Is the double dip upon us? Markets, gold and commodities plunge

The latest falls in the markets and gold and commodity prices are raising the fear factor among investors as worries about a double dip recession resurface.

mineweb - daily news headlines | February 5, 2010 | 5:55 am

U.S. miners unlikely to repurchase shares, increase dividends until economic recovery well established – S&P

S&P expects U.S. mining credit quality to stabilize, but that recovery in the sector "will be relatively slow and uneven."

mineweb - daily news headlines | February 4, 2010 | 11:52 pm

New MSHA program to focus more attention and enforcement during mine

U.S. mine safety watchdog, MSHA has unveiled an enforcement program to help prevent mine fatalities.

mineweb - daily news headlines | February 4, 2010 | 10:42 pm

Sandvik wins major Pascua Lama gold mine sales contracts

Drills, loading and transportation equipment and crushers are to be delivered to Barrick's huge Pascua Lama gold/silver mine on the Chile/Argentina border by Swedish headquartered Sandvik.

mineweb - daily news headlines | February 4, 2010 | 10:25 pm

New technology to be displayed at bauma 2010

Exhibitors are already gearing up for bauma 2010 - teh world's largest display of constructrion, mining and tunnelling equipment

mineweb - daily news headlines | February 4, 2010 | 12:52 pm

Global miners set to report sharp slide in half year profits

Looking forward investors will be looking for signs from miners that Chinese demand is holding up and that the US is beginning to recover

mineweb - daily news headlines | February 4, 2010 | 8:00 am

Sandvik posts surprise Q4 loss

The machinery and tool maker said the loss was caused by unexpected writedowns and restructuring costs

mineweb - daily news headlines | February 4, 2010 | 7:53 am

Despite ongoing strike action Vale plans to restart Sudbury operation

The company will use contract employees to restart a mine and boost production at another

mineweb - daily news headlines | February 4, 2010 | 1:27 am

USGS says bleak 2009 economy cut U.S. mineral production value by 22%

Despite the global economic recession, Nevada gold again proved itself the champ in U.S. nonfuel mineral commodities last year with Arizona copper mines following close behind, a USGS report revealed.

mineweb - daily news headlines | February 3, 2010 | 11:47 pm

Commodity prices to continue rising throughout 2010, but at a slower rate – BarCap

Continued growth in China and the further financialization of the commodity sector, along with growing supply constraints should mean a continued run for commodity prices

mineweb - daily news headlines | February 3, 2010 | 8:54 am

Newmont chief opens Boddington mine, believes gold could hit US$1,350/ounce this year

The president of global gold mining giant Newmont Mining Corporation warmed the hearts of Western Australians by officially opening the State's biggest ever gold mine and also pleased the gold bulls with a forecast on the precious metal's price.

mineweb - daily news headlines | February 3, 2010 | 7:10 am

Officials believe one of the largest gold resources in the world lies within BC

British Columbia is Canada's largest copper producer, only moly miner, and largest coal exporter. The province may also be host to one of the world's largest gold resources.

mineweb - daily news headlines | January 19, 2010 | 12:32 am

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