Monday, December 12, 2011

MINEWEB.COM'S TOP STORIES: One of largest U.S. land sales ever targeted for mining, geothermal exploration

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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 | Monday , 12 Dec 2011                                                     

One of largest U.S. land sales ever, targeted for mining, geothermal exploration

A small privately owned investment company has bought the mineral rights of 1.2 million acres of "sizable mineral estate" in Nevada, which once belonged to Newmont Mining.    Monday , 12 Dec 2011

Peru's Humala appoints new mines minister

The Peruvian president has elected Jorge Humberto Merino to replace Carlos Herrera as the country's mines and energy minister.    Monday , 12 Dec 2011

Strait Gold gets nod from Teck with $30m earn-in, premium financing

Strait Gold and Teck inked an option agreement covering the junior's Alicia property in an alley of porphyry giants in Peru.    Saturday , 10 Dec 2011

Lundin Mining reveals 2012-2014 production guidance

Lundin Mining forecasts a 25% increase in total copper production by 2014, with both zinc and nickel output also expected to increase.    Monday , 12 Dec 2011

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

Is gold selling and leasing by banks on the rise?

Julian Phillips looks at possible reasons behind the lending of gold into the markets last week, who the culprits might be and what the implications of such action are    Sunday , 11 Dec 2011

Gold bar sales outstripping jewellery in India

Retail demand for kilo and 100 gram gold bars is not just limited to India rich anymore, as savvy investors buy gold bars on dips and sell them for a profit.    Friday , 09 Dec 2011

India's coal imports jump

Coal imports in September rose 51% from a year ago period to 2.65 million tonnes, with the country deliberating importing large quantities of the fuel.    Friday , 09 Dec 2011

Luna Gold bags 3.2 million ounces gold resource, looks to expand production

Luna Gold is looking at expansion plans at its Aurizona mine in Brazil after it put together a resource estimate that increased gold resources by some 250%.    Friday , 09 Dec 2011

India's Orissa halts issuance of iron ore export permits at 2 ports

The iron ore producing state has stopped issuing export permits for cargoes shipped through two small ports after they failed to cooperate on a state-led investigation into illegal mining.    Monday , 12 Dec 2011

Whitehaven Coal takes over Aston Resources in a $2.5bn deal

Australia's Whitehaven Coal agreed a $2.5 billion takeover of Aston Resources and a local coal explorer on Monday, creating a tie-up set to tap into the booming Asian demand for coal.    Monday , 12 Dec 2011

Minmetals to develop new Australia zinc mine before Century runs dry

The company has approved A$157 million in pre-development work for the Dugald River zinc mine in Australia to replace its Century mine which will be permanently closed around 2015.    Monday , 12 Dec 2011

Weekend Top Story: 3 criteria for EU QE and why it would be explosive for gold

UBS believes that if three criteria are filled over the coming months, Europe could well see quantitative easing and that would be very good for gold.    Friday , 09 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
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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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