Wednesday, November 30, 2011

MINEWEB.COM'S TOP STORIES: Pretium's Quartermain sets stage for high grade Brucejack gold mine

Mineweb logo
 

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                                                     

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
 

TOP STORIES | Wednesday , 30 Nov 2011                                                     

Pretium's Quartermain sets stage for high grade Brucejack gold mine

Pretium's president and CEO takes Mineweb through the company's plans for its Brucejack mine a day after it released a new, improved resource estimate    Wednesday , 30 Nov 2011

Alternative financing for mining projects growing as equity funding slows

Experts insist financing is available for good mining projects, but not always from traditional equity markets, such as stock exchanges.    Wednesday , 30 Nov 2011

The people vs gold - a global battleground

Recent public opposition to gold mining developments in Peru and in Bulgaria are indicative of a trend towards opposition to new mines which are accused of threatening water supplies.    Tuesday , 29 Nov 2011

Vast majority of mining projects experience steeper cost over-runs

Mining companies need to admit that a 10% cost overrun for mining projects has become an anachronism as more and more projects are coming in way over budget.    Wednesday , 30 Nov 2011

Politicians are good for gold

Democracy tends to lead to the serious decisions that need to be made to solve the world's economic crisis to be deferred and fudged and gold may be the investor's only saviour.    Wednesday , 30 Nov 2011

Bayfield Ventures hits more high-grade gold next to Rainy River

Bayfield Ventures' shareprice leaps on broad high-grade gold-silver intercepts on property adjacent to Rainy River Resources' 4.4 million ounce gold deposit.    Tuesday , 29 Nov 2011

BHP thinking of selling diamond assets

The transnational miner said Tuesday it is considering whether or not a continued presence in the diamond industry is consistent with its strategy.    Tuesday , 29 Nov 2011

AngloGold upgrades Tropicana resource statement 20%

The gold digger said Tuesday it has increased the mineral resource statement for its Tropicana gold project by 1.05m ounces    Tuesday , 29 Nov 2011

Kumba employees receive R2.6bn

The South African iron ore miner's Envision empowerment scheme is set to pay out just over R2.6bn to 6209 employees    Tuesday , 29 Nov 2011

Gold vs the dollar as the Eurozone wilts

Given the turmoil in European markets, David Levenstein looks at why the price of gold is not higher    Tuesday , 29 Nov 2011

Newmont suspends Conga works for safety reasons

For the safety of employees and the local community, Newmont Mining has suspended construction work at its Conga project, adding it will continue to engage in peaceful talks.    Wednesday , 30 Nov 2011

Australia's Western Areas in short-term nickel deal with Jinchuan

The companies are finalising the terms of a short-term deal which will see Jinchuan receive up to 15,000 t of nickel in concentrate over a one-year period starting next March.    Wednesday , 30 Nov 2011

India seeks uranium mining assets

In a bid to increase its nuclear generation capacity to 60 gigawatts by 2030, India is looking to buy mines in South Africa, Kazakhstan and even Australia.    Tuesday , 29 Nov 2011

Yesterday's Top Story: Pretium leaps on huge Brucejack gold-silver resource upgrade

Pretium added some 4 million ounces gold in measured and indicated resources to its high-grade Brucejack project, all the while pushing grade to over 16 g/t gold.    Monday , 28 Nov 2011

PODCASTS / RADIO                                                     

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

Uncertain times for markets make for nervous gold investors - Turner

" The market is nervous and there's a chance of year-end book squaring, but medium term, the solution to the world's debt problems will probably be inflationary and that's good for gold investment."

Mineweb is the world's top mining and mining investment news website and is read in over 200 countries daily by mining company executives, financiers and investors.  According to independently published global website analysis, Mineweb is ranked far higher in terms of daily readership than any other directly competitive website.

Mineweb is updated around the clock, so to keep abreast of news throughout the day we suggest you do check our homepage for updates - www.mineweb.com

Follow mining news updates on Twitter http://twitter.com/Mineweb

Mineweb's iPad app is now available! Go to www..mineweb.com/apps or to the Apple app store to download it.

