Tuesday, March 29, 2011

MINEWEB.COM'S TOP STORIES: Industrial silver demand will hit record 665.9 Moz in 2015-Silver Institute/GFMS

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FEATURED PODCAST                                                     

Japan, copper and expectations versus reality - Simon Hunt

The longer term impacts of the tragedy in Japan are difficult to predict and, there is no certainty that copper will benefit to any great degree from the country's reconstruction
 

TOP STORIES | Tuesday , 29 Mar 2011                                                     

Industrial silver demand will hit record 665.9 Moz in 2015-Silver Institute/GFMS

A report released by the Silver Institute says silver's industrial uses are the largest component of silver fabrication demand, and should continue to rise sharply by 2015.    Tuesday , 29 Mar 2011

Japan's nuclear disaster will delay, not end 'nuclear renaissance'- Mohr

As African political upheaval boosts gold prices, Scotiabank economist Pat Mohr suggests the nuclear crisis in Japan will delay, not derail the nuclear renaissance in a number of nations.    Tuesday , 29 Mar 2011

Kitchen fire to knock FY gold production - Agnico-Eagle

The gold producer said a fire at its Meadowbank mine in Nunavut which destroyed the kitchen, will result in lower gold production from the mine this year, dropping FY group production to 1.08 to 1.15m ounces    Tuesday , 29 Mar 2011

Gold imports skyrocket in Ahmedabad

While a Morgan Stanley research report shows that urban Indians seem to prefer property to gold over the long term, farmers in areas like Ahmedabad are investing heavily in the yellow metal    Monday , 28 Mar 2011

Rio Tinto in last ditch negotiations with CSN on Riversdale - Source

According to a letter from Rio Tinto's lawyer released by Riversdale to the ASX, Rio "genuinely believes that an outcome of those discussions is likely to emerge during the course of this morning    Tuesday , 29 Mar 2011

Gold hitting resistance around $1,440 but upward bias to remain

While the possibility of consolidation in the short term is good, global monetary and currency problems as well as higher inflation will continue to drive the price of gold higher.    Tuesday , 29 Mar 2011

ICVL bids for Anglo American's Grosvenor coal mine

An Indian consortium has placed a $200m second-round bid, for a 12% holding in Anglo American Plc's Grosvenor mine in Australia. The bid values the mine at $1.6 billion.    Tuesday , 29 Mar 2011

Australia's Greens to oppose PM on key tax break

The political party vowed on Tuesday to oppose A$18bn in new company tax cuts as it is against major companies getting further tax relief but, the move could scupper the government's proposed mining tax plan    Tuesday , 29 Mar 2011

Strike at San Cristobal silver mine enters fourth day

The four-day-old strike at the Bolivian mine, which accounts for about half the country's mining exports , has paralysed the operation, mine owner Sumitomo says    Tuesday , 29 Mar 2011

Grupo Mexico railroad merger approved

A Mexican tribunal has ruled in favour of Grupo Mexico's plan to merge its two rail units, dismissing a complaints by competition authorities, antitrust regulators and the company    Tuesday , 29 Mar 2011

Vale's future depends on execution of capex spending plan - Morgan Stanley

According to a new report by the bank, the miner's ability to execute on its capital spending plans will be paramount for its stock to rise    Tuesday , 29 Mar 2011

No cancellations from Japanese iron ore customers - Vale

According to the firm, it has not received any requests from clients in Japan to cancel iron ore cargoes and, while it says there could be an eventual sales reductions, there would be offset by stronger volumes in China    Tuesday , 29 Mar 2011

SA platinum shares drop on Zimbabwe ultimatum

Shares in SA-listed platinum miners fell as Zimbabwe gave mining firms six months to sell majority stakes to local black investors    Monday , 28 Mar 2011

San Gold Corp says 2011 production to jump 84%

The Canadian gold firm says it also expects significant cost reductions in the coming year as operations get closer to efficiency    Monday , 28 Mar 2011

Gold found close to surface at Tanzania project - Caneco

The Africa-focused mineral exploration firm said it has found near-surface gold mineralization over a 240-metre strike length at is Handeni gold project in Tanzania    Monday , 28 Mar 2011

Yesterday's Top Story: 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

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

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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
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