Thursday, January 12, 2012

MINEWEB.COM'S TOP STORIES: MSHA has Hecla close its flagship silver mine for a year - shares dive

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TOP STORIES | Thursday , 12 Jan 2012                                                     

MSHA has Hecla close its flagship silver mine for a year - shares dive

Hecla officials reduced 2012 silver guidance from 9.5 million ounces to 7 million ounces due to the year-long closure of the Lucky Friday mine instigated at the behest of MSHA.    Thursday , 12 Jan 2012

Platinum price looking cheap but Europe still with swing vote

Analysts say that platinum looks cheap at current levels, especially given recent supply constraints, but concern about growth in Europe is keeping investors cautious    Wednesday , 11 Jan 2012

Yamana Gold forecasts 13% increase in GEO production in 2012

Yamana Gold reported total gold equivalent ounce production of 1.1 million ounces in 2011, consisting of 915,513 ounces of gold and 9.3 million ounces of silver.    Thursday , 12 Jan 2012

Verde Potash touts 2.7 billion tonne K2O resource in Brazil

Analysts eye Verde's coming commercialization tests and scoping study as a measure of the junior's potential for success in the potash sector.    Wednesday , 11 Jan 2012

Investors looking for earnings from their gold stocks - Coffin

After a year of transition for gold equities, Eric Coffin expects investors will continue their search for dividends, especially if bullion prices remain elevated.    Wednesday , 11 Jan 2012

Exxaro Bids R2.7bn for African Iron

Exxaro makes it clear that while dividends are good, it wants to manage its own operations; analysts like the infrastructure parts of the deal.    Wednesday , 11 Jan 2012

Good time to look for gold stocks with good stories - Niehuser

Volatility in the markets isn't going away any time soon and Mike Niehuser expects 2012 to be a year of extreme swings. Niehuser shares his market outlook with The Gold Report.    Thursday , 12 Jan 2012

Jaguar Mining open to possible merger offers

The gold miner, with operations in a prolific greenstone belt in Minas Gerais, Brazil, says it has identified and executed confidentiality agreements with interested parties for a potential merger.    Thursday , 12 Jan 2012

Australia's ERA expects flooding to hit uranium output again

The company warned on Thursday that recent flooding caused by heavy rainfall in northern Australia will continue to restrict its uranium production for the year.    Thursday , 12 Jan 2012

Cyclone batters Australia's iron ore export terminals

Australia's Port Hedland, exporting around 240 million tonnes of iron ore a year, has been closed until tropical cyclone Heidi passes over.    Thursday , 12 Jan 2012

Heavy rains impact Vale's Brazil iron ore shipments

The iron ore miner halted some of its shipments from Brazil on Wednesday as heavy rains continued to affect its operations in the southeastern region of the country.    Thursday , 12 Jan 2012

China's Nov gold output up 2.7% - govt

The latest figures released by the Ministry of Industry and Information Technology show that the country's gold output rose 2.7% to 32.61 tonnes in November.    Thursday , 12 Jan 2012

ABB wins key undersea mining electrical equipment contract

Multinational electrical specialist ABB has won a key contract to supply key medium voltage power technology for one of the world's first commercial undersea mining projects.    Wednesday , 11 Jan 2012

Yesterday's Top Story: Canada's regulatory system 'broken' - Resources minister

Canada's Natural Resources Minister says environmental and other radical groups are hijacking Canada's regulatory system with the financial help of jet-setting U.S. celebrities and other foreign interests.    Wednesday , 11 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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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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