Tuesday, September 27, 2011

MINEWEB.COM'S TOP STORIES: Ivanhoe stands firm on Oyu Tolgoi project agreement ownership split

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FEATURED PODCAST                                                     

Copper's sustainable price between $8,00 and $8,500 - Standard Bank

A strong sell off across the commodities complex has pushed copper prices down significantly but, Standard Bank's Walter de Wet says, fundamentals remain positive for the metal
 

TOP STORIES | Tuesday , 27 Sep 2011                                                     

Ivanhoe stands firm on Oyu Tolgoi project agreement ownership split

Ivanhoe Mines won't consent to demands by Mongolian politicians that the government should own half of the massive Oyu Tolgoi project.    Tuesday , 27 Sep 2011

Detour Gold to acquire Trade Winds in C$84m deal

Detour Gold is gobbling up its neighbour, Trade Winds Ventures, to gain unfettered access to assets, part of which it already owned, that include nearly 3 million ounces gold.    Monday , 26 Sep 2011

Markets in rare territory after last week's moves - Holmes

Investors are still reeling from the waves of selling that hit markets last week and have continued this week and, while dangers still lurk, the potential for extreme price reversals exists as well    Monday , 26 Sep 2011

Coal states accuse Obama Administration of killing Appalachian coal mining

Officials from Appalachian coal mining states say the Obama Administration is fast-tracking changes in the Clean Water Act to advance an anti-coal mining agenda, which may cost thousands of jobs.    Tuesday , 27 Sep 2011

Long term gold stock investment - David Christensen

David Christensen, head of ASA Gold and Precious Metals Limited-one of the world's oldest and largest closed-end precious metal funds-sees opportunities emerging, especially among the majors. Gold Report interview.    Monday , 26 Sep 2011

Mints can't keep up with silver coin and bar demand

The president of precious metals dealer Dillon Gage points to record demand this year for silver coins and bars and still sees the possibility of $50 silver in 2011 and is optimistic for 2012.    Tuesday , 27 Sep 2011

Chile mines escape unscathed from power blackout

The massive power blackout on Saturday, caused by a substation failure and compounded by a computer software error, had little impact on Chile's mining sector, but remains a concern as future outages are expected.    Tuesday , 27 Sep 2011

Empire to drill new copper-gold anomaly in Turkey

Following a series of geological clues, Empire Mining thinks it has found the base to its Main zone, where drilling has returned strong copper-gold mineralization.    Monday , 26 Sep 2011

Victoria's Ballarat field pours its first modern gold bar

A gold bar of 260 ounces poured today marked an important revival of production at Ballarat, Victoria's second largest historic mining centre, after more than two decades of attempts to revive mining there.    Monday , 26 Sep 2011

Why gold and silver crashed and how soon will they recover?

Gold and silver investment parameters have changed since the last big crash in 2008. This suggests that any recovery from a fall will be far quicker for both precious metals.    Monday , 26 Sep 2011

Newcastle furnace failure costs R1.1 bln - ArcelorMittal SA

The company said on Monday a furnace failure at its Newcastle plant, which is being repaired and is scheduled for recommissioning in early December, will cost R1.1bn.    Tuesday , 27 Sep 2011

Mali's top gold mine to capitalise on record high prices

Record high gold prices will allow Mali and its partners to continue producing ore at the Sadiola gold mine until 2020, seven years beyond its initial closure date, the government said on Monday.    Tuesday , 27 Sep 2011

Key Indonesian smelters to ban tin ingot exports from Oct.1

Smelter owners in Indonesia's main tin-producing region of Bangka island have agreed to ban tin ingot exports from Oct. 1 and will only resume if prices rise above $25,000.    Tuesday , 27 Sep 2011

ArcelorMittal SA ends talks on disputed BEE deal

The steelmaker has reported it will not proceed with its plan to sell 26% of its shares to black investors, as the company's shareholders feel the deal lacks transparency and favours political elites.    Tuesday , 27 Sep 2011

Takeover talks still going well - Bannerman Resources

The Australian company says talks with Sichuan Hanlong Group over its July takeover bid are still on and well progressed, despite investigations into Hanlong by Australian regulators.    Tuesday , 27 Sep 2011

Finland's Talvivaara promises to clean water better

The miner said on Monday there were higher levels of nitrate, sulphite and manganese coming out of its plant in northern Finland than previously expected, which it promised to clean better.    Monday , 26 Sep 2011

AngloGold aims for 5.5 mln oz in 2014

World's third largest gold producer, AngloGold Ashanti, is aiming to lift output to 5.5 million ounces by 2014 from a forecast 4.45 million ounces this year.    Monday , 26 Sep 2011

Get real, gold is only back to August levels

A quick look at what is happening in the markets shows that although the fall in the gold price tends to hit the headlines it is not nearly so bad as that in other commodities, or the stock market in general.    Monday , 26 Sep 2011

Yesterday's Top Story: Gold: Too fast too soon but fundamentals still very positive

Jeff Nichols warned that the summer runup in the gold price was too far too fast and predicted a big fall but still feels that fundamentals support much higher prices ahead.    Sunday , 25 Sep 2011

PODCASTS / RADIO                                                     

Market turmoil falling copper prices and why gold is likely to have a tough 6 months - Gartman

The Author of the Gartman Letter, Dennis Gartman looks at why markets fell so hard toward the end of last week and what it could mean for commodities prices

Undervalued stocks and a dearth of bears at this year's Denver Gold Forum - Tim Wood

The Denver Gold Group's Executive Director, Tim Wood takes us through some of the major talking points at this year's forum and looks at why there are no bears in sight

Downside risks looming for copper - VM Group

A growth in mine supply, in the wake of further potential economic weakness in the West and uncertainty around the state of China's stock piles all point to a rising downside risk for the metal

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Europe

Lawrie Williams, London
Geoff Candy, Groningen

Americas

Dorothy Kosich, Reno
Kip Keen, Halifax, NS

Asia and Australasia

Shivom Seth, Mumbai
Ross Louthean, Perth
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