Monday, April 2, 2012

MINEWEB.COM'S TOP STORIES: Ivanhoe Mines to sell SouthGobi Resources stake to Chalco

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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 | Monday , 02 Apr 2012                                                     

Ivanhoe Mines to sell SouthGobi Resources stake to Chalco

Ivanhoe Mines could receive up to US$898 million from the sale of all of its shares in SouthGobi Resources.    Monday , 02 Apr 2012

Chinese copper data is misleading the market- Macquarie

The latest analysis from China from Macquarie Capital's Shanghai office suggests that there appears to be a substantial discrepancy between latest Chinese copper data and reality on the ground.    Saturday , 31 Mar 2012

China to officially launch rare earth association April 8 in Beijing

More than 100 Chinese rare earths exploration, mining and processing companies have reportedly been invited by the central government to attend the official launch of China's rare earth association.    Monday , 02 Apr 2012

Cayden hits broad silver intercept between Goldcorp mines in Mexico

Near the boundary of Goldcorp's Los Filos gold-silver mine in Mexico, Cayden hits silver in a new zone of mineralization.    Friday , 30 Mar 2012

Pallinghurst shares continue rising despite FY loss

Despite the announcement of a swing to an annual loss of US72m and a $104m rights offer, shares in Pallinghurst Resources gained 8% in morning trade    Friday , 30 Mar 2012

Taseko touts mega-niobium project in northern BC

A fresh resource update gives Taseko some niobium bragging rights and launches the base metal miner into a class not far off Iamgold's Niobec mine.    Saturday , 31 Mar 2012

Still waiting for Nunavut's mining boom

While mineral opportunity abounds, a lack of infrastructure, crippling cold and the challenge of attracting and retaining an adventurous workforce have dimmed the prospects of a mining boom in Canada's Arctic territory.    Monday , 02 Apr 2012

Slow Chinese growth rate to cap 2012 commodities gains

Expert warnings of a lower Chinese growth rates coupled with soft manufacturing data last week have shaken confidence in the strength of commodities demand in the country.    Monday , 02 Apr 2012

Indian industrial ambition hobbled by coal

Ten years on, Jindal is still awaiting approvals to start digging for coal for its steel and power complex in India's eastern Orissa state, highlighting the country's populist policies that often mean hefty losses for power utilities.    Monday , 02 Apr 2012

Polyus Gold posts 57% rise in 2011 net profit

The Russian gold miner's 2011 net profit climbed 57% year-on-year to $558 million boosted by an increase in sales volumes and higher gold prices.    Monday , 02 Apr 2012

BHP declares force majeure at Bowen Basin coal mines

The company said Monday it is declaring force majeure at its coal mines in Australia's Bowen Basin owing to prolonged union strikes and heavy rainfall.    Monday , 02 Apr 2012

McEwen steering his gold and silver mining co. towards S&P 500

Rob McEwen is still targeting S&P500 qualification for gold and silver miner McEwen Mining by 2015 but may need one or more acquisitions to make it.    Sunday , 01 Apr 2012

Copper rises on positive Chinese manufacturing data

The metal climbed on the first trading day of the second quarter on Monday, helped by Chinese manufacturing data that helped calm fears about its sharp economic slowdown.    Monday , 02 Apr 2012

Dollar decline and fall brings 'critical' gold to the forefront

Emerging world worries over the political dominance of the U.S. helped by the dollar's reserve currency role are hastening change in the global monetary system in which gold must play a critical role.    Saturday , 31 Mar 2012

Galaxy to buy Canada's Lithium One in a C$109m friendly deal

With global demand for lithium growing in the battery industry, MD Iggy Tan says the transaction will enable it to grow its global resources and become a top player in the lithium sector.    Friday , 30 Mar 2012

Hindustan Copper to quadruple capacity by 2017

Copper miner, Hindustan Copper, is to invest $650 million in eight mining projects across India over the next five years in a bid to quadruple capacity.    Friday , 30 Mar 2012

Weekend's Top Story: Pallinghurst's platinum plans progress

Shares in Pallinghurst Resources jumped almost 13% on news it has joined forces with South Africa's IDC and the Bakgatla community to create a platinum "mega mine".    Thursday , 29 Mar 2012

PODCASTS / RADIO                                                     

South Africa's new Platinum "mega mine" - Gilbertson

The creation of a R23bn platinum mining business to rank as No 4 in the world.

The CPM Gold Year Book - Jeff Christian

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

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

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.

 

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Lawrie Williams, London
Geoff Candy, Groningen

Americas

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