Wednesday, July 13, 2011

MINEWEB.COM'S TOP STORIES: Peru's Mines Ministry reports investment up; mixed mining production results

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FEATURED PODCAST                                                     

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
 

TOP STORIES | Wednesday , 13 Jul 2011                                                     

Peru's Mines Ministry reports investment up; mixed mining production results

While departing President Alan Garcia tripled Peru's mining investment during his administration, the production output of existing Peruvian mines thus far this year is definitely a mixed bag.    Wednesday , 13 Jul 2011

Mexico's President Calderon helps dedicate Fresnillo's newest silver mine

Mexican officials hope Minera Saucito, Fresnillo's newest silver mine, will rejuvenate the historic mining legacy of the country's Zacatecas State.    Wednesday , 13 Jul 2011

Indian investors jump into gold ETFs

Soaring gold prices in the physical market have helped grow investor interest in gold ETFs ensuring India's gold collection under ETFs rose 94% to 9,754 tonnes in March 2011.    Tuesday , 12 Jul 2011

Freeport Indonesia miners head back to work

Eye-witnesses reported that workers began heading back to Freeport's huge Grasberg mine by bus early on Wednesday    Wednesday , 13 Jul 2011

Codelco unions return to work but further strikes not ruled out

While miners have returned to work after a 24-hour strike, unions have said that more strikes could be on the cards if Codelco does not include them in talks about the restructuring of the company    Wednesday , 13 Jul 2011

Underground production at Vezza gold project to begin next year - North American Palladium

The precious metals firm said it expects the project to produce 39,000 ounces of gold next year with the potential to produce 50,000 ounces per year    Wednesday , 13 Jul 2011

Gold prices to soar as debt contagion spreads through the Eurozone

For the second consecutive day, gold priced in euros hit a new record as investors, concerned that Europe's debt woes are spreading, moved back to safe havens    Tuesday , 12 Jul 2011

First Uranium begins strategic review after Village Main share sale

The decision by Village Main Reef to sell its 26% stake in the uranium miner has prompted First Uranium to undertake a strategic review of the business    Wednesday , 13 Jul 2011

Vale dispute has so far led to 200,000 tonnes of cancelled shipments - Aquila

The Australian miner said, an ongoing marketing dispute between it and Vale has so far resulted in the cancellation of four shipments of steel-making coal from the jointly-owned Isaac Plains mine    Wednesday , 13 Jul 2011

Minara Resources trims full year guidance

The Australian nickel producer cut its production guidance to 29,000 -32,000 tonnes of nickel for the full year after repair work at its Murrin Murrin ore processing plant disrupted production    Wednesday , 13 Jul 2011

Is European Goldfields now a takeover target?

The long-awaited award of a mining permit by the Greek government, is expected to turn European Goldfields into Europe's primary gold producer and, some analysts believe, into a prime takeover target    Tuesday , 12 Jul 2011

Gold drifts lower, stock markets nosedive as "crisis path" Italy shows Eurozone woes "systemic"

The dollar gold price moved down as the dollar index rose, although the yellow metal set new highs in Euros and sterling as fears grow about the financial sate of Eurozone's third largest economy - Italy.    Tuesday , 12 Jul 2011

New series of Canadian and U.S. silver coins coming to market

A detailed look at the series of silver coins due to be issued in North America as the U.S. and Canadian Mints both try to meet ever increasing investor demand for their offerings.    Tuesday , 12 Jul 2011

Gold taking centre stage as Eurozone debt crisis escalates

As Eurozone finance ministers and central bankers are seeing themselves as having to fight a rearguard action to try and prevent Europe-wide financial collapse gold is beginning to make a move.    Wednesday , 13 Jul 2011

Yesterday's Top Story: Sprotts on precious metals - Gold good, silver better!

Sprott Inc. chairman Eric Sprott and Sprott Money President Larisa Sprott say the fundamentals that drive the price of silver are as strong now as before the spring selloff-maybe even stronger. Gold Report interview.    Tuesday , 12 Jul 2011

PODCASTS / RADIO                                                     

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

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

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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
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