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Tuesday, March 22, 2016

Germany decides its gold is safe in American hands

June 23, 2014 by · Leave a Comment 

Surging mistrust of the euro during the debt crisis fed a campaign to bring Germany’s entire $141 billion gold reserve home. Read more….

Burundi takes 15% stake of Kermas nickel project

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Musongati ranks as one of the 10 largest known nickel deposits that have yet to be developed. Read more….

Rio Tinto in $130m unpaid tax dispute with Mongolia

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Mongolia’s tax authority claims a Rio Tinto unit has unpaid taxes and charges associated with the giant Oyu Tolgoi mine development. Read more….

Gold holds on to gains, PGMs await strike news

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‘We believe that the critical situation in the Middle East will continue to support gold,’ says one analyst. Read more….

Expect West to buy into gold, silver – Phillips

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Meantime, gold and silver are set for a pause followed by gains today, says Julian Phillips of the Gold Forecaster. Read more….

Court prevents AMCU from striking at gold mines

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South Africa’s labour court ruled on Monday that mine union AMCU could not strike in the gold sector. Read more….

Can we really do without coal? – Kemp

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Recent successes in developing shale gas and oil have led some campaigners to imply the world could do without coal, writes John Kemp. Read more….

Striking SA platinum miners to decide on wage offer

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AMCU members will meet in Rustenburg today, where they will be updated on wage talks by the union’s leadership. Read more….

KGHM says Chile copper mine ready to operate in June

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The $4 billion Sierra Gorda mine will start operating in June, KGHM CEO Herbert Wirth told Bloomberg Businessweek. Read more….

4 miners found shot dead at a South African gold mine

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The four suspected illegal miners were found dead on Saturday with gun shots wounds to the head. Read more….

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