July 24, 2011 Is platinum undervalued When it comes to investing in precious metals, most investors tend to focus on gold and silver. With gold in the midst of a multi-year bull market, and trading at…
July 24, 2011 Metals-Energy Update: Zinc shines; gold and silver looks promising At the beginning of the week, commodity markets the world over were eying the Euro summit. At MCX, speculations of a failure saw precious metal prices rise whereas the base…
July 24, 2011 Strike extended at copper mine Workers at the world's biggest copper mine in northern Chile downed their tools over the weekend as part of an indefinite strike over unmet contract demands. About 2,300 workers of…
July 24, 2011 Weir holds mining screen training event Weir Minerals’ first-ever international internal screen training conference got underway in mid-July in Bedfordview, Johannesburg, with about 20 Weir delegates from the USA, Europe, Brazil, Peru, Chile, India, Australia and…
July 24, 2011 Namibia’s diamond sector exempt from planned mining tax hike Namibia's Ministry of Finance has announced plans to raise its mining tax by 17 percent, though the increase will not apply to the diamond sector. The ministry said in a…
July 24, 2011 Zimbabwe government rejects all 175 foreign miners’ empowerment plans The government of Zimbabwe has rejected all 175 of the empowerment proposals submitted by foreign-owned mining companies operating in the country, threatening to "kick them out" if the don't revise…
July 24, 2011 DBCM faces workers’ strike over wage disputes Members of South Africa's National Union of Mineworkers (NUM) employed by De Beers Consolidated Mines (DBCM) began striking on Friday evening after wage talks between the two parties failed earlier…
July 24, 2011 Sea Diamonds Keep Hytec Busy HYTEC Cape Town has recently been awarded a large contract by De Beers Marine Namibia for the refurbishment of the mining system hydraulics on one of the mining giant’s offshore…
July 24, 2011 SA braces for massive coal strike About 150 000 South African coal workers seeking 14% wage increases plan to walk off the job from Sunday in a strike that could dent exports and hurt power supplies…
July 24, 2011 Synalloy Corp announces Q2 2011 results Synalloy Corporation, a producer of stainless steel pipe, fabricator of stainless and carbon steel piping systems, and producer of specialty chemicals, announces that the second quarter of 2011 produced 59%…
Precious metals craze prompts China fund to turn away investors UBS SDIC Fund had become increasingly concerned that investors could be exposed to heavy losses should a record-breaking bull market suddenly turn. December 27, 2025 | 08:00 am