Top Stories
Tom Albanese in the hot seat, again
Tom Albanese, Vedanta Resources CEO, was stuck in a traffic jam in steamy New Delhi when Mining Journal caught up with him, but that didn’t seem to cool his enthusiasm for a country he described as representing “the best of the emerging markets” and where, incidentally, “the food is great”. Full story...
He built it, they came
The career path of Ross Beaty was pretty much forged at eight or nine years old when he got his first rock hammer. While his parents might have thought a career as a geologist could be in the offing, it would have been hard to predict the billions of dollars that followed his corporate movements. Full story...
Drawing a crowd
A chance meeting in Melbourne’s grand Windsor Hotel in the early 90s was the trigger for Alex Mackenzie to head to Senegal and find gold. For over 20 years he’s been finding it, and with ASX-listed Bassari Resources Ltd, he’s fully expecting to find a whole lot more. Full story...
Nickel price has room to grow
Nickel, the so called ‘wild beast’ of metal markets, is likely to run further northwards with the help of speculative steam. Full story...
Vedanta rolls with the punches
Zambia’s government has “contacted” Vedanta Resources plc amid controversy over how much tax its Konkara Copper Mines subsidiary pays to the country’s authorities, Mining Journal can reveal Full story...
Fool's gold
In the first quarter of 2013 India was facing a current account deficit of 3.6% of GDP. Hypothetically, if all gold imports could be stopped, the majority of this deficit could be erased. Moreover, the money “saved” would have gone—with a bit of nudging from the government—into infrastructure and industrial development, helping with growth and in controlling chronic inflation of around 10%. Full story...
Markets slow pace of the game
Once the darling of the emerging markets, Latin America’s biggest economy has been on a bit of a downer recently, dogged by doubts, demonstrations and dampened investor sentiment. But as the World Cup gets into full swing and Neymar really starts to show off his skills, there are clear signs that things may be on the up. Full story...
Monsters in the shadows
Iluka Resources Ltd’s business development team has gone into overdrive in recent months against a background of depleting mines and, according to some at least, a potentially very positive outlook for mineral sands producers with long term horizons. Full story...
Navigating the human terrain
In a recently published report issued by the Kennedy School of Government at Harvard University, researchers point out that extractive industries have not done a good job of quantifying the present and future costs of community conflicts Full story...
Percolated coffee led recovery
From what I can make out, it has taken many in the gold mining industry about a year to drive down costs by an amount equivalent to that which gold prices fell just over a year ago. Full story...
Staving off the long market winter
The truth won’t be known till later but there are possibly signs of a turnaround in market fortune being on the horizon for the beleaguered junior resources sector. Full story...
Zambia mining investment under threat
The Zambian government’s decision to review taxes and withhold VAT repayments has sparked concerns in the mining sector, the main source of foreign investment in the impoverished Southern African country. It has also dealt a major blow to copper outputs, with projects worth more than US$1 billion under threat as a direct result of uncertainty over the future fiscal regime. Full story...
Read articles from the latest Print Edition -
MJ 11/07/14
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Russian precious-metals company Polymetal International plc has made significant progress at the Semcha platinum-group metals (PGM) property in the past year as it moves the project towards a preliminary economic assessment
The Republic of Guinea intends to launch, pursuant to the mining Code, a competitive and transparent invitation to tender for three bauxite mining blocks located in the prefectures of Boffa, Boké and Télimélé.
Indochine Mining Limited is developing a high-grade gold project at Mt Kare in PNG by rapidly developing wide,
high-grade gold zones
Sarama Resources is a West Africa-focused gold explorer with substantial landholdings in Burkina Faso, Liberia and Mali.
Midway Gold is an emerging, near-term gold producer on track to bring its first million-ounce project, the Pan mine, to production in 2014
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