| 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 | Thursday , 29 Mar 2012 | | Scotiabank says a strong rebound in U.S. auto assemblies is likely to support base metal premiums in the country Thursday , 29 Mar 2012 | | The announcement of Mitsubishi as a Marathon project partner may soothe irate Stillwater shareholders who criticized the group strongly for its $451m Peregrine Metals purchase. Thursday , 29 Mar 2012 | | The Indian government has said it will review the tax on unbranded gold proposed in the latest union budget but said there would be no backing down from the increase in import duties Wednesday , 28 Mar 2012 | | Randgold Resources CE, Mark Bristow, has offered some words of reassurance that mining operation in Mali, Africa's third largest gold producing nation, have not been affected by the week-old coup Wednesday , 28 Mar 2012 | | While reserves and resources fell, there was a silver lining to hope for: improved mine planning at San Dimas in Mexico. Wednesday , 28 Mar 2012 | | Brent Cook shares what he sees as the fatal flaws and opportunities in the junior gold sector and details the most important factors he looks for before investing in any mining project. Gold Report interview. Thursday , 29 Mar 2012 | | Joint-venture partners make a logical transaction: a junior producer adds to resources, a junior explorer gets cash to push forward its flagship development project. Wednesday , 28 Mar 2012 | | Analysts surveyed by Bloomberg say the metal will average $850 an ounce in the final three months of 2012, 30% more than the current price and well ahead of other precious metals. Thursday , 29 Mar 2012 | | The Australian newspaper said, Thursday, BlackRock has reduced its weighting in BHP Billiton to 6.5% from as high as 10% on concern over near-term returns as the miner pursues a long-term growth strategy. Thursday , 29 Mar 2012 | | A financing panel told the Reuters Global Mining and Metals Summit that despite steady commodity prices, junior miners still face an uphill battle when it comes to securing finance. Thursday , 29 Mar 2012 | | Wood Mackenzie sees supply and demand for iron ore becoming closely aligned in the next few years and expects prices to slowly decline as steelmakers cut production to cope with overcapacity. Thursday , 29 Mar 2012 | | Bullion miners say rising labor costs, oil prices and higher tax rates are eating into profits and raising the cut-off bar on new projects, making it more difficult for them to replace reserves and boost production. Wednesday , 28 Mar 2012 | | The company plans to use its C$1.3 billion Anvil Mining acquisition to buy additional copper assets in the central African copper belt. Thursday , 29 Mar 2012 | | There have been indications that the trade union spat that brought Impala Platinum's Rustenburg operations to a halt for six weeks earlier this year is still simmering, company executive Johan Theron says. Thursday , 29 Mar 2012 | | Petropavlovsk chairman, Peter Hambro said the group is likely to increase production at its open-pit mines in Russia by 8% to 680,000 oz in 2012 Wednesday , 28 Mar 2012 | | GoldCorp CEO, Chuck Jeannes says the group is far more interested in early stage gold projects than just "trading dollars for future production". Wednesday , 28 Mar 2012 | | Gold prices averaged $1,527/oz last year, touching a record high settlement price of $1,889.90 in August 2011. CPM says prices are unlikely to reach that record high again in 2012. Wednesday , 28 Mar 2012 | | According to the CPM Group's Jeff Christian gold is unlikely to fall much below $1,400 during the next decade but investors are likely to start focusing more attention on gold stocks | | 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 | | 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. | | 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 | | |
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Champion Minerals Announces Resource Estimate of High-Grade Iron Zones at Moire Lake Project CHAMPION MINERALS INC. (TSX: CHM; FSE: P02) ("Champion" or the "Company") is pleased to announce results of a Mineral Resource Estimate completed on its Moire Lake Project ("Moire Lake" or "the Property") located in Cluster 1 of Champion's Fermont Iron Holdings in north-eastern Quebec. The Property is situated immediately east of ArcelorMittal's Mont Wright Mine, and is 8 kilometres south of existing railway and other infrastructure. Results from twenty-one (21) diamond drill holes completed by Champion in 2011 were used to model the iron formation deposit and calculate the current Mineral Resource Estimate for a zone historically referenced as the "Lac Moire Occurrence" (COGITE Occurrence # 23B/14-0014; GM-28079). The iron mineralization at Moire Lake is specular hematite and magnetite-rich with distinct lower-grade zones defined along the wall rock contacts For the full story click here | | | | | | | | | | | CONFERENCES | 2012 New York Hard Assets Investment Conference and Exhibition | | Date: 14 May 2012 - 15 May 2012 | | Venue: Marriott Marquis Hotel, Times Square, New York | | The New York Hard Assets Investment Conference features two full days of presentations from analysts, forecasters, metals mining experts, public exploration companies, and newsletter editors. Mineweb will be in attendance. 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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