Monday, May 23, 2011

MINEWEB.COM'S TOP STORIES: Vedanta poised to float off Zambian copper arm in $7.3 bn IPO

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FEATURED PODCAST                                                     

Gold stocks back to year-ago levels, sector rotation and movement into the big diversifieds

A look at the gold sector now that all the big gold diggers have reported, the movement back into big diversified miners and the case for aluminium
 

TOP STORIES | Monday , 23 May 2011                                                     

Vedanta poised to float off Zambian copper arm in $7.3 bn IPO

Indian controlled, but London listed diversified miner, Vedanta is reported to be poised to float off Konkola Copper Mines, its major Zambian copper producer for around US$ 7.3bn.    Monday , 23 May 2011

Major miners' Q1 copper production down 8%. Bigger supply deficits forecast.

With copper output from the major miners falling in Q1 analysts see a widening supply deficit this year and next continuing to support the metal price over this period.    Monday , 23 May 2011

At last: big cash for gold diggers

A review of the performance of ten global gold majors during first-quarter 2011during which a decade-long bull run in dollar gold bullion helped produce record cash flows    Friday , 20 May 2011

Women In Mining: building a legacy of public mining goodwill, for only pennies

These low-key heroines and, now, heroes of mining have built a legacy of respect and goodwill for U.S. mining that endures long after lavish, expensive PR campaigns have crashed and burned    Monday , 23 May 2011

Mittal to spend $2.1 billion on Quebec iron ore assets

World's largest steelmaker to spend $2.1 billion to invest in Mont-Wright iron ore mine and Port-Cartier iron assets in Quebec.    Saturday , 21 May 2011

Exxaro offers 64% premium for Australia's Territory Resources

South Africa's Exxaro ahs made an A$0.46 per share cash bid for Australian iron ore dxeveloper Territory Resources.    Monday , 23 May 2011

Rob McEwen calls competing claim to Los Azules copper project 'blackmail'

Minera Andes drops plans to spin-out Los Azules in part because of a court case questioning its full ownership of the project.    Saturday , 21 May 2011

Gold jewellery demand remains strong in India

According to the head of the country's largest jewellery retailer, demand for gold jewellery is likely to remain strong over the course of the year, despite the continued growth in prices of the yellow metal    Sunday , 22 May 2011

Gold majors' diversifications into copper a lead for investors - Puil?

Blinded by the glare of gold's rocketing rise over the last several years, investors may want to follow the leads of the major miners targeting the copper space. Gold Report interview    Sunday , 22 May 2011

View from Benoni - End of week gold and silver review

The gold price seems to be consolidating around the $1500 level and silver is picking up as well, but these are mainly dollar related movement with the return to greenback weakness.    Sunday , 22 May 2011

Uranium price set to recover as big Chinese and Indian nuclear plans still on track

Despite the Fukushima nuclear disaster, continuing nuclear power plans from China, India and others will see uranium demand double in the years ahead.    Monday , 23 May 2011

Peru mining unions plan strike ahead of Presidential run-off

Peru's federation of mining unions is calling an indefinite strike from May 30th. Demands include the reopening of the La Oroya smelter.    Saturday , 21 May 2011

The Soros gold sale. Has it signalled the end of the gold and silver bull market?

Soros selling gold, but replacing some of it with gold mining stocks, does not signify an end to the gold and silver bull markets.    Saturday , 21 May 2011

Gold and silver stock volatility doesn't need to be a risk - Rule

Advice from Rick Rule to go for the big wins by betting on the best teams with the best chances of discovery and by also using a global counterintuitive approach.    Saturday , 21 May 2011

Jubilee shares jump 33% on takeover approach

Shares in the South African junior platinum miner rose on the announcement it is holding preliminary talks on a takeover offer.    Friday , 20 May 2011

Midway Gold positions itself for 2013 production

One step after the other, a Nevada-focused junior moves towards gold production at its Pan project.    Friday , 20 May 2011

Kinross' big Tasiast gold mine in Mauritania back in production

After a stoppage of less than a day at its Tasiast Gold Mine in Mauritania, Kinross said all unionised workers are back to work.    Friday , 20 May 2011

More Chinese rare earth export strictures driving prices higher still

With the price for rare earth materials increasing for 15 months straight, exploding through the $1,000 per tonne mark at the start of the year, fresh strictures are likely to benefit rare earth miners    Friday , 20 May 2011

Investors await positive signals from China as copper picks up

After choppy trade in the last few sessions copper regained some ground as investors look to positive sentiment in China.    Friday , 20 May 2011

Australian miners assured by government of future state iron ore royalty payments

Australian government says it will honour its word on the agreement made with the miners on the payment of future royalties; in exchange for the acceptance of a new tax.    Friday , 20 May 2011

Chinese gold production rises 4% in Q1

China's gold output for the first three months of the year totalled 73.412 tonnes    Friday , 20 May 2011

Output disrupted at Lonmin SAfrican mine

Industrial action by NUM members at the Marikana operation affected operations and disrupted production for the platinum miner.    Friday , 20 May 2011

Norilsk sees global nickel production in balance in 2011

World's largest nickel miner, Norilsk, sees a larger rise in production this year than in demand and a balanced market.    Monday , 23 May 2011

Weekend top story: Silver crash not a correction but a 'drive-by-shooting'

Report on a round table discussion on silver by a group of top specialist silver analysts which puts forward a hugely bullish case for investment in the precious metal.    Thursday , 19 May 2011

PODCASTS / RADIO                                                     

Interest rates, the end of QE2 and gold in euro terms - Julian Philips

A look at what has been going on in the gold market since the dip and why it is worth looking at the price of the metal in currencies other than the dollar

The Platinum market and where it is heading - Johnson Matthey

Johnson Matthey which has just launched its platinum survey says the metal is likely to trade on average at $1,870 over the next six months but, could go as high as $2,000

AngloGold Ashanti and the gold industry - Mark Cutifani

There is a potential for a 20% uptick for the whole gold industry

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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

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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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