Friday, January 6, 2012

MINEWEB.COM'S TOP STORIES: Newmont stresses huge Conga copper-gold mine community benefits

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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

 
 

TOP STORIES | Friday , 06 Jan 2012                                                     

Newmont stresses huge Conga copper-gold mine community benefits

Newmont has released details regarding the positive social and environmental investments made in the controversial Conga copper-gold project in Peru.    Friday , 06 Jan 2012

Silver-gold smoker drilled by Brixton in B.C.

A hot drillhole showing strong gold and silver grades with base metals helped catapult Brixton Metals' shareprice more than 50 percent.    Friday , 06 Jan 2012

Alcoa cuts global smelting capacity 12% on low prices

In what CEO Klaus Kleinfeld described as "difficult but necessary steps", Alcoa has announced plans to cut its global smelting capacity by 12% due to low metal prices.    Friday , 06 Jan 2012

EPA says metals mining still largest U.S. toxic releases generator

Despite U.S. hardrock mining's efforts to limit pollution, naturally occurring substances in minerals and metals still deliver a serious blow to its overall ranking in EPA's TRI data.    Friday , 06 Jan 2012

HSBC, Barclays cut 2012 gold price forecast

The two banks have lowered their gold price forecasts for this year by more than $100/ounce but both still maintain their bullish view of the yellow metal.    Friday , 06 Jan 2012

U.S. reports 2nd lowest number of mining deaths in a century

MSHA reports that 37 miners died last year at U.S. mines with Kentucky recording the largest number of mining fatalities.    Friday , 06 Jan 2012

Big La Arena gold resource boost for Rio Alto in Peru

As it ramps up gold production at its La Arena project in Peru, Rio Alto Mining substantially increases gold resources.    Thursday , 05 Jan 2012

Water Tribunal Dismisses Appeal against First Uranium

The Federation for a Sustainable Environment's lamented the lack of consultation; First Uranium said the ruling vindicates its decision to continue operating the Mine Waste Solutions project    Thursday , 05 Jan 2012

DRC dispute disentangled: ENRC and FQM agree settlement

Share prices of both companies jumped on the announcement of a settlement over the Kolwezi Tailings Project and Frontier and Lonshi copper mines in the DRC    Thursday , 05 Jan 2012

Gold bullion vs best UK funds - No contest!

How a lump of gold bullion has beaten the City of London's brightest and best since 2007. Adrian Ash looks at gold's performance against the best UK funds.    Thursday , 05 Jan 2012

CGNPC sets Feb 2 deadline for Kalahari bid

The state-owned Chinese firm has established a Feb 2 deadline on its offer for Kalahari Minerals, which could trigger a $2.2 billion bid for the latter's subsidiary Extract Resources.    Friday , 06 Jan 2012

Rio Alcan's UK aluminium smelter still running at reduced rate

Following a power cut in December which knocked out more than half its capacity, the 175,000 tpy Lynemouth aluminium smelter is still operated at a reduced rate.    Friday , 06 Jan 2012

Freeport's Grasberg miners want owed wages to return

Union spokesman Virgo Solossa said Friday the miners will stop returning to the mine on Saturday if they are not paid salaries owed to them during a recent three-month strike.    Friday , 06 Jan 2012

Port Hedland's Dec iron ore exports rose to 21.4mn tonnes

According to the newest data by Australia's port authority, Port Hedland saw iron ore shipments rise to 21.4 million tonnes in December compared with 19.8 million tonnes in November.    Friday , 06 Jan 2012

First Quantum's Zambia mine strike off

Miners at First Quantum Minerals' Kansanshi mine in Zambia called off their two-day wage-related strike on Thursday and returned to work, the mine workers' union reports.    Thursday , 05 Jan 2012

Readers going for gold in 2012 - Competition update

Where is gold headed in 2012. If Mineweb readers are anything to go by, and they have done well in past years, the yellow metal is headed sharply higher yet again.    Thursday , 05 Jan 2012

Yesterday's Top Story: Osisko blasts TRC Capital low-ball offer

TRC Capital's Lorne Albaum says he's in it for the long-run after Osisko rejects the would-be buyer's mini tender.    Wednesday , 04 Jan 2012

PODCASTS / RADIO                                                     

How the gold market is placed going into 2012 - Adrian Day

Adrian Day examines some of the trends that impacted the gold market in 2011 and looks at how the market is positioned as we head into 2012

The changing nature of long-term gold investment - Christensen

ASA's David Christensen provides a view on how to invest in commodities over the very long term and gives gold's recent moves a longer term context

Europe, Central Banks and continued demand for gold ETPs - Nicholas Brooks

ETF Securities' head of Research and Investment Strategy looks at the trends seen currently in the gold ETP market, the impact of Europe and what we might expect in 2012

 

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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

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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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