven?

Owning an asset that is no-one’s obligation and has no ties to the financial system would seem to be prudent at a time like this, so why hasn’t gold performed…

October 15, 2013

Gold miners not over the hump yet—report

Whether there is more pain in store for the main gold players will be known next week, when third-quarter results start rolling out.

October 15, 2013

Friedland wants South Africa to be the ‘Silicon Valley’ for platinum

In other words, he hopes to create a “Platinum Valley.”

October 14, 2013

Prices and protests: gold miners’ war on two fronts

Gold has dropped over $500/oz and protest movements against gold miners around the world, with the help of social media, have become more prominent.

October 13, 2013

The tribe has spoken: South African miners – please leave the island!

Bernard Swanepoel offers some ideas on how miners can recover their reputation.

October 12, 2013

5,000 march against French uranium miner in Niger

Areva's contract with the Niger government covering 4,500 tonnes per year is up for renegotiation.

October 12, 2013

Illegal miners pillage copper mine in Zambia

Destroy $1.2 million driller.

October 11, 2013

Gold price dive drags down mining stocks

The gold price is now down more than 23% this year and the metal appears to be firmly in the grip of bears causing mayhem among gold mining stocks.

October 11, 2013

Gem Diamonds fetches over $12m for two of its Lesotho gems

Since Gem Diamonds took control of the Letseng mine in 2006 the mine, it has produced four of the top 20 largest white gem quality rocks on record.

October 11, 2013

Copper output to spike, but surplus to remain ‘very modest’

After seven years of almost no growth, copper supply expansion is set to average over 4% through 2016, but the market surplus is likely to remain marginal.