MINING.COM

$16 trillion of platinum could be extracted from seawater

Space mining start-up Planetary Resources President, Chris Lewicki, made more than one eyebrow rise Wednesday as he wrote in his blog that there are about $16 trillion worth of platinum waiting to be extracted in our Earth’s oceans.

Cecilia Jamasmie | October 31, 2012 | 5:12 pm

New oil, gas and mineral discoveries boost African economies growth — World Bank

Despite setbacks in the global economy, sub-Saharan Africa is expected to grow at 4.8% in this year, broadly unchanged from the 4.9% growth rate registered in 2011 and largely on track, according to the World Bank’s latest report.

Cecilia Jamasmie | October 30, 2012 | 10:33 am

Mounties turn to ‘diamond cop’ to deal with smuggling of gemstones and drug dealers’ treasures troves

The Royal Canadian Mounted Police (RCMP) have appointed a special "diamond cop" to combat the smuggling of gemstones and precious metals as the illegal trade flourishes on the back of demand from drug dealers.

Marc Howe | October 30, 2012 | 2:41 am

Anglo American Platinum offers bonus to bring back miners

South Africa’s Anglo American Platinum (Amplats), the world’s largest platinum producer, has offered to reinstate 12,000 miners fired in early October for illegally striking and pay them a $230) “hardship allowance” if they return to work by Tuesday morning.

Cecilia Jamasmie | October 29, 2012 | 5:03 pm

French scientists transform H20 into gold

Scientists from France's Ecole Polytechnique have developed a remarkable new technology which extracts trace amounts of gold from industrial waste water.

Marc Howe | October 28, 2012 | 11:09 pm

Police fire rubber bullets to disperse clashing union workers in South Africa

Unrest in South Africa has cost the country R3.1bn (US$350 million).

Michael Allan McCrae | October 27, 2012 | 9:39 pm

Cynthia Carroll yields to pressure and leaves Anglo

Where there is smoke… After several reports of Anglo American’s (LON:AAL) shareholders disappointment at both the company’s overall performance and her CEO, Cynthia Carroll, she has finally left the company.

Cecilia Jamasmie | October 26, 2012 | 4:09 pm

South African unions sign deal with gold companies

The South African National Union of Mineworkers and two other unions signed Thursday a deal with industry body the Chamber of Mines (CoM), agreeing to a new pay structure for the strike-hit gold mining sector.

Cecilia Jamasmie | October 25, 2012 | 5:26 pm

AngloGold Ashanti fires 12,000 South African striking miners

AngloGold Ashanti Ltd. (NYSE:AU), South Africa's largest gold miner by output, said Wednesday it has began to dismiss about 12,000 of its striking workers, joining this way an increasing list of mining companies that have sacked workers in an effort to end crippling strikes.

Cecilia Jamasmie | October 24, 2012 | 5:03 pm

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$16 trillion of platinum could be extracted from seawater

New oil, gas and mineral discoveries boost African economies growth — World Bank

Mounties turn to ‘diamond cop’ to deal with smuggling of gemstones and drug dealers’ treasures troves

Anglo American Platinum offers bonus to bring back miners

French scientists transform H20 into gold

Police fire rubber bullets to disperse clashing union workers in South Africa

Cynthia Carroll yields to pressure and leaves Anglo

South African unions sign deal with gold companies

AngloGold Ashanti fires 12,000 South African striking miners

Rhodium

1 Week

1 Month

3 Months

6 Months

1 Year

5 Years

Historical

Gold

USD/ozt

Silver

USD/ozt

Platinum

USD/ozt

Palladium

USD/ozt

Iridium

USD/ozt

Ruthenium

USD/ozt

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