Pressure to stay on platinum, says Johnson Matthey
The platinum market will stay in surplus during 2011 and 2012, despite modest supply growth from South Africa, according to the latest research from Johnson Matthey.
Gold bull Paulson sells third of bullion holdings
Hedge fund manager and long-time gold bull John Paulson slashed his bullion holdings by a third in the past quarter, a move which has dampened sentiment in the gold market.
Hard going for Anooraq and Eastplats
The share prices of Anooraq Resources and Eastern Platinum are almost equally depressed, although Eastplats is in far better financial and operational shape than Anooraq.
Gillard pushes to end India uranium sales ban
Australian Prime Minister Julia Gillard is pushing to overturn a ban on sales of uranium to India, potentially opening up a new and growing market for suppliers.
First Uranium able to turn the tide, says CEO
First Uranium CEO Deon van der Mescht says delivery on three key issues will result in a turnaround of the company’s collapsing share price.
BHP suffers second defeat over power prices
A court has refused to grant BHP Billiton leave to appeal against a judgment which forces the group to disclose the prices it pays for electricity at its aluminium operations.
Metorex gives Jinchuan deal update
Metorex has given an updated timeline for the conclusion its proposed takeover by China's Jinchuan group.
Northam raises R1bn loan for Booysendal
Northam Platinum has made sure it can fund the construction of its new Booysendal mine to completion by negotiating a R1bn credit facility with Nedbank.
Lonmin hits sales target, boosts earnings
Lonmin says earnings have risen 59%, despite a strike at its Karee operations that forced it to cut output targets and drove up unit costs.
Lonmin thinking twice about growth plans
Lonmin says its growth investment strategy is not set in stone, saying it will rethink its target of a 950,000oz production profile if market conditions deteriorate.