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| | | | Credit Suisse's Tom Kendall looks at the likely impact of QE3, what we can expect from Asian demand in the rest of the year and, what we can expect over summer. | | | | | TOP STORIES | Thursday , 05 Jul 2012 | | Responding to demands for withdrawal of his proposed constitutional amendment calling for up to 40% state ownership in mining projects, Guatemala's president said Article 125 was "misinterpreted." Thursday , 05 Jul 2012 | | China, the world's largest gold producer, is still reporting production increases with its latest 5-month output statistics but there are indications that the pace of growth may be slipping. Thursday , 05 Jul 2012 | | Commentators on the gold market are increasingly looking to QE3 as the likely catalyst for gold's next up leg, what happens if it doesn't come? Wednesday , 04 Jul 2012 | | It still isn't clear what is at stake as protesters continue to block access to iron ore mine sites on the Quebec side of the Labrador Trough. Wednesday , 04 Jul 2012 | | Stornoway opts for diesel despite 'marginal' savings of a powerline that would cost Stornoway $174 million to build. Wednesday , 04 Jul 2012 | | Turkey's centuries old relationship with gold has been primarily facilitated by jewellery makers but, in recent months banks have been pouring their expertise into convincing customers to open gold deposit accounts. Thursday , 05 Jul 2012 | | The Central Asian country says the third refinery would add enough capacity to ensure it is able to refine all of the gold it produces for supply to the central bank. Thursday , 05 Jul 2012 | | Adrian Ash divides the Dow Jones index of stocks by the Gold Price 80 years after its low and comes up with some interesting results. Thursday , 05 Jul 2012 | | One person was left dead on Wednesday as the protests against Newmont Mining's $5 billion Conga gold mine turned violent and led to the detention of opposition leader Marco Arana. Thursday , 05 Jul 2012 | | The Australian Competition and Consumer Commission weighed the impact of the proposed bid on Australian and global markets for coal, copper, nickel, cobalt and zinc and concluded not to oppose it. Thursday , 05 Jul 2012 | | Aquarius has challenged other platinum miners to cut production and end a supply glut that means an increasing number of mines are unprofitable. Thursday , 05 Jul 2012 | | According to Eldorado Gold Corp, Greece's top administrative court has ordered it to stop cutting trees on its properties in Northern Greece. Thursday , 05 Jul 2012 | | Complaints that the dominant NUM, which is highly affiliated with the ruling ANC party, is not defending the interests of its rank and file have put the legendary labour grouping under seige. Wednesday , 04 Jul 2012 | | Resource rich Portugal is now resurrecting its historically significant mining industry to help it pull its way out of its economic quagmire. Wednesday , 04 Jul 2012 | | The miner has revised its gold production forecast for the year despite having lowered it in May after halting mill expansion plans at its Tabakoto mine in Mali due to a military coup. Wednesday , 04 Jul 2012 | | The unit is said to be considering the possibility of conducting an IPO, a move analysts say may be a way to manage the impact of new foreign ownership rules in the resource-rich archipelago. Wednesday , 04 Jul 2012 | | CEO Vinod Nowal says the company is looking to reach its full capacity of 14.3 million t/y in the next two months on expectations of additional iron ore from mines in Karnataka. Wednesday , 04 Jul 2012 | | Gold and silver have both moved back above significant resistance levels over the past few days, but it is still probably down to pronouncements by the U.S. Fed as to where prices will go from here. Wednesday , 04 Jul 2012 | | Standard Chartered's Jeremy Gray looks at how the commodities sector is currently placed and why future supply is going to become a big issue. | | Nicholas Brooks, head of research and investment strategy at ETF Securities explains the recent strong moves seen in gold exchange traded commodities. | | Mitsui and Co Precious Metal's David Jollie looks at the current state of the platinum sector and where it is likely heading. | | Frank Holmes and Brian Hicks talk about the performance of gold stocks relative to bullion and why management ownership improves stock performance. | | |
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Champion Announces Mineral Resource Estimate for the Oil Can Deposit on the recently designated Consolidated Fire Lake North Property Toronto (Canada), July 4, 2012 - CHAMPION MINERALS INC. (TSX: CHM;OTCQX: CPMNF; FSE: P02)("Champion", or the "Company")is pleased to announce the completion of a current Mineral Resource Estimate for the Oil Can Project ("Oil Can") located within the recently designated Consolidated Fire Lake North Property and within Champion's wholly-owned Fermont Cluster 2 Holdings (Figure 1). The Mineral Resource Estimate was completed by P&E Mining Consultants Inc. ("P&E") of Brampton, Ontario, based on 19 drill holes totalling 8,435 m, completed between August 5 and December 11, 2011. The current Mineral Resource Estimate is outlined in the following table (Table 1): For full release, click here | | | | | | | | | | | | | | | | | 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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