S&P holds DR Congo rating at CCC+, lowers outlook to stable

A doubling of mill processing capacity at the CSH Gold Mine in Inner Mongolia is credited for a 51 percent increase in gold production at China Gold International Resources Corp. (TSX:CGG) in the first quarter.

Saying that just over 20% of miners had met the black economic empowerment criteria is to tun a blind eye to the progress members have made so far, claims the ming group.

In this interview with The Gold Report, he suggests some companies with resources that not only make sense but could make even more sense to larger companies.

Demand fears continue to restrict the extent of upside moves, whilst supply disruptions at the mine level have more recently provided a floor to prices following the early-year sell-off.

The recurring phenomenon — a warming of the Pacific Ocean as part of a complex cycle linking atmosphere and ocean — has in the past affected mine output, triggering price spikes.

The bank says Anglo could use the funds it gets for dividends and to invest in its much stronger sectors, copper and diamonds.

The country's armed forces raided 63 illegal mines operated by leftist guerrillas, blowing up machinery and arresting dozens.

Mancini advises investors to go for the best of the best: gold miners with cash flow, great balance sheets, low costs and good management.

Jean-Sébastien Jacques thinks it will take three to four years for thermal coal prices to recover.