Tuesday, November 15, 2011

MINEWEB.COM'S TOP STORIES: Ivanhoe may have to speed up coal-fired power facility at Oyu Tolgoi

Mineweb logo
 

 

FEATURED PODCAST                                                     

Indigenous populations and the rise of resource nationalism

ICMM President, Dr. Anthony Hodge, looks at the implications of the increasing role being played by governments and indigenous populations in the mining sector
 

TOP STORIES | Tuesday , 15 Nov 2011                                                     

Ivanhoe may have to speed up coal-fired power facility at Oyu Tolgoi

A slower than anticipated process to reach a deal to import electrical power to the massive Oyu Tolgoi copper-gold-silver project may delay the planned timetable to achieve full commercial production.    Tuesday , 15 Nov 2011

Investors accurately sort survivors from doomed in REE's "Apocalypse Now'

Hallgarten metals analyst Christopher Ecclestone suggests the REE space has taken on a rancorous tone recently with mining and exploration companies involved in catfights over who will prevail.    Tuesday , 15 Nov 2011

China reduces 2012 silver exports by 5%, could boost prices

China has cut exports of silver by 283 tonnes from the 5,670 tonnes exported in 2011, traders suggest that less exports mean tighter markets that could eventually bolster prices.    Tuesday , 15 Nov 2011

Cameco tops Rio Tinto offer for Hathor - now what?

The bidding war between Cameco and Rio Tinto for Hathor Exploration and its uranium assets in the Athabasca Basin has escalated. What happens next is anyone's guess but most are expecting another salvo from Rio.    Tuesday , 15 Nov 2011

Resource nationalism turning nasty for miners?

Increasingly we seem to be hearing of more violent opposition to major mining projects around the world, while even in so-called 'safe' environments mining can be seen as a potential cash cow for profligate governments.    Monday , 14 Nov 2011

Nevsun pumps out gold, posts record results in Q3

With it Bisha mine in Eritrea now operating at full capacity, Nevsun announced its best results yet for the third quarter and has begun work on copper processing facilities.    Monday , 14 Nov 2011

Codelco sues Anglo in Chilean appeals court as stances harden

In a bid to ensure that its right to buy shares in Anglo American Sur are not "violated" Codelco has filed a suit in appeals court against Anglo American to stop it selling any further stakes in its southern properties.    Tuesday , 15 Nov 2011

Goldcorp given approval to build Eleonore mine

Canada's Quebec government has granted Goldcorp approval to build its Eleonore mine, allowing for a second shaft to be sunk at the site and for the construction of related infrastructure.    Tuesday , 15 Nov 2011

Great Panther Silver posts 46% rise in Q3 profit; sees higher Q4 output

Mexico-focused Great Panther Silver achieved a 46% rise in revenue in the July-September quarter and expects output in the fourth quarter to rise 14% over the current period.    Tuesday , 15 Nov 2011

A third of world's aluminium produced at a loss

Fund manager Perpetual says about a third of the world's aluminium is being produced at a loss because of the economic slowdown that has hurt demand and knocked metal prices lower.    Tuesday , 15 Nov 2011

CoAL directors could face Criminal Charges

A police docket has been handed to South Africa's Director of Public Prosecutions with regard to alleged environmental transgressions by Coal of Africa    Monday , 14 Nov 2011

Volcan's Peru workers to strike after first wage talks fail

Mineworkers in much of Peruvian zinc miner Volcan's Yauli district said late on Monday they were going on strike hours after the first round of wage talks failed. Another round of negotiations is scheduled for Tuesday.    Tuesday , 15 Nov 2011

Australia's PM looking to overturn ban on India uranium sales

Australian Prime Minister Julia Gillard's ruling Labor party will debate lifting the ban on the sales of uranium to India at its conference next month, a decision unlikely to be welcomed by the Greens.    Tuesday , 15 Nov 2011

Zambia's Chamber of Mines fear copper royalty will hurt miners

Zambia's Chamber of Mines said Monday that mining companies might have to scale down their operations as a result of the new government's announced plan to double copper royalties to 6%.    Tuesday , 15 Nov 2011

Norilsk Nickel wins court case over share buyback

Russia's Norilsk Nickel said on Monday that it had successfully defeated all claims made by UC RUSAL against it in a court in the Caribbean's St. Christopher & Nevis, adding that it will sue RUSAL for damages and legal expenses.    Monday , 14 Nov 2011

Finnish police investigate Talvivaara's waste water discharge

Residents and the local authority in Finland's Oulu region have asked the police to probe whether Talvivaara broke the law when discharging waste water with high levels of sodium, sulphate and manganese into lakes near its nickel mine in Sotkamo.    Monday , 14 Nov 2011

Eastplats' Q3 profit hit by labor issues

Eastern Platinum's earnings for the quarter ended September fell to $1.4 million, compared with a net income of $4.0 million a year ago, as production at its flagship Crocodile River mine in South Africa was hit due to labor disruptions.    Monday , 14 Nov 2011

Yesterday's Top Story: Gold - Commodity, currency or something else?

A recent analysis by Julian Jessop in London examines whether gold should be considered a commodity or a currency and feels that for the moment at least it meets the parameters of indeed equating to a currency    Monday , 14 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

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.

 

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

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