NEWS
Gold near 2-week peak on trade tensions, growth worries
Gold prices edged lower on Wednesday, but traded near the previous session’s two-week peak as equities slipped after the International Monetary Fund (IMF) cut...
Oil hit a five-month high
Oil hit a five-month high above $71 (54.2 pounds) a barrel yesterday, supported by concern that violence in Libya could further tighten supply, although...
Ivanhoe execs brief Congo president on progress of massive copper project
Ivanhoe Mines (TSX: IVN) issued a media statement this week saying that a few of the company's top executives met with Félix Tshisekedi, the...
Don’t bet on platinum miners boosting supply on price surge
The recent jump in platinum-group metals prices is boosting miners’ profits, but that doesn’t mean they are likely to increase supply anytime soon, according...
World’s biggest platinum miner braces for tough wage talks
The world’s biggest platinum producer is preparing for tough wage negotiations as higher metal prices spur labor union demands.Talks over a new three-year industry...
South Africa’s carbon tax could cost Amplats $21m a year from 2021 – CEO
South Africa's new carbon tax could cost Anglo American Platinum up to $21 million a year from 2021 its chief executive said on Tuesday,...
Niger to pay $14.5m for 10% of GoviEx’s Madaouela uranium project
Niger’s Ministry of Mines issued a letter supporting the negotiations between Canada’s GoviEx Uranium (TSXV: GXU) and the country’s federal government regarding the Madaouela...
Firestone finds another massive diamond at Lesotho mine
Africa-focused Firestone Diamonds (LON:FDI) has dug up a 72-carat yellow, whole makeable diamond at its Liqhobong Mine in Lesotho, the second one over 70-carat it...
Gold rush along Sakubva River
HUNDREDS of illegal panners have besieged the banks of the raw sewerage-polluted Sakubva River digging for alluvial gold deposits, in a development that has...
Bubi miner plans $300k investment
BUBI-BASED gold mining operation, Waterwitch, plans to invest $300 000 in plant and equipment upgrade to increase employment figures as well as boost output...
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