Wednesday, June 8, 2011

MINEWEB.COM'S TOP STORIES: Top 40 mining companies' 2010 financial results ‘spectacular'-PwC

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FEATURED PODCAST                                                     

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.
 

TOP STORIES | Wednesday , 08 Jun 2011                                                     

Top 40 mining companies' 2010 financial results 'spectacular'-PwC

PwC says mining demand continues to be stoked by strong emerging markets growth although the cost base of the industry permanently changed as lower grades and labor shortages take effect.    Wednesday , 08 Jun 2011

Molycorp raising $200 mn to fund Mountain Pass rare earths mine

Molycorp plans to raise $200 million in convertible senior note offering to finance development of its big rare earths mine in California and also announces secondary offering of 10 million common shares    Wednesday , 08 Jun 2011

Barrick vs Goldcorp, Xstrata and New Gold comes to court

The court case over the El Morro copper gold project has now begun with Barrick suing Goldcorp, New Gold and Xstrata over Goldcorp's purchase of 70% in the project.    Wednesday , 08 Jun 2011

What happens to gold if the dollar collapses as the U.N. suggests?

Now the U.N. warns of dollar collapse. If it happens how ill it materialise and what would it mean for the price of gold?    Tuesday , 07 Jun 2011

What are critical metals, their markets, myths and politics?

A critical metal is difficult to define and what is 'critical' may depend on who you talk to. This article looks at the subject and into the geopolitical situation around them.    Wednesday , 08 Jun 2011

NV miners avoid major tax increases, but lose millions in deductions

Barrick and Newmont successfully fought major Nevada tax increases in the state legislature, but the victory may have cost all major Nevada mining operators millions in net proceeds deductions.    Wednesday , 08 Jun 2011

Selwyn eyes thick, high grade zinc-lead in uncharted territory

As it moves its massive zinc-lead deposit to feasibility in the Yukon, Selwyn Resources is getting drill results which suggest yet more expansion of high grade zinc-lead mineralization.    Tuesday , 07 Jun 2011

Resource estimate revision makes Husab uranium project world's 4th largest - Extract

According to Extract Resources, a new estimate revised measured and indicated resources at Zones 1 and 2 of the project 39% upwards to 358m pounds of uranium oxide    Tuesday , 07 Jun 2011

Former ArcelorMittal exec to lead ENRC Brazilian operations

ENRC said Tuesday it has appointed former ArcelorMittal executive, Jose Francisco Martins de Viveiros, as chief executive of ENRC Brazil.    Tuesday , 07 Jun 2011

Nuclear's renaissance still on track

Despite the tragedy at Fukushima and Germany's high profile decision to get out of the sector, demand remains strong and new players are entering the field    Tuesday , 07 Jun 2011

Probe Mines keeps hitting gold at Borden Lake project in Ontario

A gold exploration project continues to show promise for Probe Mines as it quickly grows gold mineralization over a 1.2 kilometre strike length in the past half year.    Tuesday , 07 Jun 2011

Change in Indian gold purchasing see year-round demand

Julian Phillips' daily comment on the state of the global gold and silver markets after London's morning trade and his observations on the market in general    Tuesday , 07 Jun 2011

Australian gold explorer to restart work after attack in Indonesia

Sihayo Gold said it will restart operations at its gold project in northern Sumatra after it work was halted by an attack by demonstrators who set fire to the camp    Tuesday , 07 Jun 2011

Gold climbs, hits new sterling high, as Greece crisis "stacks odds in favor of gold"

Today's morning London Gold Market report from BullionDesk sees gold back at $1550 before retreating back into the $1540s    Tuesday , 07 Jun 2011

Rio Tinto on track to produce over 240m tonnes of iron ore in 2011

The group said it expects to produce more than 240m tonnes of the steel-making ingredient during the year, up from 239m tonnes in 2010    Tuesday , 07 Jun 2011

Yesterday's top story: Jury still out on 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

PODCASTS / RADIO                                                     

The state of Nuclear after Fukushima and Germany

Steve Kidd, deputy director general at the World Nuclear Association, takes a look at the long term outlook for nuclear power in a post Fukushima world without Germany as a major player

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

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Mines & Money Beijing 2011
Date: 15 June 2011 - 16 June 2011
Venue: China World Hotel, Beijing
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
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
Denver Gold Forum 2011
Date: 18 September 2011 - 21 September 2011
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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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