Video: Gold mining faces a cliff after 2025, CRU analyst predicts
Global gold production will peak at about 3,250 tonnes (105 million oz.) next year, according to CRU's Oliver Blagden.
A National Union of Mineworkers (NUM) leader was gunned down Monday morning close to Lonmin’s (LON: LMI) Marikana mine in South Africa, the same place where last year’s violent strike started after police killed more than 34 striking miners.
The victim, reports AFP, a female union official in her 50s, is presumed to be the latest casualty of a deadly battle for supremacy between rival unions at the platinum mine, which has led to several shootings over the past year.
Lonmin’s shares dropped for the first time in three days, losing 2.4% percent to 342.10 pence by 8:28 a.m. ET.
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