| | | | The nickel demand situation currently is "pretty much wholly reliant on China and how that country develops" | | | | | | TOP STORIES | Tuesday , 02 Aug 2011 | | 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 | | The world's biggest gold producer, Barrick Gold, will be an aggressive developer and explorer for copper but it copper division will never get close to matching the company's gold business. Tuesday , 02 Aug 2011 | | The Peruvian government hopes to use new mining taxation revenues, such as royalties, to finance public works in non-mining regions, says Peru's Finance Minister. Tuesday , 02 Aug 2011 | | Brent Cook has noticed a disconnect between the skyrocketing gold price and the low valuations of some larger mining companies. Gold Report interview. Tuesday , 02 Aug 2011 | | Despite the global economic turmoil, diamond and gold jewellery retailers at a jewellery show in India are optimistic about the rest of 2011, stating that the exceptional growth in India's retail market will continue Monday , 01 Aug 2011 | | Seller of branded gold jewellery are seeing major growth opportunities in the more remote areas of India as rising disposable income in and growing preferences for brands has meant a significant increase in demand. Monday , 01 Aug 2011 | | As the reserve currencies decline in value and as the overall "health" of fiat currencies worsens, David Levestein believes gold is likely to go higher Tuesday , 02 Aug 2011 | | According to the country's mining regulator, it has extended the suspension put in place in February for another six months in a bid to ease the congestion in processing. Tuesday , 02 Aug 2011 | | In what is its first gold purchase in more than a decade the Bank of Korea says it spent more than $1bn over the past two months in order to diversify its holdings away from reserve currencies like the dollar and the euro Tuesday , 02 Aug 2011 | | Karl Simich, Sandfire CEO, says the group has been attracting interest from Korean, Japanese and Chinese firms on the back of the rapid development of its De Grussa copper and gold mine Tuesday , 02 Aug 2011 | | The Australian miner says it still remains in positive talks with Peabody Energy and ArcelorMittal but added it is also in talks with other, unnamed suitors and it does not know the position of its largest shareholder, Citic Tuesday , 02 Aug 2011 | | The transnational miner is expected to produce a strong set of numbers for the first half while the second half is likely to be dominated by its copper unit. Tuesday , 02 Aug 2011 | | According to South Africa's National Union of Mineworkers, no progress was made on Monday to end a strike that is costing the country's gold producers as much as $25m per day Monday , 01 Aug 2011 | | Julian Phillips' Gold and silver market morning - analysis of movements in the gold and silver markets on Monday August 1st. Monday , 01 Aug 2011 | | Pressure group presents damning indictment of U.S. political system vis-a-vis debt ceiling impasse, advocates selling U.S. gold reserves to mitigate debt - if they exist - and sees gold hitting $16,000 or higher by end of decade. Sunday , 31 Jul 2011 | | 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 | | A better second half in prospect. But what if the threatened strike goes ahead? | | With the impact of the macro-economic concerns on the one hand and supply disruptions on the other copper markets are likely to continue to be choppy | | |
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Final US$3,273,200 sale proceeds received GGG Resources plc (GGG:AIM, GGB:ASX) is pleased to announce that it has received a final payment of US$ 3,273,200 from the sale of the Nimu Project. This brings the total payments from the Nimu disposal to US$ 7.4 million, or approximately £ 5 million. This represents an additional £ 0.7 million more than was budgeted for at the time of the GGG 2009 statutory accounts. The Company would like at this time to thank its former staff in China for all their hard work and dedication. In particular we would like to note the efforts of our former general manager Jackson (Huo Sen) who greatly assisted in the delicate process of completing the sale of our Chinese assets whilst minimising our exit costs. For the full release click here. | | | | | | | | | | | | CONFERENCES | Diggers and Dealers 2011 Forum | | Date: 01 August 2011 - 03 August 2011 | | Venue: Kalgoorlie, WA | | This important Australian annual mining conference combines presentations by listed mining and exploration companies with a large exhibition area housing exhibitors from the mining, exploration and service sectors. Read More | | 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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