Thursday, June 30, 2011

MINEWEB.COM'S TOP STORIES: Upper Big Branch Mine managers kept fake safety records - MSHA

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TOP STORIES | Thursday , 30 Jun 2011                                                     

Upper Big Branch Mine managers kept fake safety records - MSHA

The United Mine Workers of America urged former Massey management to "come clean and take responsibility for their actions" after revelations both real and fake safety records were kept by the Upper Big Branch Mine.    Thursday , 30 Jun 2011

LSEG-TMX merger dead; Maple hopes its TMX bid wins regulator support

After failing to get the requisite shareholder approval, for the LSE deal, the TMX Group, parent company of the TSX, said it will consider, but not necessarily accept a C$3.8 billion offer by the Maple Group.    Thursday , 30 Jun 2011

Property rights fiasco forces C$11M writedown for Sinchao Metals

For Sinchao Metals a faulty property transfer turned out to be a costly mistake, wiping out C$11.3 million through a write-down and some 40% of its resources.    Thursday , 30 Jun 2011

Wits Gold now looks to have a viable gold mine in prospect

South African gold explorer, Wits Gold, looks as though it may have a viable shallow underground gold mining project on its hands with its DBM property in the southern Free State gold field.    Wednesday , 29 Jun 2011

Romarco now sees u/g potential from drilling at Haile gold project

Romarco has exposed continuity of gold mineralization at its Haile gold project in South Carolina as new results roll in from its ongoing 110,000-metre drilling campaign.    Wednesday , 29 Jun 2011

Australia's labor party reaffirms mining tax, still not enough say Greens

Australia's Greens party wants a far greater mining tax than the Labor government is willing to propose, an impasse that could further add to Labor's popularity woes    Wednesday , 29 Jun 2011

Lynas rare earth plant must comply with recommendations to get pre-operating license - Malaysia

Malaysia's government said Thursday that Lynas Corp must comply with the recommendations of an independent review panel in order to get a pre-operating license for its $230m rare earth processing plant    Thursday , 30 Jun 2011

India's Lanco sued for A$3.5bn, could face review of export licence

On the back of a lawsuit by Australia's Perdaman Industries, Lanco Infratech faces review of its export licence, which may end up defeating the major purpose of its $750 million Griffin Coal acquisition    Wednesday , 29 Jun 2011

Comparing gold indices and ratios: the HUI, XAU, XGD, GDX and CDNX

An analysis of the most-used precious metals indexes and ratios - how they differ and how they should be utilized.    Wednesday , 29 Jun 2011

Output failure forces Minara to reduce nickel production

The Australian miner says it has been forced to lower production rates at its Murrin Murrin nickel ore processing factory due to an equipment failure    Thursday , 30 Jun 2011

The secret world of Central Bank gold

Whatever the world's top central bankers may say about gold in public, behind the scenes they still consider it a vital element in the global financial system.    Thursday , 30 Jun 2011

BHP Australia refinery resumes nickel production

After closure in May due to a shortage of third-part hydrogen supplies, BHP Billiton said Wednesday that, as planned, production at its Kwinana nickel refinery has restarted    Thursday , 30 Jun 2011

UK anti-competition watchdog turns gaze once more to metals warehouses

The UK's Office of Fair Trading will once more look at activity by large metals traders who also own warehouses after a parliamentary committee raised concerns    Thursday , 30 Jun 2011

Focus may move to U.S. economy if Greece avoids default. Gold still consolidating

Eurozone tensions eased as it seemed likely the Greek Parliament would approve the proposed austerity measures and focus could now move to U.S. debt with possible downgrade by ratings agencies.    Wednesday , 29 Jun 2011

Gold Fields closes $60m loan with StanbicGhana

Stanbic Ghana, said Wednesday it had closed a senior revolving loan facility for $60m with Gold Fields. the facility will last for 3 years.    Wednesday , 29 Jun 2011

Philex expects higher H1 income

The Philippines' top miner said its net income for H1 2011 is likely to be better than the previous year on the back of stronger prices, putting it on track to post record profits for the full year.    Wednesday , 29 Jun 2011

Major FL Smidth materials handling order for Moroccan phosphate terminal

FL Smidth has received an order for the complete engineering, design, procurement, fabrication, erection and commissioning for a new phosphate terminal in Morocco    Wednesday , 29 Jun 2011

Yesterday's Top Story: China's first precious metals spot exchange opens in 'Silver City'

China's "Silver City" hopes to gain a voice in international precious metals trading through the new Hunan South Rare and Precious Metals Exchange.    Wednesday , 29 Jun 2011

PODCASTS / RADIO                                                     

The launch of CPM's PGM Year book 2011 - Rohit Savant

A look at some of the findings in the latest addition of CPM's Platinum Group Metals Year book and a view on what we can expect going forward this year.

Coin demand and asset protection in the gold and silver markets

ASI's Rich Checkan takes a look at some of the trends currently seen in the gold and silver coin market and what we are likely to expect as the year continues

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

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CONFERENCES

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
Venue: Broadmoor Hotel & Resort, Colorado Springs, USA
Major event hosted by the Denver Gold Group, The Denver Gold Forum will showcase institutional-quality precious metals companies to global fund and portfolio managers, institutional investors and analysts. Mineweb's Dorothy Kosich will attend Read More

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ENGINE ROOM

Editorial

Europe

Lawrie Williams, London
Geoff Candy, Groningen
Rhona O'Connell, London

Americas

Dorothy Kosich, Reno
Kip Keen, Halifax, NS

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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