Wednesday, April 4, 2012

MINEWEB.COM'S TOP STORIES: La Oroya reopening stalls again on new Doe Run Peru demands

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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
 

TOP STORIES | Wednesday , 04 Apr 2012                                                     

La Oroya reopening stalls again on new Doe Run Peru demands

Although angry miners are protesting because of continued delays in the reopening of the La Oroya metallurgical complex, negotiations between Doe Run Peru and the Peruvian Government drag on.    Wednesday , 04 Apr 2012

First Majestic gets Silvermex support on share-dominant takeover

First Majestic offers up 9.6 million shares, plus a bit of cash, to take over Silvermex and pushes it closer to 10 million silver ounces in yearly production.    Tuesday , 03 Apr 2012

U.S. economic prospects and the price of gold - an appraisal

Specialist gold commentator Jeff Nichols believes that the current signs of growth in the U.S. economy inferred by the latest Fed minutes may not be all they are cracked up to be and that the gold price will continue on an upwards path    Wednesday , 04 Apr 2012

Coalition sues to block proposed California gold dredge mining regs

Environmental NGOs, an Indian tribe, and fishing groups have sued to block California Department of Fish and Wildlife regulations that would permit dredge mining in the Golden State in 2016.    Wednesday , 04 Apr 2012

Great Basin Gold: Burnstone gold mine's make or break year

Great Basin Gold's Burnstone gold mining operation in South Africa and its under-achievement to date, is weighing heavily on the company's share price and 2012 will be a make or break year for the new mine.    Tuesday , 03 Apr 2012

Gold explorers in Mali stop their drills as sanctions threaten fuel supply

Post coup, and with cutting sanctions imperilling Mali's fuel supplies, explorers and miners quiet their drills. Mali is Africa's third largest gold producer.    Tuesday , 03 Apr 2012

African Barrick Gold confident Nyanzaga will be its next Tanzanian gold mine

Latest drilling results from African Barrick Gold's Nyanzaga project in Tanzania see the total resource raised to 4.6 million gold ounces and increase confidence in this being the company's next new mine.    Tuesday , 03 Apr 2012

Demand for rough diamonds set to boom

The market for rough stones is expected to expand further in 2012, buyers say, driven primarily by growth in China and India.    Tuesday , 03 Apr 2012

India's imports of gold and silver tumble in Q1

Precious metal imports into the country slid substantially in the first three months of 2012, with gold imports dropping 55% in March due to the jewellers strike and high prices.    Tuesday , 03 Apr 2012

India, Bernanke and the desire for upwards momentum

David Levenstein advocates that investors continue to buy gold now, before governments have the chance to do something stupid    Tuesday , 03 Apr 2012

Gold and silver-the ultimate anti-fiat currency vs Fed's 'sophisticated swindle'

In an environment where the U.S. dollar continues to lose its purchasing power, Richard Karn sees gold and silver as a strong protection against the "global pandemic of corruption." Gold Report interview.    Tuesday , 03 Apr 2012

Indonesia eyes 25% coal/base metals export tax in 2012

If imposed, the 25% export tax on coal and base metals would add to a raft of regulations announced this year that have caused confusion in Indonesia's mining sector and worried foreign investors.    Tuesday , 03 Apr 2012

BHP Australia coal miners escalate dispute with second strike

About 3,500 union workers at BHP Billiton's Bowen Basin coal mines in Australia voted for another seven-day strike, escalating their prolonged dispute with the miner.    Wednesday , 04 Apr 2012

Robex Resources gets 30yr production permit for Mali gold project

The miner has been granted a 30 year production permit for gold and mineral substances at Nampala, one of its mining projects in Mali, West Africa.    Wednesday , 04 Apr 2012

Gold falls after US Fed minutes dashed hopes of more stimulus

The gold price edged lower Wednesday after the minutes of the U.S. Federal Reserve's latest meeting showed little appetite for further monetary stimulus.    Wednesday , 04 Apr 2012

No iron ore buying rush seen when China reopens

Physical iron ore traders say they don't foresee a rush of buying from Chinese steel mills tomorrow when the market reopens after a three-day break, with a blurry demand outlook capping steel prices.    Wednesday , 04 Apr 2012

Indonesia hopes new mine tax will curb production boom

According to Indonesia's government, since issuing a mining law in 2009, miners have increased production 'multiple' times in order to 'overexploit' resources, a practice it wishes to stop    Wednesday , 04 Apr 2012

Cluff Gold chair quits, McGloin his replacement

Algy Cluff announced Tuesday he would step down next month as non-executive chairman of Cluff Gold to take on a chief executive role at a new resources company    Tuesday , 03 Apr 2012

Yesterday's Top Story: DTI "blindsides" ArcelorMittal South Africa

South Africa's Department of Trade and Industry has decided to exclude steel from its preferential procurement plans. AMSA's shares fall over 5%    Monday , 02 Apr 2012

PODCASTS / RADIO                                                     

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.

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

 

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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


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Wendy Hora, Australasia

 

Production

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