 

CONFERENCES

2011 NWMA Mining Conference and Exhibition
Date: 27 November 2011 - 02 December 2011
Venue: John Ascuaga's Nugget Hotel, Reno, USA
Important regional conference and exhibition being held in Reno this year. Mineweb's Dorothy Kosich will be attending. Read More

FEATURED
COMPANY

View more featured mining companies

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

Sales and Marketing
Jan Chadwick, International
Wendy Hora, Australasia

Production

Lindiwe Molekoa, Johannesburg

Editor in Chief

Alec Hogg, Mooi River, SA

 

   Manage your subscription | Subscriber help

   If you can't access the Mineweb site from this email, please email us with the words "Problem email" in the
   subject line, and we will address the problem.

   You have voluntarily joined this mailing list. To unsubscribe, please click here

   © Mineweb 2010 | Terms and Conditions of use | About Mineweb | Contact Mineweb | Advertise

Tuesday, November 29, 2011

MINEWEB.COM'S TOP STORIES: Vale board approves US$21.4bn investment budget for 2012

Mineweb logo
 

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                                                     

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
 

TOP STORIES | Tuesday , 29 Nov 2011                                                     

Vale board approves US$21.4bn investment budget for 2012

Iron ore gets the lion's share of Vale's project capex budget next year, with the bulk of investment allocated to Brazilian projects and operations.    Tuesday , 29 Nov 2011

Pretium leaps on huge Brucejack gold-silver resource upgrade

Pretium added some 4 million ounces gold in measured and indicated resources to its high-grade Brucejack project, all the while pushing grade to over 16 g/t gold.    Monday , 28 Nov 2011

Molycorp, Daido, Mitsubishi form next generation rare earth magnets JV

Molycorp has formed a joint venture with Daido Steel and Mitsubishi to manufacture next generation NdFeB permanent rare earth magnets    Tuesday , 29 Nov 2011

Antogafasta/Barrick JV begins arbitration over Reko Diq gold dispute

The JV reports it has begun international arbitration proceedings to protect its rights after its Reko Diq project lease application was rejected.    Tuesday , 29 Nov 2011

India's silver imports set to slide

Silver imports into India are expected to be marginally lower in 2011 than last year's 3030 tonnes, despite the drop in silver prices    Monday , 28 Nov 2011

Cameco retreats from Hathor takeover battle

Ending speculation it might want to keep Rio Tinto out of the Athabasca Basin, Cameco said it would not offer more for Hathor.    Monday , 28 Nov 2011

Counter economic turmoil to come with gold - Williams

ShadowStats' John Williams contends that turning to gold, silver and strong foreign currencies would protect wealth from the turmoil ahead.    Tuesday , 29 Nov 2011

Indian consortium bags Afghan's Hajigak iron ore deposits

Seven Indian firms have won three of the four blocks on offer in Afghanistan and provides India with a much firmer foothold in the country    Monday , 28 Nov 2011

Mining quietly happy about New Zealand election outcome

The John Key-led National Party Government has retained power following the weekend election that hit the major opposition party hard.    Monday , 28 Nov 2011

Are the days of gold as collateral getting closer?

While a return to the gold standard of old seems unlikely, Julian Phillips believes that the global economy is going to increasingly use the metal as collateral    Monday , 28 Nov 2011

AngloGold Ashanti walking the safety talk

The group's 2007 target of reducing fatalities by 70% by 2012 could hopefully be reached a year early, but there is still a lot of work to be done    Monday , 28 Nov 2011

S. Africa's ANC to redraft mine nationalisation report

The country's ruling party has returned a long-awaited report on mine nationalisation for redrafting and expects it to be completed early in the New Year.    Tuesday , 29 Nov 2011

Japan's Marubeni to double stake in Canadian aluminium smelter

The company will spend $180 million to double its stake in the Aluminerie Alouette aluminium smelter to 13.33%.    Tuesday , 29 Nov 2011

Yesterday's Top Story: Sky's the limit for gold and silver with unlimited liquidity - Maund

Clive Maund details the scenario he sees for economic collapse and inflation which could be very positive for gold and silver. Gold Report interview.    Monday , 28 Nov 2011

PODCASTS / RADIO                                                     

Uncertain times for markets make for nervous gold investors - Turner

" The market is nervous and there's a chance of year-end book squaring, but medium term, the solution to the world's debt problems will probably be inflationary and that's good for gold investment."

