Tuesday, December 13, 2011

MINEWEB.COM'S TOP STORIES: CORRECTION: Major U.S. land sale offers a new approach for Nevada mining development

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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 | Tuesday , 13 Dec 2011                                                     

CORRECTION: Major U.S. land sale offers a new approach for Nevada mining development

Mineweb reporter Dorothy Kosich corrects errors made in her prior story, concerning land ownership and mineral rights along former railroad checkerboard lands in the heart of northern Nevada's gold country.    Tuesday , 13 Dec 2011

First U.S. gold coin sold for record $7.4 million

New Orleans coin dealer, Blanchard & Co has placed what is believed to be America's first gold coin, the Brasher doubloon with punch-in-breast for a record $7.395 million.    Monday , 12 Dec 2011

Fire River Gold suspends mining - market 'overreacts'

Supplies run low as Fire River Gold's remote Alaskan mine is cut off from fuel supplies for 10 days and counting.    Tuesday , 13 Dec 2011

Rio Tinto wins battle against Ivanhoe's "poison pill" rights plan

An arbitrator has ruled that a "poison pill" rights plan erected by Ivanhoe to try and stop a Rio Tinto takeover, does not apply to the latter, leaving Ivanhoe vulnerable to a takeover next year.    Tuesday , 13 Dec 2011

Toyota subsidiary to invest in Kipawa Heavy REE Deposit

Matamec Exploration shares rose more than 15% Monday in the wake of the announcement of a possible joint venture with Toyota in the development of the Kipawa HREE Deposit.    Tuesday , 13 Dec 2011

India tables new mining bill

India's new mining bill proposes a new mining royalty but, also moots a simple and transparent mechanism for the granting of mining leases and encourages the participation of private parties in the sector.    Monday , 12 Dec 2011

Chinese bank's LME entry to boost business more than harm traders

While some are concerned that existing business with Chinese customers will be channelled through Bank of China International, others think the opening up of trade will boost liquidity and opportunities.    Tuesday , 13 Dec 2011

Chalice Gold to sell Zara gold project in Eritrea

Chalice Gold says it has inked a letter of intent setting out terms for the sale of its Zara gold project, which holds some 760,000 ounces gold in reserves.    Monday , 12 Dec 2011

Peru's new mines minister to promote investment

Newly elected Peruvian mines and energy minister, Jorge Merino, has pledged to bring private investment to the country's vast mining sector.    Tuesday , 13 Dec 2011

Evraz founder in favour of Severstal merger

In an interview with the Financial Times Tuesday, Evraz's founder and chairman, Alexander Abramov, said a merger of the two steel giants would have several advantages.    Tuesday , 13 Dec 2011

Govt. safety stoppages hit SA platinum sector

South Africa's platinum output hit its lowest point in October, analysts say, possibly the result of increased stoppages related to surprise govt. safety inspections.    Tuesday , 13 Dec 2011

Freeport Indonesia's workers union to sign deal to end strike - sources

According to sources, the two sides have agreed to a wage increase of 40% over two years to end a three-month strike that has crippled production at Freeport's huge Grasberg copper-gold mine.    Tuesday , 13 Dec 2011

African Barrick Tanzania agree to raise gold royalty

The gold miner has agreed with the Tanzanian government to raise the royalty rate it pays on gold exports, the country's minerals ministry said Monday.    Tuesday , 13 Dec 2011

Indonesia's Sumatra, Kalimantan regions face flood risk

The resource-rich regions are among the areas at high risk of flooding this month as Indonesia anticipates heavy rain during the December/January rainy season.    Monday , 12 Dec 2011

Yesterday's top Story: It's a good thing Central Banks can't print gold

The combination of negative real interest rates and loose money supply should provide a potent stimulus to the gold price, says US Global's Frank Holmes    Sunday , 11 Dec 2011

PODCASTS / RADIO                                                     

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

Availability of mine financing - Wickens

According to Standard Bank's Vaughn Wickens, there is financing available for mines but, companies have to have the basics covered.

China's changing role and the need for new exploration models - Chender

Metals Economics Group CEO, Michael Chender looks at the long term need for new copper ounces and the hurdles companies face in finding new ounces.

 

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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