NEWS

Gold holds near two-week high on dovish central banks

Gold edged lower, but was trading close to a two-week peak scaled in the last session as dovish U.S. and European central banks fanned...

More woes for Redwing Mine workers

It literary never rains, but pours for Redwing Mine workers who have not been paid for the past 15 months, but stayed put at...

Zim considering taking away mining rights

Zimbabwe is considering taking away mining rights from companies that are taking long to dig for minerals, Mines deputy minister, Polite Kambamura, said yesterday.Speaking...

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...

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