GOLD 1295.03 $/ozChange: -0.17
PLATINUM 1478.50 $/ozChange: 1.00
R/$ exchange 10.67Change: -0.06
R/€ exchange 14.29Change: -0.05
 
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Mining Personality

Thabo Gumbi

Main Activity of the Company: Unlocking human potential and serving mines, mineworkers and community Date and Place of Birth: May 10, 1981, Soweto, Johannesburg Education: Elsie Ngidi Primary School, Chiawelo, Soweto; Siyamukela High School,...
20th June 2014
 
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GOLD PRICE MANIPULATION

Barclays Bank trader Daniel Plunkett, 36, saved Barclays £2.3-million ($3.9-million) by deliberately pushing the gold price down on June 28, 2012, the UK’s Financial Conduct Authority (FCA) has found. The slap-on-the-wrist fine of £26-million...
6th June 2014
 
EDITORIAL INSIGHT

Full transparency needed in gold, platinum price determinations in wake of UK manipulation disclosure

Full transparency is needed in the determination of the gold price and platinum price following the worrying manipulation finding of the UK’s Financial Conduct Authority (FCA) in the case of gold. To restore credibility, a bright searchlight...
30th May 2014
 
GOLD

Full transparency needed in gold, platinum price determinations

Full transparency is needed in the determination of the gold and platinum prices following the worrying manipulation finding of the UK’s Financial Conduct Authority (FCA) in the case of gold. To restore credibility, a bright searchlight needs...
26th May 2014
 
PLATINUM-GROUP METALS

Two palladium ETFs list on JSE within one week

PRECIOUS METALS INVESTMENT
Investors are also constantly aiming to diversify their portfolios and investing in precious metal commodities helps facilitate this
An increase in demand for precious metal exchange-traded funds (ETFs) from institutional investors has resulted in the listing of two palladium ETFs on the JSE in one week.
18th April 2014
 
EDITORIAL INSIGHT

Mozambique coal train attack, R200m Evander gold project, dump retreat, closure vision

Concern over Vale Mozambique coal train attack; R200-million project to recover gold from dumps; vision for profitable rehab of dumps for postmining economy.
11th April 2014
 
GOLD

Pan African board approves R200m Evander tailings retreatment project

Following the acquisition of the Mpumalanga-based Evander Gold Mines from Harmony Gold in March last year, dual-listed Pan African Resources on Friday announced that the construction of its R200-million Evander tailings retreatment project (ETRP)...
28th March 2014
 
NEW REPORT

Creamer Media publishes African Mining Roundup research report

This month’s report includes details of metals explorer Legend Mining’s share sale and debt assignment agreement with a subsidiary of Jindal Steel and Power to divest of its interest in the Ngovayang iron-ore and gold project, in Cameroon;...
9th December 2013
 
MANGANESE

Determined Daphne still set on realising her manganese smelting dream

President Jacob Zuma last Friday launched the Stanley Nqobizizwe Nkosi manganese sinter plant near Hotazel, in the Northern Cape, marking the latest high point of Daphne Mashile-Nkosi’s long walk to emancipating manganese from the sole preserve...
6th December 2013
 
MANGANESE

Determined Daphne still set on realising her manganese smelting dream Video Available

Martin Creamer and Daphne Mashile-Nkosi President Jacob Zuma last Friday launched the Stanley Nqobizizwe Nkosi manganese sinter plant near Hotazel, in the Northern Cape, marking the latest high point of Daphne Mashile-Nkosi’s long walk to emancipating manganese from the sole preserve...
6th December 2013
 
All

Liqhobong diamond project, Lesotho Restricted

Absa Bank has received approval from its credit committee to provide Firestone Diamond’s 75%-owned subsidiary Liqhobong Mining Development Company with up to $82.4-million in debt finance.
29th November 2013
 
All

Ngezi platinum mine expansion, Zimbabwe Restricted

Construction of the underground crusher at the portal is scheduled to start in January 2014.
29th November 2013
 
 
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