Bullish on iron ore but large uncertainties remain - Henderson

JP Morgan's Ian Henderson says, over the next few years significant weakness in the iron ore market is unlikely but, the state of the global financial world means uncertainties abound

World gold demand trends for Q3 - Marcus Grubb

Investment demand for the yellow metal surged during the third quarter, especially in Europe, but, greater changes are afoot in the greater global gold market.

Mineweb is the world's top mining and mining investment news website and is read in over 200 countries daily by mining company executives, financiers and investors.  According to independently published global website analysis, Mineweb is ranked far higher in terms of daily readership than any other directly competitive website.

Mineweb is updated around the clock, so to keep abreast of news throughout the day we suggest you do check our homepage for updates - www.mineweb.com

Follow mining news updates on Twitter http://twitter.com/Mineweb

Mineweb's iPad app is now available! Go to www..mineweb.com/apps or to the Apple app store to download it.

 

CONFERENCES

2011 NWMA Mining Conference and Exhibition
Date: 27 November 2011 - 02 December 2011
Venue: John Ascuaga's Nugget Hotel, Reno, USA
Important regional conference and exhibition being held in Reno this year. Mineweb's Dorothy Kosich will be attending. Read More

FEATURED
COMPANY

View more featured mining companies

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

Sales and Marketing
Jan Chadwick, International
Wendy Hora, Australasia

Production

Lindiwe Molekoa, Johannesburg

Editor in Chief

Alec Hogg, Mooi River, SA

 

   Manage your subscription | Subscriber help

   If you can't access the Mineweb site from this email, please email us with the words "Problem email" in the
   subject line, and we will address the problem.

   You have voluntarily joined this mailing list. To unsubscribe, please click here

   © Mineweb 2010 | Terms and Conditions of use | About Mineweb | Contact Mineweb | Advertise

Monday, November 28, 2011

MINEWEB.COM'S TOP STORIES: Gold equities, bullion provide safe passage through unchartered waters

Mineweb logo
 

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 , 28 Nov 2011                                                     

Gold equities, bullion provide safe passage through unchartered waters

According to Dundee Securities, gold equities and bullion have provided a safe haven over the last few months and are expected to continue doing so into 2012    Monday , 28 Nov 2011

Sky's the limit for gold and silver with unlimited liquidity - Maund

Clive Maund details the scenario he sees for economic collapse and inflation which could be very positive for gold and silver. Gold Report interview.    Monday , 28 Nov 2011

Land consolidation plans do not include Galway - CB Gold

CB Gold is on the move in the Vetas mining district, saying it is 'aggressively' pursuing land consolidation. But such plans do not involve Galway it says.    Saturday , 26 Nov 2011

Rare earths data: a key factor in investment decisions

Many variables are shaping this developing market and data makes the difference in determining viable investments. Critical Metals report interview with Gareth Hatch.    Friday , 25 Nov 2011

Nautilus boosts Solwara 1 resource estimate

Nautilus Minerals makes progress at Solwara as it moves towards mining its subsea polymetallic copper-gold-silver-zinc deposits.    Friday , 25 Nov 2011

Codelco determined to guard "value" of Anglo option

The copper producer said Friday any deal with Anglo would have to safeguard the value of the disputed properties    Saturday , 26 Nov 2011

First shipment of repatriated gold lands in Venezuela

The first shipment of gold bars to return to Venezuela since resident Hugo Chavez ordered almost all of the country's foreign bullion reserves be repatriated, arrived on Friday    Saturday , 26 Nov 2011

Volatility, Europe and currency concerns bring investors back to gold

Frank Holmes believes that the technocrat circus playing out in Europe and strong Asian demand are likely to feed gold's fear and love trades respectively    Friday , 25 Nov 2011

Randgold cuts 2011 output target on Tongon setbacks

The gold miner has revised its 2011 output target after difficult conditions at its Tongon mine in Ivory Coast persisted into the fourth quarter.    Monday , 28 Nov 2011

Rio Tinto shrugs off China's slowing steel demand

The company said on Monday an upward trend in China's demand for more imported iron ore was intact despite signs of softening steel production.    Monday , 28 Nov 2011

