| 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 | | | | Harmony Gold's CEO, explains why the grades grew so strongly during the quarter and talks about the progression of the Wafi-Golpu project | | | | | TOP STORIES | 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 | | Speaking to Mineweb on the sidelines of the Mining Indaba Conference, IAMGold CEO, Steve Letwin says as a result of increasing costs, a floor is developing around the $1,400 level. Monday , 06 Feb 2012 | | A dispute regarding contributions paid by Centerra Gold's Kyrgyz Republic subsidiary to the Kyrgyz Republic Social Fund on behalf of Kumtor's employees has halted production at the Kumtor gold mine. Tuesday , 07 Feb 2012 | | Tigray Resources adds more pieces to the picture at the Terakimti prospect in Ethiopia as it drills more thick high-grade copper. Monday , 06 Feb 2012 | | Filling its coffers with more than C$200 million, Rubicon Minerals jumps a key hurdle in its quest to build its flagship Phoenix gold project: project finance. Monday , 06 Feb 2012 | | While Chinese demand for copper is expected to hold up during 2012, Standard Bank's Walter de Wet says it will likely grow at a slower rate than it did in 2011. Monday , 06 Feb 2012 | | A committee appointed by the country's Supreme court has recommended the cancellation of 49 mining licences for indulging in illegal mining activities and fined 72 mines. Tuesday , 07 Feb 2012 | | China's industry ministry reckons the country's steel sector will face a severe test this year, as weak demand widens the supply-demand gap and high raw material prices put pressure on profits. Tuesday , 07 Feb 2012 | | The minister says her department has been concerned about the platinum industry's contribution to deaths in the mining sector and defended safety stoppages which she says have contributed to a drop in accident rates. Tuesday , 07 Feb 2012 | | The Subic Bay Metropolitan Authority in the Philippines said Tuesday Brazilian mining group Vale will begin its iron ore distribution operations at the port on Feb. 12. Tuesday , 07 Feb 2012 | | After Rio Tinto Alcan locked unionized workers out at its Alma aluminum smelter in Quebec on Jan. 1, as talks on a new contract failed, the impasse looks set to drag on because no new talks have been scheduled. Tuesday , 07 Feb 2012 | | Total gold exports from Hong Kong to China were 427,877 kg in 2011, up from 118,904 kg in 2010, the Hong Kong Census and Statistics Department reports. Tuesday , 07 Feb 2012 | | Minister in the Presidency, Trevor Manuel, told an audience at the Mining Indaba that the Nationalisation research report calls for new partnerships, rather than nationalisation. Monday , 06 Feb 2012 | | The company said Monday it plans to start commercial underground production at its Pinson gold mine in Nevada in the fourth quarter. Monday , 06 Feb 2012 | | The miner, with a market cap of $14.8 billion, says it is looking into acquiring mineral assets in Brazil, Mozambique, Russia, the United States and South Africa. Monday , 06 Feb 2012 | | According to industry players and analysts, the $80 billion merger could lead to a new round of takeovers in iron ore, the only area in which Glencore and Xstrata don't have a presence. Monday , 06 Feb 2012 | | The company plans to have the two suspended lines of production at its Shawinigan aluminum smelter in Quebec back in full production by the second quarter of 2012. Tuesday , 07 Feb 2012 | | Was Molycorp's promotion of the Mountain Pass mine-attracting the attention of U.S. lawmakers and the international business community to looming domestic rare earths shortages-little more than hype? Monday , 06 Feb 2012 | | Steve Letwin talks about dividends, separating out its REE assets and looks at a floor for gold prices of around $1,400 | | While Chinese demand for copper is expected to hold up during 2012 Standard Bank's Walter de Wet says it will likely grow at a slower rate than it did in 2011 | | According to Charles Stanley Securities analyst, Kieron Hodgson, while the diamond market still has solid fundamentals, 2012 looks likely to be a year of consolidation | | |
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Aura Energy reports strong positive economic results confirmed for Häggån - moving to pre-feasibility Aura Energy Ltd (ASX code: ASX) has achieved another major milestone by validating the economic viability of its giant Häggån uranium deposit in central Sweden with excellent results from an independent Scoping Study. Aura's Managing Director, Dr Bob Beeson stated, "This Scoping Study represents a major step in the growth of the company. We had to be creative with our project development for Häggån and it necessarily took research time to establish a viable extraction technology. This has led to the introduction of bioheap leaching, and it is paying off." "We also predict that a long term, secure supply of uranium will be very attractive to energy suppliers and consumers. Aura has a massive resource and is now one step closer to building a viable and valuable project." Click here to view the full announcement. | | | | | | | | | | | | 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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