| 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 , 07 Mar 2012 | | Freeport Indonesia is racing against time to secure a contract extension to build a new Grasberg underground copper-gold operation before resources are depleted in the open pit mine. Wednesday , 07 Mar 2012 | | It was a historic moment for Ecuador, signing a first mine exploitation agreement for the Mirador copper project with China-backed Ecuacorriente, but questions still hang over the country and a heavy mining tax regime. Wednesday , 07 Mar 2012 | | A fed-up Gogebic Taconite announced it was ending its plans to develop an iron ore mine that would have resurrected iron ore mining in Wisconsin's Iron Range. Wednesday , 07 Mar 2012 | | South Africa is pricing itself out of the ferrochrome market despite it being the world's largest producer of chrome ore by selling it at low cost to China Tuesday , 06 Mar 2012 | | A year since Japan's Fukushima nuclear disaster, uranium explorers and producers are starting to regain confidence in the industry's long-term outlook. Wednesday , 07 Mar 2012 | | South Australia's Tom Koutsantonis is confident the miner will this year approve the expansion of the Olympic Dam mine, containing a world class copper-gold uranium deposit, even though it will cost billions of dollars. Wednesday , 07 Mar 2012 | | World leading copper miner, Codelco, said Tuesday it will invest a record of more than $4.3 billion this year but sees a slight dip in output in what it forecasts will remain a tight market. Wednesday , 07 Mar 2012 | | Despite another engineered sell-off in the gold market, nothing has changed regarding the fundamentals - indeed they are probably even more gold positive than before. Wednesday , 07 Mar 2012 | | Vale says it will go to the courts to fight a claim by the government that it owes back taxes estimated at $17 billion on its earnings from foreign subsidiaries, after out-of-court efforts to settle the dispute failed. Wednesday , 07 Mar 2012 | | The mine, shut down in 2009 on weak metal prices, is expected to produce between 33,000 and 36,000 tonnes of nickel in 2012 after resuming commercial production. Wednesday , 07 Mar 2012 | | The Youth and Empowerment ministry has turned down a request by Impala Platinum to extend a deadline to hand over a 29.5% stake in its Zimplats unit to state-run fund. Wednesday , 07 Mar 2012 | | The miners' net earnings for the October-December period fell about 83%, hurt by lower copper volumes and prices. Wednesday , 07 Mar 2012 | | The commission says it is working to finalise the adoption of the conflict minerals rule which will force companies to disclose whether they use tantalum, tin, gold or tungsten from the war-torn DRC. Wednesday , 07 Mar 2012 | | Noble, which owns nearly two-thirds of Gloucester Coal, will vote all its shares in the company in favour of a merger with Yancoal Australia, expecting A$412 million under the deal terms. Tuesday , 06 Mar 2012 | | The company expects flat operating profit this year, held back by a new mining tax, and is looking for more deals following its $3 billion acquisition of Quadra FNX. Tuesday , 06 Mar 2012 | | The miner posted a loss of C$64 million, hurt by an impairment charge on its flagship Crocodile River mine in South Africa. Tuesday , 06 Mar 2012 | | The group will work with eight mining groups in Kenya, Tanzania and Uganda to address dangerous working practices and environmental damage in small-scale gold mining. Tuesday , 06 Mar 2012 | | Gold has been drifting downwards again as investor sentiment has been hit hard by the big, apparently paper, gold sale which caused the price dive last week - the intention of those who initiated it. Monday , 05 Mar 2012 | | 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. | | U.S. economic growth, China's social housing programme, Eurozone difficulties and oil prices all likely to impact metals demand in 2012. | | 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. | | Luquman Shaheen, CEO of Peruvian explorer Panoro Minerals, explains the political and social complexities facing miners and explorers in Peru | | |
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| | | | | | | | | | | CONFERENCES | Investing in Asian Mining Indaba | | Date: 29 October 2012 - 31 October 2012 | | Venue: Marina Bay Sands, Singapore | | he organisers of the world's largest mining investment event, Investing in African Mining Indaba, will bring its successful business event platform to Asian soil: Investing in Asian Mining Indaba will be held 29-31 October 2012 at the Marina Bay Sands Singapore, www.AsianMiningIndaba.com. The An... 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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