Tuesday, November 29, 2011

MINEWEB.COM'S TOP STORIES: Vale board approves US$21.4bn investment budget for 2012

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FEATURED PODCAST                                                     

Resting platinum's hopes on jewellery -Atkins

Macquarie's Hayden Atkins says the starting point for the platinum sector going into 2012 is fairly weak, so much of the hope rests with jewellery
 

TOP STORIES | Tuesday , 29 Nov 2011                                                     

Vale board approves US$21.4bn investment budget for 2012

Iron ore gets the lion's share of Vale's project capex budget next year, with the bulk of investment allocated to Brazilian projects and operations.    Tuesday , 29 Nov 2011

Pretium leaps on huge Brucejack gold-silver resource upgrade

Pretium added some 4 million ounces gold in measured and indicated resources to its high-grade Brucejack project, all the while pushing grade to over 16 g/t gold.    Monday , 28 Nov 2011

Molycorp, Daido, Mitsubishi form next generation rare earth magnets JV

Molycorp has formed a joint venture with Daido Steel and Mitsubishi to manufacture next generation NdFeB permanent rare earth magnets    Tuesday , 29 Nov 2011

Antogafasta/Barrick JV begins arbitration over Reko Diq gold dispute

The JV reports it has begun international arbitration proceedings to protect its rights after its Reko Diq project lease application was rejected.    Tuesday , 29 Nov 2011

India's silver imports set to slide

Silver imports into India are expected to be marginally lower in 2011 than last year's 3030 tonnes, despite the drop in silver prices    Monday , 28 Nov 2011

Cameco retreats from Hathor takeover battle

Ending speculation it might want to keep Rio Tinto out of the Athabasca Basin, Cameco said it would not offer more for Hathor.    Monday , 28 Nov 2011

Counter economic turmoil to come with gold - Williams

ShadowStats' John Williams contends that turning to gold, silver and strong foreign currencies would protect wealth from the turmoil ahead.    Tuesday , 29 Nov 2011

Indian consortium bags Afghan's Hajigak iron ore deposits

Seven Indian firms have won three of the four blocks on offer in Afghanistan and provides India with a much firmer foothold in the country    Monday , 28 Nov 2011

Mining quietly happy about New Zealand election outcome

The John Key-led National Party Government has retained power following the weekend election that hit the major opposition party hard.    Monday , 28 Nov 2011

Are the days of gold as collateral getting closer?

While a return to the gold standard of old seems unlikely, Julian Phillips believes that the global economy is going to increasingly use the metal as collateral    Monday , 28 Nov 2011

AngloGold Ashanti walking the safety talk

The group's 2007 target of reducing fatalities by 70% by 2012 could hopefully be reached a year early, but there is still a lot of work to be done    Monday , 28 Nov 2011

S. Africa's ANC to redraft mine nationalisation report

The country's ruling party has returned a long-awaited report on mine nationalisation for redrafting and expects it to be completed early in the New Year.    Tuesday , 29 Nov 2011

Japan's Marubeni to double stake in Canadian aluminium smelter

The company will spend $180 million to double its stake in the Aluminerie Alouette aluminium smelter to 13.33%.    Tuesday , 29 Nov 2011

Yesterday's Top Story: Sky's the limit for gold and silver with unlimited liquidity - Maund

Clive Maund details the scenario he sees for economic collapse and inflation which could be very positive for gold and silver. Gold Report interview.    Monday , 28 Nov 2011

PODCASTS / RADIO                                                     

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."

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.

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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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