| | | | 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 | | | | | TOP STORIES | Monday , 09 May 2011 | | Thompson Creek Metals says it has increased the capex budget for the Mt. Milligan copper-gold project from C$915 million to C$1.26 billion. Monday , 09 May 2011 | | Alaska's newly enacted House Bill 119 hopes to facilitate the modern Yukon mining rush with a port expansion aimed at transforming Skagway into a main shipping facility. Monday , 09 May 2011 | | A look at the trends, the numbers and the fault lines in the quarterly numbers released recently by eight of the world's gold majors. Friday , 06 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 | | The iShares Silver Trust ETF recorded a worst-ever $1 billion outflow in week as silver prices tanked. Sunday , 08 May 2011 | | The company missed analyst expectations on the back of lower output and sales volumes and dropped its 2011 revenue growth estimates to 10 - 15% Monday , 09 May 2011 | | Plans to process lower grade material could churn out 237,000 ounces more gold as part of Oromin's 1.43 million-ounce-gold OJVG project in Senegal. Friday , 06 May 2011 | | Adrian Day, of Adrian Day Asset Management isn't happy about the political decisions fueling the gold market and also felt gold due for short-lived correction. Gold Report interview Saturday , 07 May 2011 | | A Canadian junior has arranged solid financing from strong partners as it jumps out of the gate to start drilling massive sulphide targets in Colombia. Friday , 06 May 2011 | | Julian Phillips looks at new Central Bank gold buying from Latin America, the past week's sudden and steep fall in the gold price and what may be the beginnings of a significant recovery Friday , 06 May 2011 | | The world's biggest buyers of bullion took advantage of gold's tumble, buying at low prices during one of its most auspicious gold-buying festivals. Friday , 06 May 2011 | | The world's third-largest platinum producer said it doubled operating profit for the half year to $144m and confirmed its sales guidence for the full year Monday , 09 May 2011 | | Mexican rescue workers pulled the last of the 14 bodies trapped in a collapsed coal mine in the north of the country, Mexico's labour minister said Sunday Monday , 09 May 2011 | | Foreign shareholders in Newmont's Indonesian unit have completed the sale of a 7% stake in the business to Indonesia's government, paving the way for an IPO Monday , 09 May 2011 | | Although many economies are recovering, BHP chairman, Jacques Nasser, said that persistently high unemployment and inflation mean the global economy is likely to remain fragile in the short term Monday , 09 May 2011 | | After forecasting the recent commodities slump, Goldman Sachs analysts are now predicting a recovery. Sunday , 08 May 2011 | | Teck Resources said it reached a tentative deal with United Steelworkers Friday, for its employees at its Fording River coal mine in British Columbia Monday , 09 May 2011 | | BHP's chairman Jacques Nasser said over-reaction to the crisis in Japan would not be helpful for clean energy solutions globally Monday , 09 May 2011 | | The engineering firm said it has signed a letter of intent for engineering, procurement and construction of a rolling mill for the huge Maaden-Alcoa aluminium complex JV Monday , 09 May 2011 | | Some commentators now see gold - and silver - ripe for recovery with the suggestion that like the rise, the subsequent falls may have been too far too fast. Others disagree. Friday , 06 May 2011 | | 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. | | 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 | | |
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| | | | | | | | | | | | 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 | 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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