MINING.COM

Dr Caterpillar’s chart says the global economy is going to get much sicker. And soon

But management of the equipment behemoth has stuck to their forecasts for a record-breaking year.

Frik Els | June 25, 2012 | 11:22 pm

South Africa to up the rent because nationalisation would break the bank

The African National Congress has proposed a tax to raise R40 billion: the Resource Rent Tax would take 50% of a mining company's profits that exceed 15% return on their investment.

Joshua Zapf | June 25, 2012 | 6:50 pm

Aquarius Platinum puts Everest Mine on care and maintenance

Due to an platinum market that is an “abiding surplus”, the board at Aquarius Platinum (LON:AQP) placed its Everest mine on care […]

Michael Allan McCrae | June 22, 2012 | 4:12 am

Billions wiped off metal stocks after China, EU and US deliver economic shocks

The mining sector's bellwether companies were all beaten down on Thursday as the price of metals and minerals continued to slide and economic indicators from across the globe painted a bleak picture for the mining industry.

Frik Els | June 21, 2012 | 9:20 pm

Traders with Bernanke blues sell off metals, gold drops $50

The slide in the spot price of gold triggered by disappointment over the Fed's actions – or lack thereof – yesterday accelerated in Thursday trade with the precious metal giving up $50 or just over 3%.

Frik Els | June 21, 2012 | 8:06 pm

Prophecy’s positive PEA prompts 12% gain

After announcing an economic report today, shares in Prophecy Platinum traded hands at six times their usual volume.

Joshua Zapf | June 18, 2012 | 8:41 pm

End of the supercycle is also spelling the end of radical resource nationalism

"Natural resources companies with a pipeline of, say, five projects in five different countries are now likely to build just two or three of those. Thus, executives have the power to cherry pick which combination of country and project offers the best returns."

Frik Els | June 17, 2012 | 8:32 pm

Chrome ore China tariff threat to South Africa’s platinum producers

A vital revenue stream for platinum miners — chrome ore — may be choked off if ferrochrome producers are successful in lobbying for a protectionist export tariff of $100/ton in their desperate attempt to protect their own businesses from China’s burgeoning chrome refiners.

Business Day | June 15, 2012 | 12:39 pm

Small and medium-sized miners: It’s time to dust off your hedge book

A hedging u-turn is in the making.

Frik Els | June 13, 2012 | 9:15 pm

First

Last

Applying soft-rock mining concepts in hard-rock mining

Sibanye Gold expands platinum assets by buying Stillwater in $2.2bn deal

Big drop in South Africa platinum output

Anglo American about to make key decision on South African assets sale

Palladium price rally may be overdone

Create FREE account or log in

to receive MINING.COM digests