| 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 | Wednesday , 08 Feb 2012 | | A March 21 hearing has been set by the Ontario Securities Commission regarding possible Securities Act violations resulting from alleged insider trading rings involving Canadian mining securities. Wednesday , 08 Feb 2012 | | Despite posting a 6% drop in its half-year profit to $9.94 billion, BHP Billion made more cash profit in six months than the massive Glencore/Xstrata merger would have made in all of 2011. Wednesday , 08 Feb 2012 | | South Africa's minister of mineral resources told the delegates at the Mining Indaba that nationalisation debate currently underway in the country was brought on by the slow implementation of transformation Tuesday , 07 Feb 2012 | | Paul Walker of Thomson Reuters GFMS says that while fundamentals are important in the long term, over the short run investment is driving prices and that is reliant on low or negative real interest rates Wednesday , 08 Feb 2012 | | With less gold-rich oxide ore in its Bisha deposit than expected, Nevsun forced to drop 2012 production guidance, but still sees mine as one of the best high grade open pit base metal ops in the world. Tuesday , 07 Feb 2012 | | An Indonesian policeman became the third victim this year to die on a road to PT Freeport Indonesia's Grasberg operation. Wednesday , 08 Feb 2012 | | The two companies are some of the biggest borrowers of syndicated loans globally and bankers say the combined entity would need to do something to restructure banks' exposure. Wednesday , 08 Feb 2012 | | Randgold Resources CEO, Mark Bristow, says the gold mining sector hasn't always been good at delivering investor rewards but there are some, including Randgold, that offer value Wednesday , 08 Feb 2012 | | Initial drilling results prove there is potash at its Sergipe project in Brazil, now Rio Verde needs to show just how much. Tuesday , 07 Feb 2012 | | Many US consumers are in the spot market looking to rebuild depleted inventories ahead of what is expected to be a good year across many aluminium manufacturing industries. Wednesday , 08 Feb 2012 | | With the current global economic conditions rendering the operation unprofitable, the company is reviewing the future of its 190,000 tonne Point Henry aluminium smelter in Australia. Wednesday , 08 Feb 2012 | | The country's mines minister has announced plans to audit all mining companies in a bid to dig for back taxes of up to $1 billion it believes it is owed. Wednesday , 08 Feb 2012 | | According to David Levenstein, the continued printing of money at unprescedented rates will lead to currency debasement and should boost precious metal prices Tuesday , 07 Feb 2012 | | Indonesia has announced plans to bring in the expertise of government-owned Russian Railways (RZhD) to build a $2.4 billion rail line together on Borneo island, which will initially be used to transport coal. Tuesday , 07 Feb 2012 | | Latest reports say at least two top 10 shareholders in Xstrata plan to vote against the $41 billion takeover by Glencore, saying the deal undervalues their shares. Tuesday , 07 Feb 2012 | | Vale said the return to work process has begun at the company's five Sudbury area mines following a temporary suspension stemming from three fatalities at those operations. Tuesday , 07 Feb 2012 | | Credit Suisse's Tom Kendall says that while there is a good chance of seeing prices back up towards last year's consensus predictions might well be a little on the high side | | Harmony Gold's CEO, explains why the grades grew so strongly during the quarter and talks about the progression of the Wafi-Golpu project | | Steve Letwin talks about dividends, separating out its REE assets and looks at a floor for gold prices of around $1,400 | | |
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| | | | | | | | | | | | 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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