Tuesday, August 7, 2012

MINEWEB.COM'S TOP STORIES: Harry Winston still talking to BHP about Ekati acquisition

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FEATURED PODCAST                                                     

Changing Chinese demand patterns and base metals - Macquarie

Head of Macquarie China commodities research, Bonnie Liu, looks at the outlook for Chinese growth, the changes being seen in the region and their impact on copper and iron ore.
 

TOP STORIES | Tuesday , 07 Aug 2012                                                     

Harry Winston still talking to BHP about Ekati acquisition

The negotiations are dragging on and on, but Harry Winston is reportedly still interested in acquiring BHP Billiton's 80% stake in the Ekati diamond mine.    Tuesday , 07 Aug 2012

Blanchard analysts see gold hitting new highs into 2013 and beyond

In seven of the past 10 years, gold has seen double digit percentage growth between end July and December. Blanchard analysts see this happening again this year and are looking for new price records ahead.    Tuesday , 07 Aug 2012

CFTC silver probe findings to be made public in Sep, Oct-Chilton

"While we have not acted on our silver investigation, I am hopeful and expect the commission to do so in September or October," Bart Chilton, CFTC commissioner, told Reuters.    Tuesday , 07 Aug 2012

Xstrata posts H1 profit drop, defers $1bn of spending

The miner posted a smaller-than-expected drop in H1 profit despite the impact of weaker prices and reduced copper production, and revealed plans to cut spending for the year.    Tuesday , 07 Aug 2012

Goa licence cancellations could hit Indian iron exports

Cracking the whip on illegal mining in Goa, the state government is keen to cancel 40 mining leases, further curbing iron ore mining.    Tuesday , 07 Aug 2012

Indian siblings celebrate festival with gold

Instead of the regular sacred thread tied around the brother's wrist, this rakhi festival, consumers opted for gold bracelets and coins to mark the occasion.    Monday , 06 Aug 2012

India needs to up coal imports

With India's coal shortage for the current fiscal year twice as large as it was two years ago, the country has no option but to step up coal imports.    Monday , 06 Aug 2012

Peru's Antamina mine faces community fallout after spill

The copper-zinc mine is facing community opposition and government inquiries after its pipeline burst nearly two weeks ago exposing more than 200 people to a mineral slurry.    Tuesday , 07 Aug 2012

Timah stops tin spot market sales on weak market

The Indonesian company has ceased selling tin on the spot market owing to low market prices which at the moment are not high enough to support its activities.    Tuesday , 07 Aug 2012

Special steels help Voestalpine beat market expectations

Steelmakers globally are struggling with declining demand in Europe and Japan and slowing growth in China, the world's largest producer and consumer.    Tuesday , 07 Aug 2012

Merafe Resources reports 70% rise in H1 profit

Ferrochrome miner Merafe posted a 70% first-half profit rise despite a sharp drop in production following its decision to shut some furnaces to cut power demand.    Tuesday , 07 Aug 2012

China's copper smelters mull export increases after tax cut

The smelters are reportedly planning to increase refined copper exports following a recent tax adjustment that has reduced their costs to export.    Monday , 06 Aug 2012

First Quantum to develop new Zambia copper mine with locals

The company was granted a 25-year mining licence for Fishtie in 2010 as its attention started shifting to bigger projects like Trident mine and the expansion of Kansanshi.    Monday , 06 Aug 2012

Yesterday's top story: If hyperinflation ahead gold to $10,000 - if deflation, $2,000 - Taylor

Jay Taylor feels we are in the gold bull market of a lifetime - but found himself gagged by BNN in a recent videoed interview in not being allowed to make any mention of GATA.    Monday , 06 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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CONFERENCES

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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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