evolving gold

U.S. govt. bailout benefits coal, miners as well as bankers

Mon, 06 Oct 2008 11:11:33 +0000

Among the projects successfully attached to the $700 billion emergency government bailout bill were funds for programs benefitting coal mining, mine safety, and carbon capture.

Cash positions in credit crisis concern many junior miners

Mon, 06 Oct 2008 08:11:09 +0000

Capital preservation and cash positions are superseding drilling results and production timetables as critical topics in junior miner and explorer conference presentations.

Camec- naked as the tide recedes

Mon, 06 Oct 2008 02:01:49 +0000

From deals in the DRC, to Zimbabwe and China, Camec’s spin machine is looking increasingly rusted and tatty.

Global mining stocks - the latest state of play

Sun, 05 Oct 2008 22:57:13 +0000

Everything is down; but listed producers of coal, oil, and gold have lost the least in market value; biggest losers include miners of nickel, copper, zinc, platinum and silver.

Uranium’s crystal ball is price sobering

Sun, 05 Oct 2008 19:56:57 +0000

The growth of nuclear power is still marching forward but the aspirations on uranium’s price have dropped back a peg or two, according to the latest quarterly research by Sydney-based Resource Capital Research (RCR).

Fall in numbers of junior miners and explorers expected

Sun, 05 Oct 2008 13:56:47 +0000

With the TSX Venture Exchange composite index down over 50 per cent since June, analysts expect a major shake-out in the junior mining and exploration sector with only the strong surviving.

Global gold supply will contract - Gold Fields CEO

Sun, 05 Oct 2008 04:48:54 +0000

Global mined gold supply is likely to fall as emerging gold producers are stopped in their tracks by the inability to raise development funds due to the global financial crisis

Chinese steel grouping looking to 20 percent output cut

Sun, 05 Oct 2008 01:48:44 +0000

A grouping of Chinese steel producers are in talks to cut output to help cut iron ore imports, cut input prices and support sales prices.

Canadian potash miner may resume talks to end strike

Sat, 04 Oct 2008 22:45:11 +0000

Top Canadian potash producer, Potasg Corporation of Saskatchewan appears to be open to resuming talks with its workers who have been on strike for two months.

SA power outages hit BHP Billiton global aluminium output

Sat, 04 Oct 2008 19:43:21 +0000

BHP Billiton’s southern African aluminium smelters, which account for 3.7 percent of global supply, have been losing production due to South Africa’s power difficulties.