Thursday, September 22, 2011

MINEWEB.COM'S TOP STORIES: Rare earths shortages could exacerbate U.S. foreign policy risks, Congress told

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TOP STORIES | Thursday , 22 Sep 2011                                                     

Rare earths shortages could exacerbate U.S. foreign policy risks, Congress told

U.S. rare earth reserves are economical to mine, which can help ease foreign policy challenges concerning rare earths, while creating U.S. jobs, says the Center for a New American Security.    Thursday , 22 Sep 2011

Short-selling from the dark: Who is behind damaging Silvercorp reports?

Most recently hitting Silvercorp, a spokesperson for Alfredlittle.com goes so far as to say Chinese investigators have risked being kidnapped in China in making short-selling cases that it publishes on its website.    Wednesday , 21 Sep 2011

Freeport says Grasberg strike means it won't meet 3Q production guidance

Freeport-McMoRan says it is losing millions of pounds in copper and thousands of ounces of gold daily to the Grasberg strike.    Thursday , 22 Sep 2011

Long term factors still favouring gold - Lundin

Austerity programmes across Europe, continued debt problems in the US and further political uncertainty all point to a continued uptrend in gold prices, says Brien Lundin. A Gold Report Interview    Thursday , 22 Sep 2011

Tata unveils $4.6m gold-plated wonder car in India

India's Tata group set a new gold standard for cars to help showcase 5,000 years of Indian jewellery-making and India's craze for gold with a fully functional gold-plated Nano    Wednesday , 21 Sep 2011

Minotaur Exploration, CSIRO to test in-situ gold extraction in South Australia

A gold discovery that sparked the gold rush to South Australia's Gawler Craton in 1997 will be used for a new process developed by the CSIRO to extract gold without mining.    Wednesday , 21 Sep 2011

China base metals demand growth exceeds GDP

Speaking on the sidelines of a China Metal Forum in Stockholm, the president of China Non-ferrous Techno-Economic Research Institute said on Wednesday that the country's base metals demand is about 10% higher than the GDP growth rate.    Thursday , 22 Sep 2011

Antioquia hits more high-grade gold in Colombia

As it mulls over a production decision at its Cisneros project in Colombia, Antioquia Gold reports strong gold intercepts from a slew of drillholes.    Wednesday , 21 Sep 2011

India's NMDC to buy 50% stake in Australia's Legacy

The Indian firm has agreed to spend almost A$19 million to acquire a 50% stake in Australian iron ore and gold explorer Legacy Iron Ore.    Thursday , 22 Sep 2011

Gran Colombia Gold cuts jobs at Segovia

In a move to cut costs, Toronto-based Gran Colombia Gold has laid off 603 workers at its Segovia operations, bringing the number of employees down to about 825.    Thursday , 22 Sep 2011

Alcoa to reorganise midstream businesses

Aluminium producer Alcoa has announced plans to reorganise its midstream Global Rolled Products businesses to tap growth opportunity in emerging markets.    Thursday , 22 Sep 2011

Yukon-Nevada's Burns Basin mine to start late 2012

Canadian gold miner Yukon-Nevada Gold Corp says it expects to start mining at the Burns Basin mine in Nevada in late 2012, following the board's approval of construction work at the mine.    Thursday , 22 Sep 2011

Will Rathvon named new ANZ global natural resources head

Formerly with HSBC, 30 year veteran of the resources sector, Will Rathvon, will now head ANZ's natural resources division globally in a bid to expand the business.    Thursday , 22 Sep 2011

Ex South African miners sue Anglo American in UK

More than 450 former mine workers have launched court proceedings against Anglo American in London, the latest in a wave of lawsuits and compensation claims over lung disease that could cost the gold industry billions.    Wednesday , 21 Sep 2011

MacroAsia sees early 2012 start for Philippine nickel mine

The diversified Philippine firm says production at its Infanta nickel mine in the southwestern Palawan province can start as early as next year, with all of the output likely to be sold to China.    Wednesday , 21 Sep 2011

Gold Fields could invest as much as $2bn in Philippines gold, copper prospect - govt

According to a Philippines government official the miner could invest as much as $2bn to develop a gold and copper prospect in the region; the company, however, says it is too early for such estimates    Wednesday , 21 Sep 2011

Yesterday's Top Story: Is copper heading for a fall?

While expectations of a deep supply deficit in the copper market led by strong demand from China have buoyed prices in the first half of the year, the reality of the situation doesn't bode quite as well.    Tuesday , 20 Sep 2011

PODCASTS / RADIO                                                     

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

Mine supply and the gold bubble myth - Paul Walker

While increased mine supply is likely to cause problems for the gold sector longer term, Thompson Reuters GFMS MD Paul Walker does not believe the metal is in bubble territory

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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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