Friday, May 18, 2012

MINEWEB.COM'S TOP STORIES: China to increase 2012 rare earth exports by 10,680 metric tons

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FEATURED PODCAST                                                     

WGC Gold Demand Trends Q1 2012 - Marcus Grubb

The World Gold Council's MD for Investments looks at the gold investment demand trends over the first quarter in particular the difference between Eastern and Western investment demand.
 

TOP STORIES | Friday , 18 May 2012                                                     

China to increase 2012 rare earth exports by 10,680 metric tons

An additional 10,680 tonnes of light and medium to heavy rare earths will be allocated this year to 12 Chinese companies for export, China's Commerce Department has announced.    Friday , 18 May 2012

Silver supply to pass the billion ounce mark this year-CPM

Silver price increases have had a positive impact on primary silver producers as global silver mine production may hit 729 million ounces this year, and total supply over 1 billion ounces, says New York-based CPM Group.    Thursday , 17 May 2012

Obama Administration declares Burma open to U.S. mining investment

U.S. mining and exploration companies can now officially join their Australian, Canadian, Chinese, European, French, Thai and Korean counterparts in the rush to develop Burma's mineral riches.    Friday , 18 May 2012

Avion Gold cash costs jump in Mali with shift to underground

Avion Gold continued to signal delays on its Tabakoto mill expansion during a conference call on Thursday.    Friday , 18 May 2012

Gold must stay above US$1500 to sustain the gold industry - Holland

Gold Fields CEO, Nick Holland believes that gold's fundamentals remain intact and that patient investors will be rewarded.    Thursday , 17 May 2012

MAG Silver connects more silver-polymetallic dots over 3-4km strike

For MAG Silver, the Bridge and Jose zones on its Cinco de Mayo project in Mexico are becoming a story of strike length and depth - long and deep.    Thursday , 17 May 2012

Asian gold investors buy as Europe holds back

While Chinese gold demand in Q1 2012 grew to a record, demand for the precious metal in Europe, especially by investors, remained weak.    Thursday , 17 May 2012

Opportunity knocks in silver: Chris Thompson

Silver has been called the devil's metal because of its volatility. But volatility produces opportunity, according to Chris Thompson of Haywood Securities. Interview with The Gold Report.    Friday , 18 May 2012

Why gold demand remains resilient

US Global Investors CEO, Frank Holmes, looks at the latest WGC data for the reasons behind the stubborn nature of gold demand.    Friday , 18 May 2012

BHP may delay at least 2 mega projects to curb spending

Analysts reckons the mining group is likely to delay signing off on at least two mega projects after its chairman put the brakes on an $80 billion mega spending plan.    Friday , 18 May 2012

Rival unions clash at Implats' troubled Rustenburg mine

Supporters of both NUM and AMCU clashed at two different locations on the mine property, requiring the intervention of the South African Police Services, Implats says.    Thursday , 17 May 2012

Mali's interim govt raises gold sales tax 2%

The tax hike came as a senior mines ministry official said Mali will miss its 2012 output target of just over 49 tonnes, adding it was too early to give a new figure.    Friday , 18 May 2012

Osisko Mining restarts Canadian Malartic mill

The company's Canadian Malartic mill in Quebec has restarted operations a week after a fire damaged some equipment at the gold-processing facility.    Friday , 18 May 2012

Codelco's key mines hit by protests but output unaffected

A group of subcontractors blocked certain roads at Codelco's Andina, Chuquicamata, Gaby and Radomiro Tomic mines Thursday but the miner says operations are unaffected.    Thursday , 17 May 2012

Turkey's gold exports to Iran soar as sanctions bite

Data from Turkey's Statistics Institute showed Thursday gold exports to Iran rose over 30 times as Iranians turned to gold for savings and possibly trade as Western sanctions tighten.    Thursday , 17 May 2012

Paper gold & silver Ponzi exposed - Technical analysis

Anyone watching the gold and silver market understands that something is not right. An objective look at the fundamentals suggests that there seems to be no substance behind the recent downwards move.    Friday , 18 May 2012

Yesterday's Top Story: Shareholders ask questions of AMSA CEO's pay hike

Shareholders raised concerns at ArcelorMittal South Africa's AGM Wednesday particularly as to the remuneration paid to CEO, Nonkululeko Nyembezi-Heita    Wednesday , 16 May 2012

PODCASTS / RADIO                                                     

Gold junior financing troubles and a risk off environment - Welch

Ocean Equities analyst, Chris Welch, looks at some of the reasons behind the recent slump in junior miners and what we might expect for the rest of the year.

Platinum, palladium market trends 2012 - Johnson Matthey

Johnson Matthey Publications Manager, Jon Butler, looks at what happened in the PGM market in 2011 and looks ahead to the anticipated trends for 2012

AngloGold Ashanti Quarterly earnings - Mark Cutifani

According to Mark Cutifani, AngloGold Ashanti CEO, the group's diversity helped boost the numbers for the quarter, as did the higher gold price

Chinese demand, the US election and the outlook for gold over summer - Steel

"We are probably going through the correction now, the second half of the year is likely to be a little better"

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CONFERENCES

RES - Broken Hill 2012
Date: 20 May 2012 - 23 May 2012
Venue: Civic Centre, Broken Hill, Australia
A 2.5 day symposium with key industry players, private investors and world class international speakers. Learn more about the resources and energy sector and how it impacts Australia's future and the global economy. Read More
Earth's Resources Conference 2012
Date: 20 June 2012 - 21 June 2012
Venue: JW Marriott Hotel, Hong Kong
A high-powered invitation-only conference bringing together institutional investors and mining companies interested in particular in generating investment in the Asian marketplace. 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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