Tuesday, December 6, 2011

MINEWEB.COM'S TOP STORIES: Rye Patch seizes golden opportunity on Coeur d'Alene's claim snafu

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FEATURED PODCAST                                                     

Silver producers being held hostage - Sprott

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
 

TOP STORIES | Tuesday , 06 Dec 2011                                                     

Rye Patch seizes golden opportunity on Coeur d'Alene's claim snafu

Coeur d'Alene Mines, a major silver miner in the U.S., said it had failed to pay maintenance fees on claims covering part of its Rochester silver-gold property, which Rye Patch Gold now says it controls.    Tuesday , 06 Dec 2011

Über BC mining entrepreneur Beaty boosts Lumina Copper holdings

Ross Beaty--the renowned darling of primary silver mining and budding alternate energy entrepreneur--still has a thing for copper, specifically his own Lumina Copper.    Tuesday , 06 Dec 2011

New agreements extract big bucks from foreign mining operators in Ecuador

Despite a legally untested new mining regime, Ecuador's government is succeeding in extracting hefty concessions from mining companies wishing to develop mining projects in Ecuador.    Tuesday , 06 Dec 2011

Balmoral jumps on Martiniere gold intercepts

Balmoral Resources was off to a good start on Monday as its shareprice climbed on news of gold discoveries from a recent drilling program at its Martiniere project.    Monday , 05 Dec 2011

Indian homes hold gold worth $950 billion

Gold buying in India remains strong but the amount of hoarding of the precious metal that is evident, even in times of crisis, worries some economists.    Monday , 05 Dec 2011

Gold Fields' Ghana US$1 bn gold projects at risk

Gold Fields CEO, Nick Holland, says the group's investment plans for the country could suffer if it cannot work out a satisfactory tax deal with Ghana    Monday , 05 Dec 2011

New report confirms gold as an excellent portfolio diversifier

New research confirms gold's unique role as a diversifier and foundation asset in the portfolios of euro-based investors, especially at a time of heightened currency and investment risk.    Tuesday , 06 Dec 2011

Diamond appetite to outpace supply growth to 2020 - Bain

Management consulting firm, Bain & Company, said Tuesday in a report that demand for diamonds will grow 6.6% CAGR to 2020, boosted by Asian demand.    Tuesday , 06 Dec 2011

Anglo American approves $1.7bn Queensland coal project

The $1.7 billion Grosvenor metallurgical coal project in Queensland is part of the group's strategy of tripling production of metallurgical coal from its Australian assets by 2020.    Tuesday , 06 Dec 2011

Goldcorp lifts annual dividend by 32%

Vancouver-based Goldcorp raised its annual dividend by 32% to 54 cents a share, its third increase in 13 months.    Tuesday , 06 Dec 2011

Bakrie Group plans $1bn resource investment in Nigeria

The Indonesian firm will establish a joint venture vehicle to invest $1 billion in mining, gas and agriculture in Nigeria over a five-year period.    Tuesday , 06 Dec 2011

Peru's security forces enforce measures to end mine protests

Security forces kept watch in Peru's Cajamarca region on Monday to enforce emergency measures decreed by the President to put an end to protests against Newmont's Conga gold project.    Tuesday , 06 Dec 2011

Xstrata's Ernest Henry underground pit delivers first copper

The company reported Tuesday that it had started producing copper from its newly developed underground pit at its Ernest Henry mine site in Australia.    Tuesday , 06 Dec 2011

Global Witness calls 'blood diamond' scheme a failure, pulls out

The Kimberley Process diamond watchdog has come under attack from NGO Global Witness calling it a failure and has withdrawn from being an official observer.    Monday , 05 Dec 2011

Yesterday's Top Story: Gold:silver ratio to fall and potentially explosive move ahead for gold: Chen Lin

In a tough year for precious metals stocks, smart investors should be looking for promising stories as others decide to clean house for tax purposes. Chen Lin talks to The Gold Report    Saturday , 03 Dec 2011

PODCASTS / RADIO                                                     

Gold, Europe and the possibility of a euro break up

Investment consultant, Rick Schmull looks at the likelihood of a Eurozone break up and what that might mean for commodities

Mining exploration trends - Jason Goulden, MEG

On the release of Metals Economics Group's Corporate Exploration Strategies, Jason Goulden looks at why green fields exploration is falling and where companies are looking for new ounces

Resting platinum's hopes on jewellery -Atkins

Macquarie's Hayden Atkins says the starting point for the platinum sector going into 2012 is fairly weak, so much of the hope rests with jewellery

 

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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