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| | | | | | | TOP STORIES | Wednesday , 04 Jul 2012 | | Mining companies in Argentina must conduct inventories of glaciers and periglacial areas, Argentina's high court has ruled, while mining activities must now be regulated by the federal government. Wednesday , 04 Jul 2012 | | A long-simmering dispute involving indigenous communities, illegal mining, and the Mallku Khota mining project in the Andean Potosí region has erupted into kidnapping and property destruction. Wednesday , 04 Jul 2012 | | A dissident group wants to clean house at Maudore, which controls the interesting Comtois gold project in Quebec, while management maintain all the furniture's in the right place. Wednesday , 04 Jul 2012 | | Some commentators think supply side issues will be the burning question for miners in the next 12 to 18 months, others are not quite as sure. Tuesday , 03 Jul 2012 | | Empire Mining, a junior explorer, hailed court decisions as "momentous" and contra naysayers who might see return of rights as "impossible." Tuesday , 03 Jul 2012 | | The development of Scotgold's small-scale Cononish gold/silver mining operation in the Scottish Highlands moves closer with interim convertible financing from RMB. Tuesday , 03 Jul 2012 | | Australia's PanTerra Gold reports its Albion process oxidation plant for treatment of refractory tailings from the original Pueblo Viejo gold/silver mine in the Dominican Republic is close to achieving design parameters. Tuesday , 03 Jul 2012 | | Three people have died and many injured when Peruvian police clashed with protestors in the town of Celendin, who are opposed to Newmont's plans to build a $5bn gold mine. Wednesday , 04 Jul 2012 | | Jeb Handwerger* says that despite market malaise, the outlook for heavy rare earth element (HREE) and niobium demand is compelling. There is a desperate need for new supply sources. Critical Metals Report interview. Wednesday , 04 Jul 2012 | | Owner and CEO Alexey Mordashov expects consumption growth to slow in line with Chinese economic growth, Russian daily newspaper Kommersant reports. Wednesday , 04 Jul 2012 | | Executive Chairman Frank Timis who had been running the iron ore miner since May will become non-executive chairman when Keith Calder take over the reins as the new CEO. Wednesday , 04 Jul 2012 | | Resuming mining in the region will boost supplies to steel mills including JSW Steel, the nation's third-biggest producer, that cut output on the ore shortage. Wednesday , 04 Jul 2012 | | Thousands of people in Chinese city of Shifang took to the streets over the past three days against the government's plans to allow the building of a copper alloy plant, the latest unrest spurred by environmental concerns. Wednesday , 04 Jul 2012 | | The ECB is expected to cut interest rates Thursday in the wake of a string of weak economic data, a move that would likely support gold as it typically benefits from a low interest rate environment. Wednesday , 04 Jul 2012 | | Activist fund Knight Vinke, a top-20 shareholder in Xstrata, says Glencore's bid does not represent fair value for Xstrata on current terms and also objected to the fact no premium is being paid for a change of control. Tuesday , 03 Jul 2012 | | Vale, the world's largest iron ore miner, said in a filing with Brazil's securities commission on Tuesday that it hired BNP Paribas, Credit Agricole, HSBC and Natixis as bookrunners. Tuesday , 03 Jul 2012 | | In April, Chalco announced a $926 million bid for a controlling interest in miner SouthGobi Resources, which owns large coal projects close to the Chinese border. Tuesday , 03 Jul 2012 | | Soaring energy costs in Chile and uncertainty over supply have pushed miners to look toward building their own energy complexes. Tuesday , 03 Jul 2012 | | Company spokesman Sven Lunsche says the fire is not out of control and both the KDC East and West mines will remain closed until further notice. Tuesday , 03 Jul 2012 | | CEO Nicholas Curtis says he underestimated the power of social media as local residents in Malaysia have used Facebook and Twitter to rally local and foreign opposition to the company's proposed rare-earths plant. Monday , 02 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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Samco Gold Completes 1st Phase Drill Program on Main Veins Target at El Dorado Monserrat Project Samco Gold Limited (TSXV:SGA) ("Samco Gold" or the "Company") is pleased to announce the completion of its first phase drill program on the Monserrat Sector of its principal El Dorado Monserrat (EDM) project. Inés Vein confirmed as a high priority target Drilling, together with structural analysis carried out by consultant structural geologist, Dr. David Coller, has identified a series of local dilational vein segments along the principal structures of the Main Veins, notably Inés. In total 64 diamond drill holes are now complete and assayed for a total of 10,640m across several targets in the Monserrat Sector, principally on the Main Veins. 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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