Northland inks offtake deal with Standard Bank, plans equity raise

Northland Resources, which has iron-ore assets in Scandinavia, has signed an offtake agreement with Standard Bank plc for up to three-million tons a year and also announced over the weekend it is taking steps to secure the last piece of funding...

Integra secures higher price with Randalls mine put options

ASX-listed gold developer Integra Mining on Friday announced the purchase of put options for gold at its Randalls mine, adding that it had secured a “significantly higher” minimum price than previously anticipated, without the risk of...

Silver likely to reach $20/oz in short term - GFMS

Silver prices would likely reach the $20/oz level in the short term, as surging investment drives prices higher, precious metals consultancy GFMS forecast on Friday. The silver price had averaged at $14,06/oz for the first ten months of 2009, a...

Obama admin set to change US mining code, gold equities tipped to outperform the metal, Mongolia wooing foreign mining investments

President Barack Obama’s US administration has announced the reform of the country’s 137-year-old federal hard-rock-mining law as a top priority. US Senate Natural Resources Interior Secretary Ken Salazar says that it’s time to ensure a fair...

Daily podcast – July 16, 2009

In today's podcast: the US commerce secretary plans to bring up "fair treatment" for employees of foreign companies in meetings with Chinese officials; and gold equities are likely to significantly outperform the gold price in the second half of...

Gold equities to outperform the metal in 2009 - Investec Asset Management

Gold equities were likely to significantly outperform the gold price in the second half of 2009, Investec Asset Management fund managers specialising in commodities and resources said on Wednesday. Speaking during an international conference...

Platinum skittish ahead of ETF launch

London-based ETF Securities will on Tuesday list four major precious metals exchange-traded funds (ETFs), including platinum, palladium, silver, gold, as well as a precious metals basket ETF, in a move that has driven the platinum price sky-high...

Rhodium is star turn of Northam's results; ruthenium fortunes up

There had been a dramatic increase in rhodium's contribution to the revenue of Northam Platinum, marketing manager Jerry White said on Thursday.