Deutsche Bank expects that platinum supply could see further cutbacks as economic/social pressures in South Africa mount and the price could be dragged higher by stronger gold prices over the remainder of 2012.
Sepro Mineral Systems has been awarded a contract by Hemco, Nicaragua’s second largest gold producer, to supply a milling and gravity recovery circuit for the company’s operation in the municipality of Bonanza in north-eastern Nicaragua.
1,500 Sukari Gold Mine workers have declared a third day of strikes as they demand raises, the re-hiring of arbitrarily fired employees and the passing of a law that would make bonuses obligatory for dangerous work.
Two and a half years after an earthquake devastated Haiti, killing more than 300,000, the country could use a windfall to help in its rebuilding efforts. Now, thanks to its mineral wealth, Haiti could begin making its way out of being one of Latin America’s poorest countries.
During the first half of 2012, China imported a total of 140 million tonnes of thermal coal which was 66% higher, boosted by an increase in coking coal imports of 175% year-on-year to 43.6 million.
"Mining companies are making it clear the current spike in investment is due to decisions taken a while back, whereas we are getting few new mining mega-projects across the line."
Ample stocks of ore and metal in China, together with overcapacity outside China, means that the nickel market is unlikely to get particularly tight for the foreseeable future.
The criminal has evolved to the point whereby they are no longer “effectively” deterred by conventional security such as alarms, CCTV, grills or by old technologies such as data or micro dots or even security personnel, according to Martin Gill a Professor in criminology. But Mark Churms, managing director of MineSite Security Innovations (MSI) says it is possible to protect an organization physical assets and employees.
