Wednesday, August 17, 2011

MINEWEB.COM'S TOP STORIES: China to join Japan, South Korea in Bolivian lithium resource development

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FEATURED PODCAST                                                     

Gold prices to average $1,600 in Q4 as investor demand slips - Westmore

Gold is curerntly pricing in a good probability of a further global recession but, if this doesn't happen then demand by investors is likely to be pared in the second half of the year says National Australia Bank's Ben Westmore
 

TOP STORIES | Wednesday , 17 Aug 2011                                                     

China to join Japan, South Korea in Bolivian lithium resource development

Making good on his program to initiate partnerships with several nations to develop Bolivia's vast lithium resources, Bolivian President Morales has signed an agreement with China's CITIC.    Wednesday , 17 Aug 2011

Capstone outlines +250% copper production growth with $1.2B mine Chile

Capstone is looking to near triple copper production over the coming five years as development of its Santo Domingo copper-iron project in Chile progresses.    Wednesday , 17 Aug 2011

Colombia's President Santos bans mining exploration in historic coffee growing region

A United Nations World Heritage designation of the Coffee Cultural Landscape of Colombia prompted Colombia's President to ban mining exploration in a region famous for coffee plantations, architecture and tourism.    Wednesday , 17 Aug 2011

Higher prices and lots of opportunities keep Silver Wheaton CEO bullish

Silver Wheaton's new CEO has no plans to change the royalty company's business model but sees opportunity in the current disconnect between miners and metal prices    Tuesday , 16 Aug 2011

When will two faced silver start to move again - and which way?

Contrary to its reputation, silver has been one of the least volatile investment sectors in the past month as gold and the stock markets have fluctuated wildly. It is thus overdue for a breakout- but which way?    Tuesday , 16 Aug 2011

Deep extensions at Bell Creek gold project buoy Lake Shore Gold

Lake Shore Gold, drilling over 400 metres below a resource estimate at its Bell Creek gold project, is proving there's room to grow at this past-producing gold mine.    Tuesday , 16 Aug 2011

Silver prices likely to follow gold's lead - analysts

Silver's demand as a safe haven investment remains intact with investors in India holding on to the white metal, as slow growth coupled with the ongoing debt issues in the US and the Euro zone support demand.    Tuesday , 16 Aug 2011

Peru miners agree to higher taxes as part of system overhaul - sources

According to sources on both sides of the negotiating table, Peru's miners have agreed, with President OllantaHumala's government, to pay higher royalties.    Wednesday , 17 Aug 2011

Vale's coal head resigns

The Brazilian miner said Wednesday its global coal division director, Decio Amaral, will resign from his Australia-based post on Sept 1 and return to Brazil to pursue interests outside the company    Wednesday , 17 Aug 2011

Kinross announces $1bn debt offer

The gold miner announced on Tuesday the pricing for a $1bn debt offering that it says will be used for general corporate purposes    Wednesday , 17 Aug 2011

Fukushima cold shutdown running behind schedule - Nikkei

According to the Nikkei business daily, Tokyo Electric Power's goal of a cold shutdown in the October-January period is looking uncertain    Wednesday , 17 Aug 2011

Zijin Mining to buy 60% stake in Kyrgyzstan gold miner

In a bid to increase its gold reserves, the Chinese miner said it would spend $66m on the stake in Altynken LLC, adding, the purchase is conditional on approvals from the Chinese and Kyrgyzstan governments.    Wednesday , 17 Aug 2011

Rio Tinto suspends ops at two iron ore mines after fatality

The miner said it had halted work at its Brockman 2 and Nammuldi mine sites after a 27-year old man wa s fatally injured. The mines will remain suspended until further notice, the group said    Wednesday , 17 Aug 2011

ETF trade volume to rise in H2

According to State Street investment managers the volume of funds invested into ETFs is likely to rise in the second half of 2011 as investors look to weather the increased volatility in global markets with dividend payers and metals    Tuesday , 16 Aug 2011

Cash-strapped RUSAL renegotiates $4.6 bn loan facility

Russia's RUSAL, the debt laden World No. 2 aluminium producer, has managed to renegotiate its massive $4.58 billion loan facility with state bank Sberbank, easing its debt problems    Tuesday , 16 Aug 2011

Hudbay Guatemala nickel mine rape and murder suit for Canadian courts?

Arguments over jurisdiction prevalent in attempts to sue HudBay Minerals in Canada over alleged 2007 murder and rapes by security staff of opponents to its then-owned Fenix nickel mine.    Tuesday , 16 Aug 2011

Whittle completes Enterprise Optimisation Study for Angloplats platinum mine

Mining software implementation specialists, Whittle Consulting (Africa) have successfully completed successfully an Enterprise Optimisation Study for Anglo Platinum's Mogalakwena platinum mine.    Wednesday , 17 Aug 2011

Yesterday's Top Story: Über Hedge Fund Manager Steven Cohen jumps on gold ETF express

SAC Capital Advisors L.P. founder Steven Cohen, who has invested in mining stocks, looks now to have officially joined the ranks of the gold ETF gold bugs.    Tuesday , 16 Aug 2011

PODCASTS / RADIO                                                     

Silver Wheaton and the prospects for the silver market - Randy Smallwood, Silver Wheaton CEO

A look at some of the reasons behind the strong performance by the silver royalty company and a view on what one can expect from the silver market going forward

Gold stocks valuations in the current macro environment - Joe Mazumdar, Hayward Securities

A look at some of the factors behind the difference in valuations between gold stocks and gold bullions in the context of the significant macro economic turmoil

Gold's move above platinum - William Rhind, MD: ETF Securities

A look at the recent performance of gold in relation to platinum and the trends in precious metal ETFs

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Date: 18 September 2011 - 21 September 2011
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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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