| 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 CPM Group's Erica Rannestad looks at the supply demand balance for platinum in light of the supply issues in SA and the continuing slowdown in Europe. | | | | | TOP STORIES | Tuesday , 28 Aug 2012 | | Although China now produces 99% of the world's heavy rare earth supplies, Molycorp's Mountain Pass facility is about to become the first U.S. heavy rare earths concentrate processor. Tuesday , 28 Aug 2012 | | The share prices of junior miners with big gold deposits moved upwards with remarkable consistency in August as investors began to reconsider at the sector. Tuesday , 28 Aug 2012 | | A disagreement on an operational plan for the La Oroya Metallurgical complex between Doe Run Peru's former parent and Doe Run Peru's creditors may result the sale of the facility. Tuesday , 28 Aug 2012 | | Two Delaware courts have upheld that Grupo Mexico basically took its Southern Copper Corporation subsidiary to the cleaners when SCC bought Minera Mexico from its corporate parent. Tuesday , 28 Aug 2012 | | Eric Sprott says it's time for people to take matters into their own hands and push further and further into precious metals equities as well as physical gold and silver. Gold Report interview. Tuesday , 28 Aug 2012 | | Though prices are at a new high in India, buyers are picking up smaller pieces of gold jewellery and items to mark the onset of the festive period this week. Monday , 27 Aug 2012 | | While acquirers may remain on the sidelines during the political fallout from the recent violence, buyers, including Chinese companies, could still see an opportunity, analysts say. Tuesday , 28 Aug 2012 | | In his May budget, Wayne Swan forecast a small A$1.5 billion surplus in the year to June 30, 2013, but lower commodity prices could make it difficult to reach revenue forecasts. Tuesday , 28 Aug 2012 | | Output at its Carborough Downs coking coal mine was stopped and coal deliveries suspended after the discovery of high levels of carbon monoxide, a deadly gas, in May this year. Tuesday , 28 Aug 2012 | | The dispute stems from negotiations over benefits paid to landowners near the mine site, located 900 km across the Bismarck Sea from Port Moresby, in Papua New Guinea. Tuesday , 28 Aug 2012 | | According to the Chinese mining grou, the market is going through a sensible adjustment. Tuesday , 28 Aug 2012 | | Up to 100 Sardinian miners seized 350 kilos of company explosives and locked themselves inside the Carbosulcis coal mine overnight on Monday, in a bid to protect their survival. Tuesday , 28 Aug 2012 | | The gold miner more than trebled its full-year earnings on Tuesday, as it benefitted from an overhaul of its business focusing it on gold reclamation. Tuesday , 28 Aug 2012 | | The striking miners gathered at the Marikana mine on Monday and vowed to stay away from work until their demand for a R12,500 monthly wage is met. Tuesday , 28 Aug 2012 | | The wage hike demands signal discontent has also spread to the country's gold sector after a wave of labour strife and violence recently claimed the lives of 44 people at a platinum mine run by Lonmin. Monday , 27 Aug 2012 | | The country is one of the few in Europe pursuing new reactor projects after the Fukushima nuclear disaster in Japan and Germany's move to phase out nuclear power. Monday , 27 Aug 2012 | | The cost of protecting the country's debt against non-payment using credit default swaps has climbed 14 basis points since Aug 15, a day before police shot dead 34 striking mineworkers. Monday , 27 Aug 2012 | | China's Western Mining has agreed to pay C$250 million in cash for gold explorer Inter-Citic Minerals and the deal expected to close in the fourth quarter of the year. Monday , 27 Aug 2012 | | Hong Kong-based Noble Group is putting renewed focus on markets such as copper and zinc after breakneck growth in energy, which now delivers two-thirds of its revenues. Monday , 27 Aug 2012 | | Work in the underground portion of the Palmarejo mine has been suspended following the death of a worker who fell while performing maintenance work. Monday , 27 Aug 2012 | | Union confirms reports of a renewed standoff as the country's Department of Mineral Resources looks to centralise employee negotiations. Monday , 27 Aug 2012 | | 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. | | 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" | | |
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Americas Dorothy Kosich, Reno Kip Keen, Halifax, NS Asia and Australasia
Shivom Seth, Mumbai Kerry Stevenson, Sydney Africa Christy Filen, Johannesburg Sales and Marketing Jan Chadwick, International Wendy Hora, Australasia Production Lindiwe Molekoa, Johannesburg Editor in Chief Alec Hogg, Johannesburg | | |
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