Tuesday, May 24, 2011

MINEWEB.COM'S TOP STORIES: Chinese citizens turn to gold in one of greatest booms in metal's history

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FEATURED PODCAST                                                     

A reality check for base metals - Natixis

Copper looks set to benefit from the recent drop in prices that brought valuations closer to fundamentals and if anything has improved the outlook for the metal.

FEATURED PODCAST                                                     

Hate paper money, love gold. Gold and silver turning up - Puru Saxena

Hong Kong based Puru Saxena sees Eastern precious metals demand continuing and rising as wealth grows - and sees the recent downturn in prices reversing.
 

TOP STORIES | Monday , 23 May 2011                                                     

Chinese citizens turn to gold in one of greatest booms in metal's history

China's gold consumption is still surging after the final relaxation of strictures against holding the yellow metal in 2001 unleashed one of the world's greatest gold booms.    Monday , 23 May 2011

Anglo American maintains a half full glass approach on Australian exploration

Mining major, Anglo American sees enormous potential for deep cover exploration in Australia, bur worries about Australian dollar strength vs the greenback    Tuesday , 24 May 2011

LPG, coal markets changes have intensified coal power project risks--Fitch

New dynamics in U.S. energy markets have had a negative effect on coal-fired, independent power projects, a recent report by Fitch Ratings has revealed.    Tuesday , 24 May 2011

Of China, gold and interest rate rises

The Chinese population's continuing purchasing of the yellow metal shows that gold demand need not be a victim of higher interest rates    Tuesday , 24 May 2011

New New Zealand coal projects march forward

A major new coal company plans to be in production by the end of this year, while another is progressing what will be the country's first coal seam gas project.    Tuesday , 24 May 2011

Dramatic fall in China rare earths exports

China's rare earths exports in April were 53% down on a year earlier and 12.6% from the March figure, yet export value per tonne rose ten-fold    Monday , 23 May 2011

Gold firms further as European debt crisis goes from bad to worse

Trading at the highest level for 2 weeks, gold is seen as extending rebound to $1,536 on technical analysis.    Tuesday , 24 May 2011

Newcrest's Cadia East gold mining costs could be as low as $100/oz

Addressing Symposium's Broken Hill event, Newcrest's CEO, Ian Smith commented on a number of factors he sees as affecting the Australian mining sector as well as outlining progress on the company's gold mining projects.    Monday , 23 May 2011

Local residents opposed to new gold and silver mining project in historic Comstock Lode

A citizens group, dedicated to preserving the historic Comstock Mining District, is vehemently opposed to plans to resurrect mining for gold and silver in the Comstock Lode.    Monday , 23 May 2011

Pamodzi Gold - Making sense of a savage debacle

A long and winding road down the liquidation of Pamodzi Gold now sees two of its liquidators dismissed and seemingly still nowhere near culmination.    Monday , 23 May 2011

Stronger dollar and euro debt woes weigh down copper price

With the broad decline across the base metals complex; copper prices fell also affected by the increased strength of the dollar and euro zone debt worries.    Monday , 23 May 2011

India battles China to tie up African mineral wealth

The India-Africa story is set to attain new heights with the Indian Prime Minister's visit to African leaders, even as China and India look to renew their battle for African oil and mineral reserves.    Monday , 23 May 2011

Indonesia to review all existing mining permits as new mining regulations passed

Indonesian Finance Minister says that the country will audit more than 8,000 existing mining permits to endure they meet latest mining and environmental legislation.    Monday , 23 May 2011

South African gold and coal mines faced with 14% wage increase demand

South Africa's beleaguered gold mining companies which have some of the highest costs in the industry are facing a demand from the National Union of Mineworkers for a 14% wage hike.    Monday , 23 May 2011

Leading global business adviser sees China's remnimbi replacing the role of the $US

A leading Australian business and political adviser believes China's Remnimbi currency will take over from the American dollar as the global currency for commodity and other trading.    Monday , 23 May 2011

New underground lead/zinc/silver mine in Broken Hill to start next year

Toho Zinc owned CBH Resources is well under way with its development of the Rasp lead zinc silver mine in the historic Broken Hill mining district.    Monday , 23 May 2011

Yesterday's top story: What's turning gold majors, and others, to copper mining

A detailed analysis of the global market for copper and why even 'pure gold' companies are turning to the red metal for continuing growth    Friday , 20 May 2011

PODCASTS / RADIO                                                     

Interest rates, the end of QE2 and gold in euro terms - Julian Philips

A look at what has been going on in the gold market since the dip and why it is worth looking at the price of the metal in currencies other than the dollar

The Platinum market and where it is heading - Johnson Matthey

Johnson Matthey which has just launched its platinum survey says the metal is likely to trade on average at $1,870 over the next six months but, could go as high as $2,000

AngloGold Ashanti and the gold industry - Mark Cutifani

There is a potential for a 20% uptick for the whole gold industry

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CONFERENCES

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

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

 

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