GFMS: wage talks won’t hurt platinum supply
The global supply of platinum is expected to rise slightly this year, with upcoming wage talks in South Africa not expected to have a big impact, says research firm GFMS.
Harmony falling short of target
Harmony Gold’s full-year production target seems to be out of reach after reporting a 2% quarterly output decrease.
Better days still ahead, says Briggs
Harmony Gold investors will have to be patient a little longer before the significant investments in the group’s growth assets start to deliver output and income growth.
Tongon delivers for Randgold
The Tongon gold mine in troubled Cote d'Ivoire has delivered the goods for Randgold Resources despite the near civil war that erupted in the country.
Namibia’s rights plan for future finds only
Namibia's plan to hand mining and exploration rights to a state-owned firm will only be applied to future mineral discoveries, according to a news report.
Silver could top 2011’s precious pack
Platinum is drawing investment as a financial asset and palladium boasts an enviable market balance, but silver could top the precious pack this year, says GFMS's Philip Klapwijk.
Rio Tinto cautious over volatility
Rio Tinto expects global markets to remain fragile in the near term and sees itself in a strong position to weather any turbulence, says its chairperson.
Panic selling hits commodities
Investors are scrambling for cover as silver heads for its biggest weekly loss since at least 1983 and oil falls below $100 a barrel.
Malema: Stop mineral exports
The government must stop exporting raw minerals to encourage the establishment of industries to process them locally, ANC Youth League leader Julius Malema says.
Glencore targets $11bn, draws key investors
UPDATED: Glencore has kept a lid on its aspirations for a much-hyped market debut, targeting proceeds of $11bn after securing record commitments from investors led by Abu Dhabi.