Thursday, August 18, 2011

MINEWEB.COM'S TOP STORIES: Technology Metals Research identifies most viable critical rare earths projects

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TOP STORIES | Thursday , 18 Aug 2011                                                     

Technology Metals Research identifies most viable critical rare earths projects

A Technology Metals Research report asserts the vast majority of rare earths projects will never have properly developed mineral-resource estimates, let alone become profitable mining ventures.    Thursday , 18 Aug 2011

Chavez to nationalise Venezuelan gold sector

Venezuela's President has said he plans to nationalise the country's gold industry, and will use the output from the mines to boost the country's international reserves. Also to repatriate country's gold reserves held overseas.    Wednesday , 17 Aug 2011

Questions raised about Venezuela's plans to move international reserves to political allies

Analysts say a decision by Venezuela's president, Hugo Chavez to move its international reserves from Western countries could hurt market confidence in the country's ability to repay its debt    Thursday , 18 Aug 2011

Former mining CEO Kuhn now international fugitive under U.S. indictment

Despite the criminal indictment of its former CEO, a reorganized French Gulch (Nevada) Mining is rehabilitating and rebuilding its French Gulch property in California, hoping to resume mining this year.    Thursday , 18 Aug 2011

Rich platinum deposits found in India

The Geological Survey of India in collaboration with the Orissa Mining Corporation has found a rich PGM deposit at the Baula-Nuasahi complex in Orissa.    Wednesday , 17 Aug 2011

Cardero eyes first scoping study of BC met coal project

Cardero Creek is forging ahead with exploration at its recently acquired coal asset in B.C. in the hopes of proving the potential to produce metallurgical coal, and soon.    Thursday , 18 Aug 2011

Claude hits 528.1 g/t gold at Seabee gold mine

Claude Resources shares jumped on the news that it could mine high-grade gold from a freshly discovered structure at its Seabee mine next year.    Wednesday , 17 Aug 2011

NZ Government finally acts on inadequate mine inspection

Following from the Pike River mine disaster, which took the lives of 29 miners, the New Zealand government has announced the establishment of a High Hazards unit    Wednesday , 17 Aug 2011

Gold miner minting its own gold and silver coins - looking to pay dividends in kind!

Maverick U.S. based gold miner, Gold Resource Corporation, with operations in Mexico, has announced it is minting its own gold and silver coins and holding part of its treasury in precious metals.    Wednesday , 17 Aug 2011

World Gold Council expects gold demand to shrug off Q2 dip

According to the group's quarterly demand trends report, gold buying in Asia is expected to continue to boost demand while interest in its safe haven qualities is expected to grow.    Thursday , 18 Aug 2011

Gold may be due 8-15% correction but demand patterns have changed - Holmes

Everyone is running to gold, says Frank Holmes: A growing world population continues to stock up on the honeyed metal. He explains where our love-hate relationship with gold is headed.    Thursday , 18 Aug 2011

JFE to boost annual tin plate production capacity 47% - Nikkei

According to the Nikkei business daily, the steelmaker said it will grow annual production capacity for tin plate to 4.4m tons by 2020; it will consider upgrading existing plants and the construction of new facilities.    Thursday , 18 Aug 2011

Collahuasi union threatens one-day stoppage

The labour union active at Chile's Collahuasi mine threatened to down tools on September 2 if the mine's operator does not rehire workers fired after a previous disruption by August 31.    Thursday , 18 Aug 2011

DRC minister denies copper mines stake sale report

The Democratic Republic of Congo's minister of mines denied a wire report that the country has sold its share in the Frontier and Lonshi copper mines, formerly owned by First Quantum.    Thursday , 18 Aug 2011

China considering closure of small recycled lead plants

According to a draft policy document, the Asian giant is planning to increase controls on production of recycled lead and hopes to, by 2013, phase out plants that produce less than 30,000 tonnes annually.    Thursday , 18 Aug 2011

Hormone deficiency in Euro boosts gold yet again

Julian Phillips' Daily Gold and silver Market Report sees further Eurozone indecisiveness triggering further advances in the gold price and a hint that silver may be beginning, at last, to move up too.    Wednesday , 17 Aug 2011

Yesterday's Top Story: Silver prices likely to follow gold's lead - analysts

Silver's demand as a safe haven investment remains intact with investors in India holding on to the white metal, as slow growth coupled with the ongoing debt issues in the US and the Euro zone support demand.    Tuesday , 16 Aug 2011

PODCASTS / RADIO                                                     

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

Silver Wheaton and the prospects for the silver market - Randy Smallwood, Silver Wheaton's President & CEO

A look at some of the reasons behind the strong performance by the silver royalty company and a view on what one can expect from the silver market going forward

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

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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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