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| | | | According to Mark Cutifani, AngloGold Ashanti CEO, the group's diversity helped boost the numbers for the quarter, as did the higher gold price | | | | | TOP STORIES | Friday , 11 May 2012 | | Scotiabank economist Patricia Mohr says the pullback in commodity prices remains relatively mild with signs pointing to a rebound this month. Friday , 11 May 2012 | | Nevsun suggests it has a firm basis for a revised guidance, though one analyst remains cautious on the forecast. Friday , 11 May 2012 | | Molycorp officials have reaffirmed their intention to commence Project Phoenix Phase 1 production rates at the company's flagship Mountain Pass operation at the beginning of the fourth quarter. Friday , 11 May 2012 | | Apparently more than 50 firefighters battled a fire at Osisko's Canadian Malartic gold mine's mill leading to it being evacuated and shut down, possibly for 2-3 weeks. Actual mining operations are unaffected. Thursday , 10 May 2012 | | AngloGold's South African gold mining operations' problems fail to dent enthusiasm as gold production in the rest of Africa and elsewhere overtakes that at the tip of the continent. Thursday , 10 May 2012 | | Ramelius Resources said Thursday it has discovered a potentially blind, high-grade target between the Galtee More and Spearmont open pits at its Mt Magnet gold mining ops in WA. Thursday , 10 May 2012 | | The company said Thursday it will suspend sales and purchase agreements at its Goro nickel project after an accident at the mine's sulfuric acid plant. Friday , 11 May 2012 | | Lynas Corp believes the public hearing set for May 21 in Kuala Lumpur will be the final step in the process to start up its widely opposed rare earths plant in Kuantan. Friday , 11 May 2012 | | Increased palladium production at its flagship Lac des Iles mine in Ontario narrowed the company's first-quarter loss to C$928,000 from C$10.3 million a year earlier. Friday , 11 May 2012 | | The Gulf state is expected to continue building its stake in Xstrata Plc, currently at 8.5% to 10%, the Financial Times reported Thursday. Friday , 11 May 2012 | | Income disparities, labour strife and political populism are fueling intense brands of resource nationalism in South Africa and Zimbabwe, where most of the world's platinum is situated. Thursday , 10 May 2012 | | Traders and industry sources say Brazil's Vale had stopped using Chinese iron ore carriers to get even with the Chinese government which has banned its huge ships. Thursday , 10 May 2012 | | The gold miner has lowered its production forecast for this year after it halted mill expansion plans at its Tabakoto mine in Mali as a result of the March military coup. Thursday , 10 May 2012 | | As from April, South Africa's marginal tax rate applicable to gold mining companies dropped from 43% to 34%, but analysts say the deferred tax is only a once-off boost. Thursday , 10 May 2012 | | For whatever reason gold and silver prices have been falling recently, but this may be irrelevant in the long term scheme of things (Updated with charts) Wednesday , 09 May 2012 | | "We are probably going through the correction now, the second half of the year is likely to be a little better" | | 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 | | 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 | | Natixis's head of commodities research believes we could see China well stocked with copper this year and the rest of the world a little short on the metal. | | |
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Gold Resource Corporation Reports Record First Quarter Results COLORADO SPRINGS - May 10, 2012 - Gold Resource Corporation (NYSE Amex: GORO) today announced record results for its first quarter ending March 31, 2012, including an increase of 308% production of precious metal gold equivalent and an increase of 281% mine gross profit over the first quarter of 2011. Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico. For full release, click here | | | | | | | | | | | | | | | 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 | | 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 | | 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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