Thursday, June 16, 2011

MINEWEB.COM'S TOP STORIES: Five percent of gold juniors deliver 90% of the performance - Cook and Rule

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TOP STORIES | Thursday , 16 Jun 2011                                                     

Five percent of gold juniors deliver 90% of the performance - Cook and Rule

Success seldom comes true in the risky junior exploration sector but investors may have driven some junior gold stock prices up into multiples of their true value. Gold Report interview.    Thursday , 16 Jun 2011

Belgium's Nyrstar makes friendly C$619mn all-cash bid for Canada's Breakwater

If the friendly all-cash C$7 per share bid by Nyrstar NV for Breakwater Resources is approved by shareholders and Canadian regulators, it will create the world's fifth largest zinc miner.    Thursday , 16 Jun 2011

Chemical giant Arkema partners with Canada Fluorspar on acidspar mine

Canada Fluorspar is making big strides at its Newfoundland fluorspar project, having brought on board a major chemical manufacturer to fund most of pre-production costs.    Thursday , 16 Jun 2011

Stop the Presses! US Presidential candidate holds gold mining stocks

At least one GOP Presidential candidate, Gold Standard bearer Rep. Ron Paul, R-Texas, supports both a U.S. gold standard and a domestic precious metals sector.    Thursday , 16 Jun 2011

Pershimco adds more copper to the mix below La Pava gold deposit

Ongoing drilling continues to confirm significant copper-gold intercepts below Pershimco's La Pava open-pit deposit, boding well for resource expansion.    Wednesday , 15 Jun 2011

Gold and silver still great investments in inflation, stagflation, deflation

Why gold (and to a perhaps lesser extent silver) is the asset of choice to hold in uncertain economic times when any one - or all - of inflation, stagflation or deflation may become prevalent    Wednesday , 15 Jun 2011

Indian firms eye Indonesian coal

Indian companies are seeking to expand by acquiring coal assets in Indonesia, Australia and Africa in their bid to meet growing demand from domestic users    Wednesday , 15 Jun 2011

Many specialty metals under supply threat - Richard Karn

Rare Earths aren't the only specialty metals where supplies are under threat. Richard Karn delves deeper into supply and usage aspects for many of these. Interview with Critical Metals Report.    Wednesday , 15 Jun 2011

Eurozone central banks now buying gold, not selling - confirmed

European central banks are no longer selling gold. They are buying it...So it's not just Asian, Middle Eastern and the Russian Central Bank bolstering their gold reserves.    Wednesday , 15 Jun 2011

Gold output in China rises 4.24% in first 4 months of 2011

According to the Ministry of Information and Information Technology, China's gold output in the first four months of 2011 totalled 103.23 tonnes.    Thursday , 16 Jun 2011

Vale to spend $12bn in Africa over the next 5 years

The Brazilian miner is planning to spend $12bn in Africa over the next five years, the group's exploration manager in Zambia told a conference on Wednesday, with the peak expected next year.    Thursday , 16 Jun 2011

Miners strike at AngloGold's Cerro Vanguardia gold and silver mine

Miners at the gold and silver mine in Argentina have gone on strike to press demands for a pay bonus, AngloGold said, halting production at the operation since midday on Tuesday    Thursday , 16 Jun 2011

Alexis Minerals announces widening of quarterly loss

The Canadian gold miner said its net loss for the quarter increased from C$200,000 a year ago to C$2.2m in 2011, partly on the back of lower production from its Lac Herbin mine in Val-d'Or, Quebec.    Thursday , 16 Jun 2011

Peru miners want proposed tax based on profits

Following the election of Ollanta Humala as president, top miners in Peru are expecting to have to pay a new tax, have urged the government to base it on profits rather than sales    Thursday , 16 Jun 2011

Yesterday's Top Story: Gold, silver, base metals. All feature in new Yukon drilling results

A banner year for exploration in the Yukon means one thing: lots of drilling results. The first trickle shows promise and investors can expect much more to come.    Tuesday , 14 Jun 2011

PODCASTS / RADIO                                                     

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

Elections, taxes and the return of the diamond sector

David Hargreaves, mining consultant to XCAP Securities talks about the longer term implications of Humala's election win in Peru, the mining tax in Australia and how much higher diamond prices can go.

Gold could hit $1,650 this summer - Embry

Problems in both the U.S. and Europe as well as continued growth in investment demand are some of the reasons why Sprott's John Embry believes gold is likely to have a good summer.

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Mines & Money Beijing 2011
Date: 15 June 2011 - 16 June 2011
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Mines and Money Beijing 2011 will cover a broad spectrum of issues, including understanding the evolving political , economic and operational environments in China- examining the implications for the global mining sector; China's overseas investments in mining and the challenges and opportunities pr... Read More
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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

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