Monday, October 3, 2011

MINEWEB.COM'S TOP STORIES: Scotiabank forecasts US$4/lb. copper price for 2011, 2012

Mineweb logo
 

 
 

TOP STORIES | Monday , 03 Oct 2011                                                     

Scotiabank forecasts US$4/lb. copper price for 2011, 2012

While copper consumption growth is expected to slow in China, iron ore prices in the country will stay strong, Scotiabank VP Patricia Mohr forecasts, which bodes well for Canadian iron ore miners.    Monday , 03 Oct 2011

Qatar's investment in European Goldfields may ease Greek debt crisis

The Emirate of Qatar is giving a major boost to the debt-laden Greek economy with its investment aimed at reinvigorating Greek gold mining through two European Goldfields projects    Monday , 03 Oct 2011

Should the recent price fall mean gold no longer a "safe haven"?

If your house catches fire, do you call your insurer before trying to escape the flames...? Gold was still a better 3rd quarter performer than equities and industrial metals and its defensive value pays out over time.    Monday , 03 Oct 2011

FDG Mining shares surge on elevated gold values in soil samples

Nicaragua-focused junior, FDG Mining, garnered significant market interest Friday following the release of exploration results.    Saturday , 01 Oct 2011

Union calls off Highland Valley Copper strike, deal reached

Voting is scheduled Oct. 12 and 16th on a proposed new five-year ratification deal at Teck's Highland Valley Copper mine in Kamloops, British Columbia.    Monday , 03 Oct 2011

Minmetals $1.3 billion cash bid for copper miner Anvil 'opportunistic' - analysts

While DRC copper miner Anvil Mining framed a friendly takeover bid from Minmetals as fair, analysts described the pricetag offered by the Chinese-state metals company as a bargain.    Saturday , 01 Oct 2011

Hindustan Copper to develop underground copper mine for $378m

Demand for copper in India is expected to soar at an average annual rate of 7% per capita through the next three years, with domestic companies clamouring to ensure adequate supply.    Friday , 30 Sep 2011

Indian state auctions iron ore electronically to beleaguered steel producers

Electronic iron ore auctions have come to the rescue of Indian steel mills in the state of Karnataka after a court banned iron ore mining in the region for environmental reasons    Friday , 30 Sep 2011

Shanduka eyes majority stake in Lonmin's Limpopo division

World's third-largest platinum producer, Lonmin, said on Monday it had agreed a deal which could see South Africa's Shanduka investing R1.1 billion rand for control and management of its Limpopo division.    Monday , 03 Oct 2011

Europe's debt crisis clearly very bullish for gold and silver - Gardner

If you want to know the future, pay attention to the decisions European policymakers will have to make regarding debt, says Scott Gardner, chief investment officer at Verdmont Capital. Gold Report interview.    Sunday , 02 Oct 2011

India's commodity exchanges poised for massive growth; faces regulatory hurdles

India's commodity exchanges have generated an annual turnover of $2.5 trillion since futures trading started in 2003 and are poised for steady growth over the next few years, but political hurdles abound.    Monday , 03 Oct 2011

Barrick builds wall to prevent gold theft at Tanzania mine

The gold miner is building a 14 km wall around its North Mara mine, in Tanzania, to prevent future attacks by villagers seeking to steal gold ore, following a raid in May, which left five people dead.    Monday , 03 Oct 2011

China's Hanlong ups takeover offer for Australia's Sundance

Two sources familiar with the situation told Reuters the Chinese firm has agreed to raise its offer price for Sundance Resources to secure an agreed takeover bid for miner.    Monday , 03 Oct 2011

U.S. copper futures sustain biggest quarterly loss in 3 years

U.S copper futures lost more than a quarter of their value in the July to September period, their largest drop since Q4 2008    Saturday , 01 Oct 2011

Have gold and silver market conditions changed, fundamentally?

Gold and silver prices are being pulled back solely in the search for liquidity, not because the safe-haven qualities of gold and silver have evaporated.    Saturday , 01 Oct 2011

Rio battling to save Oyu Tolgoi gold-copper mine agreement

Rio Tinto has to win over MPs who oppose giving away most of the mine to foreign firms in its bid to persuade Mongolians the $10 billion Oyu Tolgoi copper deposit is in safe hands.    Friday , 30 Sep 2011

Norilsk Nickel in talks with banks for $3.5 billion share buyback loan

The metals group is reportedly in talks with a total of six banks for a loan of up to $3.5 billion to buy back shares, banking sources said on Friday.    Friday , 30 Sep 2011

African Minerals expects reduced 2011 iron ore sales

As mine equipment at its Sierra Leone iron ore project was redeployed to build the port and railway infrastructure, African Minerals has cut its 2011 iron ore sales estimate to 1.2 million tonnes.    Friday , 30 Sep 2011

Interview: LME's head of price discovery, Peter Childs

Reuters' Susan Thomas speaks to Peter Childs, the head of price discovery at the London Metal Exchange, one of the last bastions of open outcry trading.    Friday , 30 Sep 2011

The remarkable rise and fall of tin

Andy Home explores the rise and fall of LME base metals this year, concluding that few commodities have soared as high and fallen as hard as tin.    Friday , 30 Sep 2011

Weekend Top Story: How inevitable is further upside for gold?

While the current global macro-economic picture still provides good reasons for higher gold prices, there are perhaps a few other factors at play that are worth considering.    Friday , 30 Sep 2011

PODCASTS / RADIO                                                     

The end of year two for CBGA3 - Natalie Dempster WGC

In the second year of the third Central Bank Gold Agreement, central banks sold just 1.1 tonnes of gold, while emerging markets continue to buy the yellow metal

Gold's recent sell-off and what to look out for over the next few months - Christian

CPM Group MD, Jeff Christian, takes a look at some of the reasons behind gold's recent sell off and looks at some of the factors that could impact on the price going forward

Copper's sustainable price between $8,00 and $8,500 - Standard Bank

A strong sell off across the commodities complex has pushed copper prices down significantly but, Standard Bank's Walter de Wet says, fundamentals remain positive for the metal

Mineweb is the world's top mining and mining investment news website and is read in over 200 countries daily by mining company executives, financiers and investors.  According to independently published global website analysis, Mineweb is ranked far higher in terms of daily readership than any other directly competitive website.

Mineweb is updated around the clock, so to keep abreast of news throughout the day we suggest you do check our homepage for updates - www.mineweb.com

Follow mining news updates on Twitter http://twitter.com/Mineweb

Mineweb's iPad app is now available! Go to www..mineweb.com/apps or to the Apple app store to download it.

 

FEATURED
COMPANY

View more featured mining companies

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

 

   Manage your subscription | Subscriber help

   If you can't access the Mineweb site from this email, please email us with the words "Problem email" in the
   subject line, and we will address the problem.

   You have voluntarily joined this mailing list. To unsubscribe, please click here

   © Mineweb 2010 | Terms and Conditions of use | About Mineweb | Contact Mineweb | Advertise

No comments:

Post a Comment