Thursday, September 29, 2011

MINEWEB.COM'S TOP STORIES: Peru's President Humala signs mining taxation, royalties bills into law

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FEATURED PODCAST                                                     

Gold's recent sell-off and what to look out for over the next few months - Christian

CPM Group MD, Jeff Christian, takes a look at some of the reasons behind gold's recent sell off and looks at some of the factors that could impact on the price going forward
 

TOP STORIES | Thursday , 29 Sep 2011                                                     

Peru's President Humala signs mining taxation, royalties bills into law

Peruvian President Ollanta Humala said newly enacted increases in mining taxes and royalties will generate revenue for jobs and new infrastructure in the poorest regions of Peru.    Thursday , 29 Sep 2011

Yukon's Golden Predator likes the look of Bear Paw

Drilling results from two gold zones within Golden Predator's Clear Creek property in the Yukon continue to impress with numerous broad, near-to-surface intercepts    Wednesday , 28 Sep 2011

Haywood forecasts US$38/oz near-term silver price, $20/oz long term

Haywood Securities views investment demand as a key driver of a currently volatile silver price, influenced by global economic problems which will take several years to resolve.    Thursday , 29 Sep 2011

Temex hits more high-grade gold near Timmins

Follow-up drilling results are looking good for Temex Resources, with a batch of high-grade gold intercepts expanding mineralization in the Broulan Reef area of its Whitney joint-venture property.    Wednesday , 28 Sep 2011

Kyrgyz government to mortgage Centerra Gold stake to raise money

Kyrgyztan on Wednesday revised a proposal to raise long term cash against its stake in Centerra Gold, operator of the gold mine that accounts for one tenth of Kyrgyz GDP    Thursday , 29 Sep 2011

Victoria hopes to break its image of golden shackles

The Australian state of Victoria is looking to some base metal developments to broaden its mineral developments as a result of the build-up in exploration and the provision of more sophisticated geological data.    Wednesday , 28 Sep 2011

Gold and silver fall overdone but are they on the way back?

The recent plunges in the gold and silver price for whatever reasoning one puts behind them would seem to have been hugely overdone but, reality suggests the falls will be shortlived.    Wednesday , 28 Sep 2011

AngloGold to invest $250 mln a year in Brazil through 2016

World No. 3 gold producer, AngloGold Ashanti, has announced plans to invest $250 million each year through 2016 to raise its Brazilian output from 420,000 oz/y to 700,000 oz/y.    Thursday , 29 Sep 2011

Gold, copper top Simon Tonkin's commodities list

Gold remained at the top of Australia's favoured investment commodity list, while copper is also a key recommendation for the senior resources analyst for Australian stockbroking firm Pattersons Securities.    Wednesday , 28 Sep 2011

Fortescue, Forrest win right of appeal in disclosure case

The Australian iron ore producer and its founder won the right to appeal a conviction for misleading investors, in a case that has been ongoing for six years    Thursday , 29 Sep 2011

Banro's Twangiza gold mine to start in October

Canadian gold mining company Banro will start gold production at its Twangiza mine in the Democratic Republic of Congo on October 10, targeting an output of 120,000 oz/y by January.    Thursday , 29 Sep 2011

How to explain gold investment to your financial advisor

"You wanna do what? Make a gold investment? At these prices...?!" - Gold is still not perceived as a safe investment by many of those who manage our money.    Thursday , 29 Sep 2011

Peru govt. to intervene in Southern Copper's water licence dispute

Prime Minister Salomon Lerner said on Wednesday the national government will establish formal talks between Southern Copper and the Tacna region to solve a dispute over scarce water supplies.    Thursday , 29 Sep 2011

ENRC ends long-awaited governance review; CEO and chairman stay on

London-listed miner ENRC has ended its long-awaited governance review, confirming both the chairman and CEO in their roles as part of a trimmer board that it hopes will revive its underperforming shares.    Thursday , 29 Sep 2011

US/Canada aluminium shipments fall 1.6% in July

The Aluminium Association reported on Wednesday that demand for U.S. and Canadian aluminium products fell 1.6% in July from a year earlier, and slid 8.2 percent from June.    Thursday , 29 Sep 2011

Namibia court declares Rossing mine strike illegal

A Namibian court has declared the ongoing wage-related strike at Rio Tinto's Rossing uranium mine illegal, the company said on Wednesday.    Thursday , 29 Sep 2011

Japan on track for record net gold exports

Japan is set to become a net gold exporter for the sixth consecutive year in 2011, as long as households remain sellers as the gold price rallies, analysts said.    Thursday , 29 Sep 2011

Yesterday's Top Story: Tumbling silver prices prompt U.S. Mint suspension of silver coins

Volatility in precious metals markets prompted the U.S. Mint to temporarily suspend a number of silver numismatic products. Bullion coin sales remain unaffected.    Wednesday , 28 Sep 2011

PODCASTS / RADIO                                                     

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

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

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Lawrie Williams, London
Geoff Candy, Groningen

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