Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.
Sashnee Moodley:
This week:
The Fed hike could knock gold price down to $1 000/oz
Banks offer up R12-billion in Transnet deal
And, Lets rebuild mining together says Rick Menell
A raising of US interest rates in December could knock gold back to a level of $1 000/oz
Goldfields CEO Nick Holland
Transnet has announced the successful conclusion of a R12-billion club loan with five of the country’s major financial institutions
Transnet acting group CEO Siyabonga Gama
South Africa has done everything to make running mining businesses very difficult, despite having great mineral resources and many major capitalised mining enterprises, says Rick Menell.
Mining Thought Leader Rick Menell
Sashnee Moodley:
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