Tuesday, September 4, 2012

MINEWEB.COM'S TOP STORIES: Mining market on 'pause', Boart CEO says

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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.

 

 

FEATURED PODCAST                                                     

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.
 

TOP STORIES | Tuesday , 04 Sep 2012                                                     

Mining market on 'pause', Boart CEO says

Boart Longyear describes leading indicators that may not favour the drill market - yet the signals are mixed.    Tuesday , 04 Sep 2012

South Africa's gold and platinum miners - between a rock and a hard place

Wage demands and labour unrest fuelled by inter-union rivalries and maverick politicians like Julius Malema are putting South Africa's gold and platinum mines in jeopardy.    Tuesday , 04 Sep 2012

UPDATE: Five people shot at Gold One – police confirm

Gold One CEO, Neal Froneman, has confirmed illegal protests were held at its Modder East mine today where police used rubber bullets and tear gas in order to disperse the crowd.    Monday , 03 Sep 2012

Sirius Minerals unveils UK national park potash mine plan

Sirius Minerals' goal is to make the UK a significant exporter of the mineral used as fertilizer through the development of a mine within the York Moors National Park    Tuesday , 04 Sep 2012

Fortescue slashes spending as iron ore prices bite

Australia's Fortestcue metals is the latest firm to cut capex spending and wind back its expansion plans in the face of slowing growth in China and tumbling prices.    Tuesday , 04 Sep 2012

Peru planning tougher penalties for polluting industries

Peru is looking to double maximum penalties for polluting companies as part of a plan to beef up environmental enforcement in the country.    Tuesday , 04 Sep 2012

Rio Tinto to make significant job cuts at its Argyle diamond mine

It appears that Rio Tinto's major Argyle diamond mine in Australia is the latest to see substantial staff cuts in the mega miner's economy drive in the light of the economic downturn.    Tuesday , 04 Sep 2012

SA to review mines over black participation pace

Mining companies have "failed the transformation agenda", South Africa's National Union of Mineworkers says.    Tuesday , 04 Sep 2012

In South Africa, rock drillers are actually rich, relatively speaking

According to economist Mike Schussler, pulling data from Statistics South Africa, Rock Drill operators earn more than the median wage in he country.    Tuesday , 04 Sep 2012

India must restrict bauxite exports - Vedanta

The aluminium firm has called on the Indian government to restrict exports and allow more mines to ensure sufficient supplies of bauxite to the domestic industry.    Tuesday , 04 Sep 2012

Venezuela, indigenous groups question if Amazon massacre took place

After finding no evidence of an attack, Venezuela and various indigenous groups are disputing whether or not an alleged massacre of Amazon villagers actually took place.    Tuesday , 04 Sep 2012

Coal India, Reliance power looking to offset India's coal supply issues

India may be struggling with coal supply issues, but Coal India has chalked out a $10bn capex programme, while Reliance Power has begun production of coal at its Madhya Pradesh mine.    Monday , 03 Sep 2012

$33 billion Coalgate rocks Indian Parliament again

India's Parliament remains adjourned over coal scam, Opposition stands firm on demand for PM's resignation    Monday , 03 Sep 2012

Yesterday's Top Storty: Silver gives you more - at least potentially

Silver analyst Ted Butler remains convinced that silver's multiplier effect will continue to make it one of the best investment assets as it has been overall for the past 10 years - manipulation or no.    Monday , 03 Sep 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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