After Rio: BHP’s Kloppers can now focus on fallout from metals markets collapse
November 30, 2008 by admin · Leave a Comment
Now that the collapsed metal markets have led to BHP Billiton dropping its bid for Rio Tinto, CEO Marius Kloppers can bring his strong organisational skills to bear on new forward drive.
Copper/cobalt miner Metorex enrages retail investors
November 29, 2008 by admin · Leave a Comment
Stock price plunges nearly 40% on news of troubled operations in Katanga Province, DRC, where mining generally is grinding down by the day.
Anglo Platinum heading for tough time
November 29, 2008 by admin · Leave a Comment
RBC Capital says Anglo Platinum is heading for a difficult time even if the company makes expected production cuts.
Russia boosts gold output after years of decline
November 29, 2008 by admin · Leave a Comment
Russia has boosted its gold output for the first 10 months of 2008 by 9.8% when compared to the same period last year.
UC RUSAL pulls a fast one on Norilsk Nickel
November 29, 2008 by admin · Leave a Comment
Norilsk’s second biggest shareholder, UC RUSAL, has announced it is nominating former Norilsk co-owner Mikhail Prokhorov to the Norilsk board – a move that may well not go unchallenged.
China looks at buying ‘cheap’ base metals as strategic reserve
November 29, 2008 by admin · Leave a Comment
Reports suggest China is considering buying perhaps $3-$4 bn worth of base metals on the open market as state and commercial reserves to help boost economy.
Free Mining Finance Masterclass in London
November 29, 2008 by admin · Leave a Comment
MinSouth and the Association of Mining Analysts, both based in London, are running a series of free Masterclasses on aspects of the industry for professionals working in the sector. The next looks at Mining Finance and will be held in London on December 8th.
Crystallex cites treaty breach in dispute letter filed over Las Cristinas gold mine
November 29, 2008 by admin · Leave a Comment
Crystallex says a decision to deny it a mining permit combined with media reports that Venezuela plans to push Crystallex off the Las Cristinas project, constitute a dispute under an investment treaty between Canada and Venezuela.
South African gold production continues to plunge
November 29, 2008 by admin · Leave a Comment
South Africa’s 3Q gold output fell 16.2 percent in the third quarter compared with 3Q 2007 as the world’s former top gold producer begins to move down the production ladder.
Platinum miner Lonmin planning 4,000 job cuts
November 29, 2008 by admin · Leave a Comment
Lonmin is planning to cut 4,000 jobs at its platinum mines to reduce costs, according to Solidarity trade union.



