Thursday, May 12, 2011

MINEWEB.COM'S TOP STORIES: B.C. mining revenues, earnings neared record highs in 2010--PwC

Mineweb logo
 

 

FEATURED PODCAST                                                     

Gold and China, silver and volatility - Edel Tully, UBS

A look at where gold goes from here with a focus on China's continuing role and a view on silver
 

TOP STORIES | Thursday , 12 May 2011                                                     

B.C. mining revenues, earnings neared record highs in 2010--PwC

A new PwC report says "BC mining companies are riding the wave of strong demand and high commodities prices" as revenues and earnings nearly reached record highs in 2010.    Thursday , 12 May 2011

Gold could hit $1,600 this year while silver continues its rollercoaster ride - UBS

The yellow metals performance in the face of silver's washout last week was rather impressive and an addition to the factors why UBS expects gold to continue going higher this year    Wednesday , 11 May 2011

Volatility in gold, silver and other hard assets an investment opportunity - Grandich

Why has the price of gold punched through every barrier to a record high of $1,500/oz.? Peter Grandich explores if it's time to unload silver and transition out of gold. Gold Report interview.    Thursday , 12 May 2011

IAMGOLD Q1 earnings almost triple on high gold price

Mid tier gold miner, IAMGOLD's Q1 earnings rose sharply as its new Essakane mine came on stream. Production outlook for current year cut on proposed sale of Ghana mines.    Thursday , 12 May 2011

Chinese likely to return with new bid to control major Namibian uranium project

Consensus is that Chinese company CGNPC will return with a revised bid for Kalahari Minerals, or bid directly for extract resources, to gain control of Husab uranium megaproject    Wednesday , 11 May 2011

B.C. Commission finds no fault with Oct. 2010 Taseko stock plunge

Taseko Mines' revised Prosperity copper-gold project proposal now awaits federal government action as BC Commission finds no basis to take action on October stock plunge.    Thursday , 12 May 2011

AngloGold Ashanti, sans gold hedgebook, delivers on cue

Freed of its crushing gold hedge book, cash flows are booming for the transnational gold miner as prices climb and Q1 profits significantly stronger.    Wednesday , 11 May 2011

A third uranium deposit shapes up for Hathor at Roughrider

A third uranium deposit is quickly growing in size for Hathor and has the potential to add significant U3O8 resources to the company's Roughrider project.    Wednesday , 11 May 2011

Uranium One breezes through Fukushima crisis

Global uranium miner, Uranium One, moves further towards Top Five global producers, boasting lowest industry costs.    Wednesday , 11 May 2011

Carpathian eyes doubling gold-copper resource at Ciresata, 2012 production in Brazil

Dino Titaro, Carpathian Gold president and CEO, is optimistic about resource expansion in Romania and near-term gold production in Brazil.    Wednesday , 11 May 2011

Zambia sees increase in copper output

Zambia announced a rise in copper output in the first quarter of 2011 from 196,466 tonnes to 204,597 tonnes.    Wednesday , 11 May 2011

Philex takes on new copper-gold projects in Philippines

Major Philippines base metals miner Philex is to acquire 60% of a copper and gold project in Mindanao and also enter into JV with Manila Mining on another copper gold project in Surigao    Thursday , 12 May 2011

Bank of Mexico governor sees value in gold holdings

The governor of Mexicos' Central Bank, which bought 93 tonnes of gold in Feb and March, says is not fleeing US dollar.    Thursday , 12 May 2011

High silver price and Q4 production boosts Silvercorp earnings

Strong sales coupled with high silver and gold prices led to Silvercorp rise in quarterly profits.    Thursday , 12 May 2011

Namibian Minister clarifies mining rights policy - existing licences safe

Namibia's Mines Minister confirms existing mining rights safe within its new policy to award strategic rights to state mining entity.    Wednesday , 11 May 2011

Australian budget implications: If China sneezes Australia will get pneumonia

Australia's budget has been slated as not tough enough by analysts and concerns abound that any hope Australia has of moving from deficit to surplus rely too much on China    Wednesday , 11 May 2011

Big Russian base metals company looking at Toronto IPO

Russian oligarch controlled Intergeo, which is said to be worth over $1 billion, is looking at a Toronto IPO.    Wednesday , 11 May 2011

London Gold Market sees sharp gains before another fall-off

Gold hits 1-week high in London morning trade as Europe "Rearranges the Deckchairs" on Titanic Greek debts, silver regains one-third of plunge, but all fall back as U.S. comes on line.    Wednesday , 11 May 2011

Energy ETP investors withdraw over $1bn during April - Blackrock

A dip in energy commodities led to energy ETPs seeing big outflows even before the traditional May sell off, while precious metals continued to get good inflows.    Wednesday , 11 May 2011

Yesterday's top story: Eleven factors that could drive gold to $5000 - Jeff Nichols

$1700 gold this year, $2000 next and possibly $3000 or perhaps $5000 this decade before it eventually falls back are Jeff Nichols' predictions for the gold price.    Wednesday , 11 May 2011

PODCASTS / RADIO                                                     

Global steel and the important role of India -Mike Elliot

Ernst & Young's Mike Elliot says, while India looks set to become a global steel powerhouse, over capacity remains a concern globally as does the continued increase in input costs

Profit taking, rotation, mining quarterlies and the minor metals

This week's edition of Barry Sergeant on Mining looks at the numbers out from Vale and some big gold miners, the commodity sell off and the likelihood of rotation

Investment demand to underpin platinum prices, despite expected surplus - GFMS

According to GFMS's Platinum and palladium survey, platinum prices are expected to continue to firm in 2011 as investment demand picks up the slack, despite an expected surplus

Featured Press Release

Malbex reports best drill results to date:  267 metres at 2.05 g/t gold and 29.3 g/t silver

Malbex Resources Inc. (TSX-V:MBG) today announced results for eight drill holes on the Company's Del Carmen gold-silver project in San Juan province, Argentina.

 "Rojo Grande is looking better with every drill hole," said Tim Warman, President and CEO. "Based on last season's results, we started this season viewing Rojo Grande as a relatively homogenous zone of oxide mineralization grading 0.5 to 1 g/t gold over long intervals. But about 25% of the holes reported this season have exceeded those expectations, moving us closer to our goal of defining an economic deposit at Rojo Grande."

To read full release click here

 

 

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
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 Australasia

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