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| | | | For the first time in 10 years, Puru Saxena is bullish on US equities and has no exposure to gold and silver, he tells Mineweb why. | | | | | TOP STORIES | Wednesday , 20 Jun 2012 | | In the first white paper of its kind published on rare earths, China's Central Government pledges to follow WTO rules, strengthen the industry's management, and supply rare earths globally. Wednesday , 20 Jun 2012 | | Louis Dreyfus calls on BC court to force top level resignations and disclosure investigation. Tuesday , 19 Jun 2012 | | Despite a historic policy of expropriation that cost K+S Group its first Saskatchewan potash operation in the 1970s, the German company has returned four decades later with its new Legacy project. Wednesday , 20 Jun 2012 | | Semafo says it has discovered a long gold mineralized trend not far from an operating mineral processing plant. Tuesday , 19 Jun 2012 | | Mushrooming gold loan companies in India have opened up an avenue for households to unlock the value of their gold holdings as prices of the precious metal rise. Tuesday , 19 Jun 2012 | | Historically, major gold exploration has occurred when the Dow is at its weakest, and Quinton Hennigh believes this time is no different. An interview with The Gold Report. Tuesday , 19 Jun 2012 | | The rare earth market is made up of 4 or 5 distinct, critical rare earths that should be the focus for investors at the moment, says Jack Lifton. A Critical Metals Report interview. Wednesday , 20 Jun 2012 | | The miner will spend $3.7 billion to increase output by a further 25% to 353 million tonnes a year by 2015, shrugging off forecasts of waning demand and a looming global supply glut. Wednesday , 20 Jun 2012 | | After finding out that the US Justice Department is conducting an criminal investigation of the EPA over the case, Asarco filed a motion asking the court to nullify the settlement. Wednesday , 20 Jun 2012 | | Dismal market conditions combined with despair about Europe's mounting debt crisis have brought the M&A market to almost a standstill just as 5 major assets in Brazil and the U.S. are put on the block. Wednesday , 20 Jun 2012 | | The first stage of the project is due to start on July 4, with raw materials supplied by Indonesian iron-nickel ore firm PT Yiwan Mining under a 20-year contract. Wednesday , 20 Jun 2012 | | Head of the gold committee at the Society of Mining, Oil and Energy, Jose Miguel Morales, says overall mining output will likely fall around 4% and could suffer more in coming years if new mines are not developed. Wednesday , 20 Jun 2012 | | Industry sources say China may soon have a sizeable stake in the Horizon nuclear project after two of its state firms teamed up with Western players to bid for a JV that is planning a $24 billion investment. Tuesday , 19 Jun 2012 | | The company expects Chinese copper demand to continue to grow in the second half of 2012 as the country's efforts to stimulate its economy are likely to raise consumption of the metal. Tuesday , 19 Jun 2012 | | The Russian steel and mining group says it will keep potential capex at $1.5 billion on average in the coming four years, as it targets EBITDA of $5 billion in 2016. Tuesday , 19 Jun 2012 | | RUSAL said Tuesday the Export-Import Bank of China will help it finance a greenfield project in Eastern Siberia that is expected to cost as much as $850 million. Tuesday , 19 Jun 2012 | | On paper, the outlook for Mozambique could not be rosier, but some fear the benefits of the nation's incipient economic boom are out of reach for the vast majority of its 23 million people. Tuesday , 19 Jun 2012 | | While Extorre's management team belives the Yamana deal is the best one on the table, the shareprice has been hammered by a number of factors recently and has been much higher. Tuesday , 19 Jun 2012 | | Standard Chartered's Judy Zhu expects copper to trade in a relatively tight range in the short term with a hope of some rebound going into Q4. | | "All these things have been pushing gold up and down, and up and down but I think ultimately the markets are becoming more pro-gold." | | Co-chair of Osler Hoskin & Harcourt's Mining Group, David Hanick, looks at some of the emerging trends in the mining M&A space. | | Investec Asset Management, investment strategist, Michael Power believes that the balance of economic power is shifting from the west to the rest and taking commodities with it. | | |
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HIGHLIGHTS - Recent drilling extends area of Häggån mineralisation
- Mineralisation up to 148 metres thick identified including new area of near surface mineralisation
- Intersections of 147m@170ppm uranium only 15m from surface
- Expanded resource expected in third quarter 2012
- Positive impact on project economics anticipated
- Results still to come on additional material collected for next stage of metallurgical test work
Excellent results from Aura Energy Limited's (ASX: AEE, "Aura") latest drilling programme confirms thick uranium mineralisation in previously untested areas of its wholly-owned Häggån Project in central Sweden. These results are expected to support a substantial increase to the existing JORC resource. The resource currently stands at a 631 million pounds uranium at an average grade of 162 parts per million. For the full release click here | | | | | | | | | | | | CONFERENCES | 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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