| 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. | | | | Investec Securities looks at the fundamentals underlying the platinum digger at the heart of the mining unrest currently underway in South Africa. | | | | | TOP STORIES | Tuesday , 18 Sep 2012 | | Australian mining is losing global market share to rapidly emerging resource-rich economies, says a report from the Minerals Council of Australia. Tuesday , 18 Sep 2012 | | The precious metals sector was the best performing sector among the commodities over the past 10 years, rising by 358%, according to research by a Lloyds Banking subsidiary. Tuesday , 18 Sep 2012 | | The bank says, that the three metals, along with Brent Crude, are likely to benefit most from the latest round of quantitative easing. Monday , 17 Sep 2012 | | Strikers at Lonmin's Marikana platinum mine have cut their basic wage demand to below R11,000 a month, says Bishop Jo Seoka, who has been mediating in the wage resolution talks. Tuesday , 18 Sep 2012 | | Yields on Gold Fields bonds due October 2020 last week jumped to a two-month high after 15,000 workers at its biggest mine in South Africa embarked on an illegal strike. 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 | | Chinese lenders pursuing defaulting metal traders are finding that warehouse stocks pledged as collateral may not exist or be pledged to multiple lenders. Tuesday , 18 Sep 2012 | | The Bureau of Resources and Energy Economics estimates iron ore exports in the year to June 30, 2013, will peak at 509 million tonnes, little changed on its June forecast of 510 million tonnes. Tuesday , 18 Sep 2012 | | The Australian iron ore miner faces a self-imposed deadline of Tuesday to detail a restructuring of at least part of its $10 billion debt pile, with investors expecting sales of assets, if not equity. Tuesday , 18 Sep 2012 | | The steelmaker said Monday that it had failed to agree with unions the details of job losses and abandoned its investment plan in the Belgian plant, placing its future in doubt. Tuesday , 18 Sep 2012 | | The French nuclear has partnered with UK engineering consultancy Atkins to bid for decommissioning contracts in Britain's nuclear sector, the companies said on Tuesday. Tuesday , 18 Sep 2012 | | Workers at Shougang Hierro Peru plan to go on strike next Monday in pursuit for better wages and benefits, a union leader said. Tuesday , 18 Sep 2012 | | According to President Jacob Zuma, the recent labour unrest at some of the major gold and platinum mines has cost the industry $548 million in lost output. Monday , 17 Sep 2012 | | The chaos that erupted in the months since the military staged a coup d'etat has left the country's twin economic engines, cotton and gold, essentially untouched, says national cotton company CMDT. Monday , 17 Sep 2012 | | The 42 people are part of the thousands that embarked on an illegal strike at the Rasimone mine, a JV between Royal Bafokeng Platinum and Anglo American Platinum. Monday , 17 Sep 2012 | | Aquarius Platinum's Kroondal mine and Xstrata's chrome operation near the platinum belt city of Rustenburg resumed operations Monday after they were forced to suspend works last week on labour unrest. Monday , 17 Sep 2012 | | Ongoing advances in the usage of silver could boost industrial demand. But, while pricing looks strong there are warnings of a possible short-seller price take-down again. Monday , 17 Sep 2012 | | 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. | | David Hargreaves believes the dynamics are changing amongst the major miners, and the importance of choosing the right mineral is becoming ever greater. | | |
| Mineweb is the world's top mining and mining investment news website and is read in over 200 countries daily by mining company executives, financiers and investors. According to independently published global website analysis, Mineweb is ranked far higher in terms of daily readership than any other directly competitive website. Mineweb is updated around the clock, so to keep abreast of news throughout the day we suggest you do check our homepage for updates - www.mineweb.com Follow mining news updates on Twitter http://twitter.com/Mineweb Mineweb's iPad app is now available! Go to www.mineweb.com/apps or to the Apple app store to download it. | | | | | | | | | | | | | | | 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 | | | | | | 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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