Wednesday, December 21, 2011

MINEWEB.COM'S TOP STORIES: Court awards Coeur Rochester some protection against Rye Patch exploration

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Mineweb's Daily Newsletter will be taking a break between December 23, 2011 and January 2, 2012. But, be sure to check out our home page for continued updates throughout the Festive Season.

 
 

TOP STORIES | Wednesday , 21 Dec 2011                                                     

Court awards Coeur Rochester some protection against Rye Patch exploration

A Nevada judge has ruled Rye Patch geologists must steer clear of Coeur Rochester mining operations for now. However, Rye Patch can continue to explore several former Coeur Rochester claims.    Wednesday , 21 Dec 2011

Adriana signs joint venture with WISCO on C$13bn iron ore project

Adriana Resources makes progress on its Lac Otelnuk iron ore project in Quebec, inking a joint-venture agreement that sees Chinese steel-maker WISCO buy a 60 percent stake    Tuesday , 20 Dec 2011

Deflation, gold and the dollar in the ever ongoing crisis

Cheer up! This permanent state of emergency is doing a wonderful nothing to unwind the bubble - yet gold may not have fallen quite as far as headlines suggest.    Wednesday , 21 Dec 2011

New NV Mining Oversight, Accountability panel holds first meeting

It was déjà vu all over again as witnesses complained to a newly appointed Nevada mining oversight panel about mining pollution, mining taxation, mining safety, and mining environmental impacts.    Wednesday , 21 Dec 2011

Kumba: the unintended beneficiary in Sishen saga

While the judge ruled in favour of ArcelorMittal in the dispute between it and Imperial Crown Trading, Kumba has emerged with some of the spoils    Wednesday , 21 Dec 2011

Gold to remain volatile in the battle between QE and austerity

The irony is that, at least for now, the run of events is moving away from gold enthusiasts' worst fears, undermining the price of the precious metal.    Tuesday , 20 Dec 2011

Petra sells 4.8 carat blue diamond for $1.45mn

The African-focused diamond miner has sold its 4.8 carat blue diamond, produced from South Africa's famous Cullinan mine, for $1.45 million.    Wednesday , 21 Dec 2011

ETF industry faces tough times in 2012

Analysts say Europe's ETF industry could face its toughest time yet in 2012 as investors are sound a nervous retreat from the benchmark-hugging funds, rattled by the volatility in prices.    Tuesday , 20 Dec 2011

Kobe Steel to set up JV with Chinese aluminium firm

The JV will build an aluminium products company that will have annual production of about 200,000 tonnes of products, the companies said Wednesday.    Wednesday , 21 Dec 2011

Anglo American's Kolomela iron ore mine delivers first ore

The miner said the $1 billion Kolomela iron ore mine in South Africa has exported its first shipment, putting the project ahead of schedule and on track to achieve full production by 2013.    Wednesday , 21 Dec 2011

ArcelorMittal pulls out of Thai G Steel deal

Shares in the Thai steelmaker fell sharply on Wednesday after ArcelorMittal pulled out of a deal to buy a 40% stake in it.    Wednesday , 21 Dec 2011

China warns of Iranian iron ore import risks

In a spat similar to one the two countries had over crude that has seen Iranian oil shipments bound for country halve for January, China has warned local firms about Iranian iron ore.    Wednesday , 21 Dec 2011

Vale, Aquila to proceed with Eagle Downs coal mine

The companies have jointly agreed to proceed with the Eagle Downs coal mine in Australia, ending a lengthy dispute and averting a forced sale of Aquila's stake.    Wednesday , 21 Dec 2011

BHP sells Chidliak project stake to Peregrine Diamonds

Less than a month after announcing a review of its diamond assets, BHP Billiton will sell its majority stake in the Chidliak exploration project in Canada to partner Peregrine Diamonds.    Tuesday , 20 Dec 2011

Yesterday's Top Story: Tsunami intact: gold to rise to $3,000+ by mid-year - Goldrunner

The latest technical chart analysis shows that the previously predicted gold price target of $3,000+ by mid-year remains intact despite the recent price setbacks    Tuesday , 20 Dec 2011

PODCASTS / RADIO                                                     

The changing nature of long-term gold investment - Christensen

ASA's David Christensen provides a view on how to invest in commodities over the very long term and gives gold's recent moves a longer term context

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

 

Castle Peak reports sampling at Enyinase concession; drilling at Apankrah

Castle Peak Mining Ltd. (‘Castle Peak' or the ‘Company', TSX.V: CAP) reports auger sampling exploration results on the Enyinase concession; which is host to the inferred intersection between a mineralized north-south structural corridor and the high potential north-east Birimian-Tarkwaian structural corridor. Additionally, an initial follow up drill hole will be completed on the Apankrah Structure. After completion of three additional holes on the Dansuom target, the drill rig has been demobilized due to a need for access road upgrades for safety purposes. Once the upgrades have been completed, follow up drilling is planned to define the mineralized structure highlighted by the strong intercept in POWDDH004 of 10.8 metres (‘m') of 2.9 grams per tonne (‘g/t') gold (‘Au'), previously reported November 15, 2011. Castle Peak would also like to announce the appointment of J.David Mason to the Advisory Committee. For the full release click here

 

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
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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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