| | | | 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 | | | | | TOP STORIES | Wednesday , 01 Jun 2011 | | Courts in two states refused to intervene in Alpha Natural Resources' friendly takeover of troubled Massey Energy, as shareholders sought to stop the hiring of former Massey executives by Alpha. Wednesday , 01 Jun 2011 | | As anti-mining protests in Peru threaten the upcoming presidential elections, President Alan Garcia Pérez has suspended mining concessions in several provinces as a new commission examines possible reforms. Wednesday , 01 Jun 2011 | | Ongoing drilling at the Cerro Moro project is expanding bonanza grades of silver and gold at Extorre Gold Mines' Zoe target - its most important discovery since nearby Escondida. Tuesday , 31 May 2011 | | Though China continues to import a huge volume of iron ore every year, 619 million tonnes last year, the country is now zeroing in on increasing domestic ore output to guard against reliance on global mining firms. Tuesday , 31 May 2011 | | The iron ore miner began the process of looking for a successor almost three years ago, at Forrest's instigation but, the post will be taken by current COO Nev Power Wednesday , 01 Jun 2011 | | A couple of high grade gold and silver drilling results from Mexico have given Kimber Resources' share price - and its management - a quick shot of adrenaline. Tuesday , 31 May 2011 | | Miners such as Anglo American and Xstrata as well as others told a mining conference the proposed carbon tax could cost as much as $25bn through to 2020 and cut investment in the sector as much as 13% Wednesday , 01 Jun 2011 | | Continued concerns about the debt crisis in Europe have given gold prices a lift but, it is important to keep an eye on what is happening both in Asia and the US Tuesday , 31 May 2011 | | The Hong Kong listed miner said it would buy a coking coal mine in Mongolia for $464.47m from a unit of Kerry Mining (Mongolia) Ltd. Wednesday , 01 Jun 2011 | | Xstrata CEO, Mick Davis told an Australian mining conference Wednesday that the group remains confident in the medium- and long-term outlook for commodities Wednesday , 01 Jun 2011 | | While debt problems remain a concern in the U.S., for now the focus has shifted to the Euro zone all of which remains a good thing for gold Tuesday , 31 May 2011 | | Glencore announced Friday Tony Herbert has left his position as head of the Indonesian coal trading business for personal reasons. Tuesday , 31 May 2011 | | Investors took note of Ethiopian Potash Monday, pushing its share price up, fast and hard, perhaps in a bid to get into the potash game with a junior at an early stage of exploration. Monday , 30 May 2011 | | 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 | | Hong Kong based Puru Saxena sees Eastern precious metals demand continuing and rising as wealth grows - and sees the recent downturn in prices reversing. | | Copper looks set to benefit from the recent drop in prices that brought valuations closer to fundamentals and if anything has improved the outlook for the metal. | | |
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Kimber intercepts 4.9 metres of 78.4 g/t gold and 127.9g/t silver below Carmen gold-silver deposit, Monterde project Second high grade intercept, 100 metres below previous drilling and 100 metres south-east of the high grade intersection in previously reported hole MTRD-477 Vancouver, British Columbia - Kimber Resources Inc. (NYSE Amex:KBX, TSX:KBR) is pleased to announce the results of two new drill holes from its ongoing drill program at the Carmen deposit at its Monterde Project in Mexico. These holes were drilled with the objective of expanding and upgrading mineral resources potentially amenable to underground extraction ("Carmen Deep" target). Drill hole MTRD-476 was collared on section 30 and was designed to intersect the Carmen structure at a vertical depth of 425m below surface, in an area never previously tested by drilling. This hole intersected high grade mineralization averaging 78.4 g/t gold and 127.9 g/t silver over 4.9 metres, including 1.5 metres of 152.5 g/t gold and 282 g/t silver. This important new intercept is hosted within a semi-massive to massive-sulphide breccia between 565.5 and 570.4 metres down hole and is interpreted to correlate with the downward projection of the Carmen structure. To read full release click here. | | | | | | | | | | | | CONFERENCES | 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
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