Tuesday, January 17, 2012

MINEWEB.COM'S TOP STORIES: India's quest for coal just beginning

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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

 

FEATURED PODCAST                                                     

China's role in base metal markets - Macquarie

Macquarie's Duncan Hobbs looks at the likely impact of China's growth outlook on base metals demand.
 

TOP STORIES | Tuesday , 17 Jan 2012                                                     

India's quest for coal just beginning

While it is the private companies that made most of the acquisitions in the international coal market last year, there is no shortage of money in the war chests of India's state-owned coal firms    Tuesday , 17 Jan 2012

Unigold drills 73m at 2.36 g/t gold - shares skyrocket

A strong gold exploration drill result at a project in the Dominican Republic propelled Unigold shares to lofty heights on Monday    Monday , 16 Jan 2012

REE junior jumps on exploration results

Ucore Rare Metals plowed through the market gates on Monday following the release of rare earth exploration results from Alaska.    Tuesday , 17 Jan 2012

If there ever was a time for investment in gold and gold stocks, it is now - Stephenson

When it comes to picking gold mining names in the current market environment, John Stephenson believes that buying quality is the way to go and predicts $2500 gold this year.    Tuesday , 17 Jan 2012

India's rich eye gold

The emergence of young, entrepreneurial high networth individuals in India is leading to a more diverse investment appetite, with gold linked debentures and gold ETFs high on the list.    Monday , 16 Jan 2012

Rio Tinto's Q4 iron ore production up 2%

The miner posted a lower-than-expected 2% rise in its fourth-quarter iron ore production from a year ago, but stated its Australian coal operations improved following first half flooding.    Tuesday , 17 Jan 2012

Race for Australian mine assets heats up

In what is likely to be upbeat year for Australian mining M&A, some large Asian and U.S. companies are ready to bet on the country's coal, iron ore and uranium assets to meet booming demand for power.    Tuesday , 17 Jan 2012

Mercator Minerals to grow copper-equivalent production in 2012

The company produced 80.3 million pounds copper equivalent and 7 million pounds of molybdenum in concentrates from its Mineral Park mine in Arizona and is eyeing higher production this year.    Tuesday , 17 Jan 2012

Neves-Corvo lifts Lundin Mining's Q4 copper output

Helped partly by strong results at its Neves-Corvo mine in Portugal, Lundin Mining saw a 10% increase in its fourth quarter copper output.    Tuesday , 17 Jan 2012

ThyssenKrupp nears sale of stainless steel unit - sources

A ThyssenKrupp source with knowledge of the process said Monday the debt-burdened steel group is close to selling its stainless steel unit, with a deal likely to come as early as February.    Tuesday , 17 Jan 2012

Xstrata sells 2 S.Africa collieries to Imbawula

The company has sold its Spitzkop and Tselentis coal collieries in South Africa to the Imbawula group for an undisclosed amount, adding that there would be no job losses as a result of the deal.    Tuesday , 17 Jan 2012

Q4 production jumps 62% - Uranium One

Shares in the miner were up 9.3% on Monday on the Toronto Stock Exchange after it reported a 62% rise in its fourth quarter uranium production.    Tuesday , 17 Jan 2012

Fortescue's Dec quarter iron ore shipments jump 19%

The company's December-quarter iron ore shipments rose 19% from the previous quarter to 14.8 million tonnes as it continued to expand operations in Australia, beating its own guidance.    Tuesday , 17 Jan 2012

Inmet Mining eyes 18% rise in 2012 copper production

Inmet expects to produce at least 18% more copper this year from its three mines in Turkey, Spain and Finland, up from the 84,800 tonnes produced in 2011.    Tuesday , 17 Jan 2012

Ex Areva boss defends UraMin purchase

Former Areva boss, Anne Lauvergeon, defended her decision to purchase miner UraMin on Monday, saying the deal was fairly priced and was needed to diversify the company's geographical footprint.    Tuesday , 17 Jan 2012

Yesterday's Top Story: Good African gold and copper mining juniors offer serious opportunities: Welch

Recent trips to Africa have bolstered Chris Welch's conviction that mining plays in Africa are being overlooked, but it's not too late for investors to get in on the ground floor.    Monday , 16 Jan 2012

PODCASTS / RADIO                                                     

Dividends, porphyry and the changing nature of gold stocks - Coffin

HRA's Eric Coffin speaks about the normalisation of the gold sector, the stigma of copper and why cash burn is likely to be an issue this year.

Copper demand, Chinese growth and the platinum:gold ratio

Nic Brown looks at how China's new 5-year plan is likely to impact base metals markets, why copper should end the year in deficit and why platinum is so much cheaper than gold.

Politics, printing money and gold in 2012 - Grant Williams

A look at some of the major potential talking points for 2012, from the US election to oil in the Middle East and how these could affect gold

 

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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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