Friday, September 9, 2011

MINEWEB.COM'S TOP STORIES: Mining's ups and downs driving Canada's Northern economies

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TOP STORIES | Friday , 09 Sep 2011                                                     

Mining's ups and downs driving Canada's Northern economies

Nunavut and Yukon will experience strong economic growth this year, thanks to mining, but the Northwest Territories' mining sector is creeping along, says a new Conference Board of Canada report.    Friday , 09 Sep 2011

RCMP meets with Silvercorp Metals about share-shocking letter

The Royal Canadian Mounted Police (RCMP) has joined the hunt for more information about the identity of a hard-hitting but anonymous short seller who according to Silvercorp made false claims in a letter.    Friday , 09 Sep 2011

The ever-strengthening case for gold and silver investment

Day by day, the case for holding gold and silver seems to get stronger as global economies remain mired in recession and the centre of precious metals demand moves ever eastwards.    Friday , 09 Sep 2011

Congressional Western Caucus report calls on Obama to strengthen U.S. mining

As President Barrack Obama preached the gospel of job creation to the U.S. Congress, Republican senators and representatives say Obama needs to break down barriers to western jobs.    Friday , 09 Sep 2011

Tsunami-battered steel town now faces a bigger challenge - age

The March 11 tsunami has put the very survival of the Japanese steel town of Kamaishi at stake as it fights age and industrialisation    Friday , 09 Sep 2011

Erdene dials into new polymetallic discovery in Mongolia

A Halifax-based junior with a long history in Mongolia, Erdene Resource Development, is turning its attention - and drilling - to a new gold-polymetallic discovery in the land of Genghis Khan.    Thursday , 08 Sep 2011

China Confirms Gold Price Suppression

Julian Phillips takes a look through history and sees some evidence to China's claims, recently broadcast on Wikileaks, that the US and Europe have engaged in gold price supression.    Thursday , 08 Sep 2011

Indian gold investors moving from bangles to bars

While demand for gold in India remains unmatched, younger generations seem more interested in the metal as a pure investment rather than adornment    Thursday , 08 Sep 2011

Aluminium demand to remain robust- Rusal

Russia's aluminium group Rusal expects global demand for the metal to remain firm and grow by 10% both this year and in 2012, despite economic woes in the West.    Friday , 09 Sep 2011

Gabriel contemplates lower cyanide level at Romanian gold mine

Canada's Gabriel Resources says it could lower the cyanide levels of the long-delayed opencast mine in Rosia Montana, Romania, as it seeks to secure a key environmental permit.    Friday , 09 Sep 2011

Major Drilling to acquire privately held Bradley Group

New Brunswick-based Major Drilling says it will acquire its rival for C$80 million, a move that will see the company raise its drilling services profile in Eastern Canada.    Friday , 09 Sep 2011

Reduced iron ore sales pull back key indexes; Chinese buying drops

Global iron ore indexes have been hit by slower demand for the key steelmaking ingredient, as Chinese steelmakers are reluctant to buy amid rapidly raising prices.    Friday , 09 Sep 2011

Vietnam to produce first alumina in November - Vinacomin

After several delays, Vietnam's Tan Rai aluminium refinery will begin production in November this year, selling an expected 50,000 tonnes directly to clients without any tenders.    Friday , 09 Sep 2011

Nickel to average between $24,000/t and $25,000/t next year - Aperam

Stainless steel maker Aperam's purchasing head sees nickel above $20,000 per tonne by the end of the year and to average between $24,000 and $25,000 in 2012.    Thursday , 08 Sep 2011

Venezuela's state gold miner targets 1.2 tonnes in 2011

State-owned gold miner Minerven expects its production to hit 1.2 tonnes this year, rising to 4.5 tonnes in 2012, as the company prepares to take a central role in the nationalization of the sector.    Thursday , 08 Sep 2011

Kensington Gold Mine worker killed in accident

According to a spokesman from Coeur d'Alene Mines, which owns the Alaskan mine, the worker was underground at the time of the fatal mishap but, gave no other details    Thursday , 08 Sep 2011

Tavan Tolgoi mining rights bid process continues

Mongolian state-owned miner Erdenes-Tavan Tolgoi reports that all 15 companies bidding for mining rights at the large-scale Tavan Tolgoi coal deposit are still in the running.    Thursday , 08 Sep 2011

Yesterday's Top Story: Who is actually buying copper?

The ever larger involvement of financial institutions in the copper market is destroying the delicate balance between supply and actual demand, Simon Hunt says, and will lead to significant falls in the metal's price    Thursday , 08 Sep 2011

PODCASTS / RADIO                                                     

Central bank gold buying and China's role in the gold market - Julian Phillips

A look at the implications of the Wikileaks cables indicating China's intention for gold and the continued buying of the yellow metal by central banks

Platinum's supply and demand fundamentals in the current environment - Johnson Matthey

A look at the factors currently influencing supply and demand in the PGM sector with Johnson Matthey publications manager Jonathan Butler

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

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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

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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