Monday, September 3, 2012

MINEWEB.COM'S TOP STORIES: Iron ore prices hit hard in August but analysts aren't all doom and gloom

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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 | Monday , 03 Sep 2012                                                     

Iron ore prices hit hard in August but analysts aren't all doom and gloom

While no improvement in prices is expected in the very short term, some analysts are hoping to see some signs of recovery in the fourth quarter.    Monday , 03 Sep 2012

Chasing GoldQuest in the Dominican Republic

Junior Precipitate Gold, backed by the likes of Adrian Fleming and Eric Coffin, makes a strong area play on GoldQuest Mining.    Monday , 03 Sep 2012

Inter-union dispute sees Gold Fields KDC mine strike continue

South Africa's mining labour unrest continues at Gold Fields' big KDC gold mine complex as union internal dispute surfaces.    Monday , 03 Sep 2012

The fundamental attraction of gold and gold stocks - Don Coxe

Don Coxe* explains how demographic shifts are affecting the price of gold and delves into the logic of investing in gold as a long-term strategy. Interview with The Gold Report.    Saturday , 01 Sep 2012

SA miner murder charges withdrawn for now

South African prosecutors provisionally withdrew murder charges on Sunday against 270 miners accused of killing 34 striking colleagues shot dead by police    Sunday , 02 Sep 2012

India lifts ban on 18 Karnataka iron mines

After being suspended for more than a year, as a result of environmental concerns, India's top court has allowed 18 mines in the country's Karnataka state to resume mining    Monday , 03 Sep 2012

Collective bargaining won't solve SA mining's problems: AMCU

Claims stalemate in Lonmin peace talks with conveners applying 'divide and rule' tactics    Friday , 31 Aug 2012

Signs of QE inevitability in gold's post Jackson-hole gains

Will he, won't he? "Quanticipation might now be driving the gold price regardless of Fed jaw-boning," says Adrian Ash.    Monday , 03 Sep 2012

Codelco H1 copper output down 6.4% year-on-year

The Chilean copper miner has cited "a drop in ore grades, harder rock and deeper deposits" as adverse operational factors that precipitated the output drop.    Friday , 31 Aug 2012

Alcoa starts Sardinia plant shutdown

According to Italy's industry ministry, Glencore is currently weighing a purchase of the loss-making plant and would give its assessment within a week.    Monday , 03 Sep 2012

Central bank gold buying: Much more than just a driving force

The structural benefits of gold are now showing clearly and the need to side-line it from the monetary system could prove a dangerous handicap for the monetary system.    Monday , 03 Sep 2012

Despite profits rise African Rainbow misses estimates

Diversified South African miner, African Rainbow, has seen mine cost inflation and low metal prices eating into earnings and although recording increased profits for the year, missing estimates.    Monday , 03 Sep 2012

Brazil presses Venezuela on alleged Amazon massacre by gold miners

The Brazilian government said Friday it had asked the Venezuelan government to provide it with any information on whether or not the attack had happened and if Brazilians had been involved.    Monday , 03 Sep 2012

Union, U.S. Steel reach tentative agreement

The United Steelworkers Union said Sunday that while it is still in talks with ArcelorMittal, a tentative 3-year labour deal has been concluded with U.S. Steel    Monday , 03 Sep 2012

SA mine unrest widens, contagion fears rise

About a quarter of Gold Fields' 46,000 workforce have been on a wildcat strike since Wednesday evening in the latest labour unrest in of Africa's leading economy.    Friday , 31 Aug 2012

Weekend Top Story: Global copper inventories to decline substantially this year-Pat Mohr

Capital cost escalation in an uncertain economic environment has triggered delays in new mine development, setting the stage for a tighter mid-decade supply, predicts Scotiabank economist Patricia Mohr.    Friday , 31 Aug 2012

PODCASTS / RADIO                                                     

Gold, China and the commodities super cycle - Jim Rogers

"The Chinese will buy a lot more gold over the next decade"

The current state of platinum's supply demand balance - CPM Group

The CPM Group's Erica Rannestad looks at the supply demand balance for platinum in light of the supply issues in SA and the continuing slowdown in Europe.

Marikana, Implats and the struggles facing SA's platinum sector - Terence Goodlace

The days of South Africa producing 5m ounces of platinum are over for the short to medium term, the new CEO at Impala Platinum says.

Serious issues afflicting the industry as a whole - RBPlat CEO

Royal Bafokeng Platinum CEO Steve Phiri talks about the issues South African platinum producers face and the need for leaders to be proactive.

 

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CONFERENCES

Denver Gold Forum 2012
Date: 09 September 2012 - 12 September 2012
Venue: Hyatt Regency, Denver, CO, USA
Major event hosted by the Denver Gold Group, The Denver Gold Forum will showcase institutional-quality precious metals companies to global fund and portfolio managers, institutional investors and analysts. Mineweb's Dorothy Kosich will attend Read More
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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