Wednesday, July 6, 2011

MINEWEB.COM'S TOP STORIES: Will WTO raw materials decision help ease Chinese rare earths export quotas?

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FEATURED PODCAST                                                     

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
 

TOP STORIES | Wednesday , 06 Jul 2011                                                     

Will WTO raw materials decision help ease Chinese rare earths export quotas?

A World Trade Organization Panel decision demanding China ease its restrictions on raw material exports, may have significant ramifications for China's dominance over rare earths elements global supplies.    Wednesday , 06 Jul 2011

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

Jinchuan trumps Vale with $1.32bn offer for Metorex

The South African diversified miner said Tuesday it had received an all-cash offer from China's Jinchuan group of R8.90 per share, almost 22% higher than the current offer on the table from Vale    Wednesday , 06 Jul 2011

Copper seen as falling 20% or more as China economy slows down

All is not well with the Chinese economy where the slowdown is real and likely to impact copper prices in particular as monetary policy continues to tighten.    Tuesday , 05 Jul 2011

Strike may exacerbate FCX's Grasberg production woes

Freeport Indonesia officials say a labor dispute is disrupting production, but other operational activities are running as normal.    Wednesday , 06 Jul 2011

Chinese say minerals and energy co-operation with Australia should be improved

As the continuing main driver of global economic growth, China would like to see more co-operation between it and Australia on the energy and minerals resources front and in other areas    Wednesday , 06 Jul 2011

Luna Gold stock drops on rocky production results at Aurizona gold mine

It could be tough for Luna Gold to meet its production targets for 2011, as it plays catch up in H2 after disappointing recoveries at the Aurizona mine.    Wednesday , 06 Jul 2011

International Minerals drills 475 metres @ 0.8 g/t gold in Nevada

Going deep, International Minerals shows mineralization at the 4-million-ounce-gold Converse project continues at depth beyond previous drilling.    Wednesday , 06 Jul 2011

Indian companies compete for $700m in MetroCoal coal assets

Three Indian companies are bidding to get their hands on the thermal coal assets of Australia's MetroCoal's in a rush to secure raw material for their domestic thermal power plant capacity.    Tuesday , 05 Jul 2011

GVK Power to raise $1.2 bn debt for Hancock coal assets

GVK will pay $2.4 billion to iron ore mining magnate Gina Rinehart, for a controlling stake in two coal mines but said it will raise $1.2 billion to fund the buy.    Tuesday , 05 Jul 2011

S.A gold miners plan to strike

According to South Africa's National Union of Mineworkers, the country's gold mine workers are readying for a strike over wages against the main gold miners    Wednesday , 06 Jul 2011

Codelco prepares for worker strike, power struggle

Codelco workers are set to strike for 24 hours next Monday in a bid to halt an overhaul of the Chilean state mining company that is struggling to lift output    Wednesday , 06 Jul 2011

Tavan Tolgoi bidding process unfair - South Korea

According to South Korea, the bidding process to be part of Mongolia's Tavan Tolgoi coal development project was both unclear and unfair. It added that South Korean companies had been excluded from the final shortlist    Wednesday , 06 Jul 2011

Kingsgate Thai gold mine expansion to see raised output from September

Kingsgate's Chatree gold mine in Thailand is well on its way to up production to 200,000 oz/y with first new output from expansion program due in September.    Wednesday , 06 Jul 2011

Peabody, Shenhua in consortium chosen to for Mongolia's huge Tavan Tolgoi coal project

The chosen developers for Mongolia's massive Tavan Tolgoi coal deposit are Shenhua of China, a Russian/Mongolian consortium and Peabody Energy of the U.S.    Tuesday , 05 Jul 2011

913,000 ounce gold reserve gives Avion's Tabakoto mine 5-year life

Canadian gold junior reckons its gold reserve at flagship Tabakoto mine in Mali gives it at least 5-year life.    Tuesday , 05 Jul 2011

Papering over Europe's cracks

S&P's announcement that an attempt by France to roll-over Greek debt would be considered a default adds further insight to the view that more than anything else, the current euro zone plan is only delaying the inevitable    Tuesday , 05 Jul 2011

Yesterday's Top Story: $2,300 gold now a conservative target

The world economy is currently long in questions but short in answers. In what is now our fifth Gold Report we want to explain why our long-term target of USD 2,300, set for the first time three years ago, could prove conservative.    Tuesday , 05 Jul 2011

PODCASTS / RADIO                                                     

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

The launch of CPM's PGM Year book 2011 - Rohit Savant

A look at some of the findings in the latest addition of CPM's Platinum Group Metals Year book and a view on what we can expect going forward this year.

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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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