Friday, July 15, 2011

MINEWEB.COM'S TOP STORIES: U.S. hardrock AML cleanup may require federal fees, Good Samaritan laws

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TOP STORIES | Friday , 15 Jul 2011                                                     

U.S. hardrock AML cleanup may require federal fees, Good Samaritan laws

A congressional subcommittee hearing on cleanup and securing of abandoned mined land sites on public lands has generated numerous suggestions regarding inventory, incentives, and costs.    Friday , 15 Jul 2011

Three reports define Critical Minerals and Materials

An analysis of three reports which identify those metals and minerals seen as critical to the technology and industries of the major Western economies    Friday , 15 Jul 2011

Europe's debt default crisis: It's the CDS Stupid!

The latest sharp run up in the gold price goes deeper than just fear about the naked debt positions of the European PIIG economies. These are magnified many times by derivatives such as Credit Default Swaps.    Thursday , 14 Jul 2011

Ontario forest fires force Goldcorp Musselwhite mine evacuation

A fire located 30 kilometers from the Musselwhite mine was advancing late Thursday toward the mine site, forcing the temporary closure and evacuation of the Goldcorp operation.    Friday , 15 Jul 2011

Scrap copper market supply squeezed by U.S. building slump

A continued slump in industrial demolition rates as a result of the prolonged downturn in the U.S. housing sector has tightened supplies in the U.S. copper scrap market    Friday , 15 Jul 2011

China nearly doubles rare earth export quota

Even as China dismissed US and EU claims that they have violated global trade rules by restricting exports of rare earths, a WTO ruling of last week has resulted in China almost doubling the export quota of the precious minerals.    Thursday , 14 Jul 2011

BHP Billiton to spend $12.1bn on U.S. Petrohawk Energy

The transnational miner unveiled the all-cash bid for the U.S. energy company on Friday marking its biggest step to date, into the shale gas sector.    Friday , 15 Jul 2011

Fortescue production rises 8% in June quarter

According to the Australian iron ore miner, production rose to 12.38m tonnes during the quarter. The group added that expansion work to triple output over the next two-and-a-half years remained on track    Friday , 15 Jul 2011

Usimas pays $1.16bn for long term iron ore access

The Brazilian steelmaker said Thursday it has agreed to rent mining rights owned by MBL Materiais Basicos for the next 30 years in order to secure access to iron ore resources    Friday , 15 Jul 2011

JPMorgan ups commodities risk in Q2

According to the numbers in its latest financial results, the bank's value at risk for commodities averaged $16 million per day in the second quarter, compared with $13 million in the first quarter    Friday , 15 Jul 2011

Vale signs JV for concession rights at Brazil's Ultrafertil port

According to a regulatory filing the Brazilian miner will pay its Vale Fertilizantes unit $96m for a 51 percent stake in the port project and will pump in 432 million reais to fund investments in the port.    Friday , 15 Jul 2011

Outotec alumina calciners ordered for Saudi's Ma'aden Alcoa JV

Finnish metallurgical technology specialist has achieved an order for two calciners for the Ma'aden/Alcoa Ras Al Khair aluminium complex in Saudi Arabia    Friday , 15 Jul 2011

Shipments and production resume at Freeport Indonesia

Workers at Freeport McMoRan's Indonesian mine said that production gradually resumed on Thursday and and two cargoes carrying 65,000 tonnes of concentrate were ready for shipping on Friday    Friday , 15 Jul 2011

Wesizwe Platinum looking for consolidation

The Platinum miner said it will look to consolidate with neighbouring mines as it aims for full production at its Frischgewaagd-Ledig mine by 2021    Thursday , 14 Jul 2011

Goldplat on target to sell first gold from Kilimapesa

Small budding gold mining and technology company Goldplat says it is on track to produce its first gold at its Kilimapesa property in Kenya    Thursday , 14 Jul 2011

Unravelling global economy moving back towards a gold standard

Step by step, the world is edging towards a revived Gold Standard as it becomes clearer that Japan and the West have reached debt saturation.    Friday , 15 Jul 2011

Yesterday's Top Story: Extreme times for central bankers - a time for gold

The huge upwards swing in the gold price this week relates to loss of confidence in currencies with central banks in 'preserving-their-gold mode' with Greek default still looming.    Thursday , 14 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
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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