Tuesday, October 11, 2011

MINEWEB.COM'S TOP STORIES: Base metal price downside limited even under worst-case scenario - Natixis

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FEATURED PODCAST                                                     

Base metal outlook still good, even if Europe continues to deteriorate - Natixis

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.
 

TOP STORIES | Tuesday , 11 Oct 2011                                                     

Base metal price downside limited even under worst-case scenario - Natixis

While the current situation in Europe has commentators concerned about a return to scenes similar to 2008, Natixis Bank believes the base metals outlook remains strong.    Tuesday , 11 Oct 2011

China installs gold vending machine, plans 2,000 more

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

Protecting with gold and gold stocks in the Kondratieff winter - Ian Gordon

Ian Gordon, founder of Longwave Analytics and Longwave Strategies tells The Gold Report that physical gold and certain gold stocks will be investors' best hedge and overall solution to the worst financial crisis the world has seen.    Tuesday , 11 Oct 2011

China resource tax reform to go national from Nov.1

China plans to make what is currently a regional resource tax on domestic sales of crude oil and natural gas national from November 1 and will widen it to include coking coal and rare earths.    Tuesday , 11 Oct 2011

2nd silver-laden shipwreck discovered in North Atlantic waters

US salvage company, Odyssey Marine Exploration, says it has found the remains of the SS Mantola in the North Atlantic Ocean, about 100 miles from the site of the SS Gairsoppa shipwreck, which it discovered last month.    Tuesday , 11 Oct 2011

Sundance unaware of Hanlong bid snag

Sundance says contrary to reports that the insider trading probe at Hanlong would derail its proposed takeover, the deal remains on schedule and the Chinese firm continues to cooperate with the securities watchdog.    Tuesday , 11 Oct 2011

Lack of demand pushes metal prices down will likely lower earnings

The declining global demand for metals in recent months will likely hurt the quarterly profits of mining companies and steelmakers, industry analysts say.    Tuesday , 11 Oct 2011

Extract considering forcing a Chinese takeover offer

The miner has held talks with Australia' securities watchdog after China Guangdong Nuclear Power's bid for its 43% shareholder Kalahari Minerals.    Tuesday , 11 Oct 2011

Rio Tinto to surrender 51% stake in Zimbabwe diamond unit

According to Zimbabwean state media, the miner has told the Zimbabwean government it will give a 51% stake in its Murowa diamond unit to locals as part of the country's local ownership law.    Monday , 10 Oct 2011

East Kutai coal dispute highlights mining risks in Indonesia

The long court battle involving LSE-listed Churchill Mining and Indonesia's Nusantara Group to develop the East Kutai coal deposit highlights the risks foreign miners face in the country.    Monday , 10 Oct 2011

Implats reaches wage deal with South Africa union

The platinum miner has finalised a two-year wage settlement with South Africa's National Union of Mineworkers, averting a possible a strike at its operations.    Monday , 10 Oct 2011

Switzerland's Scoach first to allow gold currency derivative trade

As of Monday, Scoach became the first exchange in the world to allow trading in gold-denominated structured products and might also allow exchange traded funds, with gold as the trading currency.    Monday , 10 Oct 2011

Metso to supply 64 car per hour railcar dumper for Westshore in Canada.

Metso is designing, supplying, installing and commissioning a 64 car/h railroad car dumping system at BC's Westshore Coal Terminal - Canada's top coal export facility    Monday , 10 Oct 2011

Politicians, Financial Regulators, Banking Officials and Gold.

The global financial system is in a bad state and it seems to be getting worse, says David Levenstein, so it is important to protect what wealth one does have.    Tuesday , 11 Oct 2011

Yesterday's Top Story: Valuing gold in this economy, invest in resources and survive the death of money

When the currency system as we know it dies, some people will become very wealthy. In this report from the Casey Research/Sprott Inc. Summit "When the Money Dies," The Gold Report talks to Rick Rule, Louis James and Marin Katusa.    Saturday , 08 Oct 2011

PODCASTS / RADIO                                                     

Banking crisis concerns and the implications for mine finance - Mark Tyler

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

Gold stock de-rating close to running its course - Blackrock

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

More QE needed as western worries hit base metals -Edison

Edison Investment Research's Charles Gibson looks at some of the reasons behind the recent falls in base metals and argues the case for further quantitative easing.

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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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