Tuesday, February 21, 2012

MINEWEB.COM'S TOP STORIES: Platinum ETC buying jumps on fears Implats violence may spread

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TOP STORIES | Tuesday , 21 Feb 2012                                                     

Platinum ETC buying jumps on fears Implats violence may spread

Another death has occurred in a standoff between mineworkers and police as the strike at Impala Platinum's Rustenburg ops turns nasty with fears that it may spread to neighbouring Amplats.    Tuesday , 21 Feb 2012

Bonanza silver for Buenaventura, Focus in Peru

Focus relays some eye-catching silver intercepts at a past-producing mine in Peru, with as much as 0.35 metres @ 9314.6 g/t silver.    Monday , 20 Feb 2012

GTA mobilizing for larger exploration foray after shareprice catapult

As it raises new monies after releasing a batch of hot drillholes, GTA looks to see just how much more gold mineralization it may have on its Northshore property.    Monday , 20 Feb 2012

Gold to $6,000 plus - eventually - and silver growth even more explosive: McCoach

Greg McCoach feels gold is ultimately headed above $6,000/oz and silver into the hundreds of dollars and gives reasons for his optimistic projections. Interview with The Gold Report    Tuesday , 21 Feb 2012

Rustenburg labour dispute costs Implats 80,000 platinum ounces to date

Impala Platinum said Monday the violent industrial action at its Rustenburg operations in South Africa has resulted in 80, 000 ounces in lost production to date.    Tuesday , 21 Feb 2012

Is the PBoC really gold's mystery buyer?

Is it possible that the central bank of China was really really buying gold at the rate of 1 ounce in every 8 sold worldwide last quarter...?    Tuesday , 21 Feb 2012

Quadra FNX shareholders approve KGHM C$3bn takeover bid

Shareholders of Quadra FNX approved the takeover offer on Monday, a deal that gives KGHM control of Quadra's Sierra Gorda copper project in Chile.    Tuesday , 21 Feb 2012

Guinea's bauxite, alumina output up in 2011 despite stoppages

A report by Guinea's finance ministry showed Monday that although work stoppages and softening global demand prevented a larger increase in production, both bauxite and alumina rose last year.    Tuesday , 21 Feb 2012

Copper rises as Greek bailout deal brings market relief

Copper rose $79.25 to $8,314.75 a tonne on Tuesday after debt-ridden Greece signed off its second bailout deal, a move that brought relief to markets, fuelling appetite for riskier assets.    Tuesday , 21 Feb 2012

How tight is China's grip on its commodity futures market?

With Western banks, trading houses and producers keen to grow their footprint in China, the question is, how tight is Beijing's grip on its currency and commodities trade.    Tuesday , 21 Feb 2012

OneSteel eyes name change to reflect growing mining business

The steelmaker has outlined plans to changes its name to reflect its growing mining unit and attract new investors, with its first iron ore sales planned for late 2012.    Tuesday , 21 Feb 2012

Zimbabwe's new mine fees to 'seriously hurt miners'- industry

Zimbabwe's Chamber of Mines said Monday the newly hiked mine licence fees will seriously hurt miners who have yet to fully recover from a decade-long economic crisis.    Monday , 20 Feb 2012

Bakrie Group expects Rothschild to remain on Bumi board

Key shareholder in Bumi Plc, Bakrie group, expects financier Nat Rothschild to remain on Bumi's board after a March meeting at which he was expected to be removed from his role as co-chairman.    Monday , 20 Feb 2012

Bank of China moves closer to LME membership

The addition of Bank of China International to the world's biggest metals market is expected to increase trading volumes, which in turn will boost its attraction as a takeover target.    Monday , 20 Feb 2012

Implats "concerned" by comments it should sell Mimosa stake

The company said Monday it was worried by comments made by Zimbabwe's empowerment minister suggesting it should sell more of its stake in the Mimosa JV with Aquarius Platinum.    Monday , 20 Feb 2012

Yesterday's Top Story: Class action sharks circle as Kinross Gold vows to fight

At last count four law firms say they are filing class action lawsuits stemming from Kinross Gold's decision to take a non-cash goodwill impairment charge of nearly $3 billion.    Monday , 20 Feb 2012

PODCASTS / RADIO                                                     

Cynthia Carroll on Anglo's future, iron ore pricing and a Glenstrata

Anglo American CEO, Cynthia Carroll, talks to Mineweb about the prospects for iron ore, copper and why she is not concerned about Glenstrata

Gold's year of two halves -Marcus Grubb

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

For gold, the pressure is upwards - Gibson

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.

Platinum Group Metals new discovery- Michael Jones

PGM CEO Michael Jones talks about the prospects of a new reef with "interesting" metal ratios the company has discovered on north limb of the bushveld complex

 

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Europe

Lawrie Williams, London
Geoff Candy, Groningen

Americas

Dorothy Kosich, Reno
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Asia and Australasia

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Kerry Stevenson, Sydney

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Christy Filen, Johannesburg


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