Wednesday, September 5, 2012

MINEWEB.COM'S TOP STORIES: U.S. refined copper production hits historic lows for Jan.-May

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FEATURED PODCAST                                                     

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.
 

TOP STORIES | Wednesday , 05 Sep 2012                                                     

U.S. refined copper production hits historic lows for Jan.-May

U.S. copper mine production was up 5% for the first five months of this year, the U.S. Geological Survey reports.    Wednesday , 05 Sep 2012

Gold Fields' striking KDC workers shun local union reps

Tensions calmed after an address by the national president of the National Union of Mineworkers but the Illegal strike at KDC East gold mine is set to continue Wednesday amidst on-going talks    Wednesday , 05 Sep 2012

Torex Gold's focus on building gold mine in Mexico, not takeovers

As Torex enters the next phase for the Morelos project - project funding - its president and CEO hammers out path to production.    Tuesday , 04 Sep 2012

Reports of Australian mining boom's death 'exaggerated'-PM Gillard

Australian Prime Minister Julia Gillard ventured into politically hostile territory at the Association of Mining and Exploration Companies to drum up support for her education program    Wednesday , 05 Sep 2012

Plummeting prices blow Australia's plans for the Galilee Basin off track

Tumbling coal prices and a tough financing climate are threatening to derail billions of dollars of planned investments in the Galilee Basin, investments that would make Australia the world's top thermal coal exporter    Wednesday , 05 Sep 2012

La India gold project expands Agnico-Eagle's Mexican portfolio

The newly approved US$183 million La India gold and silver mine may commence commercial production in the second half of 2014.    Wednesday , 05 Sep 2012

Gold mine cash costs jumped 19% in H1 2012- GFMS

According to the metals consultancy, while gold production was roughly flat during the period average total cash costs rose to $727 per ounce.    Tuesday , 04 Sep 2012

Vale to set aside $539m for probable royalty loss

The Brazilian miner said Tuesday it will put the money aside to cover potential losses related to a tax and royalty dispute with the government.    Wednesday , 05 Sep 2012

Freeport, Reservoir Minerals drill 160 metres @ 10.16% copper equivalent

Drilling a blind target, JV partners Freeport McMoran and Reservoir Minerals rack up a second long copper-gold intercept in Serbia.    Tuesday , 04 Sep 2012

Fortescue shares slump on capex cuts, power station sale

Fortescue Metals said Wednesday it has agreed to sell a power station for $300m while shares in the group fell as much as 10% the day after the miner announced it had put the breaks on its capex plans    Wednesday , 05 Sep 2012

West Pilbara funding dispute still unresolved - Aquila

According to the Australian miner a dispute between it and its JV partner on the West Pilbara Iron Ore project, AMCI, remains unresolved and has now entered arbitration.    Wednesday , 05 Sep 2012

MDM gets Wits Gold DBM gold project DFS

South Africa's MDM Engineering Group has announced that it has been awarded the Definitive Feasibility Study work for Wits Gold's DBM gold mining project in the Free State gold field.    Tuesday , 04 Sep 2012

Yesterday's Top Story: 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

PODCASTS / RADIO                                                     

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.

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.

 

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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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