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Miningmx: Headline News
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Impala braced as Rustenburg unions raise ante
Two incidents at Impala's Rustenburg mine is a timely reminder that the growing
influence of Amcu will result in more difficult labour relations at the mine.
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Gold Fields claims its own Wafi-Golpu
Gold Fields says its prospect in the Philippines, Far Southeast, may be similar in scale to Harmony Gold's much acclaimed Wafi-Golpu resource in Papua New Guinea.
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Gold's return inevitable despite May sell-off
There's been a surprising sell-off in gold this month, notwithstanding the
prospect of Greece's departure from the Eurozone. Analysts, however, think the
metal will reassert itself in June.
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Output, costs hit Gold Fields' profits
Gold Fields' operations in West Africa to some extent made up for production losses elsewhere in the first quarter, but its margins came under pressure, hitting the group's bottom line.
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Miners ponder capital spend as distress mounts
It looks like BHP Billiton has called for a rethink on capital spend, at least
temporarily, saying it cannot risk its credit rating or yield amid a China
slowdown, and distress in the Eurozone.
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