African Eagle is moving ahead with metallurgical testwork on its big Dutwa nickel resource in Tanzania and has contracted SGS Metallurgy of Perth to undertake this.
While not something he wants to see happen, Sprott Asset Management's John Embry says, he can't see the global financial situation improving, which has bulilsh implications for gold.
Toronto-based hedge fund manager Eric Sprott is told an investor conference on Tuesday that everyone should make room for the shiny metal in their portfolios.
Standard Bank maintains that while platinum prices over the long term are bolstered by a difficult supply outlook, over the short term, its prospects aren't as good.
Alacer Gold says the great result came largely on the back of the strong performance from its Ҫӧpler gold mine and expects to produce between 420,000 and 440,000 gold ounces in total in 2012.
The annual LBMA precious metals forecasts from a number of professional analysts are looking at a very volatile year for silver with a very big range between projected high and low.
Dented by heavy rains in Papua New Guinea and lower ore grades, the company reported a 20% fall in quarterly production Monday, in line with its recent forecast.
According to state media reports, Workers at Impala Platinum's Zimbabwean unit have gone on strike in a bid to get the miner to pay for its employees' personal electricity bills
In another article on gold confiscation, Julian Phillips reckons that this could become a reality as the decline in currency confidence makes such action inevitable.
