Thursday, July 7, 2011

MINEWEB.COM'S TOP STORIES: Construction to begin on Sierra Gorda copper JV in northern Chile

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Cameco and the uranium sector - Tim Gitzel, Cameco CEO

Three days into the job, Cameco's new CEO, Tim Gitzel, sat down with Mineweb to discuss the current state of the uranium sector and Cameco's plans for the future.
 

TOP STORIES | Thursday , 07 Jul 2011                                                     

Construction to begin on Sierra Gorda copper JV in northern Chile

Within 45 days of the announcement that Sumitomo and Quadra FNX formed a joint venture to develop Sierra Gorda, the copper-moly project has received all permits and will commence construction.    Thursday , 07 Jul 2011

What is kryptonite to the Gold Price? Not falling ETF sales.

When real headwinds blow for the gold price, they'll blow from the East, not from falling gold ETF sales as some observers would seem to suggest    Thursday , 07 Jul 2011

Mercator Mineral Park mine production well exceeds 2Q11 guidance

Having already exceeded quarterly guidance, Mercator's Mineral Park Mine copper-molybdenum production is expected to ramp up even higher thanks to more power and mill throughput increases.    Thursday , 07 Jul 2011

B2Gold founders sell C$22.6m stake in company

B2Gold said founding members sold 13 percent worth of their shares in the gold producer to diversify their portfolios, but that they do not intend to sell more shares.    Thursday , 07 Jul 2011

Atac shares jump on Yukon gold drilling intercept; result 'positive' - analyst

Exploration drilling in the Yukon continues to yield strong gold intercepts for Atac as it explores the highly prospective Rackla gold belt.    Wednesday , 06 Jul 2011

Inflation, currency fears push Iranians to gold

Iranians have a long history of giving gold coins as gifts but, recently, given the macroeconomic fears, this trend has become reminiscent of a rush    Wednesday , 06 Jul 2011

Copper strikes threaten fragile copper supplies

Strike-related disruptions at three of the world's biggest copper mines could put further strain on already fragile global copper supply pipeline    Thursday , 07 Jul 2011

CORRECTION: Indian firm makes 267m tonne 'rare earths' discovery

The Varun group has announced it has found 267m tonnes of heavy mineral deposits in Madagascar and is already in talks with potential partners both from India and Internationally    Wednesday , 06 Jul 2011

Vale sees iron ore prices above $150 per tonne for the next 5 years - report

According to the Financial Times, the Brazilian miner says tight global supplies of the steelmaking ingredient should keep prices above $150 per tonne for at least the next five years    Thursday , 07 Jul 2011

BHP's Port Hedland operations halted after fatality

BHP Billiton said Thursday it has suspended rail and port operations at its Port Hedland iron ore terminal after a fatal accident    Thursday , 07 Jul 2011

Mining exports to top $3bn this year - Bolivia

According to the country's deputy mining minister, high prices for silver and zinc are expected to push the value of Bolivia's mining exports to a new record above $3bn    Thursday , 07 Jul 2011

Downgrades and defaults ahead boost gold demand again

The gold price has been picking up since the July 4 holiday in the U.S. with more worries on Eurozone debt and defaults taking centre stage again.    Wednesday , 06 Jul 2011

Q4 profit up on higher gold production - Kirkland Lake

The gold miner said net income for the fourth quarter rose to C$4m on the back of higher gold production    Wednesday , 06 Jul 2011

CAT/Westrac to provide autonomous haulage solution for Fortescue

Caterpillar has announced that it, through its Westrac dealership, and iron ore miner, Fortescue have signed an MoU to provide an autonomous mining solution for the latter's new Solomon iron ore operation.    Thursday , 07 Jul 2011

Yesterday's Top Story: On the way to a new gold standard?

In another extract from his comprehensive 90-page Special Report on Gold, Ronald Stoeferle examines the pros and cons of the case for a return to some form of gold standard.    Wednesday , 06 Jul 2011

PODCASTS / RADIO                                                     

Putting monetary trust in gold - Ronald Stoeferle

A look at some of the changes in the monetary nature of gold and an outlook for prices given the current macro economic outlook

Metorex gets a firm offer from Jinchuan: Peter Major - mining consultant, Cadiz Corporate Solutions

With the arrival of Jinchuan's a new all cash offer of R8.90 per share which values Metorex at R9.1bn and leaves Vale's offer far behind, Metorex has clearly played its cards right

Base metal de-stocking phase nearing its end - Nic Brown

The inflation problem in developing countries could be reaching its peak after which could see a pick -up in growth over the next 9 months that would be good for base metals

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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

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