BHP Billiton's CFO quits, top pool expands

The company announced on Monday the surprise retirement of its chief financial officer, Alex Vanselow, who will be replaced by Australian Graham Kerr.    Monday , 28 Nov 2011

Global commodities customers more cautious - Rio Tinto

CEO Tom Albanese said Monday, ongoing stresses in the euro zone and a weaker outlook for the U.S. economy are affecting customer sentiment.    Monday , 28 Nov 2011

Peruvian police break up protest at Newmont gold mine

Police fired teargas to break up a protest at Newmont's Conga mine; protesters want assurance from President Humala to address fears the mine will hurt nearby water supplies    Saturday , 26 Nov 2011

Weekend Top Story: Good juniors struggle as investors 'hit tank button'

Juniors are having a tough time making gains as gloomy markets slide and investors sell their positions even on good news.    Friday , 25 Nov 2011

PODCASTS / RADIO                                                     

Uncertain times for markets make for nervous gold investors - Turner

" The market is nervous and there's a chance of year-end book squaring, but medium term, the solution to the world's debt problems will probably be inflationary and that's good for gold investment."

Bullish on iron ore but large uncertainties remain - Henderson

JP Morgan's Ian Henderson says, over the next few years significant weakness in the iron ore market is unlikely but, the state of the global financial world means uncertainties abound

World gold demand trends for Q3 - Marcus Grubb

Investment demand for the yellow metal surged during the third quarter, especially in Europe, but, greater changes are afoot in the greater global gold market.

Mineweb is the world's top mining and mining investment news website and is read in over 200 countries daily by mining company executives, financiers and investors.  According to independently published global website analysis, Mineweb is ranked far higher in terms of daily readership than any other directly competitive website.

Mineweb is updated around the clock, so to keep abreast of news throughout the day we suggest you do check our homepage for updates - www.mineweb.com

Follow mining news updates on Twitter http://twitter.com/Mineweb

Mineweb's iPad app is now available! Go to www..mineweb.com/apps or to the Apple app store to download it.

 

CONFERENCES

2011 NWMA Mining Conference and Exhibition
Date: 27 November 2011 - 02 December 2011
Venue: John Ascuaga's Nugget Hotel, Reno, USA
Important regional conference and exhibition being held in Reno this year. Mineweb's Dorothy Kosich will be attending. Read More
San Francisco Hard Assets Investment Conference
Date: 27 November 2011 - 28 November 2011
Venue: San Francisco Marriott, USA
The San Francisco Hard Assets Investment Conference offers the attendee advice on resouce sector investment and the chance to meet many of the companies involved. Read More

FEATURED
COMPANY

View more featured mining companies

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

Sales and Marketing
Jan Chadwick, International
Wendy Hora, Australasia

Production

Lindiwe Molekoa, Johannesburg

Editor in Chief

Alec Hogg, Mooi River, SA

 

   Manage your subscription | Subscriber help

   If you can't access the Mineweb site from this email, please email us with the words "Problem email" in the
   subject line, and we will address the problem.

   You have voluntarily joined this mailing list. To unsubscribe, please click here

   © Mineweb 2010 | Terms and Conditions of use | About Mineweb | Contact Mineweb | Advertise

Friday, November 25, 2011

MINEWEB.COM'S TOP STORIES: Good juniors struggle as investors 'hit tank button'

Mineweb logo
 

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 | Friday , 25 Nov 2011                                                     

Good juniors struggle as investors 'hit tank button'

Juniors are having a tough time making gains as gloomy markets slide and investors sell their positions even on good news.    Friday , 25 Nov 2011

Temporary platinum amnesia

While interest in platinum is largely absent currently, the price is falling to levels where, perhaps, value is beginning to show.    Friday , 25 Nov 2011

Prospero Silver bets on Magistral gold-silver extensions in Mexico

Prospero is hoping that buried structures, identified using geophycial data, turn out to be the Magistral vein system - and more gold-silver mineralization.    Friday , 25 Nov 2011

Will gold fall to $1500 and if so, where does it go from there?

