Monday, May 2, 2011

MINEWEB.COM'S TOP STORIES: President Morales annuls mining, banking and investment laws in Bolivia

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TOP STORIES | Monday , 02 May 2011                                                     

President Morales annuls mining, banking and investment laws in Bolivia

Bolivian President Evo Morales Sunday announced the Bolivian government will end current mining, banking and investment laws to increase state control of those sectors.    Monday , 02 May 2011

China's Jinchuan silent on media reports regarding Lundin Mining bid

Although Lundin Mining shares were up on reports of yet another potential takeover bid, Chinese base metals miner Jinchuan remains silent as it reportedly forms a consortium to buy Lundin.    Monday , 02 May 2011

Top silver ETF suffers as metal loses its oomph!

Fall in top silver ETF holdings is indicative of perhaps a short term rerating in the gold:silver ratio in line with the feeling that silver may have risen too far too fast.    Saturday , 30 Apr 2011

South Australia seen as China's next mining investment frontier

A mining conference in Adelaide today was told that Chinese mining and metal companies view South Australia as the world's next mining frontier.    Monday , 02 May 2011

The dollar decline, gold price, phony stats and the wild ride ahead - Doug Casey

One upshot of QE money flooding the stock market will be further distortions, chaos and unpredictability, according to Doug Casey. Gold Report interview.    Saturday , 30 Apr 2011

Silver drops sharply, gold falls after Bin Laden's death

Precious metals prices dipped in a knee-jerk reaction to the news that US forces had killed Osama Bin Laden, extending losses made earlier in a day marked by public-holiday thinned trade.    Monday , 02 May 2011

Auryx Otjikoto gold project not affected by govt. strategic minerals plans

Auryx reports the Namibian Minister of Mines and Energy clarified the limits of a declaration to label certain minerals strategic and to be awarded to state mining company.    Friday , 29 Apr 2011

Ontario First Nation takes Zenyatta to court over exploration

A Canadian First Nation is trying to stop Zenyatta Ventures' ongoing drill program at its flagship Albany project through a court injunction.    Friday , 29 Apr 2011

Rio Tinto intends to delist Riversdale

After securing more than 73% of the coal miner, Rio Tinto is now proposing to de-list Riversdale. It has extended its A$4bn offer to May 6th.    Friday , 29 Apr 2011

Toro chief says future nuclear demand will not be swayed by Fukushima event

The head of one of Australia's budding uranium miners says global nuclear energy demand remains essentially unchanged by the safety issues raised by the Fukushima disaster    Friday , 29 Apr 2011

Panoramic has another strong nickel project at Kambalda

One of the nickel miners at Western Australia's nickel heartland of Kambalda has upgraded an emerging deposit and is setting up the blueprint for development.    Friday , 29 Apr 2011

Gresham's Law, Gold and the Vietnamese Dong

Vietnam provides a great example of what happens when people actively shun their official currency...?    Friday , 29 Apr 2011

Chinalco signs on to $1.6bn Malaysian smelter JV

The Aluminium Corporation of China said it has signed a JV agreement with Syed Mokhtar's Gulf International Investment Group to build a smelter in the country's Sarawak state    Monday , 02 May 2011

Extract confident Husab uranium project will be unaffected by policy changes

Extract resources said Monday it was confident that proposed policy changes on strategic minerals announced by Namibia's government will not affect its Husab uranium project licence    Monday , 02 May 2011

Tornado-hit million tonne/year Alabama coal mine suspends production

Cliffs' million tonne/year Oak Grove coal mine south east of Birmingham Alabama has been suspended due to tornado damage. Fortunately no workers injured.    Friday , 29 Apr 2011

Weak alumina outputs result in low Q1 profits for N.Hydro

Weak alumina production from assets recently bought from Vale weighed on Norsk Hydo's Q1 earnings but the CEO remains confident that demand for its product will continue to grow.    Friday , 29 Apr 2011

Weekend Top Story: Silver on fire in India

Sensing a price hike, investors in India are hoarding up on the white metal. With demand expected to jump by 10% to 15% from the current level of about 3,000 tonne a year.    Friday , 29 Apr 2011

PODCASTS / RADIO                                                     

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.

Barrick's acquisition of Equinox, why the strategy is concerning - Kerry Smith

Haywood Securities analyst, Kerry Smith, says, while he understands the numbers behind the deal, the implication that Barrick sees very few or no opportunities in the gold space is worrying

PGM prices and an outlook for stocks - Leon Esterhuizen

RBCCM's Leon Esterhuizen says low stock valuations and a positive outlook for metal prices mean a few interesting investment scenarios for PGM stocks

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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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