Monday, May 14, 2012

MINEWEB.COM'S TOP STORIES: Large-scale batteries may be a major kicker for vanadium-Ecclestone

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TOP STORIES | Monday , 14 May 2012                                                     

Large-scale batteries may be a major kicker for vanadium-Ecclestone

While vanadium is "not the word on everyone's lips", Hallgarten's Christopher Ecclestone suggests new uses for and increased usage of the base metal in Chinese steel could make it "more sexy."    Monday , 14 May 2012

Senate bill seeks to stop 'fire sale' of Federal Helium Reserve

The dwindling U.S. government stockpile of helium has scientists, politicians, corporations and federal employees concerned about the ramifications to medicine, science and industry.    Monday , 14 May 2012

Rising costs bite into Lonmin H1 profit

Hit by rising costs, weak European demand and safety stoppages that weighed on output, the platinum miner says its first-half pre-tax profit fell to $18 million from $159 million a year ago.    Monday , 14 May 2012

Aurubis Q2 profit beats analyst estimates

Analysts polled by Reuters expected Aurubis, on average, to post a 52.8% drop in its second quarter net profit, but the company achieved net earnings of $143.7 million    Monday , 14 May 2012

Calls for Indian gold bonds grow louder

The Indian government is mulling the issuance of gold bonds to decrease imports, arrest the rupee's slide and channel household savings into infrastructure.    Friday , 11 May 2012

Osisko reviewing gold guidance after fire, ramp-up delay

Osisko Mining puts up a flag on 2012 guidance, saying it is under review following a fire and mine ramp-up issues.    Friday , 11 May 2012

The case for Capstone's strong first quarter

It is as much in what didn't happen than what did that underpins why Capstone Mining called Q1 2012 a "strong" one.    Friday , 11 May 2012

Fronting and shady procurement plague SA mining - Shabangu

During her annual departmental budget speech to Parliament, South Africa's Mineral Resources Minister slammed poor transformation in mining.    Friday , 11 May 2012

Kumba's Sishen saga heads for Appeal Court

South Africa's high court granted ICT and the department of mineral resources leave to appeal a ruling on the ownership of lucrative iron mineral rights    Friday , 11 May 2012

Polymetal sells Veduga gold deposit stake to Polygon

The company said while, the deposit is non-core, by retaining a stake of more than 80%, it will be able to benefit from the development of the asset.    Monday , 14 May 2012

RUSAL Q1 net profit plunges 84% as aluminium prices slip

The world's largest aluminium miner posted an 84% drop in its Q1 net profit as prices fell, potentially fuelling a shareholder row over its refusal to sell its stake in Norilsk Nickel.    Monday , 14 May 2012

BHP leaves door open for US shale gas assets write-down

Chief petroleum executive J. Michael Yeager says the company will review the future of its Fayetteville and Petrohawk shale gas assets at the end of the fiscal year on June 30.    Monday , 14 May 2012

Illinois Basin braces itself for yet another coal mining boom

With coal mining slowing in Appalachia, where many of its mines are played out and expensive to work, new investors are drawn to the historic Illinois Basin coal fields.    Friday , 11 May 2012

Gabriel hoping to engage with new Romanian govt

Gabriel Resources is hoping to engage with Romania's new government soon in order to be able to update investors on the future of its controversial Rosia Montana gold project.    Friday , 11 May 2012

Kazakhmys top shareholder makes way for independent chairman

Top shareholder Vladimir Kim will make way for an independent chairman to lead the London-listed Kazakh copper miner within the next 12 months.    Friday , 11 May 2012

Indonesia plans new quotas to limit mineral exports

The quotas, which will be initially introduced between June and August, will apply to all mineral exporters, a Trade Ministry official said Friday.    Friday , 11 May 2012

Weekend's Top Story: Endeavour Mining discovers new gold zones at Nzema

The miner said Friday the discovery confirms its view that there is great potential to extend the life of its 90%-owned Nzema mine in Ghana    Friday , 11 May 2012

PODCASTS / RADIO                                                     

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

Central Bank gold buying, consolidation and the impact of the euro zone - Nichols

Jeff Nichols, looks at why central bank buying is so important and the potential impact of a breakup of the euro zone on the gold market

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CONFERENCES

2012 New York Hard Assets Investment Conference and Exhibition
Date: 14 May 2012 - 15 May 2012
Venue: Marriott Marquis Hotel, Times Square, New York
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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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