Thursday, March 30, 2017

Burundi takes 15% stake of Kermas nickel project

June 23, 2014 by · Leave a Comment 

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

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Germany decides its gold is safe in American hands

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

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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