Gold Sinks for Seventh Session in a Row - MarketWatch 05/17/13
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Gold Hits 1-month Low as Fed Pressured to End Stimulus - Reuters 05/17/13
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Kitco Metals Outlook: Gold to Watch the Dollar, Bernanke Next Week - Kitco 05/17/13
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India: Gold Traders Scramble for Supplies Despite High Premiums
Gold traders and jewellers in India, the world's biggest buyer of the metal, were scrambling for supplies after the central bank restricted imports on a consignment basis, triggering a surge in premiums. - Business Standard 05/17/13
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Rand Refinery in Deal to Sell Gold in US
"The refinery has recently formed an alliance with US company Dillon Gage Group Inc. to market and sell gold- and silver-minted bars in the country," Chief Executive Officer Howard Craig said in an e-mailed response to questions. - Business Report 05/17/13
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Mine Union Threatens to Bring South Africa to 'Standstill'
The leader of South Africa's biggest platinum mining union threatened on Friday to bring Africa's No. 1 economy "to a standstill" and demanded a meeting with President Jacob Zuma, ramping up the rhetoric in an 18-month labor crisis. - Reuters 06/17/13
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South African Mines Cannot Afford Pay Rises - Impala
South Africa's mining industry can ill afford to offer wage rises during talks that are about to start with a new and unpredictable union, so it may well face fresh strikes, Impala Platinum said on Friday. - Reuters 05/17/13
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Marikana: NUM and AMCU Resort to Recruitment over a Gun Barrel
The Association of Mineworkers and Construction Union's battle to consolidate power over the NUM at the Marikana platinum mine has taken on martial proportions. - Mail & Guardian 05/17/13
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OPEC-style Platinum Cartel a Pipe-dream
South Africa is the Saudi Arabia of platinum with steroids thrown in. But Pretoria could never manipulate the platinum price the way the Middle Eastern kingdom can influence oil's, and talk of a platinum cartel is a pipe-dream. - Reuters 05/16/13
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CPM Group Silver Yearbook 2013 Released
The Silver Yearbook 2013 identifies several major, some potentially structural, shifts in investment demand, fabrication demand, supply, and silver market trading activity in 2012 that confirm 2011 as the peak year in the silver market and 2012 as the first year in a multi-year period of declining silver prices. - CPM Group 05/16/13
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Kitco Reports on CPM Group's Silver Yearbook
Fabrication demand for silver slipped in 2012, but silver's usage in industrial applications is expected to rise next year as jewelry purchases pick up and photovoltaic use rebounds, said the CPM Group. Investment demand for silver is expected to slip after a strong 2012 as investors are less willing to chase higher prices, the New York-based consultancy said in its annual Silver Yearkbook report that reviews the state of the silver sector. - Kitco 05/16/13
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Gold Shipment Valued at $625,000 Goes Missing at Miami Airport
Miami International serves as a major trans-shipment point for large quantities of gold produced in South America and exported primarily to Switzerland for refining. - Reuters 05/16/13
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Rand Refinery 'Looks to Cut Reliance' on South African Gold
Rand Refinery has embarked on an active strategy to reduce its reliance on processing South African gold as domestic production slides. Among plans are increased capacity to refine silver at its Germiston plant, as well as stepping up activities outside Africa, and setting up an office in Singapore, CEO Howard Craig said on Tuesday. - Business Day 05/15/13
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