South Korea’s POSCO mulls joining $1.3bn GTT bid

The company said Monday it had been approached by the sale's advisor about participating in the $1.3 billion bid for French engineering company GTT but stated that talks were at a very early stage.

Mineweb | January 16, 2012 | 11:12 am

$10,000 gold predictions strain credibility

According to the Toronto Star, some of the more excessive gold predictions are not all they add up to be.

Mineweb | January 16, 2012 | 9:47 am

Will gold’s safe haven status be re-established in 2012

Gold's best chance for success should occur when the European debt drama has been aggressively dealt with by Europe's central bank and political leaders - Clif Droke says.

Mineweb | January 16, 2012 | 9:42 am

Good African gold and copper mining juniors offer serious opportunities: Welch

Recent trips to Africa have bolstered Chris Welch's conviction that mining plays in Africa are being overlooked, but it's not too late for investors to get in on the ground floor.

Mineweb | January 16, 2012 | 8:15 am

Eurometeaux gears up for EU carbon tax talks

The metals lobby group is gearing up to meet with the European commission at the end of January to persuade it to grant the sector full exemption from the indirect carbon costs embedded in electricity prices.

Mineweb | January 16, 2012 | 7:56 am

Severstal to proceed with Nord Gold GDR listing

The Russian steelmaker said Monday it will proceed with a planned listing of its Nord Gold mining unit in London after investors representing 10.6% of the share capital in the business participated in a share swap.

Mineweb | January 16, 2012 | 7:54 am

Tin Market to trade between US$20,800-US$21,000 this week

Dealers on the Kuala Lumpur tin market say the price of tin is likely to continue the strong performance that began last week with the bulk of demand coming from Europe

Mineweb | January 16, 2012 | 7:28 am

Peru’s Dec Cabinet shuffle boosts presidents’ approval rating

According to an Ipsos Apoyo poll, President Ollanta Humala's Cabinet shuffle following fierce protests against Newmont Mining's Conga project lifted his approval rating as it rose to 54% in January.

Mineweb | January 16, 2012 | 7:13 am

China launches first physical iron ore trading platform

The country hopes the new platform will help strengthen its pricing power and wrest control from Vale, BHP Billiton and Rio Tinto, which between them control three quarters of global seaborne ore supplies.

Mineweb | January 16, 2012 | 7:10 am

Pan Pacific plans to resume Saganoseki smelter in a month

Japan's largest copper smelter said Monday it aims to resume its Saganoseki copper smelter in about a month, after a fire damaged facilities and forced it to halt operations on Jan.7.

Mineweb | January 16, 2012 | 7:07 am

China’s largest steel company 2011 profits dive 43%

Baoshan Iron & Steel Co Ltd, China's biggest listed steelmaker, said on Saturday its 2011 net profit fell 43.4 percent to 7.3 billion yuan ($1.2 billion).

Mineweb | January 14, 2012 | 1:42 pm

Markets comfortable again with gold

While dollar prices for gold slipped on Friday morning, measured in euros gold rose throughout the morning session.

Mineweb | January 13, 2012 | 5:15 pm

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