0 COMMENTSActivity in the base metals sector has been dominated by the continued fall-out from the subprime crisis - this according to London-based Natixis Commodity Markets’ (NCM’s) fourth quarter metals review.
By: Irma Venter
24th October 2008
0 COMMENTSDiversified-miner Rio Tinto will spend an additional $300-million to expand and modernise its Kitimat aluminium smelter, in British Columbia, Canada, the group announced on Wednesday. Rio Tinto has now committed more than $500-million to increase...
By: Liezel Hill
22nd October 2008
0 COMMENTSWhile the long-term mining outlook remained positive, the current market upheaval provided an opportunity for a review of near-term capital expenditure and project costs, diversified mining major Rio Tinto CE Tom Albanese said on Wednesday....
15th October 2008
MINERALS & METALS
0 COMMENTSCEs of the US coal, minerals and mining equipment companies described the state of the mining industry a positive both in the US and globally, as growth in the developing world continues to fuel demand for coal, minerals and mining equipment.
10th October 2008
0 COMMENTSDon Argus, the chairperson of the world’s largest diversified miner, BHP Billiton, was confident that the longer-term outlook for commodities was strong, despite some short-term volatility. Argus said that mining stocks had seen a “significant”...
By: Mariaan Webb
16th September 2008
0 COMMENTSThe fact that some base metal prices have fallen by more than 50% in recent months, highlights the fact that investment activity in the market can turn quickly from being bullish to bearish, reports London-based Natixis Commodity Markets (NCM) in...
By: Irma Venter
12th September 2008
0 COMMENTSThe turnaround of troubled fluorspar-miner Sallies was coinciding with a dramatic surge in the spot price of the mineral to $400/t-plus, Sallies CEO Tom Dale said on Thursday. Dale said that the JSE-listed Sallies had already succeeded in...
11th September 2008
0 COMMENTSAfrica would have the highest rate of urbanisation in the next 50 years, creating ongoing demand for metals and minerals, South African Chamber of Mines economist Roger Baxter said on Wednesday. Baxter told the Mining Summit in Johannesburg that...
10th September 2008
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