| | | | | | | | TOP STORIES | Friday , 14 Oct 2011 | | U.S. senators and representatives from Arizona and Utah have introduced legislation prohibiting the withdrawal from uranium and hardrock mining of one million acres surrounding the Grand Canyon National Park. Friday , 14 Oct 2011 | | Contrary to popular belief, if you want leverage in gold buy bullion. It keeps on turning every 1% gain in gold mining stocks into a 2% rise.. Friday , 14 Oct 2011 | | Two state-owned mining companies, South Korea's KORES and Bolivia's Comibol, say they have discovered a huge copper deposit in the Corocoro Copper District of Bolivia. Friday , 14 Oct 2011 | | As earlier hinted, Carpathian is adding more money to its kitty to help cover the $160 million it will cost to build the Riacho dos Machodos gold project in Brazil. Thursday , 13 Oct 2011 | | Industry sources say mining giants such as Vale have offered Chinese steel mills the option to pay for fourth quarter iron ore supplies based on more current rates, following the recent price fall. Friday , 14 Oct 2011 | | This morning's gold and silver markets have been flat to weaker as the metals consolidate around current levels. Thursday , 13 Oct 2011 | | Xstrata's tug-of-war with the National Union of Mineworkers over its employee share ownership programme continues, with the union to embark on a countrywide strike at miner's operations from Monday. Friday , 14 Oct 2011 | | The French bank expects a sharp fall in gold prices for 2011 through to 2013 and said a further revision is possible in the short term. Thursday , 13 Oct 2011 | | Peru's government has warned the copper miner that it is committing a grave infraction by relying on volunteer staff to fill the jobs of striking workers, who downed tools 15 days ago. Friday , 14 Oct 2011 | | Mexico-focused AuRico Gold saw a 68% increase in its third quarter gold production as two of its mines in the country became operational, achieving 45,686 oz, of which 40,779 oz were sold. Friday , 14 Oct 2011 | | The company's Black Fox underground mine in Ontario achieved gold production of 16,838 ounces in the third quarter, a 7% rise from 15,688 ounces delivered in the second quarter. Thursday , 13 Oct 2011 | | Workers at BHP Billiton's Australian coal mines are planning to embark on more work stoppages across all its mines next week after rejecting the company's new employee contract offer of a 5% annual wage increase. Friday , 14 Oct 2011 | | Close sources say Glencore is close to lending $800-$900 million to Indonesia's Bakrie coal mining group to help it repay its $1.35 billion debt and stave off a potential default. Friday , 14 Oct 2011 | | Global accounting and consulting firm, Deloitte, has decided to cut ties with Hong Kong's Real Gold because of an ongoing investigation by the Securities and Futures Commission for possible corporate governance breaches by the miner. Friday , 14 Oct 2011 | | Implats will only offer a 10% stake of its Zimbabwe unit Zimplats to locals as initial compliance with a law requiring foreign mining firms to turn over a 51% stake. Zimbabwe President Mugabe tells Implats CEO, Zimplats has nothing to fear. Thursday , 13 Oct 2011 | | Global drilling equipment manufacturer, Atlas Copco, has been awarded a grant by the US DoE to develop geothermal drilling technology in conjunction with Sandia National Laboratories. Thursday , 13 Oct 2011 | | A large gold discovery near the top end of New Zealand's South Island is to be brought back to life by the man who acquired it about 20 years ago from Rio Tinto. Thursday , 13 Oct 2011 | | China's Ministry of Commerce has granted Peabody Energy and ArcelorMittal clearance for their $4.7 billion takeover bid for Australia's Macarthur Coal. Thursday , 13 Oct 2011 | | The new Zambian government's Mines Minister has said that the country would like negotiate larger stakes in projects with foreign mining firms and plans to revamp tax collection to improve transparency and maximize benefits for itself. Thursday , 13 Oct 2011 | | In this interview with The Gold Report legendary mining entrepreneur, Ross Beaty, explains his love of metals and alternative energy and what he is doing to position himself regardless of where the markets go. Thursday , 13 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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