Tuesday, June 7, 2011

MINEWEB.COM'S TOP STORIES: The jury is still out on the future of mining in Humala's Peru

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TOP STORIES | Tuesday , 07 Jun 2011                                                     

The jury is still out on the future of mining in Humala's Peru

Experts say global mining's future with Peru's President-Elect Humala is neither pre-ordained to continue to reap the riches of country's booming mining growth, nor necessarily doomed to confrontation and strife.    Tuesday , 07 Jun 2011

U.S. opinion leaders ask Obama to continue Grand Canyon uranium mining ban

As the Obama Administration decides whether to extend a ban on uranium mining near the Grand Canyon, a New York Times ad features prominent Americans calling for a 20-year extension.    Tuesday , 07 Jun 2011

Junior gold stock bargain season now with us

Junior explorers are back in the field commencing summer drilling programs, making early summer a good time to seek out bargains in the junior equity sector. Gold Report interview with Mike Starogiannis.    Tuesday , 07 Jun 2011

Eager to fend off China, India seeks diamonds from Zimbabwe

Close on the heels of South Africa's diamond regulator permitting imports of rough diamonds from Zimbabwe, the diamond industry in Surat is urging the Indian government to follow suit.    Monday , 06 Jun 2011

Exeter: Re-evaluation of market-cap to come with Caspiche gold oxide project prefeasibility

We get our first real look at Caspiche, Exeter's giant gold-copper-silver porphyry in Chile, as an oxide mine in a prefeasibility study; that of the much bigger sulphide mine is yet to come.    Monday , 06 Jun 2011

Belo Sun scoops up 1100-sq.-km eastern extension of Volta Grande greenstone in Brazil

As it pushes its 3.4 million ounce Volta Grande project to feasibility, Belo Sun looks east for the dawning of prospective targets on newly acquired land in the Amazon.    Monday , 06 Jun 2011

Middle Island secures Nuon River gold project in Liberia

Immediately along strike from La Mancha Resources' 5 million ounce Ity gold deposit in adjacent Côte d'Ivoire, the project is the Australian junior's first acquisition since it listed on the ASX last December    Monday , 06 Jun 2011

Key Codelco mine hit by protests for third day

The massive El Teniente copper mine in Chile was producing at less than half of capacity for the third day in a row as workers stayed away from striking contractors    Tuesday , 07 Jun 2011

Gold, oil and the state of the world

The co-managers of the U.S. Global Investors Global Resources Fund provide candid answers to some of the big questions of the day    Tuesday , 07 Jun 2011

Chinese stainless steel consumption to grow at 5 to 7% - Baosteel

According to Baosteel's stainless steel division, demand for the metal will to grow at a rate of between 5 and 7% over the next 5 to 10 year    Tuesday , 07 Jun 2011

Shenua shares fall on construction halt announcement

Shares in China Shenhua Energy fell on Tuesday after it said it had halted construction on mine shafts at two of its coal mines that had violated regulations by starting building without the necessary approvals    Tuesday , 07 Jun 2011

Profit margins at world's top 40 mining companies fall

PricewaterhouseCoopers says profit margins at the world's top 40 mining companies are below the historical peaks of 2006 and 2007 as higher costs weigh on earnings    Tuesday , 07 Jun 2011

Zambia asks Glencore subsidiary for 'underpaid' mining taxes

Zambia has asked Mopani Copper Mines to pay up after a leaked audit earlier this year said it had underpaid mining dues.    Tuesday , 07 Jun 2011

Gold's upward trend remains intact, a breach through $1,550 likely

The demand for physical gold remains robust as investors add bullion bars and coins to their portfolios.    Tuesday , 07 Jun 2011

BHP's Jordaan named Ferro International CEO

The former general manager of BHP's metalloys division has been appointed as new executive officer at International Ferro Metals.    Monday , 06 Jun 2011

Manila's MRC receives proposal for joint venture from Australian Company

The Phillippine firm said it was finalizing the terms of a development deal with an Australian company.    Monday , 06 Jun 2011

Yesterday's Top Story: With probable election of Humala as president, miners in Peru in for bumpy ride

Three exit polls show a razor-thin win for leftist former military commander Ollanta Humala as Peru's new president, which may not be good news for foreign mining companies doing business in Peru.    Monday , 06 Jun 2011

PODCASTS / RADIO                                                     

Gold well supported by fundamentals but a small correction is on the cards - Melek

This year, selling in May and going away might not be the best strategy for the gold market as there are some rather important macroeconomic events occuring over the next few months that will have a bearing on the metal

Greece, US debt and their impact on commodity markets

Investec's Michael Power takes us through the impact of the end of QE2, the continuing escalation of the euro zone's problems the rise of Indian and Chinese coal demand

Hate paper money, love gold. Gold and silver turning up - Puru Saxena

Hong Kong based Puru Saxena sees Eastern precious metals demand continuing and rising as wealth grows - and sees the recent downturn in prices reversing.

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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

Thembelihle Nciweni, 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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