| 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 , 24 Feb 2012 | | "The best mineral deposit has no value if government regulations and taxation prevent production." The latest ratings from the Fraser Institute see some significant changes from a year ago. Friday , 24 Feb 2012 | | Newmont Mining's board has declared a first-quarter 2012 dividend of 35-cents per share, a 133% increase over the 1Q 2011 dividend. Friday , 24 Feb 2012 | | Centerra's 2011 gold production declined 5%, but net earnings for the year were up on 27% lift in the gold price received. CEO predicts cash costs of $465-500/oz in 2012. Friday , 24 Feb 2012 | | Four key elements suggest that gold is due for a break-out from its current trading range and point to such a move happening very soon with new highs by the summer. Friday , 24 Feb 2012 | | Central bank shenanigans and rising inflationary fears are fueling a big rise in precious metals. It's set to continue. Friday , 24 Feb 2012 | | The Australian company which lifted the cobwebs off the Sams Creek gold project with an aggressive nine hole diamond drilling programme is already looking at a second. Friday , 24 Feb 2012 | | Colorado-based Molycorp posted a quarterly profit rise on Thursday and sees strong sales growth over the next year, but warns that production costs will be higher on rising chemical and labor costs. Friday , 24 Feb 2012 | | Helped by a strong performance at its Malartic mine, Osisko reported a C$37.8 million 4Q net profit. Friday , 24 Feb 2012 | | The company's first-half earnings more than doubled owing to significantly improved production and a higher average price. Friday , 24 Feb 2012 | | Net earnings in the fourth quarter rose to $133.6 million, helped by a sharp increase in gold prices, but adjusted earnings fell due to fewer gold ounces sold and higher production costs. Friday , 24 Feb 2012 | | Newcrest says production disruptions at the Lihir plant are putting its 2012 production and cost guidance are under pressure, though it still hopes to meet its targets. Friday , 24 Feb 2012 | | Traders have been bidding up iron ore prices on gamble on Chinese construction growth, but steel demand remains weak for the moment Friday , 24 Feb 2012 | | The pink diamond, weighing 12.76 carats, was discovered at its Argyle mine in the East Kimberley region in Western Australia. Friday , 24 Feb 2012 | | With profit prospects looking poor, production cuts would benefit prices and the sector as a whole, but it would take a brave miner to be first to cut output in a bid to raise prices. Friday , 24 Feb 2012 | | Impala Platinum says Zimbabwe has rejected part of a plan submitted by its subsidiary Mimosa Holdings to comply with the local ownership requirements. Friday , 24 Feb 2012 | | Finding and sticking with quality precious metals assets is the strategy that speaks loudest to James West. Read about his philosophical and practical approach in this Gold Report interview. Friday , 24 Feb 2012 | | Golden Predator started Thursday off on a strong footing with a report of long gold-mineralized intercepts from the Grew Creek project in the Yukon that helped boost its shareprice. Thursday , 23 Feb 2012 | | Toronto, Ontario-based company Alamos Gold reported a 16% profit rise in the fourth quarter of 2011, boosted by mainly by surging gold prices. Thursday , 23 Feb 2012 | | The LME Board is considering adjustments to its proposed new fee structure which has met with opposition from member companies, but will also affect earnings projections by prospective bidders for the Exchange. Thursday , 23 Feb 2012 | | Workers at the world's second largest copper mine and largest gold mine have gone on strike again on claims management hasn't abided by back-to-work deal agreed in December Thursday , 23 Feb 2012 | | Mozambican Prime Minister Aires Aly said Thursday he expects construction of a Nacala coal terminal to start in the next few months, with the aim of having it running in two to three years. Thursday , 23 Feb 2012 | | South Africa's Association of Mineworkers and Construction Union (AMCU) admits to making a presentation to workers but denies that it is behind strikers' violent acts. Thursday , 23 Feb 2012 | | For 2012, the group expects to produce 310,000 to 350,000 tonnes, an increase of between 50% and 70%, as more of its acquired mines become operational. Thursday , 23 Feb 2012 | | The full-year profit more than tripled to $115.1 million, helped by gains from the sale of its South East Asian assets and reports that talks with the government of Guinea over a newly introduced mining code had been positive. Thursday , 23 Feb 2012 | | Demand for the white metal in India is seen surging this year from last year's 4,800 tonnes and prices are expected to shoot up as a result says the Bombay Bullion Association. Thursday , 23 Feb 2012 | | GoldMoney founder James Turk, believes, while one can't predict what the catalyst is going to be that will force gold and silver higher, the bull market remains intact | | Anglo American CEO, Cynthia Carroll, talks to Mineweb about the prospects for iron ore, copper and why she is not concerned about Glenstrata | | The World Gold Council has just released its Gold Demand Trends for the full year 2011 and the MD for Investment, Marcus Grubb, picks through the main trends | | The yellow metal is currently range-bound and, while the pressure is upwards, Edison's Charles Gibson says, there is a feeling that the upward only trend is coming to an end. | | |
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| | | | | | | | | | | CONFERENCES | PDAC 2012 | | Date: 04 March 2012 - 07 March 2012 | | Venue: Metro Toronto Convention Centre (South), Toronto, Canada | | The annual Prospectors & Developers Association of Canada (PDAC) conference and exhibition is the largest mineral exploration event held anywhere in the world. Last year's conference saw attendance from more than 27,000 delegates. Read More | | Investing in Asian Mining Indaba | | Date: 29 October 2012 - 31 October 2012 | | Venue: Marina Bay Sands, Singapore | | he organisers of the world's largest mining investment event, Investing in African Mining Indaba, will bring its successful business event platform to Asian soil: Investing in Asian Mining Indaba will be held 29-31 October 2012 at the Marina Bay Sands Singapore, www.AsianMiningIndaba.com. The An... 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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