Industry Summits
Gold producers see good times ahead
NEW YORK (Reuters) - Some of the froth has been blown off the top of the gold market, but that has not rattled the big producers who agree that prices are unlikely to drop to levels seen just before the millennium turned six years ago. Full Article
Rusal America sees strong aluminum demand
NEW YORK (Reuters) - Despite differing views of U.S. economic growth, Rusal America's president said on Wednesday that demand in all major aluminum segments remains robust and in some cases the third largest aluminum producer's customers have augmented orders for the second half of 2006. Full Article
Auto converters driving metal price: Stillwater
NEW YORK (Reuters) - Platinum and palladium producer Stillwater Mining Co. said on Wednesday that new environmental standards for motor vehicles in the United States and Europe is driving demand and prices for the two metals. Full Article
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Bolivia won't seize silver mine: Coeur
NEW YORK (Reuters) - The head of Coeur d'Alene Mines Corp. said on Wednesday that the Bolivian government has assured the company it will not nationalize its $135 million San Bartoleme silver project there. Full Article
More mining mergers ahead despite high prices
NEW YORK (Reuters) - Despite historically high commodity prices, mining executives said expectations for declining production will push even more deals in the metals and mining sector this year. Full Article
Stillwater doesn't see platinum fall to $400
NEW YORK (Reuters) - Stillwater Mining Co.'s chief executive does not see platinum prices at $400 an ounce any time soon, though he said much higher palladium prices would drive customers away. Full Article
Coeur CEO feels good with silver price at $12/oz
NEW YORK (Reuters) - The head of Coeur d'Alene Mines Corp. , the world's No. 1 primary silver producer, said on Wednesday he felt "quite good" with the metal's price trading near $12 an ounce -- almost double its year-ago level. Full Article
Gold Fields open to Harmony deal on W.Areas
NEW YORK (Reuters) - The world's fourth biggest gold producer, Gold Fields Ltd. , said on Wednesday it was open to a possible merger of a mine owned by South African rival Harmony Gold Mining Co. Ltd. into a firm in which both have stakes. Full Article
AngloGold affirms production views
NEW YORK (Reuters) - South African gold producer AngloGold Ashanti Ltd. still expects 2006 production of about 5.8 million to 6.1 million ounces of gold, with 500,000 ounces added for 2007, Chief Executive Bobby Godsell said on Wednesday. Full Article
Gold Fields sees Q4 margins up on gold prices
NEW YORK (Reuters) - The world's fourth biggest gold producer, Gold Fields Ltd , expects a major increase in margins in its fourth quarter on the back of higher gold prices, its chief executive said on Wednesday. Full Article
More Global Mining and Steel News
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