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By: Matthew Hill
 
Shares in Canada’s Nevsun Resources shed around 30% of their value on Tuesday, after the company slashed its 2012 gold output guidance by half, saying it had over-estimated parts of its Eritrean mine’s resources. Bisha produced 379 000 oz of gold in 2011, and Nevsun expects 2012 output to be between 190 000 oz to 210 000 oz , it said.
 
 

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Published: 3rd February 2012
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COVER STORY

Energy storage trend expected to boost vanadium – American Vanadium

By: Martin Creamer
The vanadium market, which has been in a state of oversupply for the past decade, may be transitioning towards an extended...
 
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Vale’s foreign focus is on Africa, Asia a key market – CEO

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BULL IN COPPER SHOP

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Anglo American group company Kumba Iron Ore rolled this giant Unit Rig Mark 36 haul truck into Johannesburg last week to remind...
 
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