Friday, April 13, 2012

MINEWEB.COM'S TOP STORIES: Canadian juniors' cash holdings start to look fat as market caps sink

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FEATURED PODCAST                                                     

Physical gold buying, equity premiums and the potential for M&A - Mazumdar

Speaking during the Precious Metals Summit in Geneva, Haywood Securities analyst, Joe Mazumdar looks at where gold prices are heading and why gold stocks are trading so poorly.
 

TOP STORIES | Friday , 13 Apr 2012                                                     

Canadian juniors' cash holdings start to look fat as market caps sink

Junior market capitalization have sunk hard leaving some juniors sitting on hefty cash piles. Meanwhile some analysts suggest it's time for investors to start hunting.    Friday , 13 Apr 2012

Eldorado's Greek, Romanian assets will help grow gold output 160%

Eldorado Gold's updated guidance stresses the integration of newly acquired assets in Greece and Romania to help achieve 1.7 million ounces of gold production company-wide in five years.    Friday , 13 Apr 2012

Gold returning to the mainstream - Part 2

The second part of a five part series on how gold will return to the monetary system globally but not in the form of the defunct Gold Standard looking at the role of Deficit spending, Islam and of China in setting the scene ahead.    Friday , 13 Apr 2012

Top analysts see copper climbing even as China slows

Forecasters say the metal will average $9,000 a ton in the third quarter, 9.5% more than now, helped by accelerating U.S. growth that will push prices to their highest in a year during the next quarter.    Friday , 13 Apr 2012

Rising Arctic temps heating up mining-related economic development

The reduction in Arctic sea ice could open up access to mineral wealth, bringing with it unique risks and challenges, says Lloyds/Chatham House latest Risk Insight report.    Friday , 13 Apr 2012

South Africa's mine production numbers lowest in 50 years

Due to weak markets, safety related shutdowns and strikes, South Africa has recorded its lowest mine output numbers in 50 years with gold, platinum, copper, nickel and nonmetallics particularly hard hit. Iron ore, chrome and manganese bucked the trend    Thursday , 12 Apr 2012

Capex inflation, cooling prices raises tough questions for miners

Miners are bracing themselves for tough questions as they prepare to meet shareholders worried about continued high capex costs, when metals prices have cooled    Friday , 13 Apr 2012

Lake Shore Gold underpins mill expansion with Sprott debt

Lake Shore gets a boost with finance from Sprott Resource Lending as it brings in enough financing to cover the cost of expanding its Timmins West mine in Ontario.    Friday , 13 Apr 2012

CME Group to cut silver margins for 2nd time since Feb

The group will lower the margins for COMEX silver futures for the second time since February in an attempt to boost liquidity after a narrow price range tempered trading interest. Palladium and copper margins are also to be reduced.    Friday , 13 Apr 2012

Euro crisis still kicking and will impact gold - Murenbeeld

Dundee Wealth Economics, chief economist, Martin Murenbeeld told the Precious Metals Summit in Geneva that the Euro zone crisis should help to push gold higher.    Thursday , 12 Apr 2012

'Useful' platinum continues to lag 'Useless' gold - will this continue?

It's more than "interesting" that platinum prices are lagging gold - GFMS's Klapwijk reckons vast majority of investors will always prefer gold over platinum.    Thursday , 12 Apr 2012

New high grade silver/zinc hits on Kalgoorlie's doorstep

Junior explorer McPhersons Resources is hoping to exploit the strong silver price to develop a mine on the southern doorstep to Australia's historic gold mining capital of Kalgoorlie.    Thursday , 12 Apr 2012

Creditors reject Doe Run Peru restructuring plan

A rejection of the restructuring plan proposed by Doe Run Peru casts doubts on the future of its La Oroya smelter - shut since 2009 because of financial problems    Friday , 13 Apr 2012

Glencore/Xstrata looking to Australia for zinc market leadership

According to Xstrata, expansion of its zinc operations in Australia should offset output cuts in Canada and help maintain its position in the zinc market    Friday , 13 Apr 2012

Far East traders "buying the dips" in gold, China "already easing" monetary policy

The gold market trend in London this morning was downwards although not significantly, with investor interest seen as diminished, but continuing Eurozone worries and monetary easing in China may lead to some stability.    Thursday , 12 Apr 2012

Copper miner Capstone Mining Q1 output rises 11%

The miner achieved an 11% rise in its first-quarter copper production, with higher output from its two operating mines in Mexico and Canada.    Thursday , 12 Apr 2012

Keaton Energy's Vaalkrantz coal mine turnaround campaign bringing results

Keaton Energy acquired the Vallkrantz anthracite coal mine in Natal at the end of last year and its programme to resurrect profitability at the operation is already beginning to show results.    Thursday , 12 Apr 2012

Fighting dust at Teck's Carmen de Andacollo copper mine

An enhanced Dustfighter system from Italy's DF Ecology to mitigate mine dust has been designed for Teck's Carmen de Andacollo open pit copper/gold mine in Chile    Thursday , 12 Apr 2012

Yesterday's Top Story: Gold/copper miner Nevsun may be a 'bottom fishing opportunity' - says analyst

Eritrean gold/copper miner Nevsun Resources' shares have fallen to nearly half what they were in recent months, leading some to speculate there may be a bargain to be had.    Thursday , 12 Apr 2012

PODCASTS / RADIO                                                     

Gold likely range bound between $1,600 and $1,700 for next few months -De Wet

Standard Bank's Walter de Wet says the yellow metal is likely to remain in a fairly tight range for the next few months but, the possibility of a sharp run up should not be completely ruled out

Short term, silver's risks are to the downside - Jollie

Mitsui and Co. Precious Metals strategist, David Jollie says, while in the medium term the outlook for silver is not necessarily bearish, over the short term there is a definite possibility prices might fall

Gold ETP movements and speculative investment trends - Nicholas Brooks

Nicholas Brooks of ETF Securities looks at the trends on display among gold ETP investors and looks at the impact of speculative demand on the gold sector

The real Chinese growth story and what it means for commodities

Macquarie's Graeme Train speaks to Mineweb about the outlook for demand from China and the impact this will have on base and bulk metals.

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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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