| 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
| | | | Mitsui and Co Precious Metal's David Jollie looks at the current state of the platinum sector and where it is likely heading. | | | | | TOP STORIES | Tuesday , 26 Jun 2012 | | U.S. House members are urging the SEC to issues final rules for mining companies for reporting payments made to foreign governments, as well as conflict minerals disclosures. Tuesday , 26 Jun 2012 | | The face of Fire River Gold changes considerably as two top managers, including its president, and two directors resign. Tuesday , 26 Jun 2012 | | Standard & Poor's has assigned a BB- rating to Coeur d'Alene Mines proposal to issue $350 million of unsecured notes and enter into a $100 million revolving credit facility. Tuesday , 26 Jun 2012 | | While in the short term, demand for diamonds globally is struggling, analysts say demand from China and India is set to far outpace the annual 2.8% supply growth. Monday , 25 Jun 2012 | | According to Dr. Paul Jourdan, South Africa would do better leaving its minerals in the ground if it can't better link its mining sector to the broader economy. Monday , 25 Jun 2012 | | Junior mining stocks were off heavily on Monday with the Venture sinking to lows not seen in years. Monday , 25 Jun 2012 | | ANC delegates will this week debate proposals for a mining windfall tax of 50% as an alternative to nationalising mines in the world's largest producer of platinum, chrome and manganese. Tuesday , 26 Jun 2012 | | According to Julian Phillips, if the euro is not saved within the next three months, the world faces the next phase of deflation, something feared terribly by central bankers. Tuesday , 26 Jun 2012 | | Declining to comment on a legal dispute over stake sale in Anglo American's Sur asset, CEO of Mitsubishi's metals unit says the purchase was worth it and will generate as much as $500 million a year. Tuesday , 26 Jun 2012 | | In a resolution published in the official gazette, the government extended the deadline for more than 100 companies, including some hard-hit miners, to cash in export earnings on the local forex market. Tuesday , 26 Jun 2012 | | The Australian company will sell the stake to meet Indonesian foreign ownership requirements introduced this year, a senior executive said on Tuesday. Tuesday , 26 Jun 2012 | | Dealers with knowledge of the matter say Morgan Stanley is bidding for 60 million shares in the miner on an all-or-nothing basis for an unnamed client rumoured to be Twiggy Forrest. Tuesday , 26 Jun 2012 | | The International Monetary Fund says the mineral-rich country needs to continue cleaning up its extractive sector if it is to receive the latest instalments of a $550 million loan. Tuesday , 26 Jun 2012 | | Vale has sold its Colombia coal mines for $407 million in cash to a unit of Colombian Natural Resources, a mining company controlled by U.S. investment bank Goldman Sachs. Tuesday , 26 Jun 2012 | | A lightning strike triggered a wildfire near the Bellekeno mill on Friday, forcing Alexco to shut down the mine, mill and surface exploration operations as a precautionary measure. Monday , 25 Jun 2012 | | The company will sell 685 million shares at 4.67 yuan apiece, pricing the IPO at 16.2 times historical earnings, according to an exchange filing. Monday , 25 Jun 2012 | | The government plans to halt production at the Smederevo steel plant next month despite having bought it back from U.S. Steel for a nominal $1 to avert closure last December. Monday , 25 Jun 2012 | | Guatemala's Union of Extractive Industries says it will not support sweeping reforms to the nation's Mining Act, which include permanent royalty increases and the creation of a state mining company. Monday , 25 Jun 2012 | | Frank Holmes and Brian Hicks talk about the performance of gold stocks relative to bullion and why management ownership improves stock performance. | | 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. | | 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." | | |
| | | | 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.
| | | | | | | | | | | | | | | | | 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 | | |
No comments:
Post a Comment