Thursday, April 26, 2012

MINEWEB.COM'S TOP STORIES: Newfoundland/Labrador help maintain Canadian mining superpower status - Gratton

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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 | Thursday , 26 Apr 2012                                                     

Newfoundland/Labrador help maintain Canadian mining superpower status - Gratton

Rich resources, a skilled workforce and large investments are poising the province of Newfoundland and Labrador for billions in new mining growth, says Mining Association of Canada CEO Pierre Gratton.    Thursday , 26 Apr 2012

Adverse Red Lake ground conditions cut Goldcorp Q1 gold output

The last piece of Peñasquito's mine processing line has now been commissioned, which will enable the world-class operation to finally achieve designed capacity.    Thursday , 26 Apr 2012

Argentina's Kirchner Administration supportive of foreign mining - Orocobre

Australian-based junior Orocobre Limited says that the country's mining sector is fundamentally different to its energy sector.    Thursday , 26 Apr 2012

Possible imminent Eurozone collapse a game-changer for gold

Gold is currently in a protracted period of consolidation and expecting a break-out but it is unclear in which direction! Down to $1,525 or up to $2,000 + - or maybe first one then the other. Interesting times!    Wednesday , 25 Apr 2012

Canaco 'reputation' on the line as regulators call hearing over material disclosure

Canaco and the British Columbia Securities Commission are set to duel in a hearing in May over whether infill drilling results were material.    Wednesday , 25 Apr 2012

New Sumatra low cost gold project eyes peers Way Linggo and Martabe - Junior focus

Sumatra Copper and Gold is bringing a small scale gold mining project in Indonesia into production and hopes to emulate peers Way Linggo and Martabe.    Wednesday , 25 Apr 2012

Coal of Africa Vele mine easy on the eyes and environment

Painted the colour of desert sand to blend into the background, the coal miner's coal washing plant has been built to be as gentle on the surrounding landscape as possible.    Wednesday , 25 Apr 2012

China unveils industrial metals capacity cut for 2012

The cut is part of the country's efforts to reduce pollution and improve efficiency, the Ministry of Industry and Information Technology said Thursday.    Thursday , 26 Apr 2012

Mongolia review plan could disrupt SouthGobi deals

It is feared Mongolia's plan to enact foreign investment rules that will allow it to review deals affecting companies with assets in the country could delay two separate agreements involving coal miner SouthGobi Resources.    Thursday , 26 Apr 2012

JFE Steel boosting purchases from sources other than BHP Billiton

The company says it is looking to buy coking coal from sources other than BHP Billiton, as prolonged industrial action and heavy rain constrain shipments from BHP's Queensland coal mines.    Thursday , 26 Apr 2012

Vale Q1 profit nearly halves

The world's largest iron ore miner attributed the fall in profit for the first quarter to rain-affected exports, falling prices and higher capex spend    Thursday , 26 Apr 2012

Chile $100bn copper push under threat on power scarcity

President of Chilean mining lobby group Consejo Minero, Joaquin Villarino, says the country will have to shelve many of its mining investments due to the high cost and scarcity of electricity.    Wednesday , 25 Apr 2012

Chalco consortium finalises Guinea JV with Rio Tinto

The Chalco-led consortium has finalised its JV with Rio Tinto to operate the Simandou iron ore project in Guinea following the completion of all Chinese regulatory approvals.    Wednesday , 25 Apr 2012

Yuan to become major commodity currency - traders

According to bankers and traders China's policy of gradually freeing up trade in its currency could mean that commodities are paid for in yuan within a decade    Thursday , 26 Apr 2012

Yesterday's Top Story: Twelve countries increase their gold reserves in March - some significantly

Latest IMF statistics show that a dozen countries increased their gold holdings in March, continuing the trend of Central Bank purchases which has now been apparent for the past two to three years.    Tuesday , 24 Apr 2012

PODCASTS / RADIO                                                     

Mine financing, silver and Silver Wheaton's prospects - Randy Smallwood

Silver Wheaton CEO, Randy Smallwood, explains why the current funding environment is good for the company and why he remains bullish on the metal.

Real interest rates and the lack of a gold bubble - Ross Norman

Speaking to Mineweb from the Denver Gold Group's European Gold Forum, Ross Norman explains why gold is not in a bubble and why investors must continue to come to the party

The likelihood of QE and a long-cycle correction for gold – Murenbeeld

Gold is roughly in the middle of a 20 to 25 year cycle and should break through its all time highs within the next few years but, it won't be smooth sailing

Junior financing and avoiding "slippery slope" economics

GCIC portfolio manager, Robert Cohen, looks at the lay of the gold equity land and what the money currently on the sidelines is looking for

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2012 New York Hard Assets Investment Conference and Exhibition
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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
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Venue: Hyatt Regency, Denver, CO, USA
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2012 Chicago Hard Assets Investment Conference and Exhibition
Date: 21 September 2012 - 22 September 2012
Venue: McCormick Place Convention Center/McCormick Place Hyatt
The first Chicago Hard Assets Investment Conference features two full days of presentations from analysts, forecasters, metals mining experts, public exploration companies, and newsletter editors. Read More

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, Johannesburg

 

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