| | | | Ernst & Young's Africa transactions head, Adrian Macartney, looks at some of the major challenges facing the South African mining sector. | | | | | | TOP STORIES | Tuesday , 18 Oct 2011 | | A US$1.3 billion award against Grupo Mexico in favor of Southern Peru Copper shareholders by a court renowned for ruling against shareholder derivative lawsuits may set securities and corporate precedents. Tuesday , 18 Oct 2011 | | The giant Newmont/Buenaventura Yanacocha gold mine in Peru has been forced to suspend work for safety reasons after protestors blocked the access road and destroyed equipment. Tuesday , 18 Oct 2011 | | As investors in them will know gold equities have substantially underperformed bullion, which itself has dropped sharply recently - but which will perform best in a rebound? Tuesday , 18 Oct 2011 | | The growing multi-million ounce Blackwater gold deposit in B.C. lies at the heart of New Gold's all-share takeover of Silver Quest Resources. Tuesday , 18 Oct 2011 | | Former Cyprus-Amax CEO leaves a legacy of accomplishments on behalf of U.S. hardrock mining, mining R&D, and mining education. Tuesday , 18 Oct 2011 | | The current disruptions to production at the world's third largest copper mine and largest gold mine, Freeport's Grasberg, seem to be escalating with the mine temporarily shut down for security reasons. Monday , 17 Oct 2011 | | The company hopes to continue shipping the available copper concentrates from its strike-hit Grasberg mine in Indonesia, while it monitors the security situation after the main pipeline was cut in what the firm describes as sabotage. Tuesday , 18 Oct 2011 | | Copper fell 1.8% early Tuesday after German Finance Minister Wolfgang Schaeuble warned the upcoming Brussels meeting to address the euro zone turmoil would not yield a "definitive solution" for the crisis, while China's lower GDP growth also weighed on sentiment. Tuesday , 18 Oct 2011 | | With Diwali around the corner, traders and analyst say the 11% drop to $1,634 an ounce in end-September was reason enough for Indian investors to make a grab for the precious metal. Monday , 17 Oct 2011 | | The latest figures on World official sector gold holdings from the World Gold Council see totals largely unchanged in August with minor sales by some largely cancelling out purchases by others. Monday , 17 Oct 2011 | | Gryphon Gold, whose primary asset is the Borealis gold project in Nevada, has completed its first gold/silver shipment and expects to record its first revenue in a month. Monday , 17 Oct 2011 | | The company's Bellekeno silver mine in Canada saw an increased output of 8% in the third quarter, delivering some 500,703 ounces. Monday , 17 Oct 2011 | | Spot ore prices fell around $165/t in China on Tuesday, pulling down key indexes to more than 13-month lows, with Shanghai rebar futures also falling to a fresh contract low on demand concerns. Tuesday , 18 Oct 2011 | | The diamond miner plans to raise $400 million in bonds to buy back its oil and gas assets Geotransgas and Urengoy from the country's second largest lender VTB for a total $1 billion. Tuesday , 18 Oct 2011 | | For silver bugs, Maya Gold and Silver is offering delivery of near pure silver as part of a proposed financing, an atypical term for a junior private placement. Monday , 17 Oct 2011 | | The company reports that all of its coal operations in South Africa are affected by a worker strike which began late Sunday, with a number of its alloys facilities impacted. Monday , 17 Oct 2011 | | Speaking at an agricultural conference in Johannesburg on Monday, Zimbabwe's PM Morgan Tsvangirai described the country's controversial law requiring foreign mining companies to be majority-owned by local blacks as too stringent. Monday , 17 Oct 2011 | | World's biggest gold producer, China, produced 31.89 tonnes of gold in August, which was a 6% increase from the previous month. Monday , 17 Oct 2011 | | Gold miner Pan African Resources has commenced cold commissioning of its Phoenix chromite tailings retreatment plant for the production of platinum group metals on South Africa's Bushveld Complex. Monday , 17 Oct 2011 | | Mineral processing specialist, FL Smidth, has been awarded a contract to supply the world's largest sizer station to Goldcorp's bi Penasquito silver/gold/base metals operation in Mexico. Monday , 17 Oct 2011 | | QE3 is going to make QE1 and QE2 seem like a little prelude and will set up a moon shot for precious metals and junior mining companies says Edward Karr. Gold Report interview. Sunday , 16 Oct 2011 | | 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 | | 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 | | |
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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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