Aluminium
Australian gold production overview
by Gill Montia
Surbiton Associates, the Australian gold production analyst, has reported that the country’s gold production in the nine months to the end of September 2007 was well ahead of that of the US, at 184.5 tonnes (compared with a US estimate of 179 tonnes).
For the September quarter Australia produced 61.7 tonnes of gold, a quantity similar [...]
Precious metals gain but base metals see declines
by Elaine Frei
Precious metals were higher in New York on Monday on declines in the US dollar, which dropped on the possibility of a cut in US interest rates and on slowing growth in the US manufacturing sector.
February gold was $5.90 higher to $795 per troy ounce, but gains were limited by oil prices that continue to [...]
Chile plans global leadership in copper mine development
by Gill Montia
The Government of Chile’s Copper Commission (Cochilco) has reported that it expects the country to become the global leader in the development of new copper mines.
Chile is already the world’s largest producer of copper and Cochilco chief analyst, ldo Picozzi, is predicting that the country will host 26 new copper developments between 2006 and 2015.
The [...]