Friday, September 14, 2012

MINEWEB.COM'S TOP STORIES: Fed's aggressive, open-ended QE3 program makes gold a big winner

Mineweb logo
 

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.

 

 
 

TOP STORIES | Friday , 14 Sep 2012                                                     

Fed's aggressive, open-ended QE3 program makes gold a big winner

Analysts concur that gold will hit at least $1,800 by November and silver and PGMs will be among the biggest winners of the Federal Reserve's new third quantitative easing program.    Friday , 14 Sep 2012

Canadian mining CEO bonuses plunge 31%-- Coopers Consulting/PwC survey

The 2012 Mining Industry Salary Survey has found incentive plans at lower staff levels are rising significantly to attract and retain salaried professionals.    Friday , 14 Sep 2012

Lonmin offer falls well short of R12,500

The National Union of Mineworkers says Lonmin has offered to raise the basic salary for entry-level workers in SA to R5,500, well below the R12,500 demanded by striking workers    Friday , 14 Sep 2012

Trade in Fortescue shares halted as it seeks to cut debt load

The Australian iron ore miner is currently under pressure to announce asset sales in a bid to alleviate mounting liquidity concerns.    Friday , 14 Sep 2012

Counting The Cost of SA's Mine Strikes

With three major platinum and gold mines on hold due to strike and protest action, we count the cost of this in terms of lost revenues.    Thursday , 13 Sep 2012

Anglo American receives approval to restart construction at Minas-Rio

According to the miner, a Brazilian court has given it the thumbs up to restart construction at the iron ore project after work was halted in March pending an investigation by the Brazilian historical preservation society.    Friday , 14 Sep 2012

ANC under pressure as SA miners call for nationwide strike

Speaking to several thousand people in Rustenburg, demonstration leader, Mametlwe Sebei, called for a nationwide, peaceful strike.    Thursday , 13 Sep 2012

Rio's ERA denies claims of uranium operation 'stealth' expansion

Australian uranium miner ERA, a rio Tinto subsidiary, has denied expanding its uranium mining operations at its Ranger mine by stealth.    Friday , 14 Sep 2012

OPINION: SA mining in a crisis, but a healthy one

Alec Hogg believes national anxiety will spark overdue action - on mining and Malema.    Thursday , 13 Sep 2012

How long before money collapses and what will it mean for gold?

Julian Phillips argues that, while developed world economies will prevent the global monetary system from a total collapse they will, in the end, once more fully harness gold.    Thursday , 13 Sep 2012

Conveyor fault halts production at Newcrest's Ridgeway gold/copper ops

Mine production at Newcrest's key Ridgeway gold/copper mine has been halted for up to 15 days due to a conveyor problem with a loss of 5-10,000 oz gold and 100-200 tonnes of copper predicted.    Friday , 14 Sep 2012

Iron Ore-Shanghai rebar rises 2.4 pct on Fed stimulus

Shanghai rebar futures ended the morning session up almost 2.5% on the back of the Fed stimulus, raising hopes of improved iron ore prices today.    Friday , 14 Sep 2012

Fed stimulus pushes copper to 5-month high

Copper prices rallied on Friday as optimism in financial markets lifted Asian shares and drove the euro to a four-month high against the dollar    Friday , 14 Sep 2012

Gold Fields: Union plans meeting to end strike

Gold Fields says union leaders plan to meet members at the KDC West mine to discuss grievances behind the start of an illegal strike on September 9.    Thursday , 13 Sep 2012

Yesterday's Top Story: High gold prices mask difficult future for miners-S&P

Although gold prices have nearly tripled over the past four years, gold miners are not able to capitalize on their good fortune, says Standard & Poor's.    Thursday , 13 Sep 2012

PODCASTS / RADIO                                                     

Gold prices, cash costs and the deteriorating labour conditions in SA

Views on the DGG Gold Forum 2012 and an outlook on the deteriorating labour situation on South Africa's mines.

South African mining's continuing labour problems

Control Risks SA MD, David Butler looks at the various elements at work in the current labour environment and their longer term impacts.

Gold could hit $1850 some time in Q4 - GFMS

"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.

Diversifieds and the commodities supercycle - Hargreaves

David Hargreaves believes the dynamics are changing amongst the major miners, and the importance of choosing the right mineral is becoming ever greater.

Click here for more information on our
1m contour elevation package

Photosat has produced highly
accurate elevation mapping
for over 300 international projects

 
 

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

 

   Manage your subscription | Subscriber help

   If you can't access the Mineweb site from this email, please email us with the words "Problem email" in the
   subject line, and we will address the problem.

   You have voluntarily joined this mailing list. To unsubscribe, please click here

   © Mineweb 2012 | Terms and Conditions of use | About Mineweb | Contact Mineweb | Advertise

No comments:

Post a Comment