Top Stories
Angst at OT undermines recovering Mongolia
Majority Oyu Tolgoi owner Turquoise Hill Resources Ltd is not the only combatant in the Mongolian government’s most recent stoush over taxes at the world class copper-gold development. An equally dangerous enemy is time. Full story...
Uranium’s mixed outlook picture
The long dark winter for uranium producers, developers and explorers could be set to continue for some years yet but proponents of the energy commodity remain adamant its time will ultimately come. Full story...
Kenya attacks underscore security risks
Sophisticated and relatively large-scale attacks on civilians in coastal regions in June and July 2014 point to a further deterioration in Kenya’s security situation. The assaults – almost all of which have been claimed by Somali militant group al-Shabaab – have killed over 98 people since June 2014, according to the Maplecroft Terrorism and Security Dashboard. Full story...
The key to exploration success
When so many companies and their geologists struggle to make any sort of discovery through their corporate life, how is it that Sirius Resources NL was this week reporting a potential second significant-looking discovery? Albeit with ‘potential second’ being the operative words. Full story...
Carvill speaks up for Kenmare
Michael Carvill, the 53-year old Irish founder and CEO of mineral sands producer Kenmare Resources Plc, doesn’t mince his words. “With these prices, I don’t believe any single titanium mineral sands miner is producing a healthy EBITDA from their mineral sands activity. Full story...
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...
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MJ 18/07/14
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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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