Monday, April 18, 2011

MINEWEB.COM'S TOP STORIES: Lucky Friday mine rescue mission continues, no word from trapped miner

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FEATURED PODCAST                                                     

Gold Fields buys Ghana mine stakes from IAMGOLD - Nick Holland

Gold Fields to buy IAMGOLD's nearly 19% stake in two mines in Ghana
 

TOP STORIES | Monday , 18 Apr 2011                                                     

Lucky Friday mine rescue mission continues, no word from trapped miner

Veteran miner Larry Marek remains trapped underground at Hecla's Lucky Friday mine in Idaho's Silver Valley as rescue crews continue to add and remove material.    Monday , 18 Apr 2011

Capstone to acquire Far West Mining, form Santa Domingo JV with KORES

Canada's Capstone and Far West Mining have agreed to a friendly C$725 million acquisition. Capstone has agreed to a joint venture with Korea Resources to develop Far West's Santa Domingo project.    Monday , 18 Apr 2011

IAMGOLD sells minority stakes in Ghana mines to Gold Fields, faces uncertainty in Burkina Faso

In growing its kitty of cash to $1 billion by selling Tarkwa and Damang, IAMGOLD says it wants to move on to mining projects it controls wholly.    Friday , 15 Apr 2011

Indonesian investment agency to buy 7% of Newmont Indonesia

Indonesia's government said Sunday its state investment agency would by a 7% stake in the US gold miner's Indonesian unit to pave the way for an IPO for the unit    Monday , 18 Apr 2011

NV Tax Commission to take action on mining taxation amendments

The chief of the Nevada Mining Association has told state officials Nevada's mining industry will consider eliminating some net proceeds of mines taxation deductions.    Monday , 18 Apr 2011

Silver like "gold on steroids"- Brian Ostroff

Brian Ostroff of Windermere Capital delves into the gold-silver value proposition and is more bullish on gold stocks than on the metal itself and loves silver. Gold Report interview.    Sunday , 17 Apr 2011

US national treasures threatened by 1872 Mining Law

The law, signed in 1872, allows mining companies, including foreign-owned ones, to take around $1bn in gold and other metals from public lands without paying a royalty    Monday , 18 Apr 2011

How much is the gold price really rising?

The rise in the gold price in terms of other currencies than the dollar has not been as significant although the latest moves suggest that gold is making real gains - or rather that currencies are falling vis a vis gold.    Saturday , 16 Apr 2011

Balmoral Resources surges on high-grade gold in Quebec

The extent of a newly discovered high-grade gold zone at Balmoral Resources' Martiniere project in Quebec - not far from Detour Gold's 11 million ounces at Detour Lake - is growing.    Friday , 15 Apr 2011

Glencore IPO opens door to further deals, including one with Xstrata

Acquisition firepower is one of the main reasons behind Glencore's planned $12bn listing and, while many see Xstrata as its number one target, there are other options    Friday , 15 Apr 2011

Anaconda Mining posts fifth straight quarterly loss

The miner said the net loss for Q3 was $1.9m but said expenses were lower than a year ago and production rose sequentially    Monday , 18 Apr 2011

SA's NUM considering protest over mine deaths

South Africa's National Union of Mineworkers said Friday it was considering shutting down the sector for a day to protest a recent rise in mining deaths    Saturday , 16 Apr 2011

Gold Fields ups stake in La Cima to boost gold output

Tier 1 gold miner, Gold Fields, has bought nearly all the shares in a Peruvian subsidiary for $382 million to increase its attributable gold production from Cerro Corona mine.    Sunday , 17 Apr 2011

A cross section of precious metal price forecasts

As gold prices hit another new all-time high and silver flirts with $42, expectations among analysts seem to centre around the $1,500 per ounce level for gold.    Friday , 15 Apr 2011

No clarity yet when Masimong will reopen - Harmony Gold

Harmony Gold said Friday it is unsure when its Masimong mine, closed on Thursday after an accident, would reopen    Friday , 15 Apr 2011

Weekend Top Story: Coeur says Morales Administration won't nationalize San Bartolomé mine

Bolivian officials says President Evo Morales will announce on May 1 that he is dismantling Bolivian mining's "privatization model" and will nationalize former state-owned mines.    Friday , 15 Apr 2011

PODCASTS / RADIO                                                     

Money supply, inflation and gold's currency role - Adrian Day

A look at the staggering increase in US money supply this year and its implications for both inflation and the gold price as well as a look at the effect of 'poor man's gold' on silver

Silver, gold, and struggling currencies - Ian McAvity

A look at the hot money flowing into silver, the implications of gold acting as a mirror for currencies seemingly in a race to the bottom and China's role in the copper market

Vale's bid for Metorex: Terrence Goodlace, Metorex CEO

"This is totally unsolicited. We had no mandate to sell the company."

GGG Resources's off-market takeover offer for Auzex Resources Limited

Western-Australian mining exploration and development company, GGG Resources plc (GGG), has lodged its Bidder Statement in relation to its off-market takeover offer for all of the fully paid ordinary shares in the capital of Auzex Resources Limited (Auzex) which GGG does not own. GGG has also lodged a fourth supplementary prospectus in relation to its proposed admission to the official list of the Australian Securities Exchange with the Australian Securities and Investment Commission (ASIC). Copies of both documents are available to download from the Company's website www.gggresources.com, and today's release should be read in conjunction with those documents. For full release, click here

 

 

CONFERENCES

IIC 2011 New York Hard Assets Conference
Date: 09 May 2011 - 10 May 2011
Venue: Marriott Marquis Hotel, New York
Major mining investment conference held each year in New York. Mineweb's Lawrie Williams and Kip Keen will be in attendance Read More
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
CHI World Resource Investment Conference 2011
Date: 05 June 2011 - 06 June 2011
Venue: Vancouver Convention Centre East
Featuring a world class line-up of speakers, covering all types of direct investments in resource public companies, speculative investing, resource exploration, oil & gas, green technology and clean energy, world outlook, investment strategies and more! Mineweb's Jan Chadwck will attend. Read More
Diggers and Dealers 2011 Forum
Date: 01 August 2011 - 03 August 2011
Venue: Kalgoorlie, WA
This important Australian annual mining conference combines presentations by listed mining and exploration companies with a large exhibition area housing exhibitors from the mining, exploration and service sectors. 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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