| | | | 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 | | | | | TOP STORIES | Tuesday , 10 May 2011 | | Coeur d'Alene Mines CFO Mitchell Krebs says the Idaho-based miner's 2011 metals sales are on track to exceed US$1 billion. Tuesday , 10 May 2011 | | Canada's Quebec province is targeting $83bn in private and public investment in its vast northern reaches over the next 25 years in a bid to become a mining powerhouse Tuesday , 10 May 2011 | | Coeur d'Alene-based Hecla Mining reported net income nearly doubled to US$43.36 million in the first quarter of this year. Tuesday , 10 May 2011 | | SA's third-ranked platinum miner, Lonmin, emerges strongly from years of turmoil and restructuring with a 9% jump in platinum sales and a more than doubling in underlying profits Monday , 09 May 2011 | | Last week's big pullback in gold, silver and other commodities does not signify a turning point in the markets, but more of a technical correction. Tuesday , 10 May 2011 | | Silver's price slump has done nothing but raise demand for silver in India as companies hand out silver coins as part of employee bonus packages and jewellery stores promote silver as an affordable alternative to gold. Monday , 09 May 2011 | | At current growth rates China's economy may match that of the U.S. by 2016 and growing wealth will ensure that by the end of the decade China is likely to dominate the world's gold market. Monday , 09 May 2011 | | The South Australian government said it will provide some technical support to Tasman Resources in its quest to ascertain whether or not its Vulcan prospect is of the same age and family as Olympic Dam Monday , 09 May 2011 | | Get in cheap while companies are relatively unknown and then pick up doubles, triples, or better when they hit the big time-that is AlphaNorth Asset Management Founder Steve Palmer's investment strategy. Interview with The Gold Report. Monday , 09 May 2011 | | The silver royalty firm said profit for the quarter more than doubled to $122.2m from $50.6m a year earlier on the back of soaring silver prices and record production Tuesday , 10 May 2011 | | The world's top copper producer, which is facing rising power needs and drought-induced energy worries, is to proceed with the $3.5 billion HidroAysen hydro-power dam project despite environmental worries Tuesday , 10 May 2011 | | The Canadian precious metals firm said it has cut its 2011 palladium production forecast because of a shift in focus from production to development Tuesday , 10 May 2011 | | Canadian miner, Great Western Minerals, said Monday it has received approval from South Africa's nuclear regulator to begin refurbishing the Steenkampskraal rare earth mine Monday , 09 May 2011 | | Australia's second-largest steel producer said it has cut its earnings forecast on the back of strong appreciation in the Australian dollar and pressure on domestic steel margins Tuesday , 10 May 2011 | | The stainless steel business spun out of ArcelorMittal said economic uncertainty, a weak dollar and a drop in nickel prices among other things are likely to conspire to put pressure on margins during the quarter Tuesday , 10 May 2011 | | An official at India's state-run National Aluminium company said the decision was prompted by changes in the LME rates for the metal Tuesday , 10 May 2011 | | The Africa-focused miner reported a 37% rise in first-quarter profit despite a shutdown at its Frontier mine in the DRC. Monday , 09 May 2011 | | The copper-cobalt miner has reported profits of $42.0mln and sales of 171.0mln; but did not provide the previous year's quarter results for comparison. Monday , 09 May 2011 | | According to Lipper funds, investors in commodity exchange traded funds were not overcome by last week's price plunge. Monday , 09 May 2011 | | Even if the bearish mood toward the metal persists for some time, silver producers are still likely to generate significant profits and few analysts see the drop as the start of a long-term trend Monday , 09 May 2011 | | 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 | | 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 | | GFMS CEO, Paul Walker says the current state of U.S. finances is another reason to be bullish on gold at the moment. | | |
| 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 | 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 | 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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