US PGM investment seen out of favour on weak economy

Demand for US platinum and palladium investment products has held firm so far in 2012, but the platinum group metals' heavy industrial uses and lingering fears over economic slowdown could push them off institutional investors' radar screens. A...

Aquarius shares fall as quarterly output drops 7%

Johannesburg- and London-listed Aquarius Platinum on Monday reported a 7% quarter-on-quarter production drop as ongoing Section 54 safety stoppages, seasonal absenteeism, labour ‘go-slows’ and poor ground conditions negatively impacted...

Kibali gold project, Democratic Republic of Congo

The Kibali project, located in the Democratic Republic of Congo’s north-eastern Orientale province, could potentially be one of the world’s largest gold mines.

Company Announcement: How green is your bottom line?

It’s February and never too late to commit to making a positive change. While businesses focus on their bottom line and compile annual reports of their financial results there is increasing pressure to also start reporting on the company’s...

Iron Ore-Upturn stalls on slow China steel market

SINGAPORE - Iron ore steadied on Wednesday after a recent spike in spot prices spurred caution among buyers who are worried a slow steel market in top consumer China cannot justify sustained gains in prices of the raw material. Offers for...

Nkwe expects resolution around farm dispute shortly

Embattled platinum developer Nkwe Platinum on Wednesday reported that it was hoping to resolve an ownership dispute regarding its platinum group tenements in South Africa, within the next two weeks. During December last year, Nkwe and its...

Co-O production guidance revised - Medusa

ASX-listed Medusa has revised its production guidance for the financial year, despite reporting an increased gold production at its Co-O mine, in the Philippines, compared with the previous quarter. Gold production for the three months ended...

Doyle undaunted as potash demand dips

Markets for potash might have seized up at the end of last year and into 2012, but demand will likely bounce back equally quickly, Potash Corp CEO Bill Doyle said on Thursday. “This business turns on a dime,” the head of the world’s biggest...

Queensland miners worried about global outlook

A possible global economic downturn associated with debt issues in the eurozone has been labelled as the biggest concern facing Queensland miners in the new year, the Queensland Resources Council (QRC) said. In its CEO Sentiment Index in the...

Weatherly lifts copper production despite downtime

Namibia-focused Weatherly International increased its copper concentrate production by 14.2% to 5 714 t and lifted its contained copper output by 10.9% to 1 421 t in the second quarter of the 2011/12 financial year. Weatherly’s Matchless mine,...

Company Announcement: Lawrence Roulston on Why To Buy West African Iron ore

WAI is exploring two large iron ore concessions in Guinea, West Africa. Other companies, including one of the majors, are developing iron mines in Guinea. WAI will benefit from the infrastructure developed for those mines.

Company Announcement: Fish And Marine 2012

Exhibition Management Services (EMS), organisers of Fish & Marine Africa 2012, has announced the postponement of the expo, which was scheduled to take place from 13 to 15 March this year in Cape Town.