Wednesday, March 14, 2012

MINEWEB.COM'S TOP STORIES: EU, Japan, US stand united in trade battle over China's REE stranglehold

Mineweb logo
 

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

 

FEATURED PODCAST                                                     

David Garofalo on M&A in the Canadian mining sector

The President and CEO of Hudbay Minerals comments on the Canadian mining sector M&A scene, leveraged buyouts and asset spin-offs.
 

TOP STORIES | Wednesday , 14 Mar 2012                                                     

EU, Japan, US stand united in trade battle over China's REE stranglehold

As expected, the EU and the US, along with the Japanese government, have formally filed joint challenges with the WTO to break China's ever toughening rare earths export restrictions.    Wednesday , 14 Mar 2012

Some central banks showing concerns about their gold holdings

First global central banks have been increasing gold reserves after many years of reducing them, now there seems to be a move towards repatriation of those reserves which are held in foreign vaults.    Wednesday , 14 Mar 2012

Silver may outperform gold but remember why they both are rising

A look at the factors driving gold and silver supply and demand and why Warrren Buffett just misses the point as to why they are, and will remain, of great value as investments.    Wednesday , 14 Mar 2012

South African gold production continues to plunge

Once the world's biggest gold producer by a huge margin, South Africa's gold production is continuing to dive with an 11.3% fall year on year in January, following an 8.2% drop in December.    Tuesday , 13 Mar 2012

U.S. Interior Secretary orders OSM/BLM consolidation to proceed

A Department of the Interior report endorses merging OSM and BLM administrative functions, as well as the enactment of an AML fee on hardrock mining.    Wednesday , 14 Mar 2012

Tembo Gold hits wide gold zone in new Tanzanian target

Tembo Gold reported its first drilling results, turning up good grades and widths, since relaunching under new management and directors last year and raising C$20 million.    Tuesday , 13 Mar 2012

Owning gold twice as profitable as stealing it - The great inflation swindle

An Australian TV programme on a gold swindle brings home the fact that stealing gold and selling it at the time would have been less profitable than just holding it and letting it appreciate.    Wednesday , 14 Mar 2012

Newcrest's Fijian copper/gold mining quest hits an obstacle

Plans by Australian gold giant Newcrest Mining Ltd to expand its Pacific mining profile with a copper/gold development in Fiji has hit been halted after local landowners agitated against it.    Tuesday , 13 Mar 2012

Antofagasta cuts back on dividends to focus on growth

The Chilean miner disappointed market hopes for another bumper dividend payout on Tuesday, saying it wants to spend more on a new generation of growth projects.    Wednesday , 14 Mar 2012

Impala Platinum agrees transfer of 51% of Zimplats with Zimbabwe govt.

In an agreement which may set a precedent for other foreign owned mining companies, the Zimbabwe government has reached agreement with Impala Platinum for the transfer of 51% of platinum miner Zimplats into local hands.    Tuesday , 13 Mar 2012

S.Africa court suspends Northam Platinum mine safety stoppages

The Labour Court ruled in Northam Platinum's favour, suspending the DMR regulated safety stoppage at its Zondereinde mine and gave the department until 27 March 2012 to submit replying affidavits.    Wednesday , 14 Mar 2012

Cliffs Natural Resources to raise quarterly dividend 123%

The company plans to more than double its quarterly dividend, helped by its strong financial profile and cash flow generation that will allow it to return capital to shareholders.    Wednesday , 14 Mar 2012

Xstrata Coal forms Canada JV with JX Nippon

JX Nippon has paid $435 million in cash for a 25% stake in Xstrata Coal British Columbia, the companies reported Tuesday.    Wednesday , 14 Mar 2012

Fantastic leverage to upside in Mexican silver stocks despite drug violence - Kachanovsky

Precious metals analyst "Mexico Mike" Kachanovsky, is bullish on gold and silver and Mexican mining stocks and reckons upside for silver explorers and developers is enormous. Gold Report interview.    Tuesday , 13 Mar 2012