The threat of a fall in the gold price to $1,500 appears real at present but if it does occur is likely to be brief.    Thursday , 24 Nov 2011

Rio Tinto, Chinalco JV to hunt for copper in China

Rio Tinto said on Friday it will initially explore for copper in China under a newly-formed partnership with Chinalco before branching out into other commodities.    Friday , 25 Nov 2011

South Africa's key policies need clarity - ANC's Phosa

The ruling ANC's treasurer general, Mathews Phosa, said Thursday the country needs to clarify its position on key policy issues such as nationalisation to restore foreign investor confidence.    Friday , 25 Nov 2011

Ecuador govt. "within days" of signing key mining contracts

Ecuador's President Rafael Correa says his government is close to signing major contracts with mining companies to develop large copper/gold projects.    Friday , 25 Nov 2011

Tito Martins appointed Vale's CFO

The board of Brazilian miner, Vale, appointed Tito Martins, formerly head of the group's base metal operations, to the post of chief financial officer Thursday.    Friday , 25 Nov 2011

Peru's leftists blast Humala over Newmont mine

Opponents of Newmont's proposed Conga gold mine in Peru have accused President Ollanta Humala of abandoning his leftist roots by supporting the project.    Friday , 25 Nov 2011

Codelco willing to deal with Anglo over Chile mine

The miner has signalled it is willing to come to a financial settlement with Anglo American in a spat over the latter's southern Chilean copper assets.    Friday , 25 Nov 2011

CoAL signs MOA with environmentalists

Shares in Coal of Africa jumped as much as 10% on the news it had signed a deal with the environmental groups trying to stop operations at its Vele Colliery    Thursday , 24 Nov 2011

South Africa's ANC considering export levy proposal

South Africa's ruling party is said to be considering a draft proposal outlining, among other things, an export levy to ensure security of commodity supply    Thursday , 24 Nov 2011

Yesterday's Top Story: Royal Canadian Mint gold ETRs IPO resounding success

In only three weeks, the new Royal Canadian Mint gold ETRs IPO has raised C$600M, more than double that originally anticipated.    Thursday , 24 Nov 2011

PODCASTS / RADIO                                                     

Uncertain times for markets make for nervous gold investors - Turner

" The market is nervous and there's a chance of year-end book squaring, but medium term, the solution to the world's debt problems will probably be inflationary and that's good for gold investment."

Bullish on iron ore but large uncertainties remain - Henderson

JP Morgan's Ian Henderson says, over the next few years significant weakness in the iron ore market is unlikely but, the state of the global financial world means uncertainties abound

World gold demand trends for Q3 - Marcus Grubb

Investment demand for the yellow metal surged during the third quarter, especially in Europe, but, greater changes are afoot in the greater global gold market.

Mineweb is the world's top mining and mining investment news website and is read in over 200 countries daily by mining company executives, financiers and investors.  According to independently published global website analysis, Mineweb is ranked far higher in terms of daily readership than any other directly competitive website.

Mineweb is updated around the clock, so to keep abreast of news throughout the day we suggest you do check our homepage for updates - www.mineweb.com

Follow mining news updates on Twitter http://twitter.com/Mineweb

Mineweb's iPad app is now available! Go to www..mineweb.com/apps or to the Apple app store to download it.

 

CONFERENCES

2011 NWMA Mining Conference and Exhibition
Date: 27 November 2011 - 02 December 2011
Venue: John Ascuaga's Nugget Hotel, Reno, USA
Important regional conference and exhibition being held in Reno this year. Mineweb's Dorothy Kosich will be attending. Read More
San Francisco Hard Assets Investment Conference
Date: 27 November 2011 - 28 November 2011
Venue: San Francisco Marriott, USA
The San Francisco Hard Assets Investment Conference offers the attendee advice on resouce sector investment and the chance to meet many of the companies involved. Read More

FEATURED
COMPANY

View more featured mining companies

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

Sales and Marketing
Jan Chadwick, International
Wendy Hora, Australasia

Production

Lindiwe Molekoa, Johannesburg

Editor in Chief

Alec Hogg, Mooi River, SA

 

   Manage your subscription | Subscriber help

   If you can't access the Mineweb site from this email, please email us with the words "Problem email" in the
   subject line, and we will address the problem.

   You have voluntarily joined this mailing list. To unsubscribe, please click here

   © Mineweb 2010 | Terms and Conditions of use | About Mineweb | Contact Mineweb | Advertise