| LATEST NEWS | Tuesday, July 23, 2013 |
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Platina Resources Ltd has released an updated mineral resource for its Skaergaard project in East Greenland estimating 5.7Moz of gold and 8.7Moz of palladium. Full story....
Platina Resources | Gold | Platinum | Europe | |
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Russian-focused gold producer Petropavlovsk plc said it had axed 720 jobs in a bid to lower its net debt, which peaked at US$1.2 billion in March. Full story...
Petropavlovsk | Gold | Europe | |
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The world�s biggest platinum producer, Anglo American Platinum plc (Amplats), has increased its platinum production target for 2013, but says it remains committed to cutting output to �align production with market demand�. Full story...
Anglo Platinum | Platinum | |
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| FINANCE ARTICLES FROM THE LATEST ISSUE |
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Indonesia-focused coal producer Bumi plc agreed to sell its 29.2% interest in affiliate, PT Bumi Resources Tbk, to the Bakrie Group for US$501 million, as it looked to end its relationship with the influential Jakarta-based family. Full story... |
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Glencore Xstrata plc said it had received numerous expressions of interest for its US$5.2 billion Las Bambas copper project in southern Peru, three months after it announced plans for a sell-off. Full story...
Rupert Pennant-Rea, the former Bank of England deputy governor who was involved in a sex scandal in 1995, is one of several casualties of a cost-cutting drive launched by Hochschild Mining plc. Full story...
West African gold and diamonds explorer Golden Saint Resources Ltd was set to list on London�s Alternative Investment Market (AIM) after raising �3.5 million (US$5.3 million). Full story...
Around 32Mt of Australian coal, equivalent to 9% of output in 2011/12, was expected to be produced at negative margins in 2013 as fixed-cost transport and port contracts weigh on miners, said a report Full story...
The world�s third-largest gold producer AngloGold Ashanti Ltd said it expected to book a US$2.2 billion-US$2.6 billion write-down in its June quarter following a US$220/oz drop in the average price of gold during the period. Full story... |
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 Now is not a good time to be a junior explorer in the mining sector. The funding crisis is likely to push a number of juniors out of business as the finance squeeze for exploration gains momentum
Read the supplement online |
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The shake-up of the industry is a good thing, as hopefully what we are going to see is a return to a bit more discipline Full story... |
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Equity markets went into serious decline in 2012, according to figures released by Ernst & Young earlier this year, with the opportunity for initial public offerings (IPOs) �practically closed on anything other than highly dilutive terms�. Full story...
Standard & Poors predicted a difficult year ahead for the mining industry in 2013 and to date the prediction has proved uncomfortably accurate Full story...
Read the supplement online |
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Diggers and Dealers
August 5-7, 2013, The Goldfields Arts Centre, Kalgoorlie, Western Australia |
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Euromining
September 11-12, 2013, Tampere Exhibition and Sports Centre, Tampere, Finland |
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Precious Metals Summit Colorado
September 18-20, 2013, Park Hyatt Beaver Creek, Colorado, US |
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Denver Gold Forum
September 22-25, 2013, Hyatt Regency, Denver, USA |
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LME Metals Seminar
October 7, 2013, LME, London |
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Indonesia Investment Summit Hong Kong 2013
October 21-24, 2013, Conrad, Hong Kong |
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Fennoscandian Exploration & Mining
October 29-31, 2013, Levi, Finland |
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Mines and Money Australia
October 29 - November 1, 2013, Conrad, Hong Kong |
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Mongolia Investment Summit Hong Kong 2013
November 18-20, 2013, Four Seasons Hotel, Hong Kong |
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Mines and Money London 2013
December 1-5, 2013, Business Design Centre, London |
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