Monday, June 6, 2011

MINEWEB.COM'S TOP STORIES: With probable election of Humala as president, miners in Peru are in for bumpy ride

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TOP STORIES | Monday , 06 Jun 2011                                                     

With probable election of Humala as president, miners in Peru are 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

Gokhran may have enough palladium for exports in 2012, but what of 2013?

While a Russian Finance Ministry official reportedly said the country has enough palladium stockpiled for 2012, consensus seems to be that there is unlikely to be much left after 2012    Monday , 06 Jun 2011

Mining taxation still unresolved as NV Legislature heads for adjournment

A deal struck between Senate Democrats and Nevada mining companies regarding net proceeds of minerals deductions came unraveled late Sunday in favor of a new compromise with fewer deductions.    Monday , 06 Jun 2011

Pricing gold in a deflationary environment

Gold as a store of value rather than looking for growth is taking the lead once again as the global economy continues to falter and deflation becomes a real possibility.    Sunday , 05 Jun 2011

Protests hit El Teniente production for a second day

Production at Chile's fourth biggest copper mine, owned by Codelco fell to less than half capacity for a second day on Sunday as staff stayed at home to avoid violence by striking contractors    Monday , 06 Jun 2011

Orvana's second gold mine this year: 100K ounces to come from Spain

In a quest to become a mid-tier gold company, Orvana has started two mines this year, one in Bolivia and the other in Spain. The goal: 100K+ ounces gold in 2012.    Saturday , 04 Jun 2011

Invest in gold stocks with 'extraordinary management' to make hay this summer - Ballanger

Many resource market investors greet the approach of summer with the adage: "Sell in May and go away." Michael Ballanger says he is taking the opposite tack. Gold Report interview.    Saturday , 04 Jun 2011

Blanchard reckons gold's seasonality may not drop prices this year

Major coin and precious metals dealer Blanchard's analysts think flight to quality in light of current economics will keep gold near record highs through the normal summer doldrum period.    Friday , 03 Jun 2011

Pretium eyes high grade underground gold-silver mine in BC

While it continues to advance its massive Snowfield project, Pretium Resources has outlined an underground mine at the adjacent Brucejack deposit in BC with some truly bonanza gold/silver intercepts.    Friday , 03 Jun 2011

Depth and death for South Africa's gold mines

South Africa's gold industry has a target of zero harm at its mines but, at the astonishing depths to which their miners go to extract gold, such a goal is very hard to achieve    Monday , 06 Jun 2011

The risks facing SA gold miners abroad

South Africa's big gold miners are increasingly looking offshore for new ounces as grades at home fall and political concerns remain but, the move out of the country has its own share of risks    Monday , 06 Jun 2011

Exxaro workers may strike - Union

According to South Africa's National Union of Mineworkers, more than 7,000 Exxaro workers may go on strike in protest against plans to rationalise the business    Monday , 06 Jun 2011

This weekend's Top Story: Gold as Collateral – a major step for the gold market

The implications of the acceptance of gold as collateral are seen as extremely significant - particularly in the context of the Eurozone debt crises.    Friday , 03 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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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

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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

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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