March 14, 2011

Tragedies and gold…

After the awful tragedy in Japan placed doubts on Japan’s financial future some media reports said the gold rose on the back of that. We could not disagree more.

March 14, 2011

Indian mining industry to face skilled manpower shortage

India, ranked among the top five global players in production of several major minerals, is poised for rapid growth in its mining industry - about five percent of the GDP.…

March 13, 2011

Worries about Japan’s nuclear reactor are overblown

Media coverage of the Japanese nuclear power plant that suffered damage after Friday’s earthquake is overblown, according to Dr. Josef Oehmen, a research […]

March 11, 2011

Uranium sector could be in for a ‘cruel blow’ after disaster in Japan

The Fukushima Daiichi Nuclear Power Plant has been in the news after the earthquake in Japan cut off the plant’s cooling system. […]

March 11, 2011

Earthquake inches up Tokyo gold futures; natural gas prices rise

The most active gold contract on the Tokyo Commodity Exchange, February 2012 , inched up after an earthquake of magnitute 8.8 struck the north coast of Japan, while the rubber…

March 10, 2011

Tata Steel expects 15% jump in raw material costs

The Wall Street Journal writes that Tata Steel Ltd. expects its raw material costs to increase around 15% in the next fiscal […]

March 9, 2011

American Manganese to benefit in a world where steel majors scramble to secure raw materials

Manganese demand is closely tied to the global steel market. While there are questions about what 2011 will offer, in terms of steel demand, especially as China appears to be…

March 7, 2011

6 bidders left in tussle for Mongolia’s Tavan Tolgoi coal deposit

ArcelorMittal, Vale and Xstrata are among six bidders short-listed to develop Mongolia's Tavan Tolgoi mine, the world's largest untapped coking coal deposit, Mongolia said on Monday. U.S. coal miner Peabody…

March 7, 2011

Thousands stranded after landslide, but mine still operational: Freeport McMorran

A landslide Saturday near Freeport McMorran's Grasberg mine left thousands of workers stranded, but was not expected to impact operations at the world's largest copper mine, a company spokesperson told…

March 4, 2011

Huge new copper gold intersection at Wafi-Golpu in PNG

Newcrest today reported a staggering intersection of copper gold - 883 metres grading 2.15% copper and 2.23 grams/tonne gold at its Wafi-Golpu project. The project is part of the Morobe…