Deripaska will "discuss buying" Vekselberg out of RUSAL

In what appears to be a falling out between Russian metals sector oligarchs, Oleg Deripaska says he will "discuss" buying out former chairman Viktor Vekselberg's stake in the company.    Tuesday , 13 Mar 2012

Copper-rich north Chile hit by heavy rains, ops continue

Chile's arid Atacama desert, home to several of the world's key mines, has been experiencing heavy rains but copper miners Collahuasi and Cerro Colorado say operations have been little affected.    Tuesday , 13 Mar 2012

Harmony Gold to consider Hong Kong listing once Wafi-Golpu is up

The South African gold miner says it will consider a Hong Kong listing once its Wafi-Golpu copper-gold project is up and running in around 5 years time.    Tuesday , 13 Mar 2012

Yesterday's Top Story: Mining companies may be losing $130bn annually to fraud - UK study

A PKF/University of Portsmouth Centre for Counter Fraud Studies report suggests mining companies' haste for social acceptance in developing nations could cost them dearly.    Tuesday , 13 Mar 2012

PODCASTS / RADIO                                                     

Ecuador starting a new mining era - Santiago Yepez

President of the Ecuadorian CoM talks about the signing of the first mining exploitation contract with Chinese-backed EcuaCorriente and efforts by government to improve the tax regimen for foreign miners.

Gold and silver provide an anchor of value - Michael Cuggino

Fund portfolio manager Michael Cuggino sees commodities continuing to trend upwards with demand growing faster than supply, with gold, and to a lesser extent silver, providing an alternative to paper currencies.

Patricia Mohr on metals demand and the impact of potentially rising oil prices

U.S. economic growth, China's social housing programme, Eurozone difficulties and oil prices all likely to impact metals demand in 2012.

Finance and exploration in the junior mining sector - Kerry Smith

Kerry Smith of Haywood Securities talks about financing in the junior mining sector and the interface between juniors and bigger companies in JV situations and gives his views on the gold price in 2012.

 

Mineweb is the world's top mining and mining investment news website and is read in over 200 countries daily by mining company executives, financiers and investors.  According to independently published global website analysis, Mineweb is ranked far higher in terms of daily readership than any other directly competitive website.

Mineweb is updated around the clock, so to keep abreast of news throughout the day we suggest you do check our homepage for updates - www.mineweb.com

Follow mining news updates on Twitter http://twitter.com/Mineweb

Mineweb's iPad app is now available! Go to www..mineweb.com/apps or to the Apple app store to download it.

 

CONFERENCES

Mines & Money Hong Kong
Date: 19 March 2012 - 23 March 2012
Venue: Hong Kong Convention and Exhibition Centre, Hong Kong
Now in its 5th year, the conference and exhibition continues to go from strength to strength and is fast becoming established as Asia's number one event for mining investment. Read More
Denver Gold Group European Gold Forum 2012
Date: 17 April 2012 - 20 April 2012
Venue: Park Hyatt, Zurich, Switzerland
Europe's most important gold and precious metals investment conference. Mineweb will be in attendance. Read More
Denver Gold Forum 2012
Date: 09 September 2012 - 12 September 2012
Venue: Hyatt Regency, Denver, CO, USA
Major event hosted by the Denver Gold Group, The Denver Gold Forum will showcase institutional-quality precious metals companies to global fund and portfolio managers, institutional investors and analysts. Mineweb's Dorothy Kosich will attend Read More

FEATURED
COMPANY

View more featured mining companies

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

 

   Manage your subscription | Subscriber help

   If you can't access the Mineweb site from this email, please email us with the words "Problem email" in the
   subject line, and we will address the problem.

   You have voluntarily joined this mailing list. To unsubscribe, please click here

   © Mineweb 2010 | Terms and Conditions of use | About Mineweb | Contact Mineweb | Advertise

No comments:

Post a Comment