| 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 | | | | 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 | | | | | TOP STORIES | Thursday , 08 Dec 2011 | | Peru's mining ministry says lead and zinc output plunged in October 2011. Thursday , 08 Dec 2011 | | Intrepid Mines said its Tumpangpitu project has grown to 1.7 billion tonnes and holds 15 billion pounds copper and 25 million ounces gold. Thursday , 08 Dec 2011 | | As Zoe silver-gold mineralization drops below 400 metres, Extorre Gold Mines eyes the potential of other zones at Cerro Moro to follow suit. Wednesday , 07 Dec 2011 | | Recent management changes and comments made by CEO, Marius Kloppers, have fanned speculation the miner could move to sell less profitable assets to better exploit its high performers. Thursday , 08 Dec 2011 | | While much focus is being placed on the current financial crisis, long term growth in China and other parts of Asia will see demand for the metal continue to grow Thursday , 08 Dec 2011 | | With India set to auction off as many as 58 coal blocks to the highest bidder, Vedanta has thrown its hat in the ring. Wednesday , 07 Dec 2011 | | The difficulties junior and mid-cap miners are having in raising capital are creating great low-cost opportunities for funds like Blackrock to invest. Wednesday , 07 Dec 2011 | | Trading in Australia's Extract Resources was halted on Thursday ahead of a possible Chinese takeover of its top shareholder Kalahari Minerals, which could trigger a bid for the miner. Thursday , 08 Dec 2011 | | Vale's executive director of iron ore and strategy, Jose Carlos Martins, reckons only time will tell if China will allow its giant iron ore ships to dock at its ports but stands by its shipping strategy. Thursday , 08 Dec 2011 | | The company said Thursday annual production is likely to be 130,000-135,000 ounces of gold, down from the 140,000 ounces expected earlier. Thursday , 08 Dec 2011 | | While waiting for a planned railway, the global miner has suggested to the government of Guinea that it initially transport iron ore from its Simandou project by truck. Thursday , 08 Dec 2011 | | Ecuador's government expects to sign an operating contract with Kinross Gold by mid-January after the miner agreed to pay $65 million in royalties in advance. Thursday , 08 Dec 2011 | | The company has acquired a 43.66% stake in Umcebo Mining, an unlisted South African coal mining business, for R900 million. Wednesday , 07 Dec 2011 | | In what unions said was a protest against job insecurity, thousands of ArcelorMittal workers were staging strikes and demonstrations at some of its European operations. Wednesday , 07 Dec 2011 | | After being detained for 10 hours before being released, two high-profile protest leaders at Newmont's Conga mine claim they were "practically kidnapped" by Peruvian counterterrorism police. Wednesday , 07 Dec 2011 | | An analysis of how the gold price is determined at the London Fix and on COMEX and which is the more significant in driving the gold price. Tuesday , 06 Dec 2011 | | According to Standard Bank's Vaughn Wickens, there is financing available for mines but, companies have to have the basics covered. | | 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. | | Sprott Asset management, CEO, Eric Sprott says that silver producers are being hurt by the volatility in the paper silver market and need to help ensure that the physical market rules the price | | |
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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). | | | | | | | | | | | | | | | | | FEATURED
COMPANY | 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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