Wednesday, December 14, 2011

MINEWEB.COM'S TOP STORIES: Don't count Ivanhoe out yet

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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

 

FEATURED PODCAST                                                     

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
 

TOP STORIES | Wednesday , 14 Dec 2011                                                     

Don't count Ivanhoe out yet

Rio Tinto says it has won the fight against Ivanhoe's poison pill, but Ivanhoe has not yet conceded defeat, at least until its lawyers weigh in on an arbitrator's decision.    Wednesday , 14 Dec 2011

Royal Canadian Mint considering marketing silver ETRs

The awesome success of the Royal Canadian Mint's Gold Reserves' Exchange Traded Receipts program has the Mint's management team considering follow-up product based on silver bullion.    Wednesday , 14 Dec 2011

Australian uranium exports to India gather steam

Following in the footsteps of those already invested in coal, Indian companies are keen to invest in Australian uranium assets to fuel India's fast growing economy.    Wednesday , 14 Dec 2011

Silver consolidation to continue as investors rush to cash - Morgan

David Morgan believes that while, longer term, silver prices will continue, we are currently facing a long consolidation phase for the metal.    Tuesday , 13 Dec 2011

Rio Tinto nears compulsory level in Hathor acquisition

Rio Tinto, extending its offer for a second time, said it has acquired 84.26 percent of Hathor Exploration shares, near the level required to initiate a compulsory acquisition.    Wednesday , 14 Dec 2011

Dogged by high costs in 2011, Orvana Minerals looks at financing options

Coming off a tough production year, Orvana is looking to source cash and improve head grades and recoveries at its operating copper-gold-silver mines.    Tuesday , 13 Dec 2011

Gold ETP investors still holding their nerve

While gold prices are struggling as investors look favourably on cash, gold ETPs have experienced fairly small outflows so far    Tuesday , 13 Dec 2011

Central Rand Gold Shares fly on DMR agreement

While as yet no formal settlement has been reached with South Africa's Department of Mineral Resources, the firm says it has reached an agreement to set aside the decision to cancel CRG's mining right    Tuesday , 13 Dec 2011

Uranium industry alive and well: David Talbot

Fukushima cast a shadow on the uranium mining industry, but David Talbot of Dundee Securities still sees very strong fundamentals. Energy Report interview.    Wednesday , 14 Dec 2011

Striking Freeport Indonesia workers to return to work on Sat

Striking miners at Freeport McMoRan's Grasberg mine in Indonesia will return to work on Saturday after agreeing to a pay deal to end to end Indonesia's longest-running industrial dispute.    Wednesday , 14 Dec 2011

Endeavour Silver's hits high grade zones at Mexico mine

The Canadian miner has encountered two high-grade silver-gold zones at its Guanajuato mine in Mexico and expects a substantial increase in reserves and resources at the mine by year-end.    Wednesday , 14 Dec 2011

Surging gold price spurs wave of violence in Guyana

A wave of killings and violent assaults has gripped the deep Guyanese jungle where wildcat miners, lured by soaring gold prices, have come to seek their fortunes.    Wednesday , 14 Dec 2011

U.S. Mint scraps presidential dollar coins

Searching for savings in tough economic conditions, the U.S. Mint said Tuesday it will scrap automatic production of millions of dollar coins bearing the image of deceased American presidents.    Wednesday , 14 Dec 2011

Yesterday's top Story: 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

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).

 

 

 
 

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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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