GOLD 1294.90 $/ozChange: -0.67
PLATINUM 1407.50 $/ozChange: -21.00
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Mining Services

Shaft impact course offered

Hise has been with the family-owned company CEMCO since its inception in 1962 and has patented several VSI-related technologies in the US
Aggregate, rock and mineral mine operators and plant managers can gain insight into the physics of processing materials using vertical shaft impact (VSI) crushers during a two-day course at US steel framing and metal lath system manufacturer...
18th April 2014

‘Zombie’ juniors betting high hopes on medical marijuana

Failing resource juniors look to medical marijuana for a life line. During the last several months a group of entrepreneurial junior mineral explorers have floated the idea of broaching the fledgling medical marijuana industries of Canada and the US, keeping some of their penny stocks afloat amidst a moribund...
17th April 2014

DRDGold appoints chartered accountant to board

JSE-listed DRDGold has appointed chartered accountant Johan Holtzhausen as an independent nonexecutive director of the company.   Holtzhausen, who held a Bachelor of Science degree from the University of Stellenbosch and a Bachelor of Accounting...
17th April 2014
Company Announcement

Drdgold: Appointment Of Non-Executive Director PDF Available

DRDGOLD Limited has announced the appointment of chartered accountant (SA) Johan Holtzhausen as an independent non-executive director of the company with effect from 25 April 2014. Mr Holtzhausen holds a Bachelor of Science degree from the...
17th April 2014

Gold price to average $1 225/oz in 2014 – GFMS

Weighing up the factors impacting the gold market this year, 2014 looks set to be a second year of price decline for gold, with precious metals consultancy Thomson Reuters GFMS continuing to forecast an average of $1 225/oz for the year. The...
17th April 2014

Brazil's Vale says China pessimism not justified - CEO

Vale is not concerned about an economic slowdown in China, the mining company's top iron-ore market, because Chinese steel output is setting records, CEO Murilo Ferreia told Reuters on Wednesday. China's economic indicators remain strong,...
16th April 2014

Energizer completes Madagascar graphite project consolidation

Madagascar-focused project developer Energizer Resources on Wednesday announced that it had concluded a transaction that consolidated its full ownership in its flagship Molo graphite project, in the country. Toronto-based Energizer bought the...
16th April 2014

China's plan for iron-ore giants hard to make the grade

China's bid to slash its dependence on foreign iron-ore miners by creating its own mega producers risks running aground before it starts due to high costs and poor quality of ore. Instead, overseas suppliers may end up shipping more to their top...
16th April 2014

BHP hikes iron-ore, met coal production forecasts

Diversified major BHP Billiton has reported record production for four of its commodities, at ten operations, during the nine months ended March, and increased its full-year iron-ore and metallurgical coal production expectations. “Our...
16th April 2014

Walter Energy to idle Canadian operations

Coal miner Walter Energy on Tuesday said that it planned to idle its Canadian coal mines in the face of weak metallurgical coal prices, placing more than 695 jobs on the line. The Birmingham, Alabama-based ‘pure-play’ metallurgical coal...
15th April 2014

Sibanye Gold eyes platinum acquisition by end this year – paper

Sibanye Gold CEO Neal Froneman South Africa's Sibanye Gold aims to make a "material" acquisition in platinum mining by the end of this year as it seeks to diversify its business, its chief executive said in a newspaper interview on Tuesday. Sibanye has already signalled it...
15th April 2014

Aurora Oil & Gas board recommending A$1.8bn Baytex offer

The board of ASX- and TSX-listed takeover target Aurora Oil & Gas has put its weight behind a takeover offer from Canada’s Baytex Energy Corporation. In February, Baytex launched a A$1.8-billion takeover offer for Aurora, offering shareholders...
15th April 2014
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