| These selected stories represent only a fraction of the news and analysis featured and updated all day on Mineweb.com - check out our home page www.mineweb.com for the rest of the news and expert analysis currently available. | | | | CD Fund Principal, Willem Middelkoop explains why he is positive on gold equities and why he expects fortunes to be made in the next few years in the sector | | | | | TOP STORIES | Wednesday , 19 Sep 2012 | | Alpha Natural Resources has become the latest U.S. coal mining company to reduce production and eliminate jobs this year in the face of the shutdown of U.S. coal-fired power plants. Wednesday , 19 Sep 2012 | | The striking miners gathered at a soccer pitch near the Marikana mine and cheered when they were informed of the 22% wage offer. Tuesday , 18 Sep 2012 | | Goldcorp plans to reduce its total holdings in gold and silver company Primero Mining to 32%. Wednesday , 19 Sep 2012 | | With a glut of metal in the markets pre-strike, workers are playing into the hands of employers looking to cut back operations. Tuesday , 18 Sep 2012 | | The Indian government is pleased that its efforts to axe current account deficit appear to be working, with gold imports set to slip this fiscal, reducing current account deficit to 3.5% of GDP. Tuesday , 18 Sep 2012 | | The latest fad for gold hungry Indians is a mobile application that enables consumers to purchase gold and silver coins at the tap of a key. Tuesday , 18 Sep 2012 | | "We won't see again this spectacular sort of imbalance between demand and supply." says BHP's Alberto Calderon, chief executive of aluminium, nickel and corporate development. Wednesday , 19 Sep 2012 | | Macmahon took longer than some rivals to admit the tide had turned on Australia's resources boom, as miners have been hit by rising costs, falling demand from China and a strong Australian dollar. Wednesday , 19 Sep 2012 | | So, gold investors, if you haven't put in your orders, consider getting them in quickly, because the bulls are buying. Tuesday , 18 Sep 2012 | | Unable to rely on a coal industry crippled by supply shortages and mired in scandals, India is pushing ahead with building nuclear reactors despite global jitters over safety. Wednesday , 19 Sep 2012 | | Miners from Bolivia's second-largest tin mine Colquiri clashed in La Paz on Tuesday and remain at odds over who has the right to exploit the richest part of the mine's resources. Wednesday , 19 Sep 2012 | | Southgold Exploration, a unit of Great Basin Gold, has filed for creditor protection a week after it suspended operations at its Burnstone gold mine. Wednesday , 19 Sep 2012 | | LME copper was trading at $8,309 a tonne early Wednesday, little changed from the previous session when it slipped 1%, as worries over Spain's debt resurfaced. Wednesday , 19 Sep 2012 | | CEO Nick Holland told Reuters Insider on Tuesday that the group was not willing to consider strikers' wage demands of a minimum of 12,500 rand a month for now. Tuesday , 18 Sep 2012 | | The bank says given the new open-ended nature of QE3, the upward pressure on gold prices should continue and climb as high as $2,400 per ounce by the end of 2014. Tuesday , 18 Sep 2012 | | BHP Billiton's chairman Jac Nasser and CEO Marius Kloppers both pointed to poorer times ahead for the company in the light of the global economic downturn, rising costs, lower prices and currency changes. Tuesday , 18 Sep 2012 | | Investec Securities looks at the fundamentals underlying the platinum digger at the heart of the mining unrest currently underway in South Africa. | | Views on the DGG Gold Forum 2012 and an outlook on the deteriorating labour situation on South Africa's mines. | | Control Risks SA MD, David Butler looks at the various elements at work in the current labour environment and their longer term impacts. | | "Gold has definitely made a bottom and we've seen in a sense, a break out from the range to which gold was confined," GFMS's Philip Klapwijk says. | | |
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Condor Gold PLC Announces Updated Mineral Resource for La India Project, Nicaragua Highlights - CIM compliant, Mineral Resource of 2,375,000 oz gold at 4.6 g/t, increase by 46% and exceeds year end target of 2,000,000 oz gold
- Reporting of initial open pit Mineral Resource of 954,000 oz gold at 3.6g/t gold
- Underground Mineral Resource of 1,418,000 oz gold at 5.5g/t gold
- Indicated Mineral Resource 751,000 oz gold increases 285%
- Maiden silver Mineral Resource of 2,280,000 oz silver at 6.5g/t silver.
- 2,410,000 oz gold equivalent (adding the gold and silver Mineral Resources)
For full release, click here... | | | | 
Swiss Mining Institute Conference organised by Bally Capital We are living in unprecedented times, it is therefore critical for investors to eliminate counterparty risk. Throughout history gold is the only currency that has survived and maintained its purchasing power. 11 October 2012, Geneva
Swissôtel 8:30 - 17:00
www.swissotel.com
Download pdf programme 12 October 2012, Zurich
Park Hyatt 8:30 - 17:00
www.zurich.park.hyatt.com
Download pdf programme | | | | | | | | | | | | CONFERENCES | 2012 Chicago Hard Assets Investment Conference and Exhibition | | Date: 21 September 2012 - 22 September 2012 | | Venue: McCormick Place Convention Center/McCormick Place Hyatt | | The first Chicago Hard Assets Investment Conference features two full days of presentations from analysts, forecasters, metals mining experts, public exploration companies, and newsletter editors. Read More | | MINExpo 2012 | | Date: 24 September 2012 - 26 September 2012 | | Venue: Las Vegas Convention Center, Las Vegas, USA | | The World's largest exposition of mining equipment and services attracting over 35,000 visitors. Mineweb will be exhibiting. There is an associated conference program. visit MINEWEB at Booth number 1967 Read More | | Swiss Mining Institute Conference organised by Bally Capital | | Date: 11 October 2012 - 12 October 2012 | | Venue: 11 October 2012, Geneva Swissôtel, 12 October 2012, Zurich Park Hyatt | | We are living in unprecedented times, it is therefore critical for investors to eliminate counterparty risk. Throughout history gold is the only currency that has survived and maintained its purchasing power. Read More | | | | | | 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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