PRECIOUS METALS HIGHLIGHTS : Top Stories of the Day
03/11/2013| 01:58pm US/Eastern
Norilsk Nickel May Consider Udokan Deal - CEO Potanin
MOSCOW--Norilsk Nickel, the world's largest producer of nickel and palladium, may consider swapping shares in exchange for control of the vast untapped Udokan copper deposit in Siberia, Norilsk Chief Executive Vladimir Potanin said Monday.
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Gareth Penny Elected Norilsk Board Chairman - CEO Potanin
MOSCOW--Russian mining giant Norilsk Nickel (>> GMK Noril'skiy nikel' OAO) Monday named former De Beers chief executive Gareth Penny to be its new board chairman, Chief Executive Vladimir Potanin said.
Lonmin: Mining Right On Pandora Joint Venture Granted
LONDON--Producer of platinum group metal Lonmin PLC (>> Lonmin Plc), said Monday that its application for the conversion of an old order mining right to a new order mining right at its Pandora Joint Venture has been granted by the Department of Minerals and Resources.
Comex Gold Near Steady Again as Traders Weigh Demand Outlook
Since reaching a seven-month low March 1, gold prices have slowly moved higher as some investors who had bet on lower prices cashed out. Futures gained in five of the last six trading days, but the cumulative gain totaled just 0.3%.
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