Wednesday, August 3, 2011

MINEWEB.COM'S TOP STORIES: Fresnillo reports record silver, gold production for 1H11

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FEATURED PODCAST                                                     

Gold to double over the next five years, gold stocks offering value - Holmes

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
 

TOP STORIES | Wednesday , 03 Aug 2011                                                     

Fresnillo reports record silver, gold production for 1H11

The world's top silver miner, Fresnillo, reported eight fatalities during the first half of this year, two involving employees and six deaths of contractors working at Fresnillo sites.    Wednesday , 03 Aug 2011

Canberra tax will bypass the big three who agreed to it - Forrest

At this year's Diggers and Dealers, Andrew Forrest transformed from entrepreneur to industry statesman with an impassioned half hour talk, calling on the industry to fight the mineral resource rent tax (MRRT).    Wednesday , 03 Aug 2011

Gold miners became net hedgers in Q1 2011

According to a quarterly report on hedging activities by GFMS and Societe Generale, gold diggers turned to net hedgers for only the second time in 5 years with 0.19m tonnes added to the global hedge book    Wednesday , 03 Aug 2011

Rare earths offtake agreements key for developers; consolidation likely - Hykawy

End-users are emerging as key players in the rare earth space. Jon Hykawy, head of Global Research with Byron Capital, shares his views on where this trend is headed. Critical Metals report interview.    Wednesday , 03 Aug 2011

Chevron, EPA probe contamination of former Mariano Lake NM uranium mine

Chevron is the fifth responsible party that the U.S. government had ordered to take action at former uranium mines on Navajo Nation lands in New Mexico.    Wednesday , 03 Aug 2011

Forrest sells new CEO Nev Power, Power sells Fortescue

Andrew (Twiggy) Forrest has been a crowd puller at Diggers & Dealers in recent years but his role this year was behind the new CEO who showed that the group is determined to continue with its expansion plans.    Wednesday , 03 Aug 2011

Sunrise Dam still has a decade to go - AngloGold Ashanti

The gold digger says the Sunrise Dam gold mine, which has been one of Australia's top performer for the past 15 years, still has some legs but, its Tropicana project looks set to take over as AngloGold's flagship project.    Tuesday , 02 Aug 2011

Big growth plans for mid tier gold producer Silver Lake

The target for Silver Lake in 2014 will be to produce 300,000 ounces of gold annually which should place it in the top 10 Australian gold producers.    Wednesday , 03 Aug 2011

Grande Portage shareprice jumps on high-grade gold intercepts from Alaska

Extending high-grade gold mineralization at its Herbert Glacier project, Grande Portage caught investors' eyes with a couple of strong gold-mineralized intercepts.    Wednesday , 03 Aug 2011

Wealth growth driving gold demand; gift-giving season approaches - Holmes

Rising wealth, particularly in India and China, is the fundamental driver of gold price strength and with the gift giving season imminent we're in for an exciting period.    Wednesday , 03 Aug 2011

The reasons why SA won't nationalise its mines

A look at the numbers is enough to show that nationalisation is not a realistic option for South Africa but, a look at the history gives some indication of why government has been reluctant to explicitly say so.    Wednesday , 03 Aug 2011

Union says Escondida talks on the right track

As the strike at the Chilean copper mine moves into its 12th day, union leaders say the talks are now on the right path    Wednesday , 03 Aug 2011

Mundoro sells controlling stake in 4.8m ounce gold project for C$13.8m

Mundoro said C$13.8 million was the best deal it could get for an multi-million ounce gold project long ensnared by regulatory issues in China.    Tuesday , 02 Aug 2011

Mine Waste Solutions ops restarted - First Uranium

The uranium miner said Tuesday it had restarted its Mine Waste Solutions facility after work was suspended last week on concerns about pipeline maintenance at the plant    Wednesday , 03 Aug 2011

Iamgold mineworkers stage strike in Suriname

Workers at the Canadian miner's Rosebel mine in Suriname began striking on Tuesday to protest work schedules    Tuesday , 02 Aug 2011

South Africa's mining unions end gold mine strike, but reject platinum miner's offer

The South African gold mine strike, which has lasted for five days, is now over with settlement achieved and workers returning today.    Tuesday , 02 Aug 2011

Xstrata more than doubles interim dividend

Continued tightness in the copper market is expected to further help the transnational miner recover from a tough, flood-hit first half.    Tuesday , 02 Aug 2011

S. Korean purchase helps push gold toward record

The yellow metal traded within less than half a percent of record highs amid an 11th-hour deal to raise the U.S. debt ceiling and the first purchase of bullion by Korea in more than a decade    Tuesday , 02 Aug 2011

The Gold & Silver Warrants Index (GSWI) in Review

A review of the longer term warrants available for North American gold and silver mining companies - a volatile investment sector which can prove to be particularly rewarding when stocks are advancing.    Tuesday , 02 Aug 2011

Yesterday's Top Story: Political rescue attempts could hold gold prices hostage - Don Coxe

During a time of nightmares about U.S. deficits and mad politicians, analyst Don Coxe suggests it "would be hard to write a better script for a recommendation to buy gold."    Tuesday , 02 Aug 2011

PODCASTS / RADIO                                                     

The implications of mining strikes in Chile and South Africa - Control Risks

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

The U.S. Emperor not quite naked, but its clothes looking rather threadbare

Michael Power, Investec Investment strategist takes a look at the implications of the latest kick of the US debt can, the growing role of china and the likely impacts on commodities

Europe, the US debt ceiling and the fundamentals of gold demand - HSBC

HSBC precious metals analyst, James Steel looks at the likelihood of increased volatility in the gold market and the continued growth in emerging market demand in the wake of the macro economic turmoil

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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

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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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