Friday, July 8, 2011

MINEWEB.COM'S TOP STORIES: Precious metals stocks ‘substantially undervalued'-BofA Merrill Lynch

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TOP STORIES | Friday , 08 Jul 2011                                                     

Precious metals stocks 'substantially undervalued'-BofA Merrill Lynch

Bank of America Merrill Lynch analysts have raised gold price forecasts, but have reduced the copper price forecast from $4.64 to $4.32 per pound for 2011.    Friday , 08 Jul 2011

New EPA Cross-State Air Regulation will hurt U.S. coal

As environmental groups and state regulators rejoiced, not everyone was pleased with EPA's new Cross-State Air Pollution Rule announced by agency administrator Lisa Jackson.    Friday , 08 Jul 2011

Does the BIS now hold Greece's gold?

Conjecture on from whence the 500 tonnes of gold held by the BIS has been acquired. Is this perhaps a swap involving the Greek and Portuguese gold reserves taken as collateral?    Friday , 08 Jul 2011

Cameco's new CEO quietly confident

Three days into what has been a very smooth handover, the uranium producer's new CEO remains very positive about the state of the nuclear industry and Cameco's place within it.    Thursday , 07 Jul 2011

UK silver coin sales from Royal Mint double in H1 2011

The UK's Royal Mint is yet another Mint which is reporting a huge upsurge in demand for silver coins in the first half of the year, but how much was due to the big silver price rises before the May collapse.    Thursday , 07 Jul 2011

India's MMTC to import 12% more gold, 30% more silver

The Indian government's largest trading arm is likely to hike shipments of gold in the year to March 2012 by 12% to 265 tonnes, with silver too getting a boost to around 1,500 tonnes.    Friday , 08 Jul 2011

Mayaniquel: a "remarkable" ferronickel project - Anfield

In a conference call unveiling the Mayaniquel scoping study, David Strang, Anfield Nickel's chairman, proselytized the virtues of what he called one of the world's 'lowest cost', 'largest'" ferronickel projects.    Friday , 08 Jul 2011

Pretium drills more bonanza grade gold at Brucejack

The list of high grade gold with silver results is growing longer for Pretium Resources, boding well for continuity between bonanza grade intercepts at its Brucejack project in BC.    Thursday , 07 Jul 2011

Gold mining stocks not yet reflecting record prices in an unstable world - Niehuser

Mike Niehuser feels market will recognize value in gold mining stocks and investors should focus on companies with potential to build value. Gold Report interview    Thursday , 07 Jul 2011

Aluminium price surge to boost Alcoa profits

Current prices for aluminium are around 5% higher than they were during Alcoa's first quarter this year when the company recorded its best numbers since the end of 2008.    Friday , 08 Jul 2011

Harmony halts Unisel ops after accident

Harmony Gold Mining said Friday it has suspended operations at its Unisel mine after a worker was killed in an accident    Friday , 08 Jul 2011

Peru creates additional retirement fund for miners

Peru's congress Thursday enacted a new law on Thursday that provides miners with an additional retirement fund funded by corporate profits and payrolls    Friday , 08 Jul 2011

Winter storm adds to Chile's copper heartland woes

Escondida halted extraction operations early on Thursday because of heavy rains. The region has suffered from unusually bad weather year-to-date    Friday , 08 Jul 2011

Two Philippine mines attacked by Maoist rebels

Maoist guerrillas burned vehicles, equipment and housing facilities in two separate attacks on privately owned mining firms in the country, the military said on Thursday    Thursday , 07 Jul 2011

London copper best in two months but other base metals mixed

Relief on apparent easing of Greek financial difficulties has been boosting the copper price    Thursday , 07 Jul 2011

Greek gold mining licences for European Goldfields on way

The country said today it expects to give the London-based gold miner a long-awaited permit to dig for gold later in July    Thursday , 07 Jul 2011

Yesterday's Top Story: 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

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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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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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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