Thursday, September 1, 2011

MINEWEB.COM'S TOP STORIES: Mining company debt at all-time low; cash flow, profitability at all-time high-E&Y

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TOP STORIES | Thursday , 01 Sep 2011                                                     

Mining company debt at all-time low; cash flow, profitability at all-time high-E&Y

In the first half of this year, mining and metals companies completed 19 megadeals in excess of US$1 billion, twice as many as during the same period last year, while IPO volume increased 30% over the same period    Thursday , 01 Sep 2011

Nautilus to raise $100m, fully-funding offshore mining project

Bringing on a significant new investor, Nautilus Minerals says it has enough cash to pay for offshore development of its Solwara 1 seafloor mining project    Thursday , 01 Sep 2011

Cameco signs MOU to increase Inkai JV uranium production to 5.2m pounds

Located in a remote part of south central Kazakhstan, the Inkai JV plays a crucial role in Cameco's goal to double its uranium production in 2018.    Thursday , 01 Sep 2011

Minera IRL to head underground at Ollachea gold project in Peru

Minera IRL is betting on eastern extensions of its Minapampa gold deposits with plans to build a 1.2 kilometre tunnel to explore previously inaccessible drilling areas.    Wednesday , 31 Aug 2011

Global iron-ore demand to almost double by 2019 - Rio Tinto

The diversified miner forecasts that the iron-ore market will require an additional 100 million tonnes each year for the next eight years to meet demand growth projections in steel making.    Thursday , 01 Sep 2011

Northgate bid adds risk to AuRico makeover - Analysts

The hefty premium attached to AuRico Gold's bid for Northgate Minerals has some analysts worried about the group that has been making good strides towards transformation, but it could payoff handsomely    Thursday , 01 Sep 2011

Long term, iron ore, copper looking good - Rodney Cooper

Dundee Wealth Economics, senior mining analyst, Rodney Cooper, is rather bullish on the longer term outlook for copper and iron ore, despite a belief that growth in China is likely to moderate. A Gold Report interview    Thursday , 01 Sep 2011

Spot iron-ore prices gain more ground

Global miners likely to keep spot iron-ore prices steady in the fourth quarter, on the back of anticipated rise in demand during the upcoming peak season    Thursday , 01 Sep 2011

Takeover by Endeavour Mining to be completed by early November - Adamus

The friendly takeover of the Australian miner by Canada's Endeavour will create a West African-focused miner with annual gold production of 250,000 ounces    Thursday , 01 Sep 2011

Macarthur allowed to delay formal response to takeover bid - Regulator

Australia's securities regulator has given Macarthur Coal permission to delay the release of its formal response to the takeover bid from Peabody Energy and ArcelorMittal by a week after it agreed to a sweetened offer    Thursday , 01 Sep 2011

Canadian arctic in need of bold geologists

Home to mineral riches, the gigantic deserted Canadian Arctic territory of Nunavut, faces significant labour shortages.    Wednesday , 31 Aug 2011

Sichuan Hongda to complete new molybdenum/copper refiner by 2015

The Chinese zinc and lead producer announced plans on Wednesday to build a $1.64bn molybdenum/ copper refiner with an expected annual production capacity of 400,000 tonnes of copper cathode    Wednesday , 31 Aug 2011

Ex BHP CFO joins Rio Tinto board

Chris Lynch, a former CFO at BHP Billiton who has also headed the miner's carbon steel materials division will join Rio Tinto's board; Lynch is currently CEO at Transurban Group    Thursday , 01 Sep 2011

Yesterday's Top Story: Corruption, Murder, Sex - and other tales of a Mexican barite mine

Did a Calgary mining company subsidiary bribe a Mexican mayor, then seek congressional intervention when the official's demands became too outrageous? The RCMP is investigating.    Wednesday , 31 Aug 2011

PODCASTS / RADIO                                                     

Fiscal policy, and the end of gold's correction - Murenbeeld

Dundee Wealth Economics cheif economist, Martin Murenbeeld, takes a look at the possibility of a bank collapse in Europe, fiscal policy going forward and why a return to a gold standard is unlikely

The danger of financialisation and substitution in the copper market - Simon Hunt

A look at how the copper market is placed given the likelihood of a return to recession in the West and concerns around inflation in China

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

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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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ENGINE ROOM

Editorial

Europe

Lawrie Williams, London
Geoff Candy, Groningen

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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