Global economic improvement supports platinum price

The positive fundamentals of the improving global economic conditions might be expected to support the platinum price for 2010, reports precious metals and speciality chemicals company Johnson Matthey in its 2009 interim platinum review. However,...

Metals industry's health depends on China – research firm

China’s role was now more “pertinent” to the health of the metals industry than at any other time in the last century, with the hope for the metals industries in 2009 resting with the Asian giant, independent research firm AME Mineral...

Asia seen as holding the key to future resources – equity fund

Unlisted private equity fund, the Asian Lion Fund, on Wednesday stated that the economy had seen the end of the resources boom towards the final days of last year, and that it anticipated that margins would only deteriorate further. Asian Lion...

Rio Tinto reviews exploration strategy in the Congo and Angola

Rio Tinto Plc, the world's second-largest mining company by market value, is reviewing its exploration strategy in the Democratic Republic of Congo and Angola as it seeks to expand in Africa.

Acute concentrate shortfall sets metal price floor

A dire concentrate squeeze in the non-ferrous metals market is expected to support global prices of metals such as copper and zinc next year, Standard Bank London metal analyst Robin Bhar said.

China Olympics will boost metals demand

The largest mining company, BHP Billiton, said China’s staging of the Olympic Games in 2008 may boost Asian demand for metals used in construction, such as copper and zinc.