Monday, August 6, 2012

MINEWEB.COM'S TOP STORIES: Commodity Super-Cycle will last for at least a decade-Don Coxe

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TOP STORIES | Monday , 06 Aug 2012                                                     

Commodity Super-Cycle will last for at least a decade-Don Coxe

"Commodities have revived because they are real and really useful to the dynamic emerging economies," says global commodities specialist Don Coxe.    Monday , 06 Aug 2012

Guatemalan president withdraws proposed constitutional mining law reform

Foreign companies considering new exploration programs in Guatemala no longer have to worry about mandatory government participation in their new mining projects.    Monday , 06 Aug 2012

Gold explorers poppin' in the heat of summer

No doubt investors are attracted to juniors with shiny new targets. Makes you wonder, however are some of the big boys being unfairly ignored?    Saturday , 04 Aug 2012

South Africa tops gold grade list

A global report showcasing the rarity of +1moz gold deposits has put South Africa at the head of a list of top ten countries by gold grade.    Friday , 03 Aug 2012

Canaco shares jump on news of mystery Chinese JV partner

Canaco got a boost of confidence from investors after it announced signing on a Chinese gold producer as a potential partner on to its Magambazi gold project.    Friday , 03 Aug 2012

Rising costs will driver further gold M&A activity -Integra

According to Integra Mining which announced a $450m friendly takeover offer from Silver Lake Resources, Monday, escalating gold mining costs in Australia will fuel more M&A activity in the region.    Monday , 06 Aug 2012

Silver Lake to buy Integra Mining for $450m

Shares in Integra Mining, which were near a two-year low on Friday, rose as much as 30% after the announcement.    Monday , 06 Aug 2012

AngloGold Q2 earnings down, output target unchanged

The gold miner has already flagged that it expected a roughly 40% earnings drop in the three months to the end of June because of a lower dollar gold price.    Monday , 06 Aug 2012

Perceived vs Actual risk in mining in Emerging and Frontier Markets

Carlos Andres discusses how to capitalize on the narrowing gap between real and perceived risks in South America and beyond. Interview with The Gold Report.    Sunday , 05 Aug 2012

Iron ore heiress dodges 30% decline, cashes in on coal assets

Coal prices have slumped almost 30% since last September when Australian billionaire Gina Rinehart sold her thermal coal assets in Australia to India's GVK Group.    Monday , 06 Aug 2012

Tinkler to stand by A$5.3bn Whitehaven Coal bid

Nathan Tinkler, Whitehaven's biggest shareholder, was considering lowering the price after its shares slumped and coal prices weakened, two people with knowledge of the matter said last month.    Monday , 06 Aug 2012

Methane gas explosion kills six in Mexican coal mine

According to emergency rescuers, six miners were killed when a coal mine collapsed in the Northern Mexican state of Coahuila.    Saturday , 04 Aug 2012

Chinese manager killed in Zambian mine dispute

In a riot over a pay dispute, enraged miners at the Chinese-owned Collum coal mine killed the Chinese mine manager and wounded another company representative.    Monday , 06 Aug 2012

U.S. treasury auditing gold in NY Fed vaults

The LA Times has reported that the U.S. Treasury has been conducting an audit of the gold in the vaults of the New York Fed - but, as GATA points out, this only relates to its gold content, not its ownership.    Saturday , 04 Aug 2012

Could Kinross CEO shake up end in a sale or break up for the gold digger?

Analysts and investors alike are wondering what the CEO shakeup at Kinross Gold possibly means, with some speculating the gold miner will either be broken up or sold.    Friday , 03 Aug 2012

Amerigo posts quarterly loss on higher extraction costs

The Chile-focused miner has been grappling with high power costs due to a drought in the country and expects mining conditions to improve in the second half of the year.    Friday , 03 Aug 2012

Indonesia awards more mining export permits after June slump

The mineral-rich country has issued mineral export permits to some 55 companies since it introduced curbs on such shipments this year and triggered a slump in June exports.    Friday , 03 Aug 2012

African Barrick Gold sees "minimal" hit from pension protest

Miners at its Bulyanhulu mine have been protesting over a new section of Tanzania's pension law that no longer allows the withdrawal of contributions before a worker reaches retirement age.    Friday , 03 Aug 2012

Weekend's top story: Sprott Physical Silver Trust offer underwriters take up additional units

Suggesting institutional confidence in the future of the silver price, the underwriters in the recent $200 million offering of new units in the Sprott Physical Silver Trust have taken up $20 million in additional units.    Friday , 03 Aug 2012

PODCASTS / RADIO                                                     

QE, The EU and a change of mood in gold - Phillips

Julian Phillips says he has noticed a change of mood in the gold market with prices moving on news that will send the metal higher rather than negative news.

Anglo American Interim results - Cynthia Carroll

"We're in a long-term industry, this is not about the next couple of days, this is about the next ten years, the next 20 years, the next 30 years".

The bottom is probably in for silver - Morgan

Morgan Report author, David Morgan says, at the moment, investment demand is the driving factor of both gold and silver.

Global Commodity ETP Quarterly report - Nick Brooks

ETF Securities, Head of Research and Investment Strategy, Nick Brooks looks at the trends seen in the gold ETF market over the second quarter and what to expect going forward.

 

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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
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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