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Harper govt. expands support for offshore Canadian mining

19 Nov 2014 /  Dorothy Kosich
The Extractive Sector Strategy builds on Canadian government’s plan for responsible resource development both domestically and abroad.

Physical silver demand to drop 6.7% in 2014 – GFMS

18 Nov 2014 / 
Physical demand for silver will drop 6.7% this year, driven by a slump in coins and bars, says Thomson Reuters GFMS.

De Beers-Namibia JV seeks to prolong diamond mining to 2050

18 Nov 2014 / 
The JV intends to mine the precious stones on land and from the ocean until at least 2050.

Uranium climbs to highest since Jan 2013

18 Nov 2014 /  Ben Sharples (Bloomberg)
Demand from utilities is driving prices higher after uranium entered a bull market in September.

Electricity from fuel cells sparking demand for platinum

17 Nov 2014 / 
Amplats is seeking to boost platinum demand with systems that produce electricity in remote areas.

Brazil’s Vale announces new iron ore chief

17 Nov 2014 / 
Jose Carlos Martins is leaving the company and will be replaced by Peter Poppinga.

China trade pact to deliver relief for Australian coal mines

16 Nov 2014 /  James Paton (Bloomberg)
China is expected to exempt the miners from import tariffs as part of the new trade accord.

SA gets funds for $900m acid-water clean-up

14 Nov 2014 /  Kevin Crowley (Bloomberg)
Africa’s richest city is littered with enormous underground mined-out caverns that have become flooded.

Fracking boom spurs demand for sand

14 Nov 2014 / 
Sand production has more than doubled in the U.S. over the past seven years.

Gold drops with silver as SPDR assets slide

14 Nov 2014 / 
Holdings in the SPDR, the largest exchange-traded product backed by the metal, shrank to a six-year low.

Gold drops with silver as SPDR assets slide

14 Nov 2014 / 
Holdings in the SPDR, the largest exchange-traded product backed by the metal, shrank to a six-year low.

India’s uranium pact with Australia going full speed ahead

13 Nov 2014 /  Shivom Seth
Though red flagged by Green activists, the uranium export deal with India could benefit Australian miners.

Mining sector must dig deep to find profitability

12 Nov 2014 /  Sungula Nkabinde
The challenges affecting the financials of SA miners – an in-depth look by PwC.

Namibia sees diamond-sale deal by end-December

12 Nov 2014 / 
The state plans to reach a new diamonds-sales deal with De Beers before the end of December.

Rio Tinto CEO loves diamonds

11 Nov 2014 / 
The company is considering an expansion of a gem mine in northwestern Canada as it forecasts growing demand.

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  CPIThe Consumer Price Index (CPI) measures monthly changes in prices for a range of consumer products Jul 2022 7.40%
  CPI ex OERThe Consumer Price Index excluding Owners’ Equivalent Rent (CPI ex OER) measures monthly changes in prices for a range of consumer products excluding Owners’ equivalent rent that measures changes in the cost of owner-occupied housing Jul 2022 8.10%
  RepoThe rate at which the Reserve Bank lends money to the country’s commercial banks and set by the Reserve Bank’s Monetary Policy Committee. Aug 2022 5.50%
  Prime lendingThe Prime Lending Rate is the rate of interest that commercial banks will charge their clients when issuing a loan (home loan or vehicle finance) Aug 2022 9.00%

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