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EUROPE AND MIDDLE EAST

Gold best performing asset class over 6 months, 1, 3, 5 and 10 years

Thursday , 29 Jul 2010
Over the past ten years gold's annual return has been 14.3% in sterling terms, compared with 5.9% pa from bonds, 1.6% in cash and just 1.2% in real estate. Equity returns were negative.

Nyrstar announces forecast-beating profits

Thursday , 29 Jul 2010
The Zinc producer said underlying core profits had been boosted by higher smelting production and first time profits from mining operations

Very bullish on long term gold price: Pierre Lassonde

Wednesday , 28 Jul 2010
Continued debt concerns and booming demand from China is likely to further bolster investment demand but, there is potential to see casino-level pricing

Big miners expected to deliver strong results

Wednesday , 28 Jul 2010
While investors expect a more cautious tone to be sounded for the second half by the likes of Vale, Anglo American and Rio Tinto, strong demand from Asia is expected to have boosted first half earnings

Fear and panic are gold's aphrodisiacs

Wednesday , 28 Jul 2010
Analysts reckon ongoing fears over the global economic situation will lead to a continuing demand for gold in the second half of the year.

ArcelorMittal forecasts sharp Q3 decline

Wednesday , 28 Jul 2010
The steelmaker attributed its expectation to a slowdown in China, high costs and seasonal demand flows

Yesterday's Top Story: Short sellers drive down gold again

Wednesday , 28 Jul 2010
Short selling ahead of the August options expiry date seems to have contributed to a nearly 2% sell off in gold yesterday before the price steadied at the $1,160 level

Firestone Diamonds - Kopane makes great fit

Tuesday , 27 Jul 2010
Firestone Diamonds is looking to become a much more significant player in the global diamond market with its proposed acquisition of Kopane Diamond

Sterling, euro gold hits multi-month lows

Tuesday , 27 Jul 2010
The yellow metal fell as growing confidence in the outlook for markets dented safe-haven buying

ECB Gold reserves fall 123m euros in a week

Tuesday , 27 Jul 2010
Holdings fell as a result of sales by one European central bank, which outweighed purchaes by another; the sales were consistent with the latest CBGA

Norsk Hydro considering long-term aluminium supply deals

Tuesday , 27 Jul 2010
The Norwegian firm said such deals would aim to meet growing demand from car makers. It added that US demand was improving but, that it still lagged Europe

LME sees record trading in H1, now targeting Asia

Tuesday , 27 Jul 2010
The metals exchange's chief executive said the first half had been a "good six months" with trading volumes jumping 7.5%. He added the exchange has it plans to improve its warehousing systems

Copper follows Chinese market down

Tuesday , 27 Jul 2010
But, the red metal pared losses as the dollar slipped against the euro

Long-term platinum fundamentals looking good - Johnson Matthey

Tuesday , 27 Jul 2010
While prices may have fallen around 11% in recent months, there are indications that platinum could be bottoming out.

African Barrick Gold cuts full year production

Tuesday , 27 Jul 2010
The group said it had cut its guidance as a result of delays in accessing higher grade ore from its new Buzwagi mine

Xstrata production update disappoints

Tuesday , 27 Jul 2010
Ahead of results next week, the London-listed miner said mined copper output fell to 434,147 tonnes but failed to give an updated outlook

Global witness suing the UK over Congo conflict minerals

Monday , 26 Jul 2010
The lobby group said it is taking the British government to court for failing to refer companies trading in Congo 'conflict minerals' for U.N. sanctions

Solomon Capital makes offer for Metals Exploration

Monday , 26 Jul 2010
UK property developer Christian Candy's Solomon Capital has made an offer to acquire all the shares in Philippines gold-molyexplorer/developer, Metals Exploration.

The three year uranium bear market. Is it over?

Monday , 26 Jul 2010
In the early part of this century, soaring energy demand from Asian economies sparked a renaissance for nuclear power.

No negative factors for gold in sight

Saturday , 24 Jul 2010
Sooner or later, the various value drivers for gold will drive prices up further.

European steelmakers see strong Q2 but that could be as good as it gets

Friday , 23 Jul 2010
Higher costs and a still gloomy economic outlook could see the steel producers being rather downbeat about prospects for the second half of the year

De Beers produces strong results; CEO resigns

Friday , 23 Jul 2010
In a surprise announcement on Friday, the Diamond producer said Gareth Penny advised the board that he believes it is an appropriate time to step down. The group also announced a surge in H1 profits

Gold moving towards global reserve status - Gartman

Thursday , 22 Jul 2010
As eceonomic recovery begins quietly, so gold is likely to stay in a tight range till year end but, changes are afoot

Platinum prices expected to gain this year, albeit slowly

Thursday , 22 Jul 2010
As economic recovery continues gradually, analysts expect the resultant rise in demand to push up prices of the metal used predominantly in autocatalysts

Analysts expect gold prices to mark 11th year of gains in 2011

Thursday , 22 Jul 2010
In a survey released yesterday, analysts revised their 2011 gold price expectations upwards by nearly 7% from a similar poll conducted in January

Lonmin says Q3 refined platinum sales halve

Thursday , 22 Jul 2010
The miner attributed the drop to a closure at its main furnace and reiterated its full-yearsales guidance

Silver price looks set to surge

Thursday , 22 Jul 2010
With its position as a precious metal with price usually moving along with gold and as an industrial metal with many new uses silver is in a strong position to outperform.