Monday, March 28, 2011

MINEWEB.COM'S TOP STORIES: Alacer Gold announces 182% increase in Ҫӧpler project LOM production

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TOP STORIES | Monday , 28 Mar 2011                                                     

Alacer Gold announces 182% increase in Ҫӧpler project LOM production

A Preliminary Feasibility Study says adding a sulfide circuit to the Ҫӧpler project will augment mine production by 2.5 million ounces of gold and 91 million pounds of copper.    Monday , 28 Mar 2011

Bull run for gold may be nearing its end - China Central Bank

Western recovery will continue, but loose monetary policies will push commodity prices higher, while downside risk on gold is seen by China's Central Bank.    Sunday , 27 Mar 2011

Brazilian media reports Vale CEO ousted

According to Brazilian media, the miner has pushed out CEO, Roger Agnelli, under pressure from the government, and is looking for an internal replacement    Monday , 28 Mar 2011

ISS proxy group favors Equinox Minerals' bid for Lundin Mining

The proposed friendly merger between Lundin Mining and Inmet Mining sustained a serious blow as a top proxy voting consultant advises shareholders to vote instead for Equinox Minerals' bid.    Monday , 28 Mar 2011

Investors betting Rio will settle for minority stake in Riversdale

After failing to secure the 50% stake needed for control in its $4bn bid for Riversdale Mining, investors speculate that Rio would rather drop the condition than walk away    Monday , 28 Mar 2011

World's top copper miner sees strong metal prices continuing for some time

Codelco's 2010 copper output fell, but looking for steady production in 2011, while profits have been rising on strong copper prices and look like remaining positive in the years ahead    Friday , 25 Mar 2011

What's driving the gold price onwards and upwards?

The rise in the price of gold is not about gold itself, but in the growing perception that manmade money is being debased by the governments which issue it.    Saturday , 26 Mar 2011

Chill winds blow for platinum miner Anooraq

South African platinum miners are currently facing a rather difficult landscape, but BEE "covenants" are making life even more difficult    Friday , 25 Mar 2011

ArcelorMittal emerging as world's No 5 iron ore miner.

According to RBC Capital Markets, when ArcelorMittal reports mining assets separately, AM Mining could rank as the fifth largest iron ore producer globally,    Friday , 25 Mar 2011

Gold to top out around $1,500 in Q4 2011 – SocGen

The investment bank expects gold to keep trending higher until the market starts discounting a near-term normalisation of US policy rates; likely to outperform base metals in the second half of the year    Friday , 25 Mar 2011

Gold - will she - won't she! Action and reaction

Gold hit a new high in London yesterday, but immediately saw a sharp reaction which brought the price back. How long is this latest correction likely to last?    Friday , 25 Mar 2011

Mugabe says he will stay firm on local-shareholding policy

Addressing supporters on the weekend, Zimbabwean president, Robert Mugabe said his party would not back down on a controversial policy drive to force foreign-owned firms to sell majority stakes to locals    Monday , 28 Mar 2011

Miners worried about coming labour, equipment squeeze

As the number of planned mining projects ramps up, gold, copper and iron ore miners are worried that a lack of skills and equipment will begin to slow or delay projects    Monday , 28 Mar 2011

Sumitomo blast furnaces back up and running

Sumitomo Metal Industries has restarted full operation at its quake-damaged Kashima steelworks and power generation plant    Sunday , 27 Mar 2011

DRC cashes in as gold smuggling plot smashed

Authorities in the Democratic Republic of Congo (DRC) have freed five after a $3 million fine paid and gold and cash confiscated in a plot to smuggle gold to Nigeria from the conflict-ridden east of the country.    Saturday , 26 Mar 2011

Western Copper working with regulators to permit Yukon copper mine

Western Copper is now working with regulators to see how it can modify plans to allow the Carmacks copper project to go ahead    Saturday , 26 Mar 2011

Four copper miners killed at Vedanta's Nchanga operation

Four workers have been killed in an accident at Vedanta's Nchanga copper mine in Zambia. They were working on a new mill expansion project.    Friday , 25 Mar 2011

Weekend Top Story: Silver breaches new frontier in India but imports fall

As silver prices hit another record, a look at imports show that while China continues to buy silver, India's imports of the metal are down significantly as a result of the higher prices    Friday , 25 Mar 2011

PODCASTS / RADIO                                                     

Gold heading toward cyclical high - Jeff Christian, CPM

"The economy on a global basis is continuing to grow and is probably more stable than it was two years ago - so there are some reasons to reduce some of the risk premia that you're seeing in the gold"

Harmony, diamonds and the lingering impact of Japan

A look behind the jump in Harmony Gold's shares, what is happened to the diamond market and further implications for commodities from Japan's earthquake rebuild

Japan and the Uranium market - Ed Sterck, BMO Capital Markets

A look at some of the possible longer term impacts of the Fukushima disaster on the uranium sector and how current valuations should be viewed

Malbex reports additional higher-grade mineralization at Del Carmen Norte, including 46 m at 3.31 g/t gold and 25.2 g/t silver

Malbex Resources Inc. (TSX-V:MBG) announced results from three drill holes, including additional higher-grade results, from the Rojo Grande target on the Company's Del Carmen gold-silver project in San Juan province, Argentina. Hole DDHC-11-046 was collared approximately 80 metres (m) southeast of hole DDHC-11-042 (103 m at 2.84 g/t gold, PR Feb. 22, 2011) and has expanded the higher-grade mineralization recently discovered in this part of the Rojo Grande silicified ledge: Read More

 

CONFERENCES

The Australian Resources and Energy Conference 2011
Date: 21 May 2011 - 25 May 2011
Venue: Broken Hill, Australia
The inaugural Australian Energy and Resources Symposium will be held in the iconic outback town of Broken Hill, NSW and will showcase Australian resources and energy companies to investor delegations from across the globe. Read More
San Francisco Hard Assets Investment Conference
Date: 27 November 2011 - 28 November 2011
Venue: San Francisco Marriott, USA
Read More

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ENGINE ROOM

Editorial
Lawrie Williams, London
Dorothy Kosich, Reno
Geoff Candy, Groningen
Barry Sergeant, JHB
Rhona O'Connell, London
Shivom Seth, Mumbai
Ross Louthean, Perth
Kerry Stevenson, Sydney

Sales and Marketing
Jan Chadwick, International
Wendy Hora, Australasia

Alec Hogg - Editor in Chief

 

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