SA’s state-owned mining company launched

South Africa's president, Jacob Zuma, on Saturday officially launched a state-owned mining company under which he said all state interests in mining would be consolidated

Mineweb | February 28, 2011 | 7:49 am

Indian gold sales to soar on strong farm income

De-seasonalised demand for gold is likely to shoot up in India as agriculture income in the country soars. Farmers primed to invest […]

Mineweb | February 27, 2011 | 6:13 pm

Ngwenda Gold wins in court bid to reverse ‘hi-jacking’ of identity, assets

South African private investment company Ngwenda Gold - which holds extensive gold prospecting rights in South Africa's Free State Province - announced today that its court bid to reverse the hi-jacking' of its identity

Mineweb | February 27, 2011 | 3:35 pm

Raised silver output hikes up Minefinders Q4 profit

Minefinders’ silver production up 72%. Gold and silver output expected to rise in 2011. Q4 EPS 18 cents per share, against last […]

Mineweb | February 25, 2011 | 10:19 pm

Long term, short term, gold and silver implications still look bullish

Chart breakouts suggest that gold and silver will continue with their upwards trends for the foreseeable future according to the latest Gold Demand Trends 2010 report by the World Gold Council

Mineweb | February 25, 2011 | 1:01 pm

Big Australian mineral sands producer returns to profit

Major global mineral sands producer, Iluka Resources returned to profit in 2010, primed by a dynamic transformation in the December half year. Iluka Ltd (ASX: ILU) reported a profit for the year of A$36.1 million (US$36.53 million) aided by higher zircon

Mineweb | February 25, 2011 | 1:01 pm

Colombia: Cerrejon says coal exports remain normal after railway bomb

Coal exports from major Colombian producer Cerrejon remained on track after a bombing of a rail line in the second attack on its operations in around a month, police and the company said on Thursday.

Mineweb | February 25, 2011 | 9:05 am

MENA unrest could see gold revisit 1980s and hit $2000

In the 1980s unrest in the Middle East and a surge in oil prices, were the triggers which drove gold to record highs. The current Middle East/North Africa (MENA) unrest could see history repeat itself. It is possible to draw parallels between today's

Mineweb | February 25, 2011 | 8:57 am

Gold and copper revenues see 6% Q4 profit hike for Peru’s Buenaventura

Buenaventura's annual net income rises 12% from last year, but gold production including Yanacocha fell 17% in 2010.

Mineweb | February 25, 2011 | 8:24 am

45% decline in Japan’s copper exports over last year

Japan's Ministry of Finance data reveals drop in refined copper exports to 26,208 tonnes. TOKYO (Reuters) - Japan's refined copper exports fell 45 percent in January from a year earlier to 26,208 tonnes, for a fourth straight month of year-on-year

Mineweb | February 25, 2011 | 7:52 am

Leap in profits for Iamgold as gold production rises

Iamgold's Q4 profit jumps to $144.9 million as production rises 35%. Iamgold Corp said on Thursday its fourth-quarter profit rose as increased gold production and higher gold prices helped boost results.

Mineweb | February 25, 2011 | 7:44 am

Rio lifts force majure on two Australian coal mines

The two mines, Blair Athol and Kestrel have been under force majeure since late December, after severe flooding in Queensland.

Mineweb | February 25, 2011 | 6:23 am

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