Tuesday, September 13, 2011

MINEWEB.COM'S TOP STORIES: TD Securities increases 2012 gold forecast to $1,975/oz.

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FEATURED PODCAST                                                     

Rare earths and other critical metals - Lara Smith

A look at why critical metals are suddenly a hot topic and some of the challenges facing the sector.
 

TOP STORIES | Tuesday , 13 Sep 2011                                                     

TD Securities increases 2012 gold forecast to $1,975/oz.

Once investors are able to properly price risk, TD Securities Bart Melek says gold should move towards the $2,000/oz. mark "as it remains a great hedge."    Tuesday , 13 Sep 2011

Rainy River hits bonanza-grade gold in Ontario

As Rainy River's drilling program marches along at its better known targets in Ontario, new discoveries continue to show high-grade promise.    Monday , 12 Sep 2011

U.S. Senator Cantwell casts her net into anti-Pebble project political waters

Move over Bristol Bay salmon; U.S. Sen. Maria Cantwell is fishing for votes from Washington State's commercial and sport fisheries, urging the EPA to get tough on the Pebble Project.    Tuesday , 13 Sep 2011

Canaco surges on strong gold intercepts from Tanzania

On news of drilling results from its Handeni project in Tanzania, Canaco Resources was trading well-ahead of most junior explorers on an otherwise dreary day for Canadian markets.    Tuesday , 13 Sep 2011

Gold Standard talk - economies do better with sound money - Stansberry

Porter Stansberry reckons we should bring back the gold standard. Sooner or later people will tire of a paper monetary system and drive a return to gold. Interview with The Gold Report    Tuesday , 13 Sep 2011

High prices trip up gold & silver imports in India

While bullion imports jumped 130% in value terms for the five months from April to August, when one looks at the figures from July to August, a much softer picture emerges    Monday , 12 Sep 2011

Philippine mining investments for 2011 could reach $2.8 billion

A senior Philippine government official says new investments in the country's mining sector could reach $2.8 billion this year, twice the amount forecast earlier and the highest annual figure since 2005.    Tuesday , 13 Sep 2011

$12bn Posco deal enters final lap in India

It could soon be smooth sailing for Posco, which is struggling to start work on its proposed $12 billion project in Orissa, as the joint venture with India's largest steel producer moves into the final stretch.    Monday , 12 Sep 2011

Paladin draws from financing facility for Namibia mine expansion

Australia-based Paladin Energy has drawn $127 million from a financing facility to reimburse costs from the expansion at its Langer Heinrich project in Namibia.    Tuesday , 13 Sep 2011

Vale finds common ground with Thompson nickel mineworkers

Without disclosing details of the agreement, Brazil's mining group Vale reports that it has reached a tentative labour agreement with a union representing workers at its Thompson nickel mine.    Tuesday , 13 Sep 2011

Leading Chinese steelmaker to lift October prices

Top listed steelmaker, Baoshan Iron & Steel, says it will raise its main steel product prices for next month's bookings, after leading its peers in price increases for September bookings.    Tuesday , 13 Sep 2011

Australian regulator launches insider-trading probe into China's Hanlong

Australia's corporate watchdog has started an insider-trading probe into some Hanlong Mining executives triggering a selloff in the shares of the two miners that are subject to a takeover by the Chinese firm.    Tuesday , 13 Sep 2011

Copper rises 0.8% on LME on hopes on China buying Italian bonds

Following reports on Tuesday that China could offer debt-ridden Italy a lifeline by buying its bonds, London copper prices rose 0.8%, after the metal was dragged to a one-month low in the previous session.    Tuesday , 13 Sep 2011

Gold Fields' Tarkwa gold mine CIL plant expansion contract awarded

Gold Fields' flagship Ghanaian operation at Tarkwa, which produces over 700,000 ounces of gold annually, has awarded MDM Engineering Group a contract for the expansion of its CIL crushing plant.    Monday , 12 Sep 2011

Large-scale Russian iron ore pelletizing plant contract awarded

Outotec has been awarded a contract to provide basic and detailed engineering, process technology, procurement services as well as the entire process and plant equipment supplies for what will be Russia's largest iron ore pelletizing plant.    Monday , 12 Sep 2011

Yesterday's Top Story: Goldrunner: Predicting a gold and silver tsunami - Technical analysis

An interpretation of fractal technical analysis charts for precious metals suggests a significant breakout may be imminent for gold and silver bullion and stocks with leverage returning to the latter with a vengeance    Monday , 12 Sep 2011

PODCASTS / RADIO                                                     

Volatility, the retail market and gold at $2,000 - Ross Norman

Gold has been pretty volatile of late and it has risen six fold since from its lows but, for Sharps Pixley CEO, Ross Norman, the yellow metal is still within the realms of fair value

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

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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

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