Tuesday, June 28, 2011

MINEWEB.COM'S TOP STORIES: Bear Creek Mining to pursue legal remedies for Santa Ana ‘expropriation'

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FEATURED PODCAST                                                     

China, inflation and the copper market

A look at some of the macro economic factors playing out in the copper market and what one can expect for the rest of the year
 

TOP STORIES | Tuesday , 28 Jun 2011                                                     

Bear Creek Mining to pursue legal remedies for Santa Ana 'expropriation'

Peru's revocation of the Santa Ana silver concession "sets a worrisome precedent and casts doubts over development timelines and certainty for the project," says Haywood Securities analyst Chris Thompson.    Tuesday , 28 Jun 2011

Weatherly signs its Namibian zinc/lead deal with the Chinese

The official signing of the zinc/lead mining deal between AIM-listed junior miner, Weatherly International and Chinese company ECE, was undertaken in the presence of some very illustrious observers.    Monday , 27 Jun 2011

Gold's run to continue despite bearish factors raising their heads

While some of the messages being sent to the gold market seem mixed at the moment, Martin Murenbeeld believes that the bearish arguments for gold are unlikely to hold sway over the longer term.    Monday , 27 Jun 2011

Meadowbank fire hits Agnico-Eagle 2Q gold production

Agnico-Eagle says Meadowbank's second-quarter gold production will drop to 60,000 ounces although second-half gold production at the mine is expected to be 50% higher than in the first half of this year.    Tuesday , 28 Jun 2011

The Greek crisis unraveled and its impact on gold

A look at some of the facts about the current debt crisis in Greece, the reasons behind some of the political reactions and, how Greek people are buying gold    Tuesday , 28 Jun 2011

Eskom more than doubles full-year profit

The South African power utility said the jump in earnings was due to higher tariffs charged to customers and added it would meet power demand during the peak winter months.    Monday , 27 Jun 2011

Rio Tinto happy with Australian project budgets

The trans-national miner said it is comfortable that its multi-billion dollar budgets in Australia are being managed appropriately.    Tuesday , 28 Jun 2011

La Mancha reports Sudan mine fire

The Canadian gold producer, said there was a fire at its Hassaï mine in Sudan over the weekend which will likely affect gold production from the project over the next few weeks    Tuesday , 28 Jun 2011

Zijin Mining planning $280m U.S. dollar-denominated bond issue

The Chinese miner said, in a filing to the Hong Kong bourse on Tuesday, that the bonds would have a maturity of five years and the capital raised would be used to buy copper concentrate    Tuesday , 28 Jun 2011

Avocet Mining partially completes S.E. Asian sale

The miner has sold two key South East Asian assets for $170m but, the remainder of the sale will only be finalised in the third quarter, the miner said.    Monday , 27 Jun 2011

New Swaziland rail line expected within 3 years - Transnet

The South African freight logistics group said Monday a rail line through Swaziland could happen within 2 to 3 years as part of a plan to free up capacity on its main export line leading to Richards Bay    Monday , 27 Jun 2011

Yesterday's Top Story: As Peruvian Govt. struggles to end anti-mining violence, Bear Creek threatens to sue

With public transport crippled after weeks of protests that have now turned deadly, Peru's President Garcia says he has more to worry about than the fallout over Bear Creek's revoked silver project permit.    Monday , 27 Jun 2011

PODCASTS / RADIO                                                     

Bubble talk, Greece and gold's solid fundamentals - Adrian Ash

"I often get anxious when I can't see a problem with the gold market... But just looking at monetary policy and looking at the outlook, it is difficult to see it coming off any time soon"

The continued rise of resource nationalism - Ben Cattaneo, Stratos

The election of Ollanta Humala in Peru has created another, in what is a long list of debates about resource nationalism but, it does hold some challenges for mining companies

A cloudy outlook for gold at the moment

There are a lot of reasons why people should look to invest in gold at the moment, says Tiberius Asset Management's head of trading, but, there are also reasons why, in the short term, it might be best to stay away

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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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