Friday, August 26, 2011

MINEWEB.COM'S TOP STORIES: Mining's ‘supercycle' stalled as new project pickings get slimmer-Doug Silver

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TOP STORIES | Friday , 26 Aug 2011                                                     

Mining's 'supercycle' stalled as new project pickings get slimmer-Doug Silver

International Royalty Corp. founder, Doug Silver, now a portfolio manager, worries that the central banks of countries such as Venezuela, may choose to sell their gold during this time of record prices.    Friday , 26 Aug 2011

Perth junior's NSW polymetallic project produces high grade results

Peel Exploration has stepped up work on its 4-Mile prospect that includes the May Day deposit, 100kms south of Cobar in New South Wales after discovering a new wide zone of -silver-gold-lead and zinc mineralisation    Friday , 26 Aug 2011

Uranium and potash and emerging and frontier markets

Carlos Andres gives us some insights on global mineral exploration and production in some "out of the way" areas and takes a particular look at uranium and potash . Energy Report interview    Friday , 26 Aug 2011

International Tower Hill goes bigger, drops gold heap leach at Livengood

Livengood, a 16.5 million ounce gold deposit in Alaska, gets a second look as a mining project under International Tower Hill Mines' newish-president and CEO James Komadina.    Friday , 26 Aug 2011

Kaminak punches into hot gold zone at Supremo

The Yukon continues to treat Kaminak Gold well as its drills bite into more high-grade gold at its Coffee gold project.    Thursday , 25 Aug 2011

Optimum Coal confirms receipt of expressions of interest

A day after sources were reported saying that Glencore was looking at the South African coal miner, Optimum Coal confirmed it has received expressions of interest from unnamed third parties    Friday , 26 Aug 2011

Freeport Indonesia workers planning another strike - union

According to a union official, workers at Freeport's massive Grasberg mine are planning to stage another strike soon after talks between union representatives and management reached a deadlock.    Friday , 26 Aug 2011

Peru government, miners reach royalty agreement

Fulfilling one of President Humala's campaign promises, Peru's miners have agreed to raise annual payments to government to around $1bn    Friday , 26 Aug 2011

Harmony gold not vulnerable to take over bids - CEO

Harmony Gold CEO, Graham Briggs, said Wednesday that while the world's fifth largest gold producer may be undervalued at present levels, it is not in any danger of a takeover attempt    Thursday , 25 Aug 2011

Glencore aiming to grow iron ore presence - CEO

According to Glencore chief, Ivan Glasenberg, the commodities trader says it is planning to grow its iron ore business through marketing deals and, possibly, acquisitions    Thursday , 25 Aug 2011

'Fear premium' in gold takes a hammering - but bull run still intact

Gold's recent heavy fall may be attributable to the expectation of positive moves to be announced at the Jackson hole meeting - perhaps aided and abetted by some form of 'official' selling.    Thursday , 25 Aug 2011

Strong gold prices help Petropavlovsk return to profit

The Russian gold miner beat analyst expectations, producing 219,100 gold ounces in the first half and said it was confident it would meet full year production targets    Thursday , 25 Aug 2011

POSCO to cut domestic steel prices to help lift market

In a bid to help revive a sluggish market the South Korean steel maker said it plans to cut domestic prices for major stainless steel products by $92 per tonne    Friday , 26 Aug 2011

Panners, miners making hay in Australia's new gold rush

As gold prices surge both amateurs and professionals are looking to Australia's gold fields as a means to cash in on bullion's record run    Thursday , 25 Aug 2011

Japan likely to remain net exporter of gold as investors cash in

While investment into Japanese gold funds remains strong, the number of people cashing in on surging gold prices remains high and the country looks like it will remain a net exporter of the metal    Thursday , 25 Aug 2011

Assmang's Khumani iron ore mine expands training simulator use

The latest mining operation to buy mining equipment training simulators from ThoroughTec is a major South African iron ore mining operation    Friday , 26 Aug 2011

Yesterday's Top Story: Technical Analysis: How low can gold go on a correction?

Technical analysis of the gold price gives an indication of how low the price could fall, yet still remain within its bull trend after its recent excessive sharp increase.    Thursday , 25 Aug 2011

PODCASTS / RADIO                                                     

Gold to move higher within the next 12 months but a correction won't go amiss - Embry

Sprott Asset Management's John Embry wouldn't be surprised to see gold at $2,500 per ounce within the next 12 months but says he would prefer to see some kind of correction first

Chinese growth, inflation and the implications for commodity prices

The Beijing Axis MD ,Kobus van der Wath, talks us through the implications of the latest set of Chinese inflation numbers in light of the crises in Europe and the US and what it means for commodities

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

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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

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