S.Africa’s Implats in talks to sell 1 Shaft operation in Rustenberg

Anglo’s assets up for grabs include three mines and a smelter valued at $1 billion.

Kaiser believes the easiest way to bolster the sector, which exists to provide capital to find and develop new mines, is to abolish Accredited Investor Exemption rules that currently restrict non-rich people from giving money directly to the treasuries of these companies.

Neil Adshead is constantly scouring the field of junior exploration stocks as an analyst at Sprott Asset Management LP. I took advantage of his visit to our San Diego office to ask him a few questions.

Today the company announces the next strategic claim it is bringing to market – an approximately 39 square kilometer claim located 70-75 kilometers from Cusco and potentially the first gabbroic PGM claim in Peru or South America that includes platinum and palladium.

Minas Rio.

Of 35 analysts polled by the London Bullion Market Association Ross Norman of Sharps Pixley is most bullish at $1,321, but 5 others see a dip below $1,000.

The technique, known as biomining, is already being tested here on Earth as a sustainable treatment of ores and mine waste.

The smart money is waiting for fire sale prices before jumping into metals and mining. Or worse; has simply lost interest in the sector.

The firm became the first major mining company to openly accept the toll that slumping commodity prices are taking on the global industry.