Posts by Mineweb:

U.S. copper futures sustain biggest quarterly loss in 3 years

U.S copper futures lost more than a quarter of their value in the July to September period, their largest drop since Q4 2008 U.S. copper futures sustained their biggest quarterly loss since the height of the financial crisis three years ago, as growing

Harmony Gold restarts majority ops at Evander mine

The gold miner said has restarted most of the operations at its Evander mine in South Africa's Mpumalanga province that was shut following fatalities at the operation early this week. Harmony Gold, South Africa's third-largest gold miner, said on

Gold falls to one-month low in commodities sell-off

Gold prices fell to a one-month low on Friday to $1,719.29 a troy ounce, having earlier traded as low as $1,715.94, hit by a sell-off in the commodities complex as the dollar pared earlier falls. Gold prices fell to a one-month low on Friday, hit by a

Coal exports steady, no signs of recession – CN Rail CEO

Canadian National Rail CEO Claude Mongeau said Thursday coal exports, rail volumes have been steady and show no signs of a double dip recession, but years of sluggish economic growth are expected. (Reuters) - Canadian National Railway Co sees no drop in

Peru’s Congress approves raised mining taxes and royalties

Peru, a top global producer of precious and base metals, expects $42 billion in mining investments over the next decade and Congress has approved new legislation that will see miners pay royalties of between 1% and 12% of their operating profits. Author:

Paladin restarts production at Malawi uranium mine

The Australia-based miner has restarted uranium production at its Kayelekera mine in Malawi as scheduled following upgrade work. (Reuters) - Uranium producer Paladin Energy Ltd said on Friday production had restarted at its Kayelekera mine in Malawi as