Thursday, May 5, 2011

MINEWEB.COM'S TOP STORIES: Goldcorp reports 150% jump in adjusted net earnings for Q1

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TOP STORIES | Thursday , 05 May 2011                                                     

Goldcorp reports 150% jump in adjusted net earnings for Q1

Goldcorp CEO Chuck Jeannes said the company remains comfortable with its 2011 gold production guidance of 2.65 million to 2.75 million ounces.    Thursday , 05 May 2011

Rio Tinto to weather storm of fragile global economy

Diversified mining giant, Rio Tinto, sees financial, economic imbalances creating volatility, but reckons it will weather the storm. Is confident on long-term strength in iron ore demand    Thursday , 05 May 2011

Mexico makes third largest Central Bank gold purchase of past ten years

By buying 93 tonnes of gold during February and March, Mexico has busy been converting what it sees as a weak dollar into the world's prime hard asset.    Wednesday , 04 May 2011

Gold and silver to dip in the short term but ride is not over yet - Nichols

The current state of US fiscal and monetary policy, continued growth from Asia and the entrance of new players into the market mean that the longer-term silver and gold upcycle still has some years to run    Wednesday , 04 May 2011

New Gold reports 85% increase in 1Q11 net profit, confirms guidance

New Gold reported a nearly 40% increase in quarterly gold production to 107,622 ounces during the first quarter of the year.    Thursday , 05 May 2011

When it rains it pours for gold and silver explorers

All in a morning's work: Continental Gold, Extorre Gold Mines and Kirkland Lake reported a swath of bonanza grade drill intercepts at their flagship projects Wednesday AM.    Wednesday , 04 May 2011

Orocobre's Argentinian lithium project now needs financing, state approval

A feasibility study has given Orocobre a huge vote of confidence for its lithium-potash brine project in Argentina. Now it's got to try and build it.    Wednesday , 04 May 2011

Premium platinum stock on the march

Aquarius platinum splashes ZAR 1.9bn on acquisitions, the latest involving Northam Platinum's Boosendal operation    Wednesday , 04 May 2011

Strong metals prices boost Vedanta full year earnings 29%

Diversified Indian controlled miner, Vedanta, has reported a 29% increase in full year earnings on buoyant metal prices.    Thursday , 05 May 2011

Ghana's Chamber of Mines foresees rise in gold output in 2011

Africa's second-largest gold miner is set to see a rise in gold output due to new mines coming online.    Wednesday , 04 May 2011

S.African miners union demands 14pct wage increase at Implats

National Union of Mineworkers is optimistic about the outcomes of its planned wage talks at Implats where it will demand a 14% increase.    Wednesday , 04 May 2011

Mwana Africa reports higher than expected gold output at Freda Rebecca

The gold miner said it achieved gold production that exceeded its phase 1 targets and is on track to achieve it phase 2 targets at its key Rebecca mine in Zimbabwe.    Wednesday , 04 May 2011

Challenger West shapes up for Kingsgate in South Australia

Once considered one of Australia's best performing mid-tier gold mines - when owned by Dominion Mining - Challenger is now producing good results for Kingsgate    Wednesday , 04 May 2011

Rio dismisses Alcoa bid rumours

Rio Tinto CEO, Tom Albanese has described market chatter that it was preparing a bid for aluminium giant, Alcoa, as "trade chatter".    Thursday , 05 May 2011

Yesterday's top story: An evergreen question: gold stocks or gold bullion

RBCCM delves into the vexed issue of why listed gold stocks seem to be underperforming the extended bull market for gold bullion and comes up with some cost-heavy answers    Tuesday , 03 May 2011

PODCASTS / RADIO                                                     

Gold and silver a little ahead of themselves - Nichols

In the short term gold and silver are likely to decline but, according to Jeff Nichols looking out beyond the next month or two, both will be in a renewed cyclical upswing

Copper market fundamentals and its relative position in the commodity space

National Australia Bank's Ben Westmore provides a view of the current copper landscape and says while strong demand is expected to remain, copper does have the most to lose within the base metals complex

WGC Q1 Investment demand trends - Juan Carlos Artigas

Gold continued its upward trajectory in the first quarter of 2011 and did so with remarkably low volatility.

GGG Receives Conditional Approval for Admission to the Official List of ASX; GGG Closes Australian Share Offering to Raise Over AUD$8m

 

Western Australian-focused resources company GGG Resources plc (AIM: GGG) has received formal conditional approval to be admitted to the Official List of the Australian Securities Exchange (ASX).

The Company also successfully closed its Australian share offering at 5pm (WST) on 2 May 2011. Under the offering, GGG accepted applications for a total of 20,075,000 shares at an issue price of AUD$0.40, raising in total AUD$8,030,000.

For the full release click here

 

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

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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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