Tuesday, March 27, 2012

MINEWEB.COM'S TOP STORIES: Now coy Bernanke boosts gold after last month's knockdown

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FEATURED PODCAST                                                     

Changes to copper's supply outlook

Intierra's Paul Dewison looks at how the supply demand balance within the copper market is likely to change over the next few years as new supply comes on stream and demand patterns shift
 

TOP STORIES | Tuesday , 27 Mar 2012                                                     

Now coy Bernanke boosts gold after last month's knockdown

The latest statement from Fed Chairman Bernanke has given some stimulus to the gold market, much as his comments in last month did the opposite and the price has seen a surge back towards the $1700 level.    Tuesday , 27 Mar 2012

Kumtor gold mine ice flows chill Centerra 2012 forecast

Centerra Gold, which has withstood civil unrest, labor strife, and the resignation of its chief executive, now faces a new challenge-Mother Nature.    Tuesday , 27 Mar 2012

Ngöbe-Buglé secure right to control mining development in Panamanian territory

After several years of protests, riots, and negotiations, Panama's National Assembly has determined Indians have rights to ban mining and protect the natural resources of the Ngöbe-Buglé Comarca.    Tuesday , 27 Mar 2012

Speculative selling underlines investor wariness toward gold and silver

According to the latest data out from COMEX, speculative length for both gold and silver fell again, but analysts seem more positive on the prospects for gold    Monday , 26 Mar 2012

Canadian High Court asked to rule miner Anvil liable in DRC military atrocities

Although Anvil Mining was cleared of culpability in a 2004 DRC rebellion that killed as many as 80 civilians, Canadian NGOs are raising the issue again in the nation's Supreme Court.    Tuesday , 27 Mar 2012

Gold and China: caught in a bear trap - Holmes

While the short term outlook for gold is fairly weak Frank Holmes maintains that all is not lost for the yellow metal and fears of a Chinese contraction are overdone    Tuesday , 27 Mar 2012

India cuts import tariff value of gold by 7.50%

Indian gold demand is expected to cool down substantially from its record pace, and lower imports are set to translate into driving down the broader price of gold, warn traders.    Monday , 26 Mar 2012

Gold Fields says skills shortage is mining's biggest concern

Gold Fields CEO Nick Holland says the escalating shortage of skilled workers is a major concern for executives globally as the industry presses ahead with projects in increasingly tough and remote places.    Monday , 26 Mar 2012

After Q4 jump, Lakeshore Gold production to drop in Q1 2012

While production costs are set to surge for Lakeshore Gold, there is light at the end of the tunnel in the form of a ten year 3,000 tpd mine plan.    Monday , 26 Mar 2012

Rio Tinto reviewing diamond business, would consider sale

The miner says the group has a high-quality dimond business but, " given its scale it is considering whether more value could be created through a different ownership structure    Tuesday , 27 Mar 2012

Japan to return slowly to nuclear power - Cameco

CEO Tim Gitzel believes Japan will, despite having switched all but one of its 54 nuclear reactors since Fukushima, bring some of its reactors back online in the near future although it will be a slow process.    Tuesday , 27 Mar 2012

Bumi approves shake-up but Nat Rothschild to stay on - sources

Sources close to the matter say the board has approved a shake-up that will bring in a new chairman after demands from key investors and will also see co-founder Nat Rothschild stay on as non-executive.    Tuesday , 27 Mar 2012

Power failure to disrupt Kirkland Lake Gold's Q4 output

The miner says the week-long power failure at its gold mill in Ontario is likely to disrupt Q4 production which is now likely to be pushed into the first quarter of the next year.    Tuesday , 27 Mar 2012

South Africa's Gold Fields committed to Mali despite coup

CEO Nick Holland said Monday the company wanted to continue its exploration activities in Mali, where a military coup last week prompted the miner to suspend drilling operations.    Monday , 26 Mar 2012

Flinders financing set to fund restart of graphite mine in Sweden

Graphite has been a hot commodity of late and one Canadian junior looks to have capitalized on market sentiment through a proposed C$15 million financing.    Monday , 26 Mar 2012

Yesterday's Top Story: Alpha Natural Resources ranked as most controversial mining company

RepRisk, a firm specializing in assessing the possible environmental, social, governance and reputational risks has issued a new report naming the 10 Most Controversial Mining Companies of 2011.    Monday , 26 Mar 2012

PODCASTS / RADIO                                                     

The longer term impact of India's attempts to curb gold imports

The vice-chairman of India's Gems and Jewellery Export Promotion Council, Sanjay Kothari, looks at the reasons behind the curbs, the strike and likely way forward for India's gold market.

Gold smuggling in India, the dollar carry trade and Central Bank buying

Julian Phillips looks at some of the major talking points in the gold market currently and why the long term outlook for the metal remains buoyant

The reasons behind platinum's strong performance in 2012

Johnson Matthey's Publications manager looks at the reasons for the metal's strong run and its relationship to gold

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.

 

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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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