MELBOURNE, May 21- A spate of profit warnings from Australian mining services firms suggests the country's "once-in-a-century" resources spending boom may have peaked sooner than companies, economists and policymakers had expected.» Read More
PARIS, Jan 16- European shares ended mostly flat on Wednesday, bouncing off intraday lows as many investors used the early dip to boost their exposure to equities, with mining shares the main drag. "Europe's catch-up rally is set to continue," said Roland Kaloyan, strategist, global asset allocation, at Societe Generale CIB.
*Anglo American Platinum workers down tools. LONDON, Jan 16- Platinum gained the upper hand over gold on Wednesday, with rallying prices putting the metal's value above that of bullion for a second day due to concerns over South African mine supply.
BRUSSELS, Jan 16- Three widely-used pesticides made by Switzerland's Syngenta and Germany's Bayer pose an acute risk to honeybees, the European Union's food safety watchdog said on Wednesday, but stopped short of linking them to bee colony collapse.
*Anglo American Platinum workers down tools. LONDON, Jan 16- Gold prices regained their premium over platinum on Wednesday as the white metal surrendered some of the previous session's hefty gains, which had taken it to three-month highs on rising supply concerns from major producer South Africa.
JOHANNESBURG, Jan 16- Miners at the Rustenburg operations of South Africa's Anglo American Platinum refused to work overnight shifts in protest at company plans to close mines, a labour leader said on Wednesday. "They didn't go underground," Evans Ramogka, an activist at an Amplats mine in Rustenburg, about 120 km northwest of Johannesburg, told Reuters.
*Anglo American Platinum workers down tools. *Gold breaks resistance at $1,678/ oz, eyeing $1,701- technicals. SINGAPORE, Jan 16- Platinum reversed early losses on Wednesday to extend its winning streak into a seventh straight session, buoyed by rising supply concerns after staff at top producer Anglo American Platinum downed tools.
*Gold breaks resistance at $1,678/ oz, eyeing $1,701- technicals. SINGAPORE, Jan 16- Gold inched up on Wednesday towards a near two-week high hit in the previous session on expectations easy global monetary policies will continue, while platinum took a breather after rising for six straight sessions to a three-month peak.
SINGAPORE, Jan 16- London copper steadied on Wednesday from two-week lows hit the session before, after a pick-up in U.S. consumer spending bolstered risk appetite, although sluggish global growth prospects kept a lid on prices.
SINGAPORE, Jan 16- Gold inched up on Wednesday towards a near two-week high hit in the previous session, while platinum took a breather after rising for six straight sessions to a three-month peak. *Spot gold had climbed 0.3 percent to $1,683.60 an ounce by 0025 GMT, just off Tuesday's high of $1,684.90.
Platinum rose to a three-month high on Tuesday, rallying for a sixth straight session as funds bought heavily due to a mine labor crisis in South Africa that sparked supply fears.
NEW DELHI/ MUMBAI, Jan 16- India's passion for gold is putting such a strain on state finances that the government may slap higher import taxes on the precious metal, but demand buoyed by heady inflation and meagre savings will blunt the impact of any rise in duties.
NEW YORK, Jan 15- U.S. "There is always a big boom in the new year when the new issue comes out, and you will see a drop in the next month," said Miguel Perez-Santalla, vice president of online precious-metals exchange BullionVault. As of Jan. 15, silver Eagle sales for the month exceeded 5 million ounces, data from the U.S.
*Labour leaders threaten strikes after plan. *Khuseleka, Khomanani mines mothballed, Union for sale. JOHANNESBURG, Jan 15- Anglo American Platinum plans to mothball two South African mines, sell another and cut 14,000 jobs, risking a repeat of last year's violent strikes as the world's largest producer of the metal struggles to halt losses.
By Jan Harvey and Clara Denina. LONDON, Jan 15- Platinum hit a three-month high on Tuesday, extending recent gains, after top global producer Anglo American Platinum said it would mothball two South African mines and sell another, cutting output by around 400,000 ounces annually.
Jan 15- Here is a look at troubles at Anglo American Platinum, also known as Amplats, the world's top platinum producer, after it said it would mothball two South African mines, sell another and cut 14,000 jobs. July 22, 2012- Neville Nicolau announces his resignation as chief executive at Amplats.
LONDON, Jan 15- British exploration firm IGas Energy has received interest from some of the oil industry's biggest names to look for shale gas in the UK, its chief executive said, amid growing demand to develop the country's unconventional resources. Exxon Mobil was linked with IGas in December over a possible partnership.
LONDON, Jan 15- Copper prices hit two week lows on Tuesday as investors grew concerned about a looming battle in Washington over the government's borrowing limit, and about the cloudy outlook for demand from top consumer China.
*Palladium reaches highest since March 2012. LONDON, Jan 15- Platinum prices rallied to three-month highs on Tuesday after the number one producer of the metal, Anglo American Platinum, said it would mothball two South African mines and sell another, cutting output by around 400,000 ounces.
LONDON, Jan 15- Copper prices fell on Tuesday to a two-week low, dragged down by a slight rebound in the dollar against the euro, with uncertainty about the outlook for demand from top consumer China also weighing on prices.
*To close four shafts in the platinum belt, sell Union mine. JOHANNESBURG, Jan 15- Anglo American Platinum, the world's top platinum producer, said it will mothball two South African mines, sell another and cut 14,000 jobs in moves to restore profits that may provoke a repeat of last year's strikes when about 50 people died.