| These selected stories represent only a fraction of the news and analysis featured and updated all day on Mineweb.com - check out our home page for the rest of the news and expert analysis currently available. | | | | The days of South Africa producing 5m ounces of platinum are over for the short to medium term, the new CEO at Impala Platinum says. | | | | | TOP STORIES | Friday , 24 Aug 2012 | | Indonesia's Coordinating Economic Minister says Freeport Indonesia is willing to discussion royalties, build a smelter in the country, and increase government participation in mining operations. Friday , 24 Aug 2012 | | The two parties have finally settled a year-long dispute over an option to acquire some Chilean copper assets. Thursday , 23 Aug 2012 | | With the suspension and likely cancellation of the Minas Conga project, Newmont is about to lose its goal of achieving 7 million ounces of annual gold production by 2017. Friday , 24 Aug 2012 | | Gold shot upwards first through $1640 and then past $1650 on news from the minutes of the last FOMC meeting suggesting QE3 is more likely - but..... Thursday , 23 Aug 2012 | | High inflation and a penchant gold appears to have impacted household savings behaviour, which is likely to have implications for overall investment and economic growth, says India's apex bank. Friday , 24 Aug 2012 | | A dominator of lithium supply is born if Rockwood gets its talons on Talison through a friendly takeover proposal. Friday , 24 Aug 2012 | | Copper prices have been on a downtrend for most of this year, since reaching a peak of $8,760 per tonne in February, but have rallied in recent days. Friday , 24 Aug 2012 | | Analyst David Sadowski* of Raymond James sees a lot on the horizon for uranium: a supply shortfall, escalating Asian demand and seasonality, to name just a few. Interview with The Energy Report. Friday , 24 Aug 2012 | | A day after telling his countrymen that the resources boom is over, Australian federal resources minister Martin Ferguson has backtracked - at least to an extent. Friday , 24 Aug 2012 | | South Africa-focused Lonmin has appointed its chief financial officer as acting CEO in the absence of Ian Farmer who is pursuing a course of treatment for an unspecified illness. Friday , 24 Aug 2012 | | With the Indian government standing to gain about $2 billion, Vedanta has sweetened its offer for the stakes in the two companies by 25%. Friday , 24 Aug 2012 | | The Financial Times reported Thursday the Republican Party is set to call for the creation of a commission to look at restoring a link between the U.S. dollar and gold severed 40 years ago. Friday , 24 Aug 2012 | | A memorial service for the miners shot dead at the Marikana platinum mine was held on Thursday, with others taking place around the country, including downtown Johannesburg. Friday , 24 Aug 2012 | | The company says the current wet season in Sierra Leone has been particularly severe and is affecting the handling of materials and project execution at its Tonkolili iron ore mine. Friday , 24 Aug 2012 | | Labour unions at the 640,000 t/y capacity Friguia alumina refinery have been embroiled in a wage dispute with RUSAL for several years, leading to numerous strikes and shutdowns. Friday , 24 Aug 2012 | | Implats' newly installed CEO Terence Goodlace says the increased levels of industrial action at South Africa's platinum mines could become more widespread. Friday , 24 Aug 2012 | | Until now, Sagittarius Mines had been confident it would be able to start production in 2016, despite being denied permission to start building the copper-gold mine. Thursday , 23 Aug 2012 | | Qatar has been incrementally raising its stake in takeover target Xstrata since late July, when it owned just under 11%, raising the stakes in a standoff with rival investor Glencore. Thursday , 23 Aug 2012 | | CEO Mark Bristow says it is pleasing to see that continued progress is being made in restoring full political stability in a country which had long been an exemplary democracy. Thursday , 23 Aug 2012 | | After a hugely successful decade, bar some occasional ill-timed acquisitions, the major diversified miners are beginning to see earnings dive as China draws in its industrial horns. Thursday , 23 Aug 2012 | | Royal Bafokeng Platinum CEO Steve Phiri talks about the issues South African platinum producers face and the need for leaders to be proactive. | | Simon Hunt believes that copper is no more than part of the money game at the moment. | | "I think the big question is whether the US investor joins the party in the second half of the year" | | A look at the tensions behind another bloody day at the Marikana platinum mine in Rustenburg, South Africa. | | |
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Geoff Candy, Groningen
Americas Dorothy Kosich, Reno
Kip Keen, Halifax, NS
Asia and Australasia
Shivom Seth, Mumbai
Kerry Stevenson, Sydney Africa Christy Filen, Johannesburg
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Wendy Hora, Australasia
Production Lindiwe Molekoa, Johannesburg Editor in Chief Alec Hogg, Johannesburg | | |
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