Monday, July 2, 2012

MINEWEB.COM'S TOP STORIES: Tokyo University team claims 6.8m tonne Japanese REE discovery

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TOP STORIES | Monday , 02 Jul 2012                                                     

Tokyo University team claims 6.8m tonne Japanese REE discovery

A major rare earths deposit, which could supply the Japanese high-tech manufacturing sector with much of its REE needs, has been discovered in Japanese territory.    Monday , 02 Jul 2012

Canadian health officials bash Quebec's C$58m asbestos mine restart loan

Quebec's Jeffrey Mine, one of Canada's last two remaining asbestos facilities, has received the funds necessary to restart and expand the operation.    Monday , 02 Jul 2012

$700 or $7,000 - Two views on which way gold is heading

Where is gold headed? Downwards to $700 or upwards to $7,000. Depending which 'expert' you listen to there is a huge difference in opinion on the likely direction of the gold price.    Saturday , 30 Jun 2012

Is it time to start picking through the junior rubble?

In a round up of market watchers the bottom is here, or close, or maybe further away, but overall, there's something to be said for making some savvy picks over summer.    Saturday , 30 Jun 2012

Aquarius Platinum's BEE partners offloading shares

Aquarius Platinum, like the rest of the platinum sector has had a tough time of things since its shares traded at heady heights around R140 per share in 2008, but recently its BEE partners have been selling shares.    Friday , 29 Jun 2012

'Conflict gold' trade continues despite Dodd-Frank law

While the sections of the Dodd-Frank law aimed at curbing the sale of minerals to help fund conflict have begun to have an effect on markets like tin and tungsten, the gold trade seems largely unaffected.    Monday , 02 Jul 2012

Chinalco's Andes town could change China's mining reputation in Peru

If Chinalco persuades residents to move to Nueva Morococha, it could change ideas about corporate responsibility as Peru struggles to resolve hundreds of conflicts over natural resources.    Monday , 02 Jul 2012

Gold coin sales tumble to pre 2008-crisis levels

Analysts say that many retail investors seem to be taking a break from the market at the moment and looking for other investment opportunities.    Monday , 02 Jul 2012

Junior golds: Value of significant discoveries will grow exponentially

Chris Wilson* shares his guidelines for winnowing out the crowded junior mining sector to find the companies worth serious investigation. Gold Report interview.    Monday , 02 Jul 2012

Five miners die of smoke inhalation at Gold Fields mine

The deaths occurred at the company's KDC West mine in South Africa and are a setback for the government and the industry as they try to improve safety and reduce fatalities in the mines, the deepest in the world.    Monday , 02 Jul 2012

Codelco to build $400m molybdenum processing plant

The state-owned miner will build the plant in Chile's mineral-rich north around 2015 and become a direct competitor with the world's leading molybdenum processor, Molymet.    Monday , 02 Jul 2012

Gold retreats with euro after EU deal rally

Prices took a breather after a 3% rally in the previous session early Monday, as the initial euphoria over the euro zone deal to help its debt-ridden members gave way to caution over its effectiveness.    Monday , 02 Jul 2012

LME copper gives up gains on China, Japan factory activity

The decline in China's purchasing managers' index fanned concerns over demand for industrial metals and followed weak factory activity data in Japan on Friday.    Monday , 02 Jul 2012

SPDR Gold Trust headed for 5 tonne quarterly outflow

Qith gold prices on track to post their biggest quarterly fall in almost 4 years, outflows from the gold-backed exchange traded fund is, to some extent, following suit.    Monday , 02 Jul 2012

Rio Tinto sees 2012 Chinese growth above 8%

Chief economist Vivek Tulpulé said Friday the company sees China's economy growing above 8% this year, despite lower export demand and monetary tightening.    Friday , 29 Jun 2012

Avocet Mining cuts FY production outlook after tough Q2

Shares in the company lost about a third of their value on the news it will cut its production outlook for the full year, citing issues at its Inata gold mine in Burkina Faso.    Friday , 29 Jun 2012

New Gold starts production at BC mine

The Canadian miner started production at its New Afton gold and copper mine where it expects to produce 35,000 to 45,000 gold ounces and 30 million to 35 million pounds of copper this year.    Friday , 29 Jun 2012

China seeks more time to weigh Hanlong bid for Sundance

The provisional approval by China's National Development and Reform Commission is key to Hanlong lining up finance from China Development Bank, seen as the biggest hurdle to the deal which was first announced a year ago.    Friday , 29 Jun 2012

Australia govt. grant to help keep Alcoa smelter running

Alcoa expects to keep its Point Henry aluminium smelter operating until at least mid-2014 after the government granted the firm a A$40 million assistance package to preserve jobs at the smelter.    Friday , 29 Jun 2012

Bre-X lawyer found guilty of misconduct

The panel of the Law Society of Upper Canada has now asked a tribunals office to set a date for a hearing on penalties against Joe Groia, which could range from a reprimand to a rescinding of his license to practise law.    Friday , 29 Jun 2012

Embry shares his views on gold, silver, Europe, China, currencies and commodities

Ron Hera interviews Sprott's John Embry who details his views on gold and silver,the European economic crisis, the U.S economy, China, commodities and global currencies.    Sunday , 01 Jul 2012

Weekend's top story: A 'Lehman moment' will ensure gold and silver will soar again

Be sure that a huge volume of money printing will soon be on the way in Europe, and in the U.S. too, and the gold speculators' long awaited stimulus to drive prices up will at last become a reality.    Thursday , 28 Jun 2012

PODCASTS / RADIO                                                     

Long term gold investors and the current strength in gold ETCs

Nicholas Brooks, head of research and investment strategy at ETF Securities explains the recent strong moves seen in gold exchange traded commodities.

Mine closures, platinum's price floor and slowing demand - Jollie

Mitsui and Co Precious Metal's David Jollie looks at the current state of the platinum sector and where it is likely heading.

M&A activity, the fear trade and the vital importance of management - US Global

Frank Holmes and Brian Hicks talk about the performance of gold stocks relative to bullion and why management ownership improves stock performance.

The case for US equities over gold - Puru Saxena

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.

 

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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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