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Measured optimism for coal prices

If only it were possible to correctly predict the future prices of coal, life would be so much easier. Since that is not entirely possible, one has to work with the data at hand for a possible prediction. Xavier Prévost discusses what has happened...
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Lonmin: victim of price falls and management wobbles

Platinum producer Lonmin is facing its deepest crisis to date, hurt by a downturn in the metal and haunted by a mixture of bad luck and debatable management choices that are putting its survival at risk. Times are tough for everyone in the platinum...

For risk-wary gold miners, small is beautiful

Bigger isn’t better for the world’s gold miners, who are increasingly making “bite-sized” developments that carry less risk of budget disasters and fewer of the political and environmental disputes that have derailed...

Minerals & Petroleum Development Act to be revised

A roadblock to investment in South Africa’s oil and gas sector could potentially be cleared as controversial natural resources legislation is now being reviewed. On Friday President Jacob Zuma sent the country’s new Mineral and Petroleum Resources...

Rockwell announces new acquisition

Rockwell Diamonds has announced that it has entered into a conditional agreement to acquire certain alluvial diamond properties and associated plant and equipment from Bondeo 140 and its affiliates which own and operate alluvial diamond properties...

SA miners faced with shrinking margins

A significant decrease in the mining industry’s profitability fuelled contraction in market capitalisation of South African mining stocks in 2014. In addition, local cost pressures and international demand weakness resulted in shrinking margins and...

Vale sells part of Moatize to Japan firm for $950mn

Brazilian mining group Vale has sold part of its mining and logistics assets in Mozambique to Japanese firm Mitsui & Co in a deal worth about $950 million. Vale Moçambique CEO Pedro Gutemberg said the Brazilian group had signed an investment...

Glencore CEO’s jibe at iron ore giants

Glencore’s chief executive Ivan Glasenberg has once again expressed his frustration with the top three iron producers Vale, BHP Billiton Rio Tinto for their ongoing iron ore production ramp up despite the slump in prices. Glasenberg, speaking to...