Monday, November 7, 2011

MINEWEB.COM'S TOP STORIES: CFTC says silver market investigation ongoing since 2008

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FEATURED PODCAST                                                     

De Beer's 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
 

TOP STORIES | Monday , 07 Nov 2011                                                     

CFTC says silver market investigation ongoing since 2008

In spite of 2004 and 2008 investigations determining no illegal activity in the silver futures market, the CFTC says it has been continuing to investigate the issue since late 2008.    Monday , 07 Nov 2011

30% year on year price growth for gold as economic instability continues

The latest economic news out of the Eurozone is hardly conducive to light at the end of the global economic imbroglio and thus gold and silver would seem likely to continue a steady upwards path overall    Monday , 07 Nov 2011

A 'sweet little deposit' in Mexico drives Fortuna Silver's growth

Production is on the up for Fortuna Silver Mines with a second mine in operation now; and with near term plans for expansion Fortuna Silver eyes doubling silver output.    Friday , 04 Nov 2011

Indonesian National Police to permit Freeport security funding probe

Indonesia's National Police Chief says he will permit a formal investigation by the Corruption Eradication Commission to investigate police officers who may have received funding from PT Freeport Indonesia.    Monday , 07 Nov 2011

For the Oppenheimers, diamonds are not forever

For South Africa's Oppenheimer family, today's buyout offer from Anglo American brings to a close an involvement with the diamond producer that began in 1927.    Friday , 04 Nov 2011

Nevada Board of Examiners to deliberate on $8.18m claim fees refund

Nevada's Board of Examiners may authorize the State Department of Taxation to refund up to $18.18 million of a special tax on mining claims fees enacted in 2010.    Monday , 07 Nov 2011

Evraz gets support for full London listing

The steelmaking firm has received acceptances for its proposed share swap and relocation to Britain from just over 98% of its shareholders, allowing it to proceed with a premium London listing.    Monday , 07 Nov 2011

Harmony suspends SA mine operations after fatality

The company issued a statement Monday morning saying operations at its Kusasalethu gold mine have been suspended pending investigations after an employee was killed in an accident.    Monday , 07 Nov 2011

Kazakhstan to build 3rd gold refinery in 2012

Kazakhstan's Industry Ministry says the construction of a third gold refinery to process an expected increase in volumes of the precious metal will begin next year and it will have capacity to produce 25/t of bullion per year.    Monday , 07 Nov 2011

Peru urges Newmont to improve water plan for $4.8bn Conga mine

The Peruvian government says Newmont Mining should consider revising the environmental plan for its $4.8 billion Conga gold mine, which has run into stiff opposition from locals because they fear it would displace a string of alpine lakes.    Monday , 07 Nov 2011

Horsehead seeks to transfer MF Global hedging contracts

Pittsburgh-based Horsehead is trying to transfer the majority of its hedging contracts it has with its clearing agent, a British affiliate of MF Global, which has filed for Chapter 11 bankruptcy protection.    Friday , 04 Nov 2011

Primero's Q3 profit rises on strong gold prices

Primero Mining's shares rose to a near seven-week high of C$3.33 early Friday on the Toronto Stock Exchange after the company posted a third-quarter profit, helped by strong gold prices.    Friday , 04 Nov 2011

Gold price surge lifts New Gold's Q3 profit

The miner's third-quarter operating profit increased to $49.5 million from $29.3 million a year earlier, boosted by the surge in the price of gold.    Friday , 04 Nov 2011

Xstrata to sell $3bn worth of bonds

The company has announced plans to sell $3 billion worth of notes in four tranches, the proceeds of which will be used to repay debt and for general corporate purposes.    Friday , 04 Nov 2011

Brazil's mining code overhaul to limit new licenses

Brazilian newspaper Folha de S. Paulo reported on Friday the country's proposed mining code overhaul will limit the approval of new mining licenses for companies that are already large producers of a given mineral.    Friday , 04 Nov 2011

Weekend Top Story: Have investors revoked gold's safe haven status?

While gold's bull market doesn't seem to be waning just yet, there does seem to be a shift in sentiment in terms of its status as a safe haven    Friday , 04 Nov 2011

PODCASTS / RADIO                                                     

Gold prices, cash costs and Randgold quarterlies - Mark Bristow

Randgold CEO, Mark Bristow, talks about the direction of the gold price, cash costs and the group's latest set of quarterly numbers

Harmony's Quarterly earnings, dividends and Wafi Golpu - Graham Briggs

A look at Harmony Gold's quarterly numbers, the group's dividend plans and Wafi Golpu which, Briggs says, is going to be rather reminiscent of Freeport's Grasberg mine

Behind iron ore's price slump - Rhynhardt Roodt

A look at the reasons behind the 34% drop in iron ore prices during October and what this means for earnings going forward

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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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