Monday, August 29, 2011

MINEWEB.COM'S TOP STORIES: U.S. exchanges will trade Monday despite Hurricane Irene flooding, damage

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TOP STORIES | Monday , 29 Aug 2011                                                     

U.S. exchanges will trade Monday despite Hurricane Irene flooding, damage

Twenty-three people were killed in eight states as Hurricane Irene left more than 4 million people without power Sunday and massive record flooding continues. Clean up is expected to take weeks.    Monday , 29 Aug 2011

Peru's mines ministry reports July gold output up, silver, copper, zinc yield down

Cumulative production for the first seven months of 2011 rose substantially for iron ore as output of nearly every other major metal declined Peru's Ministry of Energy & Mines reports.    Monday , 29 Aug 2011

OceanaGold aspires to produce 600,000 oz annually from 2016

New Zealand's largest gold producer is hoping, through organic growth from its operations in New Zealand and its exploration holdings in the Philippines, to produce 600,000 ounces per year by 2016    Monday , 29 Aug 2011

How to pick gold stocks - Holmes

As the valuation gap between bullion and gold stocks grows, making miners of the yellow metal increasingly attractive, US Global's Frank Holmes suggests all miners aren't created equal    Monday , 29 Aug 2011

Market looks strong but NZ must "showcase" its potential

To make mining more relevant to the New Zealand economy, the country needs to lift national exploration for minerals to about NZ$100 million per annum, according to Tony Haworth.    Monday , 29 Aug 2011

Gold, silver stocks present great opportunities – Chen Lin

For investors with long-term vision, gold and silver stocks offer significant opportunities, Chen Lin says, because a good time to buy is when everyone else is selling. A Gold Report Interview    Sunday , 28 Aug 2011

A lack of skills and resource nationalism remain the mining sector's two biggest risks

The sector faces a challenging future as the baby boomer generation heads into retirement and countries look to take more and more from miners in the form of royalties and taxes.    Saturday , 27 Aug 2011

Trelawney sweetens Augen offer, gets post-resignation board support

Augen Gold and Trelawney Mining and Exploration announced they signed a support agreement on a revised takeover bid from the latter just hours after Augen said its president and CEO had resigned.    Saturday , 27 Aug 2011

Gold: Is a deep correction due?

If judged by the criteria of six years ago, Julian Phillips argues, then one could argue that it should be time to sell but, change has come to the gold market and things are not what they were.    Friday , 26 Aug 2011

Accept C$520M bid for Hathor to avoid 'risky venture' - Cameco's Gitzel argues

Uranium major Cameco launched an unfriendly takeover bid for Hathor Exploration, a junior with a sweet uranium deposit in Saskatchewan.    Friday , 26 Aug 2011

Gold production in China set to climb over 10%

While China's demand for gold is expected to surge to around 25% of global production, the world's largest producer is also ensuring a huge domestic stockpile of the precious metal.    Friday , 26 Aug 2011

Coal mines in India, China face closure

While industrial growth in China and India has led to an insatiable quest for resources, companies from the two countries face increasingly tough environmental considerations and diminishing resources    Friday , 26 Aug 2011

DRDGold announces FY headline earnings more than doubled

The South African gold miner said higher output and surging gold prices helped it increase headline earnings 115% to 28c per share over the year to June    Monday , 29 Aug 2011

Mexican coal mine collapse kills four

According to a senior government official, four miners were killed on Friday when a coal mine in the country's northern state of Coahuila collapsed.    Monday , 29 Aug 2011

Australian gold production jumps 10% in 2011/2012 financial year

A bid to extract as much value as possible from record high gold prices pushed the industry to boost gold production by 24 tonnes to 270 tonnes for the 2011/2012 financial year    Monday , 29 Aug 2011

Tiger Realm Coal slips on volatile debut

The Australian coal explorer that listed on Monday had a choppy first day, rising 20% before falling as much as 13% below its issue price    Monday , 29 Aug 2011

Credit Suisse completes first coking coal swap transaction

The investment bank said Monday the transaction involved 60,000 tonnes of the steel-making ingredient and was completed using a new over the counter system cleared by the CME Group    Monday , 29 Aug 2011

Weekend Top Story: 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

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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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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