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Metmar through the worst of volatile market

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Posted by admin 18 hours ago (http://www.miningmx.com)
Metmar CEO, David Ellwood, believes the metals trading company is through the worst of a difficult market in which he acknowledges his firm was too defensive.

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Don't panic, it's just the mining cycle

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Posted by admin 1 day 6 hours ago (http://www.miningmx.com)
There's a lot of long faces in the mining industry, but shouldn't we expect spending cuts and plummeting stock prices? This is after all, a fundamentally cyclical market.

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SA shares choked as gold may test $1,300/oz

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Posted by admin 1 day 18 hours ago (http://www.miningmx.com)
Problems with "SA Inc", and gold price weakness, turned the heat up again on the country's gold shares which continued to slide.

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Wage talks are mission critical for South Deep

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Posted by admin 2 days ago (http://www.miningmx.com)
Gold Fields needs its South Deep mine to start ramping up successfully which makes wage talks from end-May something of a crucible moment for the group.

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Amcu flexes muscle as Lonmin strike ends

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Posted by admin 2 days ago (http://www.miningmx.com)
The likely end of a strike at Lonmin's Marikana mine underpins the influence of Amcu among the mine's workers after its president urged a return to work earlier.

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Amcu, NUM distanced from Lonmin strike

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Posted by admin 3 days ago (http://www.miningmx.com)
Lonmin said the wildcat strike that broke out at its Marikana mine yesterday was ad hoc and unsupported by any of the main unions.

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Village pulls plug on Buffelsfontein, finally

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Posted by admin 3 days ago (http://www.miningmx.com)
Village Main Reef said it would stop production at the historic North West province mine Buffelsfontein, a move no doubt informed by the $200/oz decline in gold.

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AngloGold's Venkat sets out stall in strong debut

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Posted by admin 4 days ago (http://www.miningmx.com)
AngloGold Ashanti CEO, Venkat, sought to impose his own style of leadership at the group saying profits would not be sacrified for production growth.

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