Thursday, December 22, 2011

MINEWEB.COM'S TOP STORIES: In spite of accidents, Hecla maintains 2011 guidance of 9m silver ozs.

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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.

 

FEATURED PODCAST                                                     

How the gold market is placed going into 2012 - Adrian Day

Adrian Day examines some of the trends that impacted the gold market in 2011 and looks at how the market is positioned as we head into 2012
 

TOP STORIES | Thursday , 22 Dec 2011                                                     

In spite of accidents, Hecla maintains 2011 guidance of 9m silver ozs

Despite the loss of two months production as a new bypass road is constructed at the Lucky Friday mine, Hecla Mining says 2012 silver production should be 9.5 million ounces    Thursday , 22 Dec 2011

Gold the protector as democracies move towards totalitarianism

Gold, and perhaps silver, are still in a bull market phase which is likely to continue as governments print money, spin figures, manipulate markets and erode basic liberties.    Wednesday , 21 Dec 2011

Iamgold suits up for Colombian gold

In an interview with Mineweb, Steve Letwin, Iamgold president and CEO, outlines the intermediate gold producers strategy on Colombia.    Wednesday , 21 Dec 2011

Employee offered bribe - Silvercorp Metals reports

It seems shady individuals have been contacting Silvercorp Metals in China, one person offering a bribe to extract information.    Thursday , 22 Dec 2011

S&P downgrades nuclear giant Areva on weak profits, credit metrics

The 2007 acquisition of UraMin by Areva proved financially costly, and is now compounded by a criminal complaint filed by Areva's former CEO concerning a private investigation into the purchase.    Thursday , 22 Dec 2011

Sprott expands on call for silver miners to hold back metal

The Gold Report asks Eric Sprott and silver insiders what impact limiting sales of newly mined silver could have in one of the most volatile subsets of the resource sector.    Thursday , 22 Dec 2011

Gloucester Coal's trading suspended on China bid

Trading in shares of Gloucester Coal was suspended on Thursday, as China's Yancoal was said to be preparing a takeover offer estimated at $2 billion.    Thursday , 22 Dec 2011

PNG rejects appeal to block Ramu nickel sea dumping

A Papua New Guinea court has rejected an appeal by local landowners to block deep sea dumping of waste from the Ramu nickel mine, junior partner Highlands Pacific said on Thursday.    Thursday , 22 Dec 2011

KGHM eyes joint takeovers with China's Minmetals

According to KGHM's CEO, Herbert Wirth, the company is considering making joint acquisitions with China's Minmetals Corporation outside its home country.    Thursday , 22 Dec 2011

ArcelorMittal seeks to raise stake in Bosnia iron ore mines

The steel major has expressed interest in raising its 51% stake in Bosnia's Prijedor iron ore unit by acquiring state-owned shares, a regional industry minister said on Wednesday.    Wednesday , 21 Dec 2011

Finland's Olkiluoto 3 plant delayed to Aug '14

Power utility TVO said Wednesday the Olkiluoto 3 nuclear plant will not be ready for electricity production until August 2014, confirming the latest delay for the controversial reactor site.    Wednesday , 21 Dec 2011

Yesterday's Top Story: 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

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

 

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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

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Editor in Chief

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