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Miningmx: Headline News

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Posted 2 days ago
Physical demand for gold falls 16% as the price hit a record high of $1,030/oz during the first quarter. The value of demand, however, shows a remarkable increase.
Tags: gold


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Posted 2 days ago
Gold Fields increases its stake to 19.9% in Sino Gold, which has plans in place to be a 500,000 oz producer by 2010.
Tags: gold


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Posted 2 days ago
The debate over how to mine safely in South Africa rages on, with some blaming the bonus payment system for performance as a major contributor to unsafe working practices. But the matter runs deeper t


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Posted 3 days ago
South Africa's platinum junior wants to remain black controlled, a challenge that will be difficult to meet as it faces fund raising totalling R5.6bn ahead of digging the Frischgewaagd-Ledig mine.
Tags: platinum


Posted 3 days ago
There are logical clusters for consolidation in the South African junior platinum sector.
Tags: platinum


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Posted 3 days ago
Junior mining companies bringing new platinum projects on stream have to look at generating their own power, but this will add to capital costs. There appears to be very little faith in Eskom's abilit


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Posted 6 days ago
Petra will decide in a year, after a $22m exploration programme in Angola, what to do with the assets that BHP Billiton walked away from, company executives said.


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Posted 6 days ago
Difficulties in raising funds towards exploration is likely to drive consolidation on the junior diamond sector.


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Posted 1 week ago
Uranium prices are seen as soft over the next 18 months before recovering over the next three to five years, says Uranium One acting CEO Jean Nortier.
Tags: uranium


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Posted 1 week ago
Increased production on the back of improved grades and tonnages combine with improved PGM prices to generate profit at Eastplats as it moves ahead with growth projects.


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