Wednesday, November 23, 2011

MINEWEB.COM'S TOP STORIES: Australia's mining tax passes - a lose-lose outcome

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These selected stories represent only a fraction of the news and analysis featured and updated all day on Mineweb.com - check out our home page for the rest of the news and expert analysis now available at www.mineweb.com

 

FEATURED PODCAST                                                     

Uncertain times for markets make for nervous gold investors - Turner

" The market is nervous and there's a chance of year-end book squaring, but medium term, the solution to the world's debt problems will probably be inflationary and that's good for gold investment."
 

TOP STORIES | Wednesday , 23 Nov 2011                                                     

Australia's mining tax passes - a lose-lose outcome

While almost certain to become legislation, commentators say the changes made to get it passed have left it a disaster    Wednesday , 23 Nov 2011

Barrick's Hemlo facility receives rare award

Aboriginal and community outreach programs conducted by Barrick's Hemlo operation have won special recognition from the Mining Association of Canada.    Wednesday , 23 Nov 2011

Seabridge's KSM poly-metallic deposit gets bigger

Rudi Fronk, Seabridge president and CEO, says drilling results bode well for a resource increase and upgrade at the KSM project in BC.    Tuesday , 22 Nov 2011

Franco-Nevada announces C$340 bought deal financing

Franco-Nevada says it intends to use the net proceeds from the offering for acquisitions, working capital and general corporate purposes.    Wednesday , 23 Nov 2011

Gold ETF assets in India soar

Total assets under management of gold ETFs jumped to Rs 90.90 billion at the end of October from Rs 30.97 billion a year ago.    Tuesday , 22 Nov 2011

Galway rides higher on Colombian gold intercepts

Shares in Galway Resources jumped on a slew of high- to bonanza-grade gold intercepts from seven drillholes on its Vetas property    Tuesday , 22 Nov 2011

Diamonds a thing of the past for Oppenheimers

A look at some of the reasons behind the Oppenheimer family's decision to sell their 40% stake in De Beers to Anglo American and what they plan to do next.    Tuesday , 22 Nov 2011

Asian Mining Indaba to be launched

The conference company which runs the Investing in African Mining Indaba event is to go ahead and bring the brand to Asia with the new Investing in Asian Mining Indaba to be held in Singapore.    Tuesday , 22 Nov 2011

BarCap dominates LME nickel market, shorts cover prices - traders

Traders say Barclays Capital's dominance in the London nickel market, has contributed to higher nearby prices and forced shorts into expensive covering.    Wednesday , 23 Nov 2011

European OTC gold launch on track - CME Group

CME's managing director for metals said Tuesday the group is on track to launch cleared over-the-counter gold in Europe by the end of 2011.    Wednesday , 23 Nov 2011

South Africa's NUM rejects Lonmin's revised wage offer

The union said Tuesday it had rejected Lonmin's revised wage offer, paving the way for strike action at the platinum miners' SA ops.    Wednesday , 23 Nov 2011

Gold setting up for strong upward move - Levenstein

As Western governments drown themselves in debt the demand for physical gold remains very robust.    Tuesday , 22 Nov 2011

Yesterday's Top Story: Silver, gold's ugly sister, still not finding investor favour - Thompson

Volatility in the silver price, continues to deter investors from stepping in on silver juniors. Chris Thompson talks to The Gold Report about what's next for silver.    Tuesday , 22 Nov 2011

PODCASTS / RADIO                                                     

Bullish on iron ore but large uncertainties remain - Henderson

JP Morgan's Ian Henderson says, over the next few years significant weakness in the iron ore market is unlikely but, the state of the global financial world means uncertainties abound

World gold demand trends for Q3 - Marcus Grubb

Investment demand for the yellow metal surged during the third quarter, especially in Europe, but, greater changes are afoot in the greater global gold market.

Investors moving to physical gold as macroeconomic concerns fester - Stoeferle

Erste Group gold analyst, Ronald Stoeferle, believes that the monetary aspect of gold is becoming more important as investor attitudes toward the global economy shift.

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CONFERENCES

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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