MINING.COM

Quick gold mine closures not expected despite bullion’s fall

Bullion's slump to a five-year low this week is heaping new pressure on an already stressed gold mining industry but mine closures are not expected to happen quickly as operators instead try to reduce costs to keep operations going.

Michael Allan McCrae | July 21, 2015 | 3:47 pm

Canada’s mine ministers meet in Halifax

Getting through the downturn.

Michael Allan McCrae | July 20, 2015 | 5:34 am

Nevermind the machines how about paying attention to the minerals?

"There are probably 300 data points available around a typical truck or shovel at a mine site. Not one of those data points relate to the value of that asset being carried."

Michael Allan McCrae | July 15, 2015 | 3:48 am

Wellgreen Platinum’s above ground advantage

"I think in general the investor who are interested in a development stage company tend to be the same group of investors. But if they are looking for that allocation in PGMs, they don't have many options to look at outside of South Africa or Russia. It means there are small group of companies who are our peers."

Michael Allan McCrae | July 14, 2015 | 4:32 am