Tuesday, January 24, 2012

MINEWEB.COM'S TOP STORIES: Uranium supply crunch by 2016 - nuclear expert says

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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                                                     

Platinum outlook and difficulties within the PGM basket

Standard Bank's Walter de Wet looks at the reasons behind platinum's recent price performance and the outlook for PGM basket prices
 

TOP STORIES | Tuesday , 24 Jan 2012                                                     

Uranium supply crunch by 2016 - nuclear expert says

Thomas Drolet, a nuclear expert, warns of a coming uranium deficit as Cold War-era supplies dry up.    Tuesday , 24 Jan 2012

Pan American Silver, Minefinders unveil proposed C$1.5bn friendly takeover bid

Pan American Silver hopes Minefinders' Delores mine will provide one of the world's top silver miners with double the production at a lower cost in a mining-friendly environment.    Tuesday , 24 Jan 2012

Copper to benefit from Chinese Dragon - Holmes

Copper prices should benefit as Chinese demand is likely to grow during the year of the dragon on the back of restocking and as supply battles to catch up.    Tuesday , 24 Jan 2012

Revett Minerals announces record 2011 production, 2012 guidance

Revett Minerals beat its 2011 production guidance with a 28% increase in silver output and a 21% increase in copper production.    Tuesday , 24 Jan 2012

Governments will support much higher gold prices, but beware windfall tax

Rising gold and silver prices effectively mean currencies are being devalued and in today's economic environment such currency devaluation is, in effect, a stealth government policy    Tuesday , 24 Jan 2012

Indonesia's tin market beyond price control

A look at the world's top exporter of tin, Indonesia, in the wake of its self-imposed tin ingot export ban last year - an attempt to boost declining benchmark prices and profits.    Tuesday , 24 Jan 2012

Lynas Corp secures $225mn in bond sale

Lynas Corp has agreed to sell $225 million in convertible bonds to a new investor, giving the rare earths miner a cheaper source of funding to finish building its flagship plant in Malaysia.    Tuesday , 24 Jan 2012

Marubeni could hit 200 billion yen in net profit - Nikkei

Citing the company's President Teruo Asada, the Nikkei business daily reported Tuesday Marubeni Corp could hit its target of 200 billion yen in group net profit for the year ending March 2013.    Tuesday , 24 Jan 2012

Newcrest Mining's qtr gold production falls 20%

Dented by heavy rains in Papua New Guinea and lower ore grades, the company reported a 20% fall in quarterly production Monday, in line with its recent forecast.    Tuesday , 24 Jan 2012

Western Australian Labour's partial about-face on uranium

The Labor Party's new leader in W. Australia has agreed to allow already-approved uranium projects in the state to proceed.    Monday , 23 Jan 2012

B2Gold forecasts higher 2012 production

The miner said Monday it expects to produce about 150,000-160,000 gold ounces this year from its two mines in Nicaragua, with about $140 million in cash from operations.    Monday , 23 Jan 2012

Mali seek to raise state share of mines

In a proposed revision to its mining law, the West African country is seeking to raise the state's share in mining projects from 20% to 25%.    Monday , 23 Jan 2012

Yesterday's Top Story: In gold, inflation we trust - Sprott's Franklin argues

In outlining the case for a good time to buy gold, Sprott Wealth CEO David Franklin suggests the tide on the yellow metal may have turned with Europe's new source of cash.    Monday , 23 Jan 2012

PODCASTS / RADIO                                                     

Overcapacity, politics and the global steel sector - Mike Elliott

A look at the Ernst & Young's 2012 outlook for the global steel sector and how it can weather a self-created storm of overcapacity

GFMS Gold Survey Update 2 - Philip Newman

Thomson Reuters GFMS's Philip Newman looks at some of the standout trends from 2011 and why the consultancy thinks we could see a drop off in prices in 2013

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.

 

Champion Minerals encounters further significantly long intersections of high-grade iron formation at the Oil Can Project, adjacent to its Fire Lake North Project, Fermont, Quebec

Toronto (Canada), January 23, 2012 - CHAMPION MINERALS INC. (TSX: CHM; FSE: P02) ("Champion", or the "Company") is pleased to provide assay results for ten additional diamond-drill holes completed on the Company's Oil Can Project ("Oil Can"), located immediately northeast, and contiguous with the Company's flagship Fire Lake North Project in the Fermont Iron Ore District, Quebec.

Click here to view the full release.

 

CONFERENCES

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
COMPANY

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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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