Thursday, June 7, 2012

MINEWEB.COM'S TOP STORIES: Was Regent the heavy or the fall-guy for Barrick's missteps?

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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

 

 
 

TOP STORIES | Thursday , 07 Jun 2012                                                     

Was Regent the heavy or the fall-guy for Barrick's missteps?

As a new co-chairman shares Chairman Peter Munk's workload, employees and shareholders may finally have to concede that Barrick Gold's patriarch can't manage the world's top gold miner forever.    Thursday , 07 Jun 2012

Disconnect between mining companies, shareholders is multiplying-PwC

In spite of record profits, record operating cash flows and a 156% increase in shareholders, the disconnect between Top 40 mining companies and shareholders is growing, says a PwC report.    Thursday , 07 Jun 2012

No junior drilling slump, but caution at the bit - Major Drilling

Junior miners are taking a more focused approach to drilling according to Major Drilling.    Wednesday , 06 Jun 2012

Just because its not safe doesn't mean gold's not going up - Gartman

Dennis Gartman believes that while it is a speculative play, the yellow metal is going to continue on its route from the bottom left to the upper right hand side of the graph.    Wednesday , 06 Jun 2012

SA's mineral wealth not its mines should be nationalised - NUM

A lonely figure amidst voices of conciliation, the National Union of Mineworker's Madoda Sambatha called for the actual nationalisation of South Africa's mineral wealth rather than its mines.    Wednesday , 06 Jun 2012

Continental Gold brings aboard ex-Kinross, Barrick veteran

Continental Gold adds Kenneth Thomas to its board on the heels of multiple operational hires.    Wednesday , 06 Jun 2012

Rare earth metals from mine to magnet - key facts on manufacture and production.

Bob Wolf explains why some rare earth metals are irreplaceable and recounts the difficulties faced by miners wishing to produce them. Critical Metals Report interview.    Wednesday , 06 Jun 2012

China's $23bn steel project budget to ignite iron ore

Chinese demand for iron ore is seen rebounding after the country approved an estimated $23 billion of steel projects that will use material produced by miners such as Rio Tinto and BHP Billiton.    Thursday , 07 Jun 2012

Gold inches up ahead of Bernanke testimony

Analysts will be listening closely to Ben Bernanke for any hints that more bond buys are in store, especially after the lack of immediate aid for the troubled euro zone from the ECB.    Thursday , 07 Jun 2012

Tajikistan's TALCO posts 7.4% yr/yr drop in aluminium output

TALCO produced 122,338 tonnes of the metal in January-May 2012 versus 132,058 tonnes in the same five months last year, a source close to the company's management said Thursday.    Thursday , 07 Jun 2012

Copper gains on hopes of Spain rescue, US stimulus

Prices rose Thursday, spurred by optimism that Europe is seeking a way to solve Spain's banking crisis and that the US will launch measures to boost its economy.    Thursday , 07 Jun 2012

Norilsk Nickel 2011 net profit at $3.6bn

The company expected to report a net profit of about $5 billion, broadly flat on the previous year, Norilsk chief executive Vladimir Strzhalkovsky said in January.    Wednesday , 06 Jun 2012

Kinross Gold's Mauritania mine hit by worker strike

The miner says the workers at its Tasiast gold mine have initiated an unlawful work stoppage, halting mining and processing activity at the facility.    Wednesday , 06 Jun 2012

ArcelorMittal eyes clearance for Arctic mine early 2013

The steelmaker is hoping to clear all regulatory hurdles in Canada early next year, allowing it to begin construction of its planned iron ore mine near the Arctic.    Wednesday , 06 Jun 2012

South Africa's AMCU recruits workers at Amplats

Despite allegations it is using violence and intimidation to peel members away from the dominant NUM, the union says it is recruiting at Anglo American Platinum, top producer of the metal.    Wednesday , 06 Jun 2012

Yesterday's top story: Which is the healthiest gold company?

With the help of S&P Capital IQ Mineweb has looked at the credit health of some of the world's gold miners and the results are somewhat surprising.    Tuesday , 05 Jun 2012

PODCASTS / RADIO                                                     

Why gold isn't a safe harbour and why it could still go up - Gartman

The Gartman Letter author, Dennis Gartman, looks at why he doesn't see gold as a safe harbour and how he sees the global political mess unfolding over the next few months.

Current gold price action counter-intuitive - Embry

Sprott Asset Management's John Embry believes at current levels gold is offering the finest buying opportunity of the whole 12 year bull market.

Europe, Iran and other Black Swans - Ian McAvity

Ian McAvity looks at some of the major events taking place at the moment and what they might mean for gold, silver and the rest of the commodities complex.

Greek exit scenarios and what it means for gold - Grant Williams

The author of Things That Make You Go Hmmmm..., looks at whether or not an orderly exit is possible and what it all might mean for gold.

 

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CONFERENCES

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Date: 20 June 2012 - 21 June 2012
Venue: JW Marriott Hotel, Hong Kong
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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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