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South Africa could fill emerging gap in Chinese manganese production

South Africa remains the most valuable minerals real estate in the world with the advantage of a global opportunity to fulfill an emerging gap in Chinese manganese production. This is according to international geology researcher...

Chinese platinum demand & price continue severe downward trend

After an initial rise at the start of January, the price of platinum has continued its recent downward trend falling to its lowest level in over five years ending the quarter at $1 141/oz...

Stainless steel production reaches 41.7 Mt in 2014

International – Stainless steel melt shop production increased globally by 8.3% year-on-year to 41.7 Mt, non–profit research organisation the International Stainless Steel Forum reported on Tuesday. Stainless steel production for 2014 increased in all regions...

GoldCore: Russian gold reserves 5th largest in the world

Russia has the fifth largest quantity of gold reserves in the world. In March Russian gold reserves increased by 1 Moz or 1 238 t, bringing its total reserves to nearly 40 Moz. This is...

Gold forecast for 2015: A flat $1 170/oz average expected

International - Thomson Reuters has released its annual “Gold 2015” GFMS gold  survey, the 49th in the series. It provides a gold forecast for 2015. The market can expect a ‘flat’ year with an $1...

Gold forecast: only 20 years left of mineable reserves

Gold forecast - South Africa's annual gold production volumes are steadily declining and there are no replacement reserves. Apparently this is a global phenomenon that stretches to most major gold producing regions including Australia,...

Jewellery diamond demand $81bn in 2014

International - According to insight data published by The De Beer Group of Companies, global jewellery diamond demand grew by 3 % in 2014, rising to a new $81 billion high, The data showed that there...

Gold price forecast to double to $2 400/oz by 2030

International - The gold price is forecast to double in the next 15 years and could exceed $2 400/oz by 2030. This is according to ANZ’s report `East to El Dorado: Asia and the Future of Gold’ which...

Asia’s largest bucket wheel excavator system operational

China - Open pit mining and underground solutions provider, Tenova TAKRAF, has completed the supply and installation of a complete Bucket Wheel Excavator (BWE) system for Zhahanaoer open pit coal mine in Inner Mongolia,...

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