| 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 | | | | David Hale looks at how commodities are likely to fare in 2012 given the very mixed global economy and the wild card that is oil. | | | | | TOP STORIES | Tuesday , 31 Jan 2012 | | U.S. gold production was reported at $12.2 billion last year, while U.S. silver output was $1.27 billion, the U.S. Geological Survey reported in its new 2012 mineral commodites summaries. Tuesday , 31 Jan 2012 | | Mineweb Correspondent Kip Keen reflects on why juniors in the midst of a market slump, not unlike that seen in 2009, seem a little more positive this time round. Tuesday , 31 Jan 2012 | | The death of miner Stephen Perry at Vale's Coleman Mine Sunday has led to the suspension of mining operations at five Vale mines in Sudbury. Tuesday , 31 Jan 2012 | | Deeper silver in sulphides it knows well. But now, for the first time, drilling results from near surface oxides are also showing promise for Apogee Silver. Monday , 30 Jan 2012 | | Harmony Gold is to sell its Evander gold mining operations to a JV of Pan African Resources and Wits Gold for .$216m. Monday , 30 Jan 2012 | | MOD Resources detailed the active search programme it is carrying out on New Zealand's largest undeveloped gold prospect - Sams Creek - in its latest quarterly report, released yesterday. Tuesday , 31 Jan 2012 | | There is definitely a good selection of underpriced junior gold and silver stocks available before the rest of the herd finally wakes up and smells the gold. Interview with The Gold Report. Tuesday , 31 Jan 2012 | | Terence Goodlace, formerly CEO at copper/cobalt producer Metorex, has been selected to replace outgoing Impala Platinum CEO David Brown, who will step down at the end of June. Tuesday , 31 Jan 2012 | | The miner posted record output from its Australian thermal coal operations in 2011, but saw a reduction in copper output as several of its mines approach the end of their operating life. Tuesday , 31 Jan 2012 | | Despite revising its 2011 gold output forecast due to difficulties accessing high-grade ore at its Mnogovershinnoye mine, Highland Gold missed the reduced output forecast for the year. Monday , 30 Jan 2012 | | The Australian miner said Tuesday that actions like the threat by Malaysia's opposition party that it would close its Rare Earths processing plant, could deter other foreign investment in the country. Tuesday , 31 Jan 2012 | | Diamonds dealers said Monday that prices for polished diamonds may struggle to hold onto gains in the first quarter of 2012 due to concerns over the global economic outlook. Tuesday , 31 Jan 2012 | | The gold miner has set its 2012 cash operating costs between $700 and $750 per ounce, up from an expected range between $595 and $645 per ounce. Tuesday , 31 Jan 2012 | | Germany's Die Welt newspaper, citing company sources, reported on Monday that Outokumpu will buy Inoxum for around 2.7 billion euro to form a new market leader in stainless steel. Tuesday , 31 Jan 2012 | | The WTO ruled on Monday against China's request to restrict exports of materials, a move that could make it harder for major commodity exporters to withhold supplies on the global market. Tuesday , 31 Jan 2012 | | Coxe Advisors' Don Coxe urges gold investors to invest in gold equities suggesting a "huge outperformance" is in the making for gold mining companies with the least endogenous risk. Monday , 30 Jan 2012 | | Sprott Asset Management's John Embry believes that the prospect of global "Weimar situation" is very real and bullish for gold | | Standard Bank's Walter de Wet looks at the reasons behind platinum's recent price performance and the outlook for PGM basket prices | | 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 | | |
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Gold Resource Corporation provides preliminary 2011 record annual production results and 2012 outlook COLORADO SPRINGS - January 30, 2012 - Gold Resource Corporation (NYSE Amex: GORO) announced preliminary 2011 fourth quarter and record year end production totals. The Company set its 2012 Outlook and continues to target an aggressive low-cost growth profile. Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico. Gold Resource Corporation produced approximately 66,125 ounces precious metal gold equivalent (AuEq) for 2011, of which approximately 19,900 ounces AuEq were produced in the fourth quarter. Annual production totals were in-line with the Company's 2011 Outlook of 60,000 to 70,000 ounces AuEq. Full financial results for the fourth quarter and fiscal year end 2011 will be available in the Company's annual report on Form 10-K to be filed with the Securities and Exchange Commission by February 29, 2012. For full release, click here... | | | | | | | | | | | | CONFERENCES | 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 | 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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