Thursday, August 25, 2011

MINEWEB.COM'S TOP STORIES: Potash, aluminum, copper continue to have promise-Scotiabank

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TOP STORIES | Thursday , 25 Aug 2011                                                     

Potash, aluminum, copper continue to have promise-Scotiabank

Physical supply/demand conditions in many markets remain tight-especially in copper, iron ore, grains & oilseeds and fertilizers, principally potash, says Scotiabank economic Patricia Mohr.    Thursday , 25 Aug 2011

Peru's gold, copper export sales up substantially in 1H11

Although Peru reported the volume of gold exports declined in the first half of the year, gold prices drove gold sales up 16.2%.    Thursday , 25 Aug 2011

Gold, the dollar and currency failure

The U.S. Fed and Congress want to see a far weaker dollar against all other currencies but can't see it because of the structure of the currency system! Where does this leave investment in gold?    Wednesday , 24 Aug 2011

Glencore announces 50% jump in H1 profit, remains optimistic on growth

The commodities trader announced a forecast-meeting 50% jump in H1 profit and said it remains focused on minimising the impact of the continued volatility and bearishness currently present in global markets    Thursday , 25 Aug 2011

Impala Platinum announces 41% jump in headline earnings

The South African platinum producer announced a 5.5% jump in platinum production and added it is on track to reach annual production of 2 million ounces    Thursday , 25 Aug 2011

Brazilian Gold shores up Brazil concessions around 'hive of activity'

Through an all-share land deal with Talon Metals, Brazilian Gold is adding 115,926 hectares to its already sizeable land package in Brazil.    Thursday , 25 Aug 2011

Balmoral gets more high-grade gold at Martiniere

A recently discovered high-grade area of the Martiniere West zone continues to produce strong gold intercepts for Balmoral Resources.    Wednesday , 24 Aug 2011

Profit taking dents gold price - but is this the expected correction?

The gold price fell heavily in the U.S yesterday, but analysts are divided over whether this is just profit taking or the start of a correction which could drop the yellow metal's price 10% or more.    Wednesday , 24 Aug 2011

The upside for gold and silver will knock your socks off - Embry

With no easy solutions to the globe's debt problems visible, Sprott Asset Management's John Embry expects gold and silver to be significant beneficiaries but the road ahead will not be easy.    Wednesday , 24 Aug 2011

Orissa mining sector on Australian radar

Australia is looking with interest at the Indian state of Orissa and its abundance of mineral wealth, and plans to invest around $2 billion in the state's mining sector.    Thursday , 25 Aug 2011

Japanese Regulator clears Peabody/ArcelorMittal bid for Macarthur Coal

According to a statement by the two bidders, Japan's competition authority has cleared its $5bn hostile bid for the Australian coal miner.    Thursday , 25 Aug 2011

SPDR Gold trust holdings fall as gold futures slip

In its biggest one-day drop in seven months the SPDR Gold Trust said Wednesday its holdings fell 2.2% on the back of a sharp decline in gold futures prices    Thursday , 25 Aug 2011

Iluka Resources returns to profit in H1

The Australian mineral sands miner said strong prices for products like zircon and rutile helped the company record a net profit of $153m for the six months to June    Thursday , 25 Aug 2011

CME raises gold futures margins 27%

In the biggest hike in more than two and a half years, the CME Group raised margins on gold futures by around 27% Wednesday, at the same time gold futures fell more than $100    Thursday , 25 Aug 2011

Rio Tinto ups Ivanhoe stake 2% to 48.5%

By exercising its right to acquire shares in the exploration company led by Robert Friedland, Rio Tinto upped its stake to 48.5% and, under the current deal between the two companies, can boost the stake further to 49%    Thursday , 25 Aug 2011

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

September could be a 'crazy month' for gold

Bernanke at Jackson Hole and US jobless claim figures could decide whether gold continues to correct or regains it high ground, but regardless September could be a wild month as Asian demand picks is likely to pick up.    Wednesday , 24 Aug 2011

Yesterday's Top Story: President Chavez signs decree nationalizing Venezuelan gold mining sector

A newly signed presidential decree not only nationalizes Venezuelan gold mining, but also establishes a royalty system.    Wednesday , 24 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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CONFERENCES

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Date: 18 September 2011 - 21 September 2011
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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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