AFRICA

Political, economic announcements boost longer term gold outlook

Monday , 06 Sep 2010
Previously $1240/oz was a key level of resistance for gold, as it slowly becomes a new support level, the price of the yellow metal is likely to continue to trade higher

Vale, BSGR to help raise Liberian power production to 1,000 megawatts

Monday , 06 Sep 2010
The country said the two firms are going to rebuild the hydro electric plant on the St. Paul River and have also signed an agreement to ship iron ore through Liberia.

Do the Chinese really believe the U.S. is selling down its gold reserves?

Saturday , 04 Sep 2010
A Chinese news report has suggested that Central Banks - including the U.S. Fed - may be selling gold. Data do not seem to bear this out, but....

SA govt. ties itself in knots over Sishen iron ore debacle

Friday , 03 Sep 2010
Is South Africa's Mines Minister engaging in double speak over Kumba/ICT imbroglio over Sishen iron ore prospecting rights?

Middle Island Resources to list with Newmont as cornerstone investor

Friday , 03 Sep 2010
Rick Yeates formerly Coffey Mining's GM for strategy has plans to list Middle Island Resources, a junior gold miner, on the ASX

More investment opportunities in Africa now than in the last 10 years

Friday , 03 Sep 2010
The African Lion 3 Venture Capital Fund, based in Melborne, told the Africa Downunder conference that it sees a lot of opportunities presenting themselves in Africa

South African gold production still falling - down 7% yoy at end of H1

Friday , 03 Sep 2010
At the current rate of production, South African gold output will slip below 200 tonnes this year dropping it to fourth place among producing nations

Unions, BHP-Rio JV agree wage to wage deal

Friday , 03 Sep 2010
The three year wage deal ends a week-long strike and will see workers getting an 8% increase this year and 7% in both 2011 and 2012

As silver consolidates above $19/oz technicals look bullish

Thursday , 02 Sep 2010
Considered a key resistance level, if the white metal remains above $19 an ounce more strength could be on the way

The gold debate: Will gold be as good going forward

Thursday , 02 Sep 2010
Gold bugs have spent the last ten years in the sun but, in relative terms the price of gold is rather expensive now, how much higher can it go?

Will South Africa's unions kill its mines?

Thursday , 02 Sep 2010
Increasingly aggressive stances by unions are creating havoc in South Africa. At Northam Platinum, the union's "demand" of 15%, is in reality a ferocious 27%.

Australian miners should take a stronger social approach in Africa - Coffey

Thursday , 02 Sep 2010
The mining consultancy says Australia's operators should develop a more inclusive approach in their dealings with their African partners to help deliver an increasingly socially workable environment.

Gryphon's Parsons reckons gold bull market has only just begun

Thursday , 02 Sep 2010
Gryphon Minerals looking to West Africa as its MD reckons gold is set to continue its upwards path.

Uranium price rise expected as Extract moves ahead with Rossing South

Thursday , 02 Sep 2010
As Extract progresses the big Rossing South (Husab) project in Namibia the prospect is for rising uranium prices ahead.

Chalice Gold looking for 2-year payback on Eritrean gold mine

Thursday , 02 Sep 2010
The Western Australian explorer is upbeat about the potential of its Koka gold project in Eritrea, citing a target cash cost of US$338 per ounce.

Coal of Africa may resume production at Vele by Q4 2010

Thursday , 02 Sep 2010
The coal miner said it has made progress toward rectifying the environmental issues that have plagued the colliery.

Investors put $155 per share cap on BHP's Potash Corp bid

Thursday , 02 Sep 2010
According to a Reuters poll of 26 BHP shareholders, on average they felt that any offer above $155 would make the deal "prohibitively expensive".

Equinox to look beyond Zambia for expansion

Thursday , 02 Sep 2010
The Perth-based copper miner Equinox Minerals has started a quest for additional acquisitions now that the Lumwana copper project in Zambia is bedded down.

Sundance to make key decision on Mbalam iron project by year-end

Wednesday , 01 Sep 2010
The miner that lost its entire board in a plane crash earlier this year said it is still on track to achieve important project milestones by December

Discovery Metals to start Boseto copper/silver project construction in Q4

Wednesday , 01 Sep 2010
Construction should start up on Discovery Metals' big Boseto copper/silver project in Botswana in the fourth quarter.

Australian investment into Africa continues to grow

Wednesday , 01 Sep 2010
Australia's Department of Foreign Affairs and Trade got the three-day Africa Downunder Conference in Perth off to a diplomatic start by pointing to the growing number of Australian companies venturing into Africa.

Shabangu puts global markets on notice

Wednesday , 01 Sep 2010
South Africa needs to conduct its mining industry differently and wants value-added mineral operations to help lift the country's mining performance

Dog days in the DRC

Tuesday , 31 Aug 2010
International incidents: further detalis on the anatomy of the storming of First Quantum by the Congolese and their friends.

Gold and the forex market

Tuesday , 31 Aug 2010
A look at the relationship between the yellow metal and currency markets and why it is important to know how much gold is in Fort Knox

Exxaro to try and end wage strike

Tuesday , 31 Aug 2010
The South African miner says is has planned new talks with the National Union of Mineworkers to try and end a strike that began on August 23

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