Thursday, August 11, 2011

MINEWEB.COM'S TOP STORIES: Record gold production from Kinross - earnings rise and dividend uppped

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TOP STORIES | Thursday , 11 Aug 2011                                                     

Record gold production from Kinross - earnings rise and dividend upped

Kinross Gold's board has declared a dividend of US$0.06 per common share, a 20% increase from the previous March 31, 2011 dividend.    Thursday , 11 Aug 2011

Nevsun hits stride at Bisha mine in Eritrea with full production in Q2

For many, initial production at a mine is synonymous with headaches and missed estimates, but not so for Nevsun Resources at its Bisha mine.    Thursday , 11 Aug 2011

The South African nationalisation debate a Q and A

A look at the actual likelihood of mine nationalisation in the country, who is pushing for it, why the government opposes it and what the alternatives are    Thursday , 11 Aug 2011

Despite record earnings, PanAm Silver production stumbled during Q1

Pan American Silver CEO Geoff Burns said production issues during the first quarter have been addressed and the company will meet its 2011 guidance.    Thursday , 11 Aug 2011

Kaminak shareprice jumps on high-grade gold at Yukon target

Kaminak Gold continues to hit consistent high-grade gold at its Coffee project in the Yukon, where drilling at several targets is ongoing.    Wednesday , 10 Aug 2011

Don't like Mondays! Watch the VIX and look at gold stocks for capital growth- Holmes

Huge stock market volatility through fear of the economic future creates major investment opportunities among which gold stocks stand out as a possible major option    Wednesday , 10 Aug 2011

Aquarius Platinum says core profit rose 40%

The platinum producer said Thursday a strong rand outweighed higher prices for precious metals and, while EBITDA rose to $203.2m for the year, it reported a net loss on the back of a $159.8m impairment charge    Thursday , 11 Aug 2011

Gold Fields profits up 15%, below market expectations

With gold prices surging, analysts had hoped for a better showing from the world's fourth-largest gold digger, which announced a 15% increase in adjusted earnings per share    Thursday , 11 Aug 2011

North American Palladium reports Q2 profit

The precious metals firm said a 69% rise in palladium production during the period helped it to net income for the quarter of C$5.4m compared with a net loss a year earlier of C$11.8m    Thursday , 11 Aug 2011

Salzgitter raises 2011 guidance after strong H1 performance

Germany's second-largest steelmaker said first-half pretax profit grew more than forecast on the back of strong demand from car makers and its stake in copper producer Arubis.    Thursday , 11 Aug 2011

Work halted at AngloGold's Mponeng mine after fatality

AngloGold Ashanti said Thursday that it had halted operations at its Mponeng mine in South Afirca after a worker was killed in a seismic event    Thursday , 11 Aug 2011

Gold to hit $2,000 in 2012 - Deutsche Bank

The bank has maintained its $2,000 per ounce gold price target for 2012 but said there is a likelihood of even higher prices as the metal benefits from low interest rates in the US    Thursday , 11 Aug 2011

Higher gold prices boost Q2 profit for Semafo

The gold miner, which has operations in Guinea, Niger and Burkina Faso said surging gold prices helped offset lower gold production during the period    Thursday , 11 Aug 2011

Iamgold Q2 profit more than triples

The Canadian gold miner said the numbers were boosted by a growth in output and higher gold prices but lowered its full year production outlook and said it expected costs to increase.    Thursday , 11 Aug 2011

Gold and stock markets both rise, Fed "will push QE3 if necessary"

Today's London Gold Market Report from BullionVault sees stabilization in the gold and silver prices at current levels as markets digest yesterday's U.S. Fed statement on interest rates.    Wednesday , 10 Aug 2011

'Bull' market in gold or 'bear' market in currencies?

Today, you will hear that gold is rising to record highs. You will hear talk of it entering a 'bubble' again. This is entirely the wrong perspective! The rise in gold is largely a function of the devaluation of currencies.    Wednesday , 10 Aug 2011

Yesterday's Top Story: Acquisition and investor bargains in gold stocks to the fore

Hayward Securities analyst, Joe Mazumdar, believes that there are bargains to be had inthe gold sector, not just for investors but also for cashed-up producers    Wednesday , 10 Aug 2011

PODCASTS / RADIO                                                     

Gold stocks valuations in the current macro environment - Joe Mazumdar, Hayward Securities

A look at some of the factors behind the difference in valuations between gold stocks and gold bullions in the context of the significant macro economic turmoil

Gold's move above platinum - William Rhind, MD: ETF Securities

A look at the recent performance of gold in relation to platinum and the trends in precious metal ETFs

Copper likely to move higher over H2 2011 - Mohr

Scotia Capital's Patricia Mohr says, the decline in copper over the last week has actually been quite limited and expects another move up for the metal in the second half of the year.

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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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