Monday, November 14, 2011

MINEWEB.COM'S TOP STORIES: Canadian PM announces Peruvian mining conflict management program

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TOP STORIES | Monday , 14 Nov 2011                                                     

Canadian PM announces Peruvian mining conflict management program

The Canadian government will provide nearly $4.9 million toward the Conflict Management and Prevention in the Extractive Sector project to ease conflicts among Peruvian mining stakeholders.    Monday , 14 Nov 2011

For gold miners, copper no longer a swear word

As investors demand more from management and gold ounces become more difficult to replace, so the lowly red metal is no longer the dirty little secret it used to be when it comes to reserves and resources    Friday , 11 Nov 2011

US Interior Secretary, Senate both propose new wilderness, conservation areas

Should the Executive and Legislative Branches both propose new wilderness and conservation areas? A ranking U.S. senator says, "No."    Monday , 14 Nov 2011

Rising dividends from gold stocks boost investor interest

While the share prices of gold equities have been punished in 2011, Frank Holmes believes that the increasing dividends on offer allow investors to get "paid to wait" for the market to turn around.    Saturday , 12 Nov 2011

Borneo coal at the heart of increasingly complex Rothschild, Bakri deal

Touted as a union of two business dynasties, the deal between Nathaniel Rothschild and the Bakri Brothers is a year old now and looks as if it still has a few kinks to work out.    Monday , 14 Nov 2011

Codelco's looming legal battle with Anglo could last years - CEO

Codelco's CEO Diego Hernandez says its looming legal dispute with mining major Anglo American could take 3 to 4 years to resolve, after both parties dug in their heels over a 24.5% stake in Anglo's S. Chilean assets.    Monday , 14 Nov 2011

Peru to crack down on anti-mining violence - PM

Peruvian Prime Minister, Salomon Lerner, said Friday the government will come down on violent anti-mining protesters, saying communities opposed to mining must negotiate peacefully with miners and govt.    Monday , 14 Nov 2011

Gold price movement - buying the rumour, selling the fact

Strange to relate that the gold price rose on rumours of the Italian bond rate becoming unsustainable, but fell when this happened creating a good buying opportunity at the time.    Friday , 11 Nov 2011

Nautilus' underwater copper mine on track

The Australian-based company said its flagship Solwara 1 underwater copper project off the coast of Papua New Guinea remains on track for first production by the end of 2013.    Monday , 14 Nov 2011

RUSAL posts better-than-expected Q3 profit despite lower metal prices

Boosted by lower costs, the aluminium producer, posted a better-than-expected net profit of $432 million for the three months ended September, despite weak economic conditions that dampened prices and demand.    Monday , 14 Nov 2011

NALCO finalises 240,000 tonne export deal

The company has finalised a long-term export contract for 240,000 tonnes of alumina for delivery next year at 16.39% of the LME aluminium price on an FOB basis.    Monday , 14 Nov 2011

Xstrata's Koniambo nickel project timetable unaffected by fire

Koniambo Nickel's safety manager, Denis Mutter, said Monday the development timetable for the project was unaffected by a fire that destroyed its administrative offices on Saturday and that an investigation was under way to determine the cause of the blaze.    Monday , 14 Nov 2011

JSE listing the beginning of the road for Ferrum Crescent

The iron ore hopeful, that is already listed on the ASX and AIM, is hoping to establish a 6m ton per annum iron ore pellet operation in South Africa. But, it says, infrastructure remains a hurdle    Friday , 11 Nov 2011

Salzgitter's Q3 profit climbs, demand holding up

Germany's second-biggest steelmaker, Salzgitter, reported an almost fourfold rise in third-quarter profit on Friday and said demand for its steel products was holding up in the face of poor market sentiment.    Friday , 11 Nov 2011

South Africa's mining policy needs clarity - National Planning Commission

South Africa's National Planning Commission said Friday the country needs to address uncertainties including allocation of mineral rights and property ownership which are impeding growth in the mining sector.    Friday , 11 Nov 2011

Uranium One registers for ruble-denominated bond

Uranium One said Friday it had registered a prospectus with Russian security regulators for a ruble-denominated bond offering valued around $950 million which, if approved, would see it become the first foreign company to issue debt in Russia.    Friday , 11 Nov 2011

Zambia govt. doubles mining royalties to fund 2012 budget

Zambia's newly-elected government released its expanded 2012 budget on Friday, with the major change being the doubling of copper royalties to 6%, a hike that is likely to provoke a furious industry reaction.    Friday , 11 Nov 2011

Ausenco awarded Create phase contract for US$1.8 bn Kazakh copper project

Australian engineer/contractor Ausenco has announced it has been awarded a $45million Create phase engineering contract for the big Kazakhmys Bozshakol copper project in Kazakhstan.    Saturday , 12 Nov 2011

Weekend Top Story: Silver outlook bullish for 2011 and into 2012-Thomson Reuters-GFMS

This year worldwide silver investment demand is expected to reach a value of $10bn on a net basis for the first time in history.    Friday , 11 Nov 2011

PODCASTS / RADIO                                                     

Gold's save haven properties re-emerging - Steel

HSBC's James Steel believes that gold still has a way to run especially in the current environment, wherein, the yellow metal's safe haven status have begun to re-emerge

For the individual, gold is the only place to hide - McAvity

Given the current machinations in the global financial system, Deliberations on World Markets Author Ian McAvity believes that another global financial slowdown is inevitable

De Beers Selling out to Anglo - Nicky Oppenheimer

Nicky Oppenheimer speaks on what the family is planning to do with the $5.1bn it will receive from Anglo American for its stake in De Beers

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CONFERENCES

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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