Tuesday, September 25, 2012

MINEWEB.COM'S TOP STORIES: On-going currency weakness makes gold's long-term future even brighter-Newmont CEO

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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                                                     

Mining, platinum and the scourge of cost-push inflation - Nic Brown

Natixis' Nic Brown looks at the scourge of cost push inflation and how it is affecting the global mining sector, not just in South Africa but all over the world.
 

TOP STORIES | Tuesday , 25 Sep 2012                                                     

On-going currency weakness makes gold's long-term future even brighter-Newmont CEO

Partnering with state-owned mining companies can be an opportunity to ease the threat of resource nationalism, top international mining CEOs suggest.    Tuesday , 25 Sep 2012

A catalyst, a correction and the real "next leg-up" for gold

While much has been made about the impact of QE3 on gold prices, analysts say over the short term gold may need new inspiration, and there are a few muses waiting in the wings.    Monday , 24 Sep 2012

Is Japan's step away from nuclear, the beginning of an endgame?

The nuclear power sector has three strikes against it, which look to be forcing a slow but significant worldwide rethink on the viability of nuclear electrical production.    Tuesday , 25 Sep 2012

Gold and the harsh realities of a 42 year old currency experiment

Julian Philips argues that the concept of a currency as a measure of value has now departed completely.    Tuesday , 25 Sep 2012

Atac adds to Carlin-type discoveries in Yukon

Strong gold intercepts roll in for Atac as it drills a new discovery and adds continuity in a recently discovered deep zone at Conrad.    Monday , 24 Sep 2012

China denies it is "gobbling up" India's iron ore

An exhaustive report into illegal mining in the Indian state of Goa has also accused China of using up all of India's iron ore reserves.    Monday , 24 Sep 2012

QE to insanity and beyond - best for gold lies ahead

The upwards path of the gold price looks to be an almost certainty, inasmuch as anything is certain in this world, driven by open ended QE commitments around the world.    Monday , 24 Sep 2012

India bans iron ore fines export from captive mines

The Indian government has decided to ban exports of iron ore fines from captive mines in order to push owners to invest and add value to the ore they own.    Monday , 24 Sep 2012

Glencore cuts down Kazzinc deal, eyes 70% stake

In a statement released overnight, which prompted a halt in trading of Glencore's Hong Kong shares, the trader said it had agreed to lift its 50.7% stake in Kazzinc to 69.61% for up to $1.4 billion in shares and cash.    Tuesday , 25 Sep 2012

Mining, energy at risk as Chileans demand bigger share

Mining firms and energy producers are increasingly critical of President Sebastian Pinera's conservative government and warn of major output problems if regulatory issues are not resolved.    Tuesday , 25 Sep 2012

Malaysia court puts Lynas rare earth plant licence on hold

Activists and opponents of the controversial rare earth plant in Kuantan say the High Court has put on hold for a period of one week the temporary operating licence granted to Australia's Lynas Corp.    Tuesday , 25 Sep 2012

Alpha Natural cuts 1,200 jobs as power plants use less coal

The coal miner says its U.S. thermal coal business is shrinking and plans to focus on supplying coal to fewer plants, which can survive a "stricter regulatory regime."    Tuesday , 25 Sep 2012

Caterpillar cuts 2015 earnings forecast as growth slows

The new forecast comes a year after Caterpillar paid $7.6 billion for mining equipment maker Bucyrus International, the most in its illustrious 87-year history.    Tuesday , 25 Sep 2012

Yesterday's top story: Next Chinese gold target - Venezuela's huge Las Cristinas project

China has entered into a number of resource related deals with the Venezuelan government, key among which is for Citic to develop the massive and frequently disputed, Las Cristinas gold mine.    Monday , 24 Sep 2012

PODCASTS / RADIO                                                     

Will the Lonmin deal stir more mine strife? Peter Major

Mining consultant Peter Major from Cadiz questions how Lonmin can seemingly condone the violence by granting such an unprecedented 22% salary hike and whether it will stir more mine unrest.

The longer term implications of the Lonmin wage agreement - CEO

Simon Scott talks about the historic wage agreement at Marikana, and its longer term implications for the platinum miner.

QE3, gold equities and gold company management - Willem Middelkoop

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.

Platinum, strikes and Lonmin's fundamentals - Marc Elliot

Investec Securities looks at the fundamentals underlying the platinum digger at the heart of the mining unrest currently underway in South Africa.

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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

To register, click here

 

CONFERENCES

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
Mines & Money Australia
Date: 15 October 2012 - 17 October 2012
Venue: Sydney Conference and Exhibition Centre
Mines and Money Australia returns to the Sydney Conference and Exhibition Centre with an enlarged exhibition and a conference agenda featuring more international investment expertise and investment opportunities 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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