| | | | Franco Nevada Chairman, Pierre Lassonde, looks at the macro economic reasons why gold is still likely to go higher, the financialisation of the market and the state of exploration | | | | | | TOP STORIES | Wednesday , 12 Oct 2011 | | Although Agnico-Eagle achieved record gold production for the first nine months of this year, Scotia Capital suggests the company may have an uphill climb to achieve its 2011 production guidance. Wednesday , 12 Oct 2011 | | In a conference call with analysts and investors, B2Gold President and CEO Clive Johnson outlines a future for Auryx's Otjikoto gold project in Namibia as its next operating mine. Wednesday , 12 Oct 2011 | | The rare earth sector has seen astronomical gains in recent years. In this Critical Metals Report article Chris Berry argues that a "Great Reset" is changing the face of the sector, rewarding explorers far more selectively. Wednesday , 12 Oct 2011 | | As part of a June settlement to clean up historic mining contamination at the Bunker Hill Superfund site, Hecla Mining has made a record partial payment to the U.S. Government. Wednesday , 12 Oct 2011 | | While Extorre Gold Mines racks up more high grade silver-gold intercepts at its Cerro Moro project as it moves to update resources, drills continue to turn in the hunt for more precious metals. Tuesday , 11 Oct 2011 | | The aluminium miner's third-quarter profit and sales slipped on the wake of an economic slowdown that knocked demand and prices for the metal. Wednesday , 12 Oct 2011 | | The Democratic Republic of Congo has enormous resource riches including huge mining and hydro-electric potential and enormous natural resources, but there are also alarming trends apparent - particularly in environmental degradation. Wednesday , 12 Oct 2011 | | The luxury goods market globally had sales of $250bn in 2010, and analysts say China and India's portion of that is set to grow, with India focusing on jewellery. Tuesday , 11 Oct 2011 | | Freeport reported on Wednesday that copper production at its Grasberg mine in Indonesia peaked at over 4,000 t/d in October despite the worker strike that started in September. Wednesday , 12 Oct 2011 | | BHP Billiton has preapproved $1.2 billion to start the initial expansion works at its Olympic Dam mine, subject to parliamentary approval of a binding agreement with South Australia. Wednesday , 12 Oct 2011 | | Bolivian President Evo Morales signed a bill into law on Tuesday that will allow the country's central bank to buy gold from local miners at global prices to boost its reserves. Wednesday , 12 Oct 2011 | | Global miner BHP Billiton, expected to make a final investment decision on the Olympic Dam mine expansion, has agreed to pay South Australia a 5% royalty for uranium and 3.5% for other metals. Wednesday , 12 Oct 2011 | | First Uranium's second-quarter gold sales rose 17.7% to 40,529 oz while uranium was up 76.8% in the same period, despite issues at both its projects in South Africa. Wednesday , 12 Oct 2011 | | New York and Toronto-listed Banro Corp's Twangiza mine in eastern DRC delivered first gold on Tuesday and is planned to yield more than 1 million gold ounces from oxide deposits over seven years. Wednesday , 12 Oct 2011 | | The uranium miner was placed on trading halt on Wednesday pending an announcement regarding a capital raising for its troubled waste disposal operations in Australia's tropical north. Wednesday , 12 Oct 2011 | | Peruvian government officials say Freeport has until Wednesday to heed the state's request to stop relying on volunteer workers to keep its Cerro Verde mine afloat or face fines of between $14,505 and $26,383. Wednesday , 12 Oct 2011 | | The miner plans to pay ENRC's founder shareholders as much as $650m for the outstanding stake in Shubarkol Komir in order to gain access to low-cost coal for use by its existing operations. Tuesday , 11 Oct 2011 | | In an effort to ensure that the country sees more benefit from soaring gold prices, Ghana's government is said to be in talks with gold miners about additional taxes Tuesday , 11 Oct 2011 | | The miner says it remains on track to produce 200-210,000 gold ounces from its Sukari mine in Egypt at a cash cost of about $550 an ounce. Tuesday , 11 Oct 2011 | | With plans to roll out 2,000 more throughout the country, the Beijing Agricultural Commercial Bank officially installed its first gold ATM during the Chinese National day holiday. Monday , 10 Oct 2011 | | Natixis's Nic Brown believes that while there are a few similarities between the current situation and 2008, the differences mean that base metals are unlikely to fall as hard, even in a worst case scenario. | | Nedbank Capital's head of Resource finance, Mark Tyler, looks at the similarities and differences between the current climate and 2008 and what miners can do to secure funding | | Evy Hambro, manager of the Blackrock Gold and General Fund, says that gold bullion prices remain well supported and is expecting fantastic earnings from gold stocks this year | | |
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| | | | | | | | | | | | | | | | | FEATURED COMPANY | 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 Production Lindiwe Molekoa, Johannesburg Editor in Chief Alec Hogg, Mooi River, SA | | |
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