| | | | Concerns around resource nationalism top the international mining community's worry list, with skills shortages coming a close second, according to a new report by Ernst & Young | | | | | | TOP STORIES | Monday , 08 Aug 2011 | | Ecuador's President Correa, an economist by training, hopes to place his nation at the forefront globally by securing mining royalties for copper and gold projects in advance Monday , 08 Aug 2011 | | Concerns about resource nationalism have topped this year's annual Ernst & Young list of the top ten risks facing the mining sector, with worries about a skills shortage not far behind Monday , 08 Aug 2011 | | The promise of prosperity for Mongolia looms as large as the five hills after which the coal deposit was named but, pleasing enough of the right people to make a success of the project is proving difficult Monday , 08 Aug 2011 | | HudBay's $170 million cash sale of the eastern Guatemalan nickel operation to Russia's Solway Group will help strengthen the Canadian miner's balance sheet. Monday , 08 Aug 2011 | | In a bid to take advantage of continued high coal prices the two companies have proposed a buy-out of the 14% of the Australian Coal miner which they do not already own. Monday , 08 Aug 2011 | | With the tradition that any gold offering will be returned manifold during a certain auspicious period, the World Gold Council India is teaming up with jewellers to sell discounted gold to price conscious Indians. Saturday , 06 Aug 2011 | | Despite pressure to step down as soon as possible, outgoing S. Australian premier, Mike Rann has vowed to stay on until October 20th in an effort to help finalise the expansion of BHP Billiton's Olympic Dam mine. Monday , 08 Aug 2011 | | According to the Indonesian unit of the U.S. miner, several days of protests at its Batu Hijau copper-gold mine had had no significant impact on production Monday , 08 Aug 2011 | | Analysts expect commodities, with the exception of gold, to fall on Asian markets early in the week, but don't think this will be panic selling as Chinese demand seen as staying strong. Sunday , 07 Aug 2011 | | Batero Gold looks to expand gold-copper mineralization at its Batero-Quinchia project in Colombia as it eyes getting its first resource estimate out in the fourth quarter 2011. Saturday , 06 Aug 2011 | | Part of the $15-billion Jindal group, Jindal Steel and Power has entered into a pact with Rio Tinto to use the UK firm's specialised steel making technology, amidst tightening iron ore fundamentals. Friday , 05 Aug 2011 | | With Korea's power needs expected to continue to grow, the announcement that a Korean utilities powerhouse could get up to a 40 percent stake in Strathmore's Gas Hills uranium project is well timed Friday , 05 Aug 2011 | | Speaking at GATA's sold-out Gold Rush conference in London, Eric Sprott affirmed his strong views on gold and his even more positive thoughts on silver. Saturday , 06 Aug 2011 | | With the removal of the group's hedge book and the successful implementation of a number of business improvement projects, Cutifani says the group is beginning to see real benefits | | US Global Investors CEO Frank Holmes maintains that gold bullion is likely to rise significantly, albeit in a volatile fashion and, believes that gold stocks, especially those paying dividends will do well | | A look at some of the underlying reasons for the mining strikes seen over the last few weeks in South Africa and Chile and some of the longer term implications | | |
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Auriga Gold announces initial resource estimate for the Maverick Gold Project, Manitoba: Auriga Gold Corp. (AIA:TSXV) is pleased to announce its initial resource estimate for the Maverick Gold Project, on the Puffy Lake Mine Deposit, 65 km from Flin Flon, Manitoba, Canada. Please see the attached press release and attached images of the resources and the area map. Drilling to May 2011, has resulted in optimized in-pit and underground Indicated Resources totalling 174,000 ounces gold and Inferred Resources totalling 558,000 ounces gold. The resource has been estimated by P & E Mining Consultants Inc. using the results from over 300 historical drill holes by previous operators and 41 holes drilled by Auriga Gold since December 2010. Richard Sutcliffe, Auriga Gold's CEO, commented, "The initial resource estimate at the Puffy Lake deposit is very promising and we are particularly encouraged by the optimized in-pit resources that will form a potential starter pit for resuming operations. This resource represents a significant increase in total Au ounces over the historical results, reflecting a reduction in underground cut-off grade to 2.5 g/t gold. To read the full release click here. | | | | | | | | | | | | CONFERENCES | 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 | | | | | | FEATURED
COMPANY | ENGINE ROOM 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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