Wednesday, May 11, 2011

MINEWEB.COM'S TOP STORIES: Domestic Chinese silver consumption has outpaced China's silver supply-CPM Group

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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
 

TOP STORIES | Wednesday , 11 May 2011                                                     

Domestic Chinese silver consumption has outpaced China's silver supply-CPM Group

Precious metals consultants, CPM Group, predict Chinese silver fabrication demand will rise 15.6% to 177.2 million ounces this year, well exceeding the forecast 104.6 million of domestic silver mining production.    Wednesday , 11 May 2011

New regs make Indonesian mining less attractive to foreign investors-S&P

S&P warns that Indonesia's mining industry is undergoing a regulatory overhaul that is likely to weaken the operating and financial performance of domestic mining companies.    Wednesday , 11 May 2011

With 100 hot ones to choose from can you really call gold stocks "scarce"?

With a list of 100 hot gold stocks, we take a look at some of the other reasons why Barrick may have decided to make a bid for Equinox Minerals    Tuesday , 10 May 2011

Jeff Nichols' 11 reasons to be bullish on gold - factors that could drive it to $5000

$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

First Quantum's second act

After losing its assets in the DRC under cloudy circumstances, First Quantum has put its best foot forward in Zambia, and is reaping the rewards of its efforts    Tuesday , 10 May 2011

Soaring rare earth prices help Molycorp narrow quarterly loss

Shares in the rare earth miner fell as much as 5% in aftermarket trading after the group said it had narrowed its quarterly loss but, failed to meet analyst expectations    Wednesday , 11 May 2011

Lundin Mining reports 37% increase in quarterly profit

High metal prices and increased production helped to boost the diversified base metal miner's profits to $71.2m for the quarter    Wednesday , 11 May 2011

BNP expects nickel to perform worst among the base metals in 2011

The bank expects nickel prices to decline 11% by year-end, despite an expected supply deficit of around 30,000 tonnes.    Tuesday , 10 May 2011

BHP plans to move head office for diamonds and specialty products to Saskatchewan

The decision to move the unit, which oversees its potash developments in Saskatchewan and its Ekati diamond mine in the country's Northwest Territories, is part of the plan to develop its Jansen project    Wednesday , 11 May 2011

Strong prices, shipments to push earnings to post-crisis high in Q2 - ArcelorMittal

The world's largest steel-maker, which reported better-than-expected Q1 earnings, said it expects earnings to reach a post-crisis high in the current quarter of between $3bn and $3.5bn    Wednesday , 11 May 2011

No impact from Namiba policy shift expected - Paladin

The Australian uranium miner says it does not believe it will be affected by Namibian government plans to change its policy on the ownership of strategic minerals    Wednesday , 11 May 2011

Venture Minerals to start tin production in 2013

The Australian miner says it is aiming to start production of the metal from its Mount Lindsay project in Tasmania in 2013 in a bid to take advantage of strong global demand for the metal    Wednesday , 11 May 2011

Barminco awarded major underground gold mining contracts by AngloGold Ashanti

Barminco has had its underground mining contract with AngloGold on the Sunrise Dam gold mine rolled over for another five years, making it the company's largest ever underground mining contract.    Tuesday , 10 May 2011

Chinese bid for uranium stock Kalahari withdrawn

China Guangdong had to withdraw its offer for Kalahari Minerals as UK takeover panel would not allow it to make reduced offer.    Tuesday , 10 May 2011

Yesterday's Top Story: What does China's rapid growth mean for gold?

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

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

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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
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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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