Three crumbs of comfort for gold and its bulls
Clearly the gold price is under pressure. But two lessons from history, and a forecast of the future may give gold bulls some cheer.
What does Glencore bring to the JSE?
Miningmx republishes its September article on why Ivan Glasenberg is bringing GlencoreXstrata to Johannesburg, and what investors can expect from the debut.
Glasenberg bats away SA risk, Anglo bid
Ivan Glasenberg, CEO of GlencoreXstrata, said South African political risk was "not that bad" and implied speculation it would bid for Anglo was wrong-headed.
SA platinum ETF demand ‘sticky’: JM
Johnson Matthey poured cold water on fears that Johannesburg's highly successful platinum-backed exchange traded product had introduced hot money into the market.
RBPlat cuts capex in R2bn brownfields plant
Royal Bafokeng Platinum will opt for a brownfields expansion of its concentrator at the Bafokeng-Rasimone Platinum Mine rather than build a new concentrator at Styldrift.
SA underpins widening platinum deficit
Johnson Matthey said closures and a loss of productivity would underpin a 78% increase in the platinum deficit, but added the price would still be contained.
Lonmin mulls ESOP, suffers cash burn
Lonmin said it was considering handing up to 8% in the company to employees and the community as it sought to win "hearts and minds".
PTM to miss mid-2015 platinum sale target
The good news is that Platinum Group Metals has been thrown a lifeline by a syndicate of banks that will attempt to raise $195m for the WBJV Project 1.
Harmony restores that profitable feeling
Yet the gold miner operates under wafer-thin margins which has put the onus on more cost-cutting and getting stalwart mines to perform to their best.
Sibanye, Harmony swap Free State gold
Sibanye Gold and Harmony Gold made good on long-standing proposals to swap gold resources in the Free State in a parcel of non-cash deals.