Thursday, April 21, 2011

MINEWEB.COM'S TOP STORIES: Mining halted at Freeport's DOZ mine after employee deaths

Mineweb logo
 

 
 

TOP STORIES | Thursday , 21 Apr 2011                                                     

Mining halted at Freeport's DOZ mine after employee deaths

Freeport-McMoRan Copper & Gold CEO Richard Adkerson told analysts the partners at the Tenke Fungurume operation in the DRC are considering building a cobalt refinery.    Thursday , 21 Apr 2011

Junior mining stock spin-out factory ramps up

Spinning out assets is proving popular this year, with Canaco Resources the most recent to announce plans to forge a new exploration company.    Wednesday , 20 Apr 2011

Have gold stocks lost their premium rating?

Large cap gold stocks will continue to move with the gold price as it heads higher but, the significant premiums that investors attached to the companies are getting smaller and smaller    Wednesday , 20 Apr 2011

Monsanto mine to pay $1.4m penalty for Idaho waterways phosphate pollution

The EPA and the U.S. Department of Justice say a $1.4 million settlement involving pollution in Southern Idaho's phosphate patch "resolves a long-standing hazard to fish, wildlife and the environment."    Thursday , 21 Apr 2011

Anglo American Q1 numbers hit by freak weather

Anglo American said coal output fell 37% on the back of heavy rains in Australia and said that its iron ore and copper production numbers also suffered from freak weather    Thursday , 21 Apr 2011

Detour hits even more gold beyond pit shell

Drilling beyond the open-pit shell of an already massive gold deposit, Detour Gold is pushing the limits of gold mineralization with new discoveries.    Wednesday , 20 Apr 2011

Cobalt's "Rumble in the Jungle"

The DRC's Katanga Province is the world's principal supplier of mined cobalt but exports are beset with drastic transportation problems which will continue until the Benguela Railway is rebuilt .    Thursday , 21 Apr 2011

Allocated and unallocated gold. Can a U.S. investor hold gold securely?

The various options for a U.S. investor to hold gold are discussed in the light of the University of Texas' decision to replace its 'paper' gold with bullion.    Wednesday , 20 Apr 2011

Yanzhou Coal on the bidder shortlist - Whitehaven

The Australian coal miner said Thursday that China's Yanzhou Coal is one of a short list of potential buyers for the $3.6bn company    Thursday , 21 Apr 2011

Costs weigh on African Barrick Gold numbers

African Barrick Gold said Q1 net profit fell 5% to $50.4m as production fell 2% and cash costs jumped 28%    Thursday , 21 Apr 2011

Rautaruukki hikes 2011 sales forecast on better-than-expected Q1 numbers

The Finnish steelmaker said robust sales and higher prices helped it produce stronger-than-expected results for the quarter    Thursday , 21 Apr 2011

JFE Holdings reports 67% drop in quarterly profits

The Japanese steelmaker said the drop in quarterly profits came after a devastating earthquake on March 11th curtailed shipments but, provided no guidance for the full year    Thursday , 21 Apr 2011

Tanzanite One Q1 sales up 48%

The Gem producer said sales rose almost half to $3.96m over the quarter while production grew at 8% over the same period    Wednesday , 20 Apr 2011

Mongolia halts coal deliveries to China after border closure

China's closure of a part of the border between the two countries on Tuesday, as a result of a technical glitch has resulted in a ban on trucked coal deliveries that is expected to last about two days    Wednesday , 20 Apr 2011

Equinox postpones Lundin vote

Equinox Minerals said it has postponed a vote on its bid for Lundin to May 6th, as it awaits a formal offer from Minmetals    Thursday , 21 Apr 2011

Polyus Gold Q1 output up 60%

Russia's top gold digger said it produced 323,000 ounces of the yellow metal in Q1, 60% more than the same period the year before    Wednesday , 20 Apr 2011

Harmony CEO says Wafi-Golpu gold mine development cost could reach $4 billion

The cost of developing the huge Wafi-Golpu gold-copper project in PNG could be as much as $4billion according to Harmony CEO, Graham Briggs.    Wednesday , 20 Apr 2011

Rio Tinto buys CSN's Riversdale stake for $830m

Brazilian steelmaker CSN has agreed to sell its 19.9% stake in Australian coal miner Riversdale, to Rio Tinto for $830m    Wednesday , 20 Apr 2011

Electric vehicles to power lithium demand, but price advances less certain

Demand for lithium is rebounding from a dip in 2009. Byron Capital Markets Battery Materials and Technology Analyst Jonathan Lee reveals his forecast for prices, supply and demand. Energy Report interview    Wednesday , 20 Apr 2011

Metso ups earnings outlook on strong mining sector

Strong industrial markets, of which mining will be a key component, have Metso upping its earnings outlook for 2011.    Wednesday , 20 Apr 2011

Yesterday's Top Story: Sprott duo sue Aurcana over canceled $25M silver mine debt financing

Rising silver prices lead Canadian junior Aurcana to cancel debt financing proposal with two Sprott companies - and it gets sued as a result.    Tuesday , 19 Apr 2011

PODCASTS / RADIO                                                     

Rare earth prices and Molycorp's Santoku America acquisition- Mark Smith: Molycorp CEO

A look at the reasons behind the rare earth miner's latest deal, how it fits in with the AS Silmet deal announced earlier and a view on why the rare earth supply squeeze could last longer than many expect

Gold Fields buys Ghana mine stakes from IAMGOLD - Nick Holland

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

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

The changing dynamics of gold stocks - Eric Coffin

Hard Rock Analyst co-editor, Eric Coffin sees gold prices well underpinned currently but says there are some changes at work within gold equities

Mineweb is the world's top mining and mining investment news website and is read in over 200 countries daily by mining company executives, financiers and investors.  According to independently published global website analysis, Mineweb is ranked far higher in terms of daily readership than any other directly competitive website.

Mineweb is updated around the clock, so to keep abreast of news throughout the day we suggest you do check our homepage for updates - www.mineweb.com

Follow mining news updates on Twitter http://twitter.com/Mineweb

I-PAD APP: Mineweb is also developing a brand new app for I-Pad and I-Phone which will be rolled out to other platforms too. It is due to launch within the next few weeks. It will have substantial additional capabilities and functionality to the website. To find out when the new Mineweb app will become available register your interest by sending an email to apps@mineweb.com.  For a demo showing some of the features click on www.mineweb.com/apps

 

 

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

FEATURED
COMPANY

View more featured mining companies

ENGINE ROOM

Editorial

Europe

Lawrie Williams, London
Geoff Candy, Groningen
Rhona O'Connell, London

Americas

Dorothy Kosich, Reno
Kip Keen, Halifax, NS

Africa

Barry Sergeant, JHB

Asia and Australsia

Shivom Seth, Mumbai
Ross Louthean, Perth
Kerry Stevenson, Sydney

Sales and Marketing
Jan Chadwick, International
Wendy Hora, Australasia

Editor in Chief

Alec Hogg, Mooi River, SA

 

   Manage your subscription | Subscriber help

   If you can't access the Mineweb site from this email, please email us with the words "Problem email" in the
   subject line, and we will address the problem.

   You have voluntarily joined this mailing list. To unsubscribe, please click here

   © Mineweb 2010 | Terms and Conditions of use | About Mineweb | Contact Mineweb | Advertise

No comments:

Post a Comment