Friday, September 3, 2010

Ernst & Young reckons mining and metals deal making to accelerate

September 2, 2010 by goldguru · Leave a Comment 

The value and volume of deals in the global mining and metals sector is set to soar, driven by competition to secure raw materials.

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Silver seen as safe-haven cinderella

September 2, 2010 by goldguru · Leave a Comment 

While not for widows and orphans because of its volatility, a number of analysts expect silver’s latest run, it is up15% so far this year, to have a bit more staying power

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Australian miners should take a stronger social approach in Africa – Coffey

September 2, 2010 by goldguru · Leave a Comment 

The mining consultancy says Australia’s operators should develop a more inclusive approach in their dealings with their African partners to help deliver an increasingly socially workable environment.

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Gold good – but maybe silver better. Both to gain on oil

September 2, 2010 by goldguru · Leave a Comment 

Ratio followers reckon silver should be a better prospect than gold in the short term, while oil future may not be so positive unless Middle East disruption to supplies.

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Rio Tinto to grow Indian diamond presence

September 2, 2010 by goldguru · Leave a Comment 

In a major boost to gold and diamond mining in India, mining giant Rio Tinto, which has discovered an immensely rich diamond resource of 37 million tonnes in northern India’s Madhya Pradesh state, is set to invest $79 million in the country.

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Chalice Gold looking for 2-year payback on Eritrean gold mine

September 2, 2010 by goldguru · Leave a Comment 

The Western Australian explorer is upbeat about the potential of its Koka gold project in Eritrea, citing a target cash cost of US$338 per ounce.

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Gryphon’s Parsons reckons gold bull market has only just begun

September 2, 2010 by goldguru · Leave a Comment 

Gryphon Minerals looking to West Africa as its MD reckons gold is set to continue its upwards path.

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Uranium price rise expected as Extract moves ahead with Rossing South

September 2, 2010 by goldguru · Leave a Comment 

As Extract progresses the big Rossing South (Husab) project in Namibia the prospect is for rising uranium prices ahead.

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China doesn’t like BHP Potash Corp bid – report

September 2, 2010 by goldguru · Leave a Comment 

According to reports in the Wall Street Journal, worries about future supplies of fertilizer, has meant that China’s state run Sinochem is looking at a variety of options and has hired HSBC to help

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Coal of Africa may resume production at Vele by Q4 2010

September 2, 2010 by goldguru · Leave a Comment 

The coal miner said it has made progress toward rectifying the environmental issues that have plagued the colliery.

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