Burundi takes 15% stake of Kermas nickel project
June 23, 2014 by goldguru · Leave a Comment
Musongati ranks as one of the 10 largest known nickel deposits that have yet to be developed.
Germany decides its gold is safe in American hands
June 23, 2014 by goldguru · 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.
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Rio Tinto in $130m unpaid tax dispute with Mongolia
June 23, 2014 by goldguru · Leave a Comment
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
June 23, 2014 by goldguru · Leave a Comment
‘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
June 23, 2014 by goldguru · Leave a Comment
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
June 23, 2014 by goldguru · Leave a Comment
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
June 23, 2014 by goldguru · Leave a Comment
Recent successes in developing shale gas and oil have led some campaigners to imply the world could do without coal, writes John Kemp.
KGHM says Chile copper mine ready to operate in June
June 23, 2014 by goldguru · Leave a Comment
The $4 billion Sierra Gorda mine will start operating in June, KGHM CEO Herbert Wirth told Bloomberg Businessweek.
Striking SA platinum miners to decide on wage offer
June 23, 2014 by goldguru · Leave a Comment
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
June 23, 2014 by goldguru · Leave a Comment
The four suspected illegal miners were found dead on Saturday with gun shots wounds to the head.
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