Wednesday, May 16, 2012

MINEWEB.COM'S TOP STORIES: Is the resource boom over? A resounding No!

Mineweb logo
 

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

 

 

FEATURED PODCAST                                                     

Gold junior financing troubles and a risk off environment - Welsh

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

TOP STORIES | Wednesday , 16 May 2012                                                     

Is the resource boom over? A resounding No!

Speaking at the New York Hard Assets Investment Conference this week, respected analyst Adrian Day gave the reasons for his belief that the recent resource boom is still far from over.    Wednesday , 16 May 2012

After making great strides in 2011, BC mining is 'forging ahead'-PwC report

While British Columbia has a lot of reasons to be optimistic about mining, there is no room for complacency, says the leader of PwC's BC Regional Mining Practice.    Wednesday , 16 May 2012

Kumtor Mine production woes slam Centerra Gold 1Q financials

Centerra Gold's production plummeted during the first quarter, sending total cash costs soaring to $985 per ounce.    Wednesday , 16 May 2012

Great Basin Gold steps in to rescue BEE deal

While Great Basin Gold has had a tough road to walk over the last few months, CEO Ferdi Dippenaar believes worst is behind them and is looking forward to more consistency    Wednesday , 16 May 2012

Canaco shares plummet on maiden million ounce gold resource

It seems some investors were expecting more from Canaco than a million ounce resource with open-pit indicated and inferred grades @ 1.48 g/t gold and 1.36 g/t Au respectively.    Wednesday , 16 May 2012

Trevali smoothes out production horizon with mine, mill acquisition

Trevali Mining solves a milling dilemma with the acquisition of its own mill in New Brunswick.    Tuesday , 15 May 2012

BHP Billiton expects commodity markets to cool further

The world's biggest miner says it sees commodity markets cooling further and reckons investors have lost confidence in the longer-term health of the global economy.    Wednesday , 16 May 2012

Paulson keeps gold ETF exposure in Q1

Hedge fund manager John Paulson held on to his ETF bullion holdings in the first quarter of this year, gaining from an early surge in gold prices before the market tanked.    Wednesday , 16 May 2012

NYSE Euronext bid for LME deemed too low

A spokesman for the exchange said Tuesday its US$1.28 billion bid, submitted last week as part of the second round of the takeover process, was deemed too low.    Wednesday , 16 May 2012

A Greek exit's impact on gold

For David Levenstein, even though gold's long-term trend remains intact, the short-term damage so far inflicted suggests gold may trade to between $1525/oz to $1500/oz before prices rebound.    Wednesday , 16 May 2012

Doe Run Peru submits final plan to avoid liquidation

After rejecting the company's initial restructuring plan last month, creditors voted to start an operational liquidation that left room for it to avoid losing its La Oroya smelter, once one of Peru's largest.    Wednesday , 16 May 2012

Freeport-McMoRan concerned by Indonesia mine violence

CEO Richard Adkerson says the violence around its vast Grasberg mine is concerning but is confident the firm can resolve issues with the Jakarta government over moves to limit foreign miners' operations and profits.    Tuesday , 15 May 2012

European gold reserves unchanged at 433 billion euros

The latest data from the European Central Bank showed Tuesday that gold reserves held by European central banks remained unchanged at 432.705 billion euros in the week ending May 11.    Tuesday , 15 May 2012

ThyssenKrupp considers selling Brazil, Alabama steel mills

The management board had decided to examine all strategic options including a partnership or a sale for the two mills, in which it has invested a total of 12 billion euros.    Tuesday , 15 May 2012

Gold explorer International Tower Hill Mines parts ways with CEO

The gold miner says it has started looking for a new CEO to replace James Komadina who has resigned for personal reasons.    Tuesday , 15 May 2012

Yesterday's Top Story: We are at a major bottom in gold and gold shares - Bob Moriarty

Bob Moriaty provides a contrarian's guide to volatile markets and the reasons why he is looking at junior miners now.    Tuesday , 15 May 2012

PODCASTS / RADIO                                                     

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"

Zinc's long term future and current drivers - Huw Roberts

CHR Metals director Huw Roberts, looks at the reasons behind the emerging return of interest in zinc on the part of analysts and what we might expect in the medium term

Mineweb is the world's top mining and mining investment news website and is read in over 200 countries daily by mining company executives, financiers and investors.  According to independently published global website analysis, Mineweb is ranked far higher in terms of daily readership than any other directly competitive website.

Mineweb is updated around the clock, so to keep abreast of news throughout the day we suggest you do check our homepage for updates - www.mineweb.com

Follow mining news updates on Twitter http://twitter.com/Mineweb

Mineweb's iPad app is now available! Go to www..mineweb.com/apps or to the Apple app store to download it.

 
 

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

 

   Manage your subscription | Subscriber help

   If you can't access the Mineweb site from this email, please email us with the words "Problem email" in the
   subject line, and we will address the problem.

   You have voluntarily joined this mailing list. To unsubscribe, please click here

   © Mineweb 2012 | Terms and Conditions of use | About Mineweb | Contact Mineweb | Advertise

No comments:

Post a Comment