Tuesday, October 25, 2011

MINEWEB.COM'S TOP STORIES: New U.S. based REE Association wants Senate and House Caucuses set up

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FEATURED PODCAST                                                     

Petmin's plans through the cycle - Ian Cockerill

Petmin's, executive chairman, Ian Cockerill looks at the reasons behind the group's recent acquisitions given the macro-economic environment facing miners
 

TOP STORIES | Tuesday , 25 Oct 2011                                                     

New U.S. based REE Association wants Senate and House Caucuses set up

Proponents say Congressional Rare Earth Caucuses would help focus the emerging policy debate about how to expand domestic and foreign production of rare earth minerals and metals.    Tuesday , 25 Oct 2011

US Federal judge halts uranium mining, exploration in Colorado's Uravan Mineral Belt

A Colorado-based federal court has halted a DOE uranium leasing program in the Uravan Mineral Belt of in southwestern Colorado, pending a full environmental review under the NEPA and ESA processes.    Tuesday , 25 Oct 2011

BlackRock sees opportunities in "oversold" mining equities

The asset manager sees big opportunities in oversold mining equities, as "valuations are at very low levels" and predicts the recent fall in iron ore prices could lead to drop in supply and, later, to a rebound in prices.    Tuesday , 25 Oct 2011

Silvercorp fights back against shortsellers with KPMG audit

As part of efforts to dispel damaging allegations made by anonymous shortsellers, Silvercorp relates findings of a KPMG audit that it says shows its revenue is in the clear.    Monday , 24 Oct 2011

CB Gold flies on bonanza-grade gold from Colombian drillhole

CB Gold share price surged on Monday after an announcement that it had racked up an intercept that included a 300-plus gram per tonne interval near to surface at its Vetas gold project in Colombia.    Tuesday , 25 Oct 2011

Politicians push global financial system to the brink

David Levenstein argues that the meddling by politicians both in Europe and the US means the end game for the global monetary system is now total collapse, which will be good for gold    Tuesday , 25 Oct 2011

No bubble in gold prices - AngloGold

AngloGold CEO Mark Cutifani thinks the gold price reflects current market fundamentals and could easily rise further, given the current financial uncertainty.    Tuesday , 25 Oct 2011

Vale's iron ore shipments to China to blame for price fall - Rio Tinto

Rio Tinto's iron ore division head, Sam Walsh, says the move by rival Vale to divert shipments destined for Europe into China has lead to the softer market, which has seen prices shed 19% so far this month.    Tuesday , 25 Oct 2011

Japan's steelmakers sticking to long-term iron ore contracts

Steelmakers JFE Holdings and Sumitomo Metal Industries are not looking to cancel their current, long-term but more expensive iron ore purchasing contracts despite a plunge in prices on the spot market.    Tuesday , 25 Oct 2011

New Hope mulls asset breakup as interest swirls

Analysts reckon current global uncertainty means New Hope Corp needs to consider options such as breakup and asset sales, because possible suitors may struggle to raise the full amount for a takeover.    Tuesday , 25 Oct 2011

Great Basin sold 27% less gold in Q3

The miner reported Monday that it sold 27% less gold sequentially in the third quarter from its Hollister and Burnstone properties in Nevada and South Africa respectively.    Monday , 24 Oct 2011

Copper's busy September

The red metal fell almost 25% during September but sentiment seems to be picking up of late as politicians try to reach a solution to the debt crisis in Europe and China put out strong manufacturing data    Monday , 24 Oct 2011

Indonesia's tin smelters to review self-imposed ban

Tin smelters in Indonesia's Bangka island will gather on Saturday to discuss their self-imposed shipping ban which began Oct. 1 in a bid to push benchmark prices above $25,000/t.    Monday , 24 Oct 2011

Dynacor plans 2nd Peru gold-ore processing plant

The company will start building its second gold-ore processing mill in Peru next year and expects the facility to produce about 60,000 gold ounces a year.    Monday , 24 Oct 2011

Yesterday's Top Story: GATA gold/silver suppression spat with Jeff Christian getting personal

The war of words between GATA and CPM's Jeff Christian is getting increasingly bitter coming to a head after a debate at the Silver Summit conference in Spokane (Link to video of the debate attached).    Sunday , 23 Oct 2011

PODCASTS / RADIO                                                     

The state of South African mining - Adrian Macartney

Ernst & Young's Africa transactions head, Adrian Macartney, looks at some of the major challenges facing the South African mining sector.

Gold's bull market to continue but, more exploration is needed - Lassonde

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

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.

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CONFERENCES

Gold & Silver Investment Summit 2011
Date: 07 November 2011 - 07 November 2011
Venue: Royal Garden Hotel, Kensington, London, UK
Annual conference that aims to link junior exploration & emerging gold and silver producing companies plus expert keynote speakers & analysts with financial institutions, brokerage firms, corporate finance & investment houses involved in the precious metals, resource & commodity markets Read More
The Gold Symposium 2011
Date: 14 November 2011 - 15 November 2011
Venue: Luna Park, Crystal Palace, Sydney, Australia
The 2-day event will feature presentations by world‑renowned precious metals and monetary experts and gold mining company CEOs. Read More
2011 NWMA Mining Conference and Exhibition
Date: 27 November 2011 - 02 December 2011
Venue: John Ascuaga's Nugget Hotel, Reno, USA
Important regional conference and exhibition being held in Reno this year. Mineweb's Dorothy Kosich will be attending. Read More
San Francisco Hard Assets Investment Conference
Date: 27 November 2011 - 28 November 2011
Venue: San Francisco Marriott, USA
The San Francisco Hard Assets Investment Conference offers the attendee advice on resouce sector investment and the chance to meet many of the companies involved. Read More

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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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