West Africa or coal – your two best bets

If you chose platinum as your career-defining metal of choice then you’ve probably spent hours regretting the decision that took you down the road...

Are you playing the sustainability game?

What are your top 10 priorities for building a new mine in Africa? A few years ago the answers were likely to include the...

PDAC – Africa on a plate

Brrrrrr... Greetings from icy Toronto, Canada! With temperatures dipping as low as -30OC on occasion it may not be considered the ideal holiday destination...

What did you make of this year’s Indaba?

Another Mining Indaba has come and gone. With every notch I add to my Indaba belt, (I now have eight), I become increasingly aware...

We’re still standing

As I put my hand to my keyboard to write my first editor’s comment of 2014 I have to ask myself one overriding question...

No nationalisation ahead, but mines may pay more tax

In the next few months, South Africans are likely to hear more rhetoric about the mining sector being nationalised, but this is just “election...

Our mining minus must become a plus

Much is being made in the media these days of the dismal and rather frightening predicament in which the South African mining sector finds...

All parties must co-operate for success

What a period it’s been in the mining industry – globally and at home! Quite possibly not that much different from any other time; nevertheless,...

After the Burn

ANTONIO
Antonio Ruffini
– Editor
With the ongoing fallout of the sub prime crisis in the US, the impacts of high commodity prices themselves, oil in particular, on economic growth, and the recent strengthening of the dollar, commodities have lost some of their steam over the past few months.

Platinum is some US$1,000 off its peak. Looking at how the landscape has changed from another angle, gold companies that factor in all the costs of doing business, including amortisation of capital spent on establishing projects, not just cash operating costs, find that very few of them make much money at a gold price of less than US$800/oz. Some juniors are finding it harder to get hold of funds to undertake projects.

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