Friday, December 16, 2011

MINEWEB.COM'S TOP STORIES: 3rd accident in 9 months prompts another Lucky Friday Mine shutdown

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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

 
 

TOP STORIES | Friday , 16 Dec 2011                                                     

3rd accident in 9 months prompts another Lucky Friday Mine shutdown

After two fatalities in two incidents at the Lucky Friday Mine this year, seven miners installing a system to prevent rock bursts survived a third accident, sustaining non-life-threatening injuries.    Friday , 16 Dec 2011

Bulls and bears in gold and silver price confrontation

Gold and silver bears are in the ascendant, while bulls are licking their wounds as gold falls back around 20% - but where to from here?    Friday , 16 Dec 2011

Steel consumption in India dips

Although earlier predicted to grow at a CAGR of around 10% between 2010 to 2013, steel consumption in India has slumped despite the government's proactive plans to boost economic growth.    Thursday , 15 Dec 2011

Hundreds pack hearing on hotly debated Wisconsin mining bill

Proposed legislation aimed at speeding up the permitting process for iron mines in Wisconsin has evolved into one of the state's "most contentious environmental debates" in years.    Friday , 16 Dec 2011

Huge oxide gold deposit in Chile on engineering fast-track

Atacama Pacific Gold is putting together a scoping study of what it calls the largest oxide gold deposit in the hands of a non-producer.    Friday , 16 Dec 2011

Go-time for Trevali Mining at Canadian zinc mine

Trevali Mining got a mining lease for its Halfmile Mine in New Brunswick, bringing the junior one step closer to production.    Thursday , 15 Dec 2011

S.A High Court revokes awarded mining rights in Kumba case

Judge Raymond Zondo revoked on Thursday the right previously awarded to Imperial Crown Trading to prospect for minerals at a mine operated by Kumba Iron Ore.    Thursday , 15 Dec 2011

Positive pre-feas from Western Lithium

Canadian junior lithium explorer/developer Western Lithium has announced a positive pre-feasibility study on its Kings Valley project in northern Nevada.    Thursday , 15 Dec 2011

Twelve bullish factors driving gold to $2,000 and higher despite recent setback

Edited version of Jeff Nichols' recent address to the China Gold & Precious Metals Summit in Shanghai.    Friday , 16 Dec 2011

Peru to lift state of emergency imposed to quell Conga protests

The country has decided to lift the state of emergency in the northern region of Cajamarca and reopen negotiations with protestors opposed to Newmont's $4.8bn Conga mine    Friday , 16 Dec 2011

France's Credit Agricole to quit commodities trading

The French bank has announced plans to stop trading commodities and cut down on commodities trade financing as it struggles to cope with a credit crunch.    Thursday , 15 Dec 2011

Gold loses safe-haven status as investors opt for cash

Investors reckon the gold price could continue its slide through to the end of 2011 and are considering liquidating their positions to take safety in cash to end a difficult year.    Thursday , 15 Dec 2011

New tailings treatment plant for Svappavaara iron ore

Metallurgical specialist technology company Outotec has been awarded a tailings treatment package for the old Svappavaara iron ore mine in northern Sweden.    Friday , 16 Dec 2011

Yesterday's top Story: Battle lines drawn in gold price direction predictions

While some headlines are predicting the end of the bull market for gold, many commentators remain bullish on the yellow metal and all agree that more volatility should be expected    Thursday , 15 Dec 2011

PODCASTS / RADIO                                                     

Europe, Central Banks and continued demand for gold ETPs - Nicholas Brooks

ETF Securities' head of Research and Investment Strategy looks at the trends seen currently in the gold ETP market, the impact of Europe and what we might expect in 2012

Significant seasonal strength in Q1 2012 for silver, gold unlikely - Morgan

While there is likely to be some strengthening in the metal over the course of Q1 2012 David Morgan believes we are currently in a long consolidation period

Iron ore outlook remains positive -RMG

Raw Materials Group CEO, Magnus Ericsson, says the iron ore market remains a long term one and too much focus is placed on the short term effects on the current financial crisis

 

Islamic republic of Afghanistan ministry of mines mineral tenders request for expressions of interest

 

The Government of the Islamic Republic of Afghanistan, through the Ministry of Mines, has announced the opening of tender processes for the exploration and, subject to the satisfaction of certain conditions, the subsequent exploitation of each of the following mineral prospects:

 

Project

Province

Mineral type

Deposit type

Exploration Licence Area(s)

Badakhshan

Badakhshan

Gold

Quartz-vein

4 x 250km2

Zarkashan

Ghazni

Copper-gold

Skarn

2 x 242km2

Balkhab

Sar-I-Pul and Balkh

Copper

VMS

210 and 247km2

Shaida

Herat

Copper

Porphyry

250km2

 

The full Request for Expressions of Interest and further information is available on the Ministry of Mines website (www.mom.gov.af).

 

 

 
 

CONFERENCES

Vancouver Resource Investment Conference
Date: 22 January 2012 - 23 January 2012
Venue: Vancouver Convention Centre, Canada
Event will feature world class speakers, covering all types of direct investment in resource companies, speculative investing, resource exploration, oil & gas, green technology and clean energy, world outlook, investment strategies and more. Mineweb's Jan Chadwick, Kip Keen, will be in attendance. Read More
Mineral Exploration Roundup 2012
Date: 23 January 2012 - 26 January 2012
Venue: Westin Bayshore Hotel, Vancouver, Canada
Major mineral exploration conference and exhibition held annually in Vancouver. Mineweb's Kip Keen and Jan Chadwick are planning to attend. Read More
Mining Indaba 2012
Date: 06 February 2012 - 09 February 2012
Venue: Cape Town International Convention Centre
Africa's biggest mining and mining investment conference and exhibition held annually in Cape Town. Mineweb will be exhibiting and covering the event. Read More

FEATURED
COMPANY

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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

Africa

Christy Filen, Johannesburg


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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