| 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 | | | | HSBC's chief commodities strategist, James Steel, looks at the reasons behind last quarter's major fall and January's strong surge in gold prices | | | | | TOP STORIES | Wednesday , 01 Feb 2012 | | Despite the successful challenge of Chinese export restrictions on raw materials at WTO, the European Commission and the United States probably won't make much headway on China's REE quotas. Wednesday , 01 Feb 2012 | | Scotiabank economist, Patricia Mohr, suggests the gold bull run is intact with Scotiabank's Commodity Price Index price forecast revised up to an average of $1,750 for 2012. Wednesday , 01 Feb 2012 | | Verde Potash looks to take on conventional potash giants in Brazil with its Cerrado Verde project. Wednesday , 01 Feb 2012 | | German arrogance that it has the only solution to the Eurozone crisis could misfire and precipitate break-up with uncertainty boosting gold and silver prices. Tuesday , 31 Jan 2012 | | Since taking on Miraflores a couple years ago Seafield has doubled the gold count. Now it is ready to outline the project as a ~100,000 ounce per year mine. Tuesday , 31 Jan 2012 | | Atlas Copco has forecast a weaker demand for most construction equipment this year due to growing global economic uncertainty, despite posting a record full-year profit in 2011. Wednesday , 01 Feb 2012 | | On the back of worsening markets in Australia and southern Europe, the Norwegian firm plans to write down its asset values by 1.3 billion Norwegian crowns, measures that could weigh on its fourth-quarter results. Wednesday , 01 Feb 2012 | | The miner said Tuesday it continues to explore development options and economic feasibility of its Hope Bay project in the Canadian Arctic, and has set aside care and maintenance funding for it. Wednesday , 01 Feb 2012 | | Without giving details, Antwerp authorities said they plan to announce a new strategy to safeguard the city's position as a diamond trade hub at a one-day event to be held on Feb. 8. Wednesday , 01 Feb 2012 | | The French Court of Audit published a report Tuesday recommending the country extend the lifespan of existing nuclear reactors as "there are few choices left". Wednesday , 01 Feb 2012 | | The knee jerk assumption is to place all the credit on the Fed's doorstep but, Julian Phillips believes there are other factors at play in what is, increasingly, a one way market Tuesday , 31 Jan 2012 | | Global miner Rio Tinto has accepted CGNPC's offer for its shares in Kalahari Minerals, the major shareholder in the giant Husab uranium project in Namibia. Wednesday , 01 Feb 2012 | | China closed off its ports on Tuesday, denying Brazilian miner Vale access to berth its giant iron ore carriers, a move likely to worsen the growing trade dispute between the two countries. Wednesday , 01 Feb 2012 | | Energy Resources of Australia says it expects uranium output to recover to between 3,000 and 3,700 tonnes this year after mining interruptions drove it to a A$154 million loss in 2011. Wednesday , 01 Feb 2012 | | Speaking at a coal conference in Gaborone, Botswana President Ian Khama, said the country was lifting the ban on new prospecting licences for coal, coal-bed methane and related minerals. Wednesday , 01 Feb 2012 | | About 20 Greenpeace activists from Romania, Hungary, Germany, Austria, Italy and Slovenia descended on Romania's Environment Ministry on Tuesday in a bid to halt the approval for the proposed gold mine in Rosia Montana. 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 | | 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. | | 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 | | |
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