Tuesday, July 19, 2011

MINEWEB.COM'S TOP STORIES: Gold producers offering excellent value - Analysts

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FEATURED PODCAST                                                     

Copper likely to trade as high as $11,000 before year end - Tom Kendall

A look at the fundamentals behind copper's recent run and expectations of further growth as China comes back into the market
 

TOP STORIES | Tuesday , 19 Jul 2011                                                     

Gold producers offering excellent value - Analysts

Analysts at Dundee Wealth, RBCCM and Blue Phoenix believe that recent underperformance in the gold equity sector while gold prices have continued to rise significantly has resulted in a valuation imbalance    Tuesday , 19 Jul 2011

Proposed Indonesian raw minerals export ban favored by several miners

As Indonesian ministries consider banning raw minerals exports to force miners to build smelters and other processing facilities, several mining companies support the move because of potential increased revenue.    Tuesday , 19 Jul 2011

Navajo anti-uranium group challenges HRI Churchrock state discharge permit

The 24-year battle between the anti-uranium mining groups and Hydro Resources over a New Mexico in-situ uranium project now involves accusations that a state agency mishandled a discharge permit.    Tuesday , 19 Jul 2011

Silver and coal top commodities H1; strong outlook for gold in H2 - Frank Holmes

A review of commodity performance over the first half of the current year shows silver and gold star performers, while gold is picked as likely to be strong in H2.    Tuesday , 19 Jul 2011

Orocobre's Salinas Grandes: Potential for 'very low cost' mine - analyst

Orocobre met expectations at its Salinas Grandes lithium-potash project in Argentina with its latest drilling results, with suggestions that the future may be quite bright for the junior's Number Two project.    Tuesday , 19 Jul 2011

Barrick investment in Carpathian Gold endorsement for Romanian mining

There may be more than meets the eye to Carpathian Gold's C$20 million financing with Barrick; some saw it as a sure sign of a rejuvenated climate for miners in Romania.    Monday , 18 Jul 2011

Gold hits record $1600 and silver back through $40 in London - GSR 40:1

Gold hit $1600 in London this morning and silver $40, although both fell back thereafter. But the barrier has been breached which would seem to be paving the way for further rises ahead.    Monday , 18 Jul 2011

PFS points way forward on Minera IRL Ollachea gold project

A prefeasibility study on Minera IRL's Ollachea gold project in Peru has delighted company chairman Courtney Chamberlain and a Bankable Feasibility Study now under way    Monday , 18 Jul 2011

Chilean president names new mining minister

Sebastian Pinera, announced on Monday that Hernan de Solminihac, who was previously public works minister would take over the mining portflio as part of a cabinet reshuffle    Tuesday , 19 Jul 2011

Canberra mining tax will create serious anti- competitive issues - AMEC

The Association of Mining & Exploration Companies today claimed the Australian govt's planned Minerals Resource Rent Tax would provide an uneven playing field for the country's smaller miners.    Monday , 18 Jul 2011

The impact of the U.S. debt ceiling debate as gold pushes through $1600

The game of brinkmanship with the country's finances being played by U.S. politicians is likely to end in a higher debt ceiling that can only further increase the chances of inflation    Tuesday , 19 Jul 2011

Q4 output down 17% on furnace shutdown - International Ferro Metals

The South African ferrochrome producer said ferrochrome production came in at 42,584 tonnes for the quarter because of a scheduled furnace shutdown but said it remained positive on the ferrochrome market    Tuesday , 19 Jul 2011

Sandvik posts worse-than-expected quarterly profits

The Specialty steel and toolmaker said the strong Swedish crown weighed on earnings as it announced operating profits of 3.6bn crowns for the second quarter, compared to 3.5bn crowns for the same period a year ago    Tuesday , 19 Jul 2011

Petra Diamonds FY revenue jumps 24%

The diamond producer said the jump in production came on the back of higher prices achieved for its rough diamonds and better sales which offset a decline in production    Tuesday , 19 Jul 2011

Can one really be bullish on copper with gold rallying?

While it seems incongruous that both copper and gold can outperform at the same time, given the current global macro-economic situation such a scenario doesn't seem entirely out of the question    Tuesday , 19 Jul 2011

Are ETFs safe, or a financial calamity in waiting?

With $1.5 trillion tied up in ETFs, and some of them complex in structure, UK regulators are worried that these investment instruments could be the source of the next big financial collapse.    Tuesday , 19 Jul 2011

Forbes Coal looking for consolidation in South Africa

The Toronto-listed company said on Monday it is looking to consolidate with mines or projects close to its two operating mines in the KwaZulu-Natal province    Monday , 18 Jul 2011

Russia offers Germany rare earths co-operation

Russia is offering to co-operate with Germany on rare earths supplies which the latter sees as potentially in critical short supply.    Monday , 18 Jul 2011

Glencore to close Mina Justa deal in October

The commodities trader said it expects to complete its $475m acquisition of a 70% stake in the owner of the Peruvian copper project by October.    Monday , 18 Jul 2011

Yesterday's Top Story: Comex silver longs bound higher - but much of it is short covering

Specs are buying silver again and there has been some renewed nibbling in the silver ETFs but, there has also been some substantial short-covering which could see this latest move prove deceptive    Monday , 18 Jul 2011

PODCASTS / RADIO                                                     

Gold bullion versus gold stocks and Europe's continuing debt problems

John Licata of Blue Phoenix takes us through some of the factors continuing to underpin gold prices and looks at the difference in valuation between gold bullion and equities

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.

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

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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
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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

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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