Projects persevering despite difficulties

Latest issue of International Mining Project News available (November 21): With the sense of uncertainty that is circulating throughout the industry, project reports and updates are increasing in importance. As a consequence another section on cutbacks has been added. Included in this section is Freeport McMoran Copper and Gold’s Climax molybdenum mine and Xstrata Alloys […]

Hillhead targets zero action plan for event

The ‘Target Zero’ action plan package will be launched by the Health and Safety Executive (HSE) on 23 June next year at Hillhead 2009. An objective of the initiative includes a fully competent workforce by 2010. A number of high-profile speakers will be contributing to the launch event, to which senior industry executives, union officials […]

Projections on silver still showing promise

At the yearly New York Silver Dinner organised by The Silver Institute, GFMS - a precious metals consultancy, specialising in research into the global gold, silver, platinum and palladium markets - presented its interim silver market review. The review highlighted that the total supply of silver is forecast to decline by around 4% this year, […]

Positive thoughts on China and iron ore from Gindalbie

George Jones, Chairman, imparted some encouraging views on China and iron ore in his presentation at Gindalbie’s 2008 Annual General Meeting. His view - which, he says ”is supported by recent discussions I have had with a number of senior Chinese business leaders and other experienced China analysts - is that there is a solid ‘bottom line’ […]

Aflease Gold and BMA Gold to form new international gold company

South Africa’s Aflease Gold and Australia’s BMA Gold, are set to create a new mining company, forming, as the two companies said, an attractive international gold business with a new mine on the brink of production and a portfolio of growth prospects. The new company, to be known as Gold One International, will be listed on […]

Record dollar demand for gold as world looks for haven from turmoil

Dollar demand for gold reached an all time quarterly record of $32 billion in the third quarter of 2008 as investors around the world sought refuge from the global financial meltdown, and jewellery buyers returned to the market in droves on a lower gold price. This figure was 45% higher than the previous record in […]

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