Many analysts just don’t understand gold and silver investment

Market strategist Robert Griffifths reckons that many Western analysts and journalists just don't understand the driving forces behind gold and silver investment

Mineweb | February 18, 2011 | 6:17 pm

Smelter shutdown to cut Vale nickel production 5%

The Brazilian miner said on Friday it will lose 5% of its total nickel production for 2011 as a result of a 16-week shut down of a smelter furnace in Canada Brazilian miner Vale said on Friday it will lose around 5 percent of its total 2011 nickel

Mineweb | February 18, 2011 | 6:08 pm

Ruling on misleading information by Fortescue overturned

Andrew "Twiggy" Forrest may face directorship ban following the overturning of an earlier court case by the Australian Federal Court Today proved to be a day of champagne followed by flat beer for the chief executive of Fortescue Metals Group Ltd (ASX:

Mineweb | February 18, 2011 | 12:47 pm

AMEC awarded major Chilean iron ore EPCM contract

Compañía Minera del Pacífico has awarded the EPCM contract or its Cerro Negro Norte iron ore mining projects to international engineering firm AMEC International engineering and project management company, AMEC, has been awarded an engineering,

Mineweb | February 18, 2011 | 12:47 pm

Anglo American reports jump in net profit to $6.54bn

The group announced better-than-expected results for the year on the back of higher prices and said it remains positive about the outlook for commodities markets. Anglo American (AAL.L: Quote) (AGLJ.J:Quote), the world's fourth-largest diversified miner,

Mineweb | February 18, 2011 | 8:32 am

Macarthur Coal cuts sales forecast because of floods

The Australian miner said annual sales could fall by around a fifth as a result of the heavy flooding that in the country that affected some of its collieries Australian miner Macarthur Coal's annual sales could fall by around a fifth

Mineweb | February 18, 2011 | 7:48 am

Japan: BHP seeks move to monthly metallurgical coal prices

The Anglo-Australian company wants to benefit from higher prices for steel-making coal, the business daily said, adding steelmakers oppose the switch, fearing frequent price changes would make production costs more volatile.

Mineweb | February 18, 2011 | 7:48 am

Merger recommendation expected by Southern Copper by summer

Mexico's Southern Copper sees recommendation for merger with US copper miner Asarco by mid-year. LIMA (Reuters) - Southern Copper Chief Executive Oscar Gonzalez said on Thursday he expects to have a recommendation from an independent committee evaluating

Mineweb | February 18, 2011 | 7:29 am

Cliffs shares jump 10% on better-than-expected profit

Cliffs Natural Resources CEO says the growth in profits came on the back of the group’s move to increase exposure to global […]

Mineweb | February 17, 2011 | 11:19 pm

Crescent takes safety step and suspends WA gold operations as cyclonic rains hit inland goldfields

Temporary suspension of Laverton (WA) mining operations due to cyclone-related rains Crescent Gold Limited (ASX: CRE, TSX: CRA) advises that as a safety precaution, it has temporarily suspended operations at the Company's wholly-owned Laverton Gold.

Mineweb | February 17, 2011 | 6:55 pm

Declining ore grades keep Yanacocha gold output down

Newmont/Buenaventura major Peruvian gold mine, Yanacocha, saw 2010 gold sales well below 2009 due to declining grades, but higher gold price compensates LIMA

Mineweb | February 17, 2011 | 8:11 am

Obama Administration calls for 5% royalty on gross proceeds of mines

The Obama Administration has called for a hardrock mining royalty and a new hardrock AML fee, along with other fees and tax […]

Mineweb | February 16, 2011 | 5:46 pm

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