FAST NEWS
MINE ACCIDENT

Harmony halts Evander ops after death

Wednesday , 10 Mar 2010
A worker was killed in a rockfall at the South African gold miner's Evander No. 8 shaft; the group says it is nclear when output will resume
RUMOURS QUASHED

No plans to build new coal terminal - Transnet

Wednesday , 10 Mar 2010
Despite comments from industry sources at a conference in Mumbai, transnet said South Africa's National Port Authority was not in talks to build a new coal terminal
MINING IN THE DRC

Freeport-McMoRan close to agreement with DRC to expand Tenke Fungurume - CEO

Wednesday , 10 Mar 2010
The miner has already begun mining at the site but expansion of the second phase has been held up by a decision by the DRC government to review all mining contracts in the country
GOLD AND INFLATION

Gold likely to benefit from inflation - Newmont CEO

Tuesday , 09 Mar 2010
While accommodative monetary policy has helped the world back onto its feet, there is a cost involved
GOLD MARKET UPDATE

Weaker dollar needed for range-bound gold to break free

Tuesday , 09 Mar 2010
Gold slipped in early trade on Tuesday as early bargain hunting subsided
JV DEALS

B2Gold, AngloGold Ashanti to complete talks on Colombia project next quarter

Tuesday , 09 Mar 2010
The joint venture partners need to discuss further exploration of the Gramalote project
CHILEAN EARTHQUAKE

Codelco smelter back up after quake

Tuesday , 09 Mar 2010
A spokesman for the Chilean miner said the El Teniente smelter was up and running again
STRIKE ACTION

New strike planned for Buenaventura mines

Tuesday , 09 Mar 2010
Workers at the mines owned by Peru's largest precious metals miner plan to strike on March 24th in the hope of gaining a larger slice of profits
COPPER MARKET UPDATE

LME copper up but, Shanghai metal trade cautious ahead of Chinese trade numbers

Tuesday , 09 Mar 2010
Analysts are waiting to see how the market interprets copper import numbers
PDAC CONVENTION

Terrane to focus on gold, spin off copper-moly project

Tuesday , 09 Mar 2010
CEO Rob Pease said the group is hoping to position the company as a gold producer and so will spin off its Berg project
NICKEL OUTLOOK

Minmetals says nickel outlook too dim to reopen Avebury mine

Tuesday , 09 Mar 2010
CEO Andrew Michelmore says he can't see current prices being sustained for long enough to open the mine that was shut in 2008
COAL EXPORTS

South Africa to build new thermal coal export terminal near Richard's Bay - sources

Tuesday , 09 Mar 2010
Two junior coal miners have been pushing for the terminal to be built to enable more small BEE miners to export their own coal
CUTTING FISCAL DEFICIT

Sources expect NMDC sale to raise up to $2.56bn

Monday , 08 Mar 2010
India has set a price range for the offer at a discount of 13-25% to Monday's closing price
COPPER MARKET UPDATE

Shanghai copper up on US jobs data

Monday , 08 Mar 2010
Prices of the metal built on gains in the previous session as positive sentiment around the metal was given a boost by the better-than-expected economic numbers
TRADING ACTION

Trade in Atlas Iron shares halted

Monday , 08 Mar 2010
Shares in the Australian miner were placed in a trading halt by the stock exchange pending a potentially material announcement
IRON PRICES

Vale planning to almost double iron prices for Brazilian steelmakers - report

Friday , 05 Mar 2010
Some say the move could set a baseline for benchmark talks with China
NEWSPAPER REPORT

Newspaper claims India likely to offer big discount on NMDC share sale

Friday , 05 Mar 2010
The Economic Times citing unnamed sources said the floor price for the follow-on share sale could be 30 to 35% lower than the market price
GOLD MARKET UPDATE

Gold hovers slightly higher ahead of US jobs data

Friday , 05 Mar 2010
Gold followed the euro higher in thin trade as investors and analysts wait for US data that is expected to show an increase in job losses
INVESTOR HUB: Gold / Copper

   


TOP STORIES

GOLD WEEKLY

Gold ETFs stand to gain as bigger investors look to gold as an alternative currency

Wednesday , 10 Mar 2010
As investors focus more and more on sovereign risk issues so gold stands to